It seems this could be its first awakening after a long long sleep..
Almost all alts already did some nice movements or still working on that right now.
Whilst the NEM is that one from plenty of them without substantial move, up until now.
There is scheduled conference Money 20/20 in six days. It's like enough we could hear about some good news.
But what about TA...
With my last opinion that BTC have a up wave and XEM/BTC chart.
I think that it will have a up wave to 125 -130 range and maybe more.
Stop loss at 10 range but I will look for another entry because I think that it will up.
Sorry for my bad English so I can’t explain so much.
Stop loss for any trade please!
Thank you very much!
Greetings from Benice team!
Today we are going to have a look at a coin which has recently received special attention. It is Nemo.
Some facts describing the NEMO project:
> It has an interesting POI (Proof-of-Importance) consensus. Anyone who installs a masternode can get a reward, although the account balance should not be less than 10,000 XEM coins.
What a good trade setup here.. 4h RSI div in 18 bars.. (generally dont prefer over 14 but this looks nice to me) Strong support hold at 1164.. Safe trade if BITFINEX:BTCUSD doesn't choose to make a surprising move..
Clear breakout has bought some increased volume with promising signs on the RSI.
I have just opened a long position during this pullback.
Sell Targets are shown at the S&R levels.
I will be keeping a sharp eye on BTC as it may have a dramatic effect on how this trade plays out.
As always DYOR and happy trading.
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TRADE DURATION: SHORT TERM 1 WEEK
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot...
I was checked XEM history a bit. In this picture we see the first accumulation phase beetwen 8 feb 2016-30 may 2016 and after we can see a nice pump
Second accumulation phase was beetwen 7 sept 2016-6 feb 2017 after a hugeeee puuuuump and now..also we are in accumulation phase and we have a very huge bullish divergence at 1week timeframe.
First fibonnaci target...
XEM is another top altcoin which has been in a big bearish market as we can see and we can see that it has been making a reversal pattern in its bear movement and now we are at our ultimate bottoms, however we can see that we are still inside the wedge and there is still room for downward movement so we should wait for the bounce from our trend line which will get...