Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the XEM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
XEM hasn't gone crazy yet and it looks like a good opportunity to ride.
Wait for the breakout to confirm and start accumulating.
The green space is for illustration only, it depends on your hands, as always.
You can find my channel, if you want.
XEMUST is trading within a parallel channel. The price is currently trading near the upper boundary of the channel.
The bulls need to break above the channel. While bears are active below the upper boundary of the channel.
Trade your levels accordingly.
Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(XEMUSDT 1W Chart)
Whether or not it can move higher than 0.0852 is crucial.
(1D chart)
Primary resistance: 0.0578-0.0666
Secondary resistance: 0.0852
Support: 0.0497
To move above the...
Hi everyone 👋🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 XEMUSDT- Daily Time Frame - Heikin Shi
📌 Support zone - Descending trend line - double bottom
📍 xem or nem project is looking a little bit more bullish than other crypto currency pairs, although it has seen a slight 90% price drop since its ATH, I think it is the time to invest carefully in this...
Reasons to take short
⭐️ BTC looks bearish
⭐️ Volume at top
⭐️ 6th touch
⭐️ You can see trendline on daily tf
⭐️ Trendline is 3d old
⭐️ 77 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by...
- Bullish BTC
- Bullish trend/Accumulation
- Formation >400 bars
- Squeezing to a level
- Lots of touches
- Formation is visible to everyone
- Over VWAP
- ATR <30
- When the base of 5 or more candles will be ready and the glass will get faster, I'll enter
Close by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
The rest we keep to reach maximum potential
What...
we can long this now
it might be ranged for a while but the 1 TP is easy to active .
if 2TP triggered you can be sure about the 3 TP too...
we had this analyzed earlier and it can be seen in the linked ideas
