The pattern transformation from the 1W Channel Down (MACD = -0.080, Highs/Lows = -0.0417, B/BP = -0.1109) to the 1D Falling Wedge (RSI = 43.716, MACD = -0.010) was successful on XEMUSD and the price is now rising towards a 0.12059545 High. Short TP remains 0.060.
XEMUSD is extending its losses on a long term bearish 1W Channel Down (RSI = 36.144, oversold on STOCHRSI, Williams, Ultimate Oscillator). However it may undergo a formation change to a 1D Falling Wedge (blue lines) if 0.1069 is crossed now. Still it is limited to a 0.12060 maximum, so we remain short with TP = 0.060.
XEMUSD TRADE Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
10 cents looks as good support here (combined with 6000@BTC), however market always can do flash crash much below that point, risk is high. I got now some new XEMs stack from that level (around 10,6cents) but i must have also plan what to do if market will go lower. But even if it goes lower (and i will buy more XEM in 2-4cents area) there should be bump to that...
I did a XEM -2.55% btc 1.01% pair today and said maybe it will have one more leg down but when I saw this...looks more bullish than btc 1.01% pair
TP = 0.12059 hit as XEMUSD broke the Falling Wedge to the downside and appears to be extending eventually the commanding trend of the 1D Channel Down (RSI = 26.153, ADX = 74.761). XEMUSD is near 12 month lows hence the low pace (MACD = -0.016, Highs/Lows = -0.0192, B/BP = -0.0408), indicating that a bottom (short/ medium term) may be near. If 0.08810603 breaks we...
XEMUSD is on a 1D Falling Wedge (RSI = 30.672, MACD = -0.008) that is dropping towards the 0.11087 December 07, 2017 bottom on a very steady pace (Highs/Lows = -0.0168, B/BP = -0.0249). We are short on this crypto, TP = 0.12059.
XEM/USD correction from ATH-price is more than 90%(lose). NEM Has very nice buy-zone( 0,9 - 0,15 ) for long-term position.
This is a medium term trade since we are near our demand zone. Chart is self explanatory as always. If you're a member you will be receiving updates on this trade privately. If you follow me, partial updates will be available. Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Technical analysis: . NEM/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. . The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . There is still a possibility of...
Technical analysis: . NEM/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. . The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . There is still a possibility of...
Logarithmic, daily chart, and dotted trendline (based on daily closings) worked here well out. But this of course does not guarantee, that this dip was the last one. It is however worth to show. We must remember that real XEM trade began little earlier than in April 2015. It was in October 2014, when XEMs stakes (2.250.000XEMs each) were traded on Nextcoin Asset...
but this downward move can be stoped only in minimun 3-4cents area. I'am very "sorry" (in fact i'am glad because of incoming load of cheap XEMs from losers - welcome to the jungle), i dont wait even for 18, 16, 13, 10 cents. I want have it CHEAP!:) Of course there should be some bounces from mentioned levels like 10 cents, but You know - this market is sheeps...
20 cents would be way much interesting to get long and could make huge profits in time . my last analysis on this is attached to comments.
Since the end of April NEM has corrected down strongly, while it moved from $0.45, down to $0.22. At $0.22 it found the support at 88.6% Fibonacci retracement level that has been rejected. Following wave up resulting in a growth towards $0.27 and then a small correctional wave down. On a correction NEM/USD yet again found the support at 61.8% Fibs, that is...
or only pump&dump scheme. Whatever it is, if downtrend will be continued, XEMcoin should be accumulated (by smart peoples with strong hands and buts too;)) Intresting levels for now are: 18,12, and 4 cents. Everyone should think about money management and that this entries can be (partially or as a whole) holded on longterm basis (3 moths to even one year from...
The crypto pair is trapped within a symmetrical triangle on the daily chart. A valid breakout from it will signal a furter increase on the short term. Only a valid breakdown below the 0.00002857 level will invalidate the bullish scenario.
With such pattern, and Bitcoin downtrending, will probably retest last big dip around 20cents (two targets for this 22cents and 18.5cents) Such a shame but also good opportunity to tank cheap XEMs and hold in hope for other bubble in other times.