Hi guys as you can see , for XEM we have to use logarithmic mode , because XEM had a lot up and down prices before , so log mode can show us more details. XEM has two parallel channel , the big one is from first time to now and the smaller is for 2021 bullish market that can continue until the bullish market finish , XEM in a few days ago (before BTC down) has...
nem has experienced a double top and it cordinated with btc move to the downside,
BUT it also looks like nem(xem) made a double bottom might try to push higher into the bullish channel . (you can look at mac D for confirmation for the tops and bottoms)
coin has been downpriced because of somekind of a airdrop(pretty common airdrops drop the price of assets in...
NEM has been rejected and trying to hold just below resistance. It is forming rising wedge plus low volume that idicates bearish setup.
Most likely we can expect a drop to $0.35 level, or lower - $0.31.
It's not a financial advice
#XEM/USDT Profit Update:-
$XEM currently trading at $0.54 and this is our 2nd Target.
First Entry was :- $0.31 ✅
Re entry was :- $0.40 ✅
TP1:- $0.50 ✅
Now 50% up from our 1st entry and 30% up from our 2nd Entry ( Re entry)
Hope you enjoying ride .
Please click LIKE button and Appreciate my hard...
The fibs are the short term break out targets, first time trying to publish an idea here and sorry if i am not providing enough data for anything very meaningful. However, nothing here is financial advice. Be happy. BINANCE:XEMUSD
$XEM currently trading at $0.4090
And this is very good re entry point.
I am buying here some $XEM/USDT
Already 38% profit booked from our first entry.
Hope you also enjoyed our first ride of $XeM.
Please click LIKE button and...
LONG TIME NO SEE GUYS
Today, I see a sweet spot to buy XEM
and here are reasons
1. the day candle show us that the price is changing to bullish trend although EMA 24 and 42 is not crossing up yet (Its might coutinues going down)
2. Trend Strength shows that bullish trends is getting stronger
3. Stoch is close to over sold line so the price is about to go back up...