Here we have XEM/USD on the 4H chart.
The past two to three days have been somewhat positive for most cryptocurrencies as ETC/USD, LSK/USD in existence. After a terrible weekend and start to the week, most markets have reclaimed a lot of lost value. We are still months, if not years, away from seeing new all-time highs across the board. NEM is one of the few...
NEMs price is holding up strong while many others continue to decline. At a recent peak in the price, XEM created a head and shoulders pattern which sparked a reversal and a bearish push until the EMA(200) and around the 2/1 Gann fan line. This push has now completed the head and shoulders breakout and the price is ready to rise once again. The price has used the...
Technical analysis:
NEM is in Down Trend but Beginning of uptrend is expected.
In Daily chart , A two-day hammer candlestick pattern was formed which is the first sign of the beginning a Bullish Trend.
In 4-Hr chart , There is a valid and clear divergence.
The price touched the strong downtrend line in Daily Chart . It is below the 21-Day WEMA which acts as a...
During the fifth week of 2018, the main cryptocurrencies fell significantly, below the key price levels.
Bitcoin returned to November's prices, and it’s share in total capitalization slightly increased (to 35.3%). Sellers dominated the whole week, giving buyers only a short time to raise prices within the rate correction.
The number of billionaire-coins decreased...
Nem coin still trading upwards, where each wave is getting larger. XEM/USD reached an all-time high when it hit $2 resistance. It corrected back, down to the support at $0.67, which previous also acted as a resistance.,
Price rejected the support and the 4/1 Gann Fan trendline and perhaps now is the time for yet another wave up, that should be bigger than the...
INDICATORS
MACCD levels look good on daily and weekly charts
RSI is decent
MMAR is very positive
Drop in price is still possible
INTELLIGENT PREDICTION
Short term (1-7 Days) - -10% - 40%
Medium term (1-3 Month) - 90% - 400%
Long term (5-12 Month) - 750% - 2,000%
MAKE SURE TO FOLLOW US TO RECEIVE UPDATES ON THIS TRADE
Hello Friends,
You all know, a recent attack on Japanese exchange and XEM coins were hacked.
lets do the math and read the news.
1) Max/ Current current supply : 8,999,999,999 coins, 500 M coins direct deduction / reduction. Hackers wnot provide the coins again and they cannot sell because it is tagged by the NEM team.
2) Coincheck going to refund the money I...
On the fourth week of 2018 the main cryptocurrencies demonstrated growth.
Bitcoin stayed above 10,000 and its share in total capitalization decreased slightly (to 33.3%)
The pressure of sellers in the beginning of the last week was replaced by the appearance of buyers and the growth of indicators.
The number of billionaire-coins decreased to 24, and their total...
We break out resistance line,
next will be an resistance level (previous maximum)
and new fibonacci level (green line).
Stochastic says that market is oversold.
Our team stay believe in XEM Long term!
Bored at work so I thought I would slap this together.
XEMs performance is hinged directly with BTC at the moment. If BTC stays stable XEM will reflect stability also
Is XEM going to find its original bullrun trend?
XEM has been in a clear down trend since the high at $2 and we are still getting rejected by the MA, keeping me bearish at this stage.
We have good buying pressure from 0.80c and I would expect strong support at 0.90c.
Buyers looking to speculate on the market longer term could do well to stack some orders inbetween 0.70c and $1.
Current resistance is between...
On the day before yesterday, a sell signal was spotted on the daily chart of XEMUSD, it came from the indicator "Crossing moving averages"
Since then, the price did not bounce back, exacerbating the bearish picture.
According to the wave analysis, the bulls have a chance: A down correction A-B-C, for a large growth wave from $ 0.2 to $ 2, is over. And now a new...
XEMUSD has made a 5 wave pullback structure right down into the buy zone, major resistance within this area, wave counts within chart which show the first major wave of a massive run to come.
Simple Analysis on NEM.
A lot of Japanese are talking about NEM and buying it for HODL to the MOON!
After price broken resistance at 1.11xxx, price soared higher until 2$ .
Now price has been retracing for those who missed out the broke out rally.
Why buy now?
1) Price broke up the downtrend line now.
2) Price bounce off on 50% Fib point.
Trade with your own...
I think that correction is done and we will go up soon. First stop will be an resistance level and then target by fibonacci level.
NEM is great idea with great solution!
