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!
XEMUSD we see our key levels at 1$, 1.50$ we expect to risk very little to gain the upside to probaly 3$ if price falls to 1$ please buy!
XEMUSD vemos nuestros niveles claves en 1$ y 1.50$ estamos arriesgando poco para ver que el precio llegue a 3$, si el precio cae a 1$ porfavor comprar!
If you're a member, you had access to early charts a few weeks back so you got in early!
Everyone else, we still have great potential to grow here - as usually these charts are self explanatory
Even though we recently learn about China is moving for a cryptoban, XEM* is already well implemented in the east and should provide a growth in the month to come.
The recent down is probably due to the uncertainty related to Catapult and China Cryptoban rather than about the fundamentals of XEM*
The demand has a steady growth but could be slowed by a lack...
Last week, cryptocurrencies survived dramatic fluctuations of the exchange rate, after takeoff on the previous week.
Bitcoin declined and decreased its share in total capitalization from 55% to 43%
It seems that a significant amount of investors' money flowed into the grown BCHUSD and XRPUSD as well as the heavily-watched Ethereum /
Most of our recommendations...
Crypto is the trend right now.
I am seeing bullish-ness, however a break above 0.26 would be a safer entry.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such...
And finally we got it: big decisive #PUMP of Nem BITTREX:XEMBTC (in USD we reached 0,65 USD per NEM !). So what we can do now ? We can expect a formation of a triangle, buying the lows of it (under 23% fib), and wait for the breakout of 50% fib for the first targets.
Last week, most of the cryptocurrencies continued their amazing growth.
Bitcoin (BTCUSD) has risen in price by 27.5% from $ 14,900 to $ 19,000, teaching $ 20,000 at a point.
The light body of the weekly Japanese candle has twice surpassed the "tail" of the previous week.
It looks like the expected correction to $ 8000- $ 10,000 is unlikely to happen, there...
Hey Everyone,
As major platforms such as Dash, NEM, Bitshares and Neo are quietly taking steps designed to bring them into the mainstream and growing rapidly which these platforms are similar to Ethereum in that they offer smart contracts and the ability to create custom tokens, as NEM adoption and development continues to grow and also as the NEM.io Foundation...
