💎 Paradisers, get ready for a dynamic trading opportunity with XEMUSDT. The asset is demonstrating significant activity within the demand zone, suggesting an impending shift towards an upward trend.
💎 NEM has been following a trading channel pattern with precision. Its recent breakout from this channel signals a potential rise towards a resistance level, then a...
◳◱ On the $XEM/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 0.04344 | 0.05071 | 0.06368 and support near 0.03047 | 0.02477 | 0.0118. Entering trades at 0.03628 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: NEM
▣ Rank: 136
hello dear trader
xem after collect some liquidity ready for breakout downtrend channel
there are 2 take profit exist on this chart
What is NEM?
NEM is a blockchain platform that was launched in March of 2015. It was one of the pioneers of the cryptocurrency industry, and sought to improve on the imperfections found on other chains at the time. It was one of the...
💎 Paradisers gear up for an intriguing prospect with XEMUSDT. Following its recent dip, we're observing a revival of bullish energy.
💎Historically, XEM has showcased a pattern of trading within a defined range, consistently adhering to particular support and resistance thresholds. There have been instances of deceptive breakouts and liquidity captures....
XEMUSDT is trading under declining trendline and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the channel.
Currently the price is forming a local support around 0.0245 region , seems like the buyers are getting ready for some serious move to upside.
Will the bulls take charge again continue for leg higher
XEM has a double bottom pattern. It is now on his uptrend to the last leg.
That means a 55x until the highest top 3000KRW.
Then we have a double bottom play out, this bring us to a 110x around 6000 KRW.
If you look at the blue lines, it took 1155 days until the first V formation. if it takes another 1155 days for the next leg, thats around 29 april 2024.
XEMUSDT - NEM
SHORT - after crazy pump into the Fib 0.382 Retracement and
fall back under the key level while taking liquidity from the previous double top.
LONG - after a massive fall right into the intersection
between the middle of the downsloping channel and the new rising channel exactly at Fib 0.886 Retracement.
TP1 & TP2 secured letting rest ride.
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
We've detected a Resistance Breakout and Confirmation on the $XEM / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.0418 | 0.0442 | 0.0497 and the major support zones are respectively at 0.0363 | 0.0332 | 0.0277. We may consider...
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.