◳◱ 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
▣...
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.
The...
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...
* Very dubious speculation.
* Nonetheless, XEMUSD's behaviour during this BTCUSD bullrun is very similar to the previous.
* XEMUSD's behaviour during the 1st half of this BTCUSD bullrun and its behaviour during this mid-cycle consolidation period--temporal milestones as measured per BTCUSD and NOT XEMUSD--are both very similar to that of the last BTCUSD bullrun.
*...
We have had much negativ info from Us $ Eu as inflation , coronavirus, unemployment. But now we could see power growing alt. It depends on light money politics from US. I really don't know.
* XEMUSDT is in uptrend with respecting the below trend-line as it's support.
* Currently the price is trading between the upper trend-line as resistance and it's support zone around $0.185 forming a Descending triangle.
* RSI indicator also forms bullish divergence , divergence occurs when there is no longer the same momentum between the price and RSI...
For the first time, the XEM currency is approaching its 200-day moving average
I guess it breaks this point and flies for higher purposes
Spot signal:
Buy at the current price and wait for another 3 months :)
Futures signal X5
$XEM /USDT long 0.1941 0.2064
Targets : 0.2684 0.4131 0.7724
Stop 0.1498
Telgram Channel VIP : NaserTrader
Xemusdt correction is finished I think, it started a bulish wave you can buy in correction and in pulback, Dont rush into buy! it may have some correction because of strong bulish wave, find the best entry.
Goodluck
![XEMUSDT: $XEM/#USDT [#NEM]: Resistance_Breakout_Confirmation](https://s3.tradingview.com/s/sRkkgowr_mid.png "$XEM/#USDT [#NEM]: Resistance_Breakout_Confirmation")
