Despite high volatility, NEM’s average price has held relatively stable during the last month. However, the end of March did produce a break of the bullish trendline that began in January.
While the market has yet to set a lower low, it’s a risky time for longer-term bulls. Long stops under the previous weekly lows around 0.00000528 provide an appealing target...
The price is fixed above the level of 0.00000542, possibly there will be X
Breakdown of 0.00000491, the price may fall below
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We have a good accumulation of XEM
The exit occurred at an increased volume - which is also a good sign of a trend.
Now the price has huddled in an upward triangle, where the price continues to move further along an uptrend.
But also I do not exclude another test of support and the trend line.
I buy in parts of 600 - 560 - 510
Goals - 730 - 860 - 990 -...
Nexo now join to NOWPAYMENTS partnership
source : twitter.com
and it's a hot news
They gonna make event before 11 April 2020
we have now two reason to buy and hold of course make some money
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. NEM/BITCOIN is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
. There is a possibility of temporary retracement to suggested support zone (0.0000054 to 0.0000038). if so, traders can set orders based on Price Action...
Study of small and large timeframe scales reveals momentum accumulation. According to technical indicators such as Directional Movement Index and Ichimoku clouds indicators combination we see an aproaching downtrend till Fib 1 retracement level where a strong support and pivot point is located.
(-DI) is above (+DI) and ADX line is much higher than both...
As we need support/resistance, so this pair NEM/Bitcoin needs and has it too.
We're waiting for a little falling of Price but near Support/Resistant Level it can collect its strength and start to grow up.
Buy Zone is under the arrow.
Hope this prediction comes true.
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I've been scouring the markets for a coin that did well against the bitcoin price despite the entire market suffering massive losses.
I'm neutral for now but if the current upward resistance doesn't keep the price down those with upward limit orders will be good to traders.
Buying in at market here can be moronic, so it's best to set your limit for .236 resistance...
Today’s update will be on XEMBTC – trading at the top of its potential ascending triangle in a bull flag formation.
Points to consider,
- Trend respecting ascending support
- 200 MA broke (S/R flip)
- Structural Resistance zone to close above
- RSI respecting Support
- Stochastics bouncing
- Volume profile climax evident
140 days' consolidation on XEM.
On the resistance at the moment but breaking up that level may lead us to nice profits in short term.
We left the consolidation box leaving the MA200 behind us what is a very bullish sign.
We also note another bullish sign which is crossing of the MA100 by MA50. If it keeps tha pace we also will see the MA50 crossing the MA200 -...