One of the oldest pioneers of the cryptocurrency industry; NEM. I don't know if the team or the project is dead, or they might start work on it again. There are not much news about the project. However, the coin, NEM, has a beautiful technical analysis and of course if you look at the beginning of the chart the price of NEM skyrocketed. The question is, can it...
What if I told you there would be a retest in the next six months? )))
Yes, that awesome pin was July 10! The price was dropping to completely zero!!!
But on the weekly chart, the VFI curve is about to touch zero. With that kind of volume,
even a bullish divergence probably won't help. More serious consolidation and
level defense is needed.
But a double bottom...
the chart is a perfect complex chart and it is truly hard to prefer a scenario over the other one so i have no problem to think that my 1 of 1 can be A, about A & C and 1 & 3 we have similar psychological conditions both 1 and A can't be identified and the market participants believe in long term move to opposite direction and both 3 & C are the same in...
Suffering from solitude is a gift and i thank GOD for giving me sicknesses to make me strong
We are in 4 of c of 2 of 1 and the c might end around 0.618 of 1 of 1
While btc is heading to ~300 whales start buying Xem and a baby one wait for the end of fifth wave...
We have many probable targets for 3 of 1 and i dare not to pick a most probable tp for this...
after it lost $0.035 and ruined the butterfly harmonic pattern we must think about Gartley harmonic pattern in the 2nd wave. but descending waves have made a Cypher with 5 waves.
i am a different kind of human with different approach because i am poor and i can't buy educational content so i had to learn English trying to read scientific papers from sci hub and many books from z library about some other things so i say the market maker manipulates the mind in every considerable way
price & fundamentals
xem is not a good coin for the way...
XEM is one of my favorite trends for one important reason, history
massive returns happened over the years and still holding the up trend, to see that consolidation over a long period of time is an indicator of up continuation, the behavior of the impulsive wave is one other reason I like this coin, very aggressive on its impulsive waves, and it's still cheap so...
Barrier triangle for NEM and I am expecting wave E to go at 0.618 0.04875 fib retracement of wave D. youu can play long untill this target and from there you can trade short with Stop lose at wave C high.
Overall on long therm I am bearish on NEM.
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Hello everyone.
In my opinion, the combination of charts and patterns that govern the past of the market, as well as the dramatic development of the digital world, will have a golden opportunity in the coming year.
Express your idea.
Thankful.
Break 8/1 and moon
DERIVED FROM MONTHLY (Origin point had to be moved back a candle to make it work due to candle open/closes that's why it looks a little different)
The live NEM price today is $0.215854 USD with a 24-hour trading volume of $224,474,919 USD. We update our XEM to USD price in real-time. NEM is down 0.52% in the last 24 hours. The current CoinMarketCap ranking is #76, with a live market cap of $1,942,684,064 USD. It has a circulating supply of 8,999,999,999 XEM coins and a max. supply of 8,999,999,999 XEM coins.
Here is possible scenario of XEM price developing.
Aftet XYM airdrop was made, price of XEM dropped almost 91%. Since June it retraced ~190%, but price was strongly rejected at 0.23x.
XEM also slowly but continuously looses positions at coinmarketcup(#72 at time of writing).
NEM puts efforts on its new token "XYM" and further development/support of XEM seems...
BTC staged another attempt to break out and managed to successfully make a daily close above the crucial line ..... so we are expecting the same move for altcoins
only 1-5% of balance✅💰
The impulse wave of 2015 - 2017 could repeat in a similar manner. The chart of 2020 - 2021 looks relatively alike so far. I projected the potential waves with the trend based tools. You get a slightly different result with close prices.
Also, back then we had the volume peaking with a huge amount at the end of wave one, tricking people to believe it's over just...
