* 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.
XEM is one of my favorites. Two way is possible for XEM. The first one is more appealing. whatever the path is, the target is astonishing.
buy 50 percent in current prices and if it touches the bottom of channel add the other half.
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...
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...
déjà vu ??
You have seen it many times through different trading instruments and you still going to see it AGAIN AND AGAIN . It can be Derivatives or whatsoever. Mostly this pattern is used to drastically change the trend to the lower side.