XEM as I said before is 1 of the best fundamental coins out in the crypto sphere. This makes me believe that it should have a recovery to its price. If you look at the 21 MA on the weekly chart and see the price cross over it after a long time under the 21 MA. It seems to be the first indication of a trend reversal. As long as the weekly price closes above the 21...
A group of altcoins has reached rock-bottom twice now and they seem ready for a bull run. Good time to enter a position on coins listed in my Altcoin Index after doing your own research. Always use a stop loss, and good luck in your trading.
I tried to make a good reflection of the whole cryptomarket. I only could do this with coins that been trading for more than a year. Otherwise the chart did not work. So I made a chart with the following coins:
BTC, ETH, XRP, LTC, DASH, NEO, MONERO, XEM
If people also wanna chart on this chart use the following...
NEM / USD Short-term price analysis
The NEM / USD pair has a strong short-term bullish trading bias, with the cryptocurrency recently advancing to a new monthly trading high.
The large inverted head and shoulders pattern on the four-hour time frame has now been triggered after a brief period of consolidation around the neckline of the pattern.
Technical...
Till now, almost perfect behavior of NEM USD acc to Fibonacci levels (gain and time), expectation is mid of 2020 to go out of S/R field. Duration of accumulation period will show if we will go already UP, to 1US$ or mid of 2020 will be in end of accumulation period with range 3-7 US cent.
NEM looks like a good buy for the shorter term.
In terms of BTC
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After taking huge losses since its January 2018 all-time high, the price sank to the $0.10 mark, where it stagnated and traded sideways throughout most of August through October — validating the level as a strong support and potential resistance.
Since Bitcoin’s most recent decline, however, we have seen NEM continue to...
The 0.0777 Lower Low was made but still the 0.060 mark was defended from last week's sharp sell off. Regardless of this resilience, the 1W Channel Down (RSI = 35.284, MACD = -0.076, Highs/Lows = -0.0092) is still in need of a new Lower Low and that is why we still have one TP left at 0.060. This point will complete our long term shorting sequence on XEMUSD (unless...
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NEM is a dual-layer blockchain similar to Ethereum but written in Java, that is one of the most popular computer programming languages. Launched back in 2015, the NEM mainnet supports multiple ledgers on its cryptocurrency layer, and the NEM Smart Assets layer supports mosaics to represent any store of value. NEM’s...
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