- This is my projection for a Millenium Imuplse Elliott Wave (Road to 50 000 USD!)
- If the market will follow a standard Impulse wave, we can imagine a structure something like this.
- 20 monthly moving average seems like a good moving support/resistance, can be definitely a good opportunity in the future to buy exactly at this point.
- Expected duration of...
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...
Hello Traders Investors And Community,
Welcome to this analysis about NEMUSD or also called XEM, on the 4-hour timeframe perspective, the recent events, the established formational structure and what to expect in the upcoming times. The altcoin market in the recent times is developing some interesting formations in the individual certain coins and it needs to...
NEM's unique consensus algorithm could be re-evaluated in the long run. Ethereum is trying to take over the standard of cryptocurrency, but as NEM gains the essence of smart contracts in the future, it will become equally useful. At the very least, nem has potential and is a good investment.
This is my personal opinion and may contain mistakes. Not responsible...
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(XEMUSD 1W chart)
We need to see if we can get support at the 0.36545048 point and climb along the uptrend line.