I probably won't take this trade but the pattern can't be ignored... not this week
On the hourly chart the instrument is currently moving in a consolidation channel which could be the finish line of the 2d Elliott wave in a bullish cycle. Breakout of the latest up fractal could be an optimal level to open long position with a short SL level.
a good pattern up , can catch a good impulse - The main thing is to keep an eye on bitcoin
On Daily timeframe level the price action of TSX:XEM Started to take off from its potential Support level
Are we going to see Pump soon? 🔥 Still respecting out Horizontal Support level
$XEM Pumped out almost 20% from its Demand Zone level 🤝 #Crypto #btc
Seems Like Getting ready For Massive Breakout Formed Descending channel Incase Of breakout Expecting 200 to 220% bullish move Keep Eyes On for Massive breakout
$XEM At last finally we started to see some pump from its horizontal demand zone level
$XEM is Still at its horizontal demand support level where the price action shows the chances of bouncing back from there impulsively. #NFA
On the H4 timeframe level, the price action of $XEM bounced back from its Daily S/R level, which was marked at $0.0381 to $0.0356. Broke out the resistance trendline as well 👀
XEM can show coming time an increase trend. We will follow it to see if it's able to confirm the uptrend.
XEMUSDT - NEM SHORT - after crazy pump into the Fib 0.382 Retracement and fall back under the key level while taking liquidity from the previous double top. LONG - after a massive fall right into the intersection between the middle of the downsloping channel and the new rising channel exactly at Fib 0.886 Retracement. TP1 & TP2 secured letting rest ride.
XEMUSDT - NEM SHORT - after crazy pump into the Fib 0.382 Retracement and fall back under the key level while taking liquidity from the previous double top. LONG after a massive fall right into the intersection between the middle of the downsloping channel and the new rising channel exactly at Fib 0.886 Retracement. TP1 & TP2 secured letting rest ride.
$XEM Played out very well as we expected 🤝 currently accumulating the price
Xemuadt based on price action.i expect we go 1 leg up and 2 leg down and then continue to rising
#XEMUSDT we published and shared this idea with you in our profile here as you can check the previous analysis for #XEMUSDT and this analysis gave really good and massive profits BoooooooM 🚀🚀 All Targets: done✅ Entry price: 0.0307$✅ Price reached : 0.0774$ ✅ Profit: 252% ✅🚀🚀🤑