Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About XEM
(Update)
The Resistance Breakout Has Confirmed In 3D Timeframe Chart✅
Expecting Massive Bullish Wave In Few Days✍️
Dear my friends,
I'm looking for a coin with strong growth potential, a coin that hasn't woken up yet while the market is hot. And I found NEM, the 167th ranked coin on Coinmarketcap.
If we only look at the daily or smaller timeframe charts, we can see that this coin has also responded to market fluctuations. However, looking at the weekly timeframe, it really...
Xemusdt is demonstrating a rounding bottom formation, indicating a potential reversal pattern with the price targeting the immediate resistance level.
We've identified a robust demand zone, which could also serve as a buyback area if the price presents the opportunity.
Additionally, our immediate setup target aligns with the pattern neckline. A breakout above...
Target 1️⃣ : done✅
Entry price: 0.03453$✅
Price reached : 0.04811$ ✅
Profit: 39.32% ✅🚀🚀🤑
The cryptocurrency XEMUSDT has experienced a significant increase, rising by 39.32% to reach a price of 0.04811. This surge in value reflects strong market demand and investor interest in XEMUSDT.
XEM has broken above the Uptrend channel. the trend is supposed to continue.
🔵Entry Zone 0.03724 - 0.03854
🔴SL 0.03495
🟢TP1 0.03991
🟢TP2 0.04250
🟢TP3 0.04735
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future...
The ADX Has Bottomed out showing we're soon to start rising and find strength in the upcoming Trend as well as currently Oscillators are traditionally performing better.
The MACD has recently signaled a buy and we're cruising above the signal line.
We're forming an ascending triangle with the price target taking us close to the next fib line more importantly...
XEM is currently breaking out of the huge downtrend on the weekly chart. We always need to take a look at the volume indicator, and the bullish volume is really huge, which confirms my idea. The downtrend ended with a descending parallel channel and a WXYXZ complex Elliott Wave corrective pattern. We have three key resistances on the weekly chart. XEM Needs to be...
XEMUSDT has showcased a commendable adherence to the support area, followed by a robust bounce off the average-price uptrend trendline. A buy signal shared in our channel about a week ago has already yielded profitable results, with an imminent upside potential.
While our initial upside target is within reach, the price surge over the upcoming weeks could be...
Popped on my breakout finder
📈 *Symbol*: `XEM/USDT`
✅ *Qualification*: All MAs within 1% of MA7.
💰 *Market Cap*: `$314,594,092.89`
I'm noticing on the day the adx crossed below a level it never has and when it did the MACD signaled a Buy
With ADX When it's going upward that means trend following indicators work best
when its going down we use things like...
XEMUSDT appears to be showing signs of a potential uptrend. Several indicators, including moving averages and trading volumes, suggest increasing buying pressure. Additionally, positive momentum indicators and recent price action point towards a bullish sentiment. However, traders should closely monitor key resistance levels and market sentiment for confirmation...
XEM has reached a botton and holds support around current price level. From here XEM could make a massive rally back to $0,54 which is a profit of approx. 55% from current price. XEM has ended the Elliot Wave c and usually the price continues it's upward trend. So around $0,54 a small pullback can be expected before the price continue it's price rally upwards.
Xem is breaking the 0.045$ price level which can drive the coin towards the 0.0558 and above it towards the 0.1$ psychological level. If the trend from where it is all starting persist, then we will have a good bullish momentum.
Also volumes are assisting the rise of the price!
Good trading!
