last but not least. Proximity of ermanometric vertical lines (calculated on weekly basis) and bullish engulfing of two, last weekly candles gives here opportunity to play that blue triangle up. Not trading advice. DYOR! Intresting rule - in cryptotrading especially - is to be greedy, when the others have fear, and have fear, if the others are greedy (like it...
in logical level. And now resistanse area is also logical. But where to get long? I dont fear to write - i dont know:) But perspectives are good if the broad market will be more bullish. I expect that to happen this autumn. I expect also it will be shortlived pump, but we all love pumps.
even for retesting ATH (around 1$). Will the market let this to happen. I hope so. Under 15cents - limbo however. And this (for now) fast 4bln$ marketcap. Very expensive coin, but the chart looks better than XEM, Verge or others dumped 90% or more from ATH. If strong upmove will appear on charts, there should be this logical sequence Ripple, after that or fast...
for trend change. Under the horizontal, red line the limbo awaits, and probably long fading to 10cents.
But under 0.01$ can be hot to keep that long. It is risky game, but i'am personally in it. 0.013 is good price some chunk awaits as pending order @Bitfinex @ 0.0101$ (Not Bittrex, Bittrex is only for calculation for me). Of level 0.01$ will fail to defend i will not panic. It could be good opportunity to accumulate more and cheaper. For Verge i can give 1% of my...
This horse is from banksters family (i dont own any chunk of their coins made from air like FIAT money, and with unlimited creation of coins), but who cares. Cryptosphere needs new fuel and new God. If not Bitcoin, Ripple is best replacement. For now and only as a horse:). Under 25 cents however - DOOM not MOON awaits.
= my entry again (@8.8cent). If we only can get in this case info similar to Ripple, skyrocketing could be intresting. Without that i hope for small bounce (20cents). Not trading advice!
showing here the same possible reversal week 24-30 September. Ermanometry in case of XEM does not work however so precise in comparison to BTCUSD weekly chart (after all time high made by Bitcoin - before that time ermanometric calculations seem not to work properly). But XEMBTC chart suggests possible nearing of ending this bear market here. Some spike up should...
looks like it was also played in the past time.
with wxy corrective structures. Only proposal of counting, not a prediction. I try never predict, sometimes i draw only my wishes on charts (making this wishes more or less visible), but this are never trading advices!
I dont trade this coin, but for learning purposes is good to look at it. Other approach than in case of XEMUSD presented by me. I must take closer look at XEM and BTC if the XYZ multiplied counting is better than conventional seeking of ABC patterns with 12345 or abc subwaves.
It lacks for now some bearish wave or two, if this counting is valid. 15mins closer look: Blue line = invalidation of this counting line
I am on that boat again. 6 cents was not touched, but i buy what i have planned for this level @9cents (so smaller quantity of XEMs). In case of badboys return i will not have probably possibilty to close that trade without loss so it will go in this case to longterm hodl purse. In case of renewed bearish moves i will take another one portion probably @ 1-2...
I have sold all XEMs taken @ 10 cents (very limited loss from my side in this case only few percent). Situation of wide cryptomarket is strange form me. All is cheap, but it looks like could be cheaper. So i choose one more time to stay aside, and even if i buy some crypto, that will be probably very shortterm entry to catch some shortlasting bump. 6000$ BTCUSD is...
I cannot paste images in my last idea, so new idea with situation update. That 5th wave if will occur should not last long, minimum for this is around 7 cents (38.2 length of wave 3rd) maximum rests for trading robots or panic sellers. I will put some pending buy orders @HitBtc and @Zaif but in hope for get fast free of cost XEMs. Before trend change here should...
Since i try to test ermanometry on many instruments only one test satisfy me fast full. Weekly chart of BTCUSD. Erman wrote in his book, that only daily should be used (as the highest timeframe used) but since February 2018 in case of BTC weekly chart is more accurate to get intresting turning points. The lower timeframe (i tried to test even 1h) the more mistakes...
caused here double top on chart. Now area with vertical two blue lines is resistance area, based on 4h ermanometry calculations. I prefer of course 1 day charts calculations, but sometimes is worth to look at lower timeframes.
I had some hopes in my previous idea for panic dump, to get more cheap XEMs than 10cents, but this price formation can be here shortterm or midterm game changer. Of course i dont hope here now for whole trend change, only jumps to test 14 or even 20cents are possible (without big announcements, only in case of more bullish power on whole market). After that jump i...