XEMUSDT trade ideas
HOLD YOUR XEM ... WILL MAKE YOU RICH as we can see as per the chart, XEM from the rare coins which still hadn't show a big move since the beginning of the bull run.
we can expect a huge move in the coming days or couple of weeks to reach amazing profits maybe up to 250% and maybe higher.
✅ Buy: 0.46 - 0.48 ✅
🎯TARGETS:
1- $0.697
2- $0.861
3- $1.200 ( TAKE PROFIT HERE AND LEAVE A SMALL AMOUNT FOR NEXT TARGET)
4- $1.760
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below 0.3030
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Possible growth Due to the break of the short-term channel roof and polbeck to it. We expect price growth up to the specified rang.
XEM on an uptrend - Higher moves to 1 dollar are possible!Not much to say, but I think we are constructing a very nice uptrend for the midterm traders.
Time to buy XEMUSDT Hello traders!
XEM dropped hard in the first two weeks of March and after that, there was no sign of recovery but now it looks like it is ready to move up and it's at a good price to enter buy.
This successful bullish breakout will give 60% of the gains.
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XEMUSDT (NEM) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- XEMUSDT hit an ATH and retraced.
- Price is retesting the flip horizontal support (FHS).
- There's a relatively high concentration of buyers at the retest zone.
- The retracement was resisted by the descending trendline resistance (DTR).
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
- The market is consolidating in a rectangular pattern.
- This rectangular consolidation is known as the accumulation phase (wyckoff method).
- The accumulation phase is a bullish build up pattern (pre uptrend).
- There's an breakout potential.
BUY ENTRY ⬆️
- Breakout above the accumulation phase resistance (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
SETUP INVALIDATION ❌
- Breakdown below accumulation phase support (S1).
