Head and two shoulders for XEMUSDT.PA break below the neckline is considered a confirmation of the bearish pattern and suggests that the price is likely to fall further. The target price for the decline is typically calculated by measuring the distance from the head to the neckline and then subtracting that distance from the neckline price.
XEMUSDT trade ideas
XEM Looking Extremely BullishOn the Day Chart It's a no brainer
On the 15minute chart that i'm showing it's a bull flag
you can look at the stem of the bull flag to acquire a price target that hits at least 55% of the time in bull market scenarios
#XEM/USDT - Long - Potential Strategy: Long
Exchange: BINANCE
Account: Spot
Entry mode: Market order in range
Invest: 1%
Exit:
• Target 2 : 0.09547 81.09%
• Target 1 : 0.06396 21.32%
Entry: 0.05272 ⌁ 0.05272
• Current market price: 0.05272
• Stop: 0.04295 (-18.53%)
Technical indicators:
Massive inflow of volume broke overhead resistance triggering my interest. However with with scant fundamentals so don't put your house on it, in fact it might be prudent to employ a breakeven stop (triggered by a TP 1 hit).
• ⎿ 24h Volume: 14614799.29425
• ⎿ Satoshis: 0.05272
• ⎿ Analysis: TradingView
XEMUSDT.PThe XEMUSDT.P has formed a triple top pattern, indicating a potential downward movement towards the support area.
XEMUSDT.PXEMUSDT.P is in bullish trend.
Big bearish divergence shown in RSI.
Rising wedge reversal pattern also form.
We wait and watch for the breakoout of rising wedge reversal pattern.
XEM/USDT Ready for Potential Bull Rush?🚀👀 XEM Analysis💎 Paradisers, get ready for a dynamic trading opportunity with XEMUSDT. The asset is demonstrating significant activity within the demand zone, suggesting an impending shift towards an upward trend.
💎 NEM has been following a trading channel pattern with precision. Its recent breakout from this channel signals a potential rise towards a resistance level, then a rapid pullback, in keeping with its usual market behavior.
💎 There's a considerable chance for a bullish trend to initiate from the support level at around $0.0351. With XEM having effectively ascended from the trading channel, it's now targeting resistance levels near $0.0436.
💎 Strategic timing is essential for insightful Paradisers. It's crucial to pinpoint the most favorable entry points during this upward trajectory and to remain cautious about entering at the height of the trend.
💎 Caution is advised, as there's a risk of XEM descending below the support level of $0.0339. A decline below this significant threshold could raise concerns about the sustainability of the upward trend.
XEM/USDT - NEM: Trend Reversal◳◱ On the $XEM/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests momentum building up for a significant move. Traders might observe resistance around 0.04344 | 0.05071 | 0.06368 and support near 0.03047 | 0.02477 | 0.0118. Entering trades at 0.03628 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: NEM
▣ Rank: 136
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Bittrex
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: NEM is a smart contracts platform focused on high performance and enterprise solutions.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.03628 ₮
▣ 24HVol: 1,084,102.705 ₮
▣ 24H Chng: 1.397%
▣ 7-Days Chng: 0.44%
▣ 1-Month Chng: 34.78%
▣ 3-Months Chng: 46.24%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.04344 | 0.05071 | 0.06368
◢ Support: 0.03047 | 0.02477 | 0.0118
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 8.04
▣ Last 90D: 3.58
▣ Last 1-Y: 0.50
▣ Last 3-Y: 0.15
◲◰ Volatility :
▣ Last 30D: 0.51
▣ Last 90D: 0.45
▣ Last 1-Y: 0.74
▣ Last 3-Y: 1.11
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.51 - Bullish
▣ Reddit sentiment score is 0.41 - Bearish
▣ In-depth XEMUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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IT is time for XEM ? hello dear trader
xem after collect some liquidity ready for breakout downtrend channel
there are 2 take profit exist on this chart
What is NEM?
NEM is a blockchain platform that was launched in March of 2015. It was one of the pioneers of the cryptocurrency industry, and sought to improve on the imperfections found on other chains at the time. It was one of the first non-turing complete chains to feature user-defined tokens (called mosaics), namespaces, multisignature accounts, and a P2P reputation system based on EigenTrust++. Its most notable contribution to the space is the proof-of-importance consensus mechanism, which sought to reward on-chain activity and deter the concentration of wealth commonly associated with proof-of-stake. Its client, NIS, is written in Java.
good luck
XEM INCREASE VOLUMEThanks for reading this update.
XEM seems to enter a new increase in volume.
KRW volume increase for (NEM) XEM.
This can show a break since unexpected volume.
TRADE PLAN FOR XEM FOR PROFITSHello traders, if you have been following my analysis you should be fine. another opportunity to buy and hold , from the chart breakout of fallen wedge and my focus is 50% roi DYOR, next buy order is the next support.
Tradehubng
"Riding the XEM Wave: A Strong Buy Signal Emerges!"### Fundamental Analysis
Xem is a cryptocurrency that is native to the NEM blockchain. NEM is a public blockchain platform that is designed to be scalable and secure. It uses a unique consensus mechanism called Proof-of-Importance (POI) which rewards users for holding and transacting Xem.
Xem has a number of potential use cases, including:
* **Payments:** Xem can be used to make payments to anyone in the world, quickly and cheaply.
* **Asset transfers:** Xem can be used to transfer other assets, such as stocks and bonds, on the NEM blockchain.
* **Supply chain management:** Xem can be used to track the movement of goods and materials through a supply chain.
* **Voting:** Xem can be used to vote in polls and elections on the NEM blockchain.
### Recent News
* On October 26, 2023, the NEM Foundation announced the launch of the NEM Developer Fund, a $10 million fund to support the development of new applications on the NEM blockchain.
* On October 27, 2023, the NEM Foundation announced the release of the NEM NIS1 2.3.1 software update, which includes a number of bug fixes and performance improvements.
* On October 28, 2023, the NEM Foundation announced the launch of the NEM Symbol Upgrade, a major upgrade to the NEM blockchain that will introduce a number of new features, including support for smart contracts and decentralized applications.
### Disclaimer
This information is provided for informational purposes only and is not intended as investment advice. Please do your own research before making any investment decisions.
XEM/USDT potential shift? 👀 🚀 XEM Today Analysis💎 Paradisers gear up for an intriguing prospect with XEMUSDT. Following its recent dip, we're observing a revival of bullish energy.
💎Historically, XEM has showcased a pattern of trading within a defined range, consistently adhering to particular support and resistance thresholds. There have been instances of deceptive breakouts and liquidity captures.
💎Presently, the coin is anchored firmly at the 0.2516 support level. Our analysis leans towards its potential to approach and possibly challenge the resistance in the upcoming sessions.
💎 However, a word of caution: should XEMUSDT's price fall below the 0.2516 threshold, a bearish trend might be on the horizon. As always, approach your trades with informed strategy.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
XEMUSDTXEMUSDT is trading under declining trendline and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the channel.
Currently the price is forming a local support around 0.0245 region , seems like the buyers are getting ready for some serious move to upside.
Will the bulls take charge again continue for leg higher
Just Received A buy signal in 7-starI think it's turning bullish now. With positive volume and a buy signal in 7-star buy we can see an uptrend in XEM
1st Target: 0.029
2nd Target: 0.065
3rd Target: Moon
Stop Loss: 0.025
Enjoy
#NEMUSDT 8-2023NEM is a blockchain-based cryptocurrency created in 2015 by a team of developers led by Nguyen Thanh Trung. NEM is designed to be easy to use and highly scalable.
Blockchain: NEM runs on a public blockchain. This means that anyone can join the network and verify transactions.
Smart contracts: NEM does not support smart contracts.
Applications: NEM is used for a variety of applications, including payments, decentralized finance, and asset management.
Add to Watchlist!
NEM has been relatively quiet in recent months, but there are a few upcoming projects that could help to boost the price of XEM.
One project is the launch of the Symbol blockchain, which is a fork of the NEM blockchain. Symbol is designed to be more scalable and secure than NEM, and it is expected to be released in Q4 2023.
Another project is the development of the NEM Foundation's Enterprise Ecosystem. The NEM Foundation is working with businesses to develop applications that use the NEM blockchain.
Note:
This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management.
You can't impose your opinion or force it to happen in the cryptocurrency market. So, be prepared for any outcome.
Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing.
Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏
Xem building up For Breakout Finally Xem Looks Ready For Massive breakout Formed Falling Wedge In 3 Days Tf Incase Of breakout Expecting 200 to 220% bullish Wave In Midterm
XEM potential long opportunity (risky)I probably won't take this trade but the pattern can't be ignored... not this week
XEMUSDT.P bullish opportinityOn 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.
XEM 40 %XEM possible move up 40 %
Looks good
Achieving this goal may be quick, or it may take several weeks.
XEMUSDT 4h longa good pattern up , can catch a good impulse - The main thing is to keep an eye on bitcoin
$XEMOn Daily timeframe level the price action of TSX:XEM Started to take off from its potential Support level
