After the recent jump xem is following a falling wedge pattern which is a bullish sign.. sone it will touch new highs
After the previous jump now its in a falling wedge pattern and will gona touch new high
XEMUSDT(NEM) Daily timeframe range. its a pretty simple and clean chart. #0.0662 current resistance clearing out open a clear space till #0.0875. failing will lead it to #0.0474 or below.
Seems Like Xem Has Already Bottomed Out Formed Descending Channel In daily Timeframe InCase Of Breakout Expecting 90 -100% Bullish Move
We've detected a Resistance Breakout and Confirmation on the $XEM / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.0418 | 0.0442 | 0.0497 and the major support zones are respectively at 0.0363 | 0.0332 | 0.0277. We may consider...
butterfly harmonic pattern: AB=0.78 XA BC=0.88 AB CD=1.6 BC or CD=2.24 BC
after it lost $0.035 and ruined the butterfly harmonic pattern we must think about Gartley harmonic pattern in the 2nd wave. but descending waves have made a Cypher with 5 waves.
XEM is one of my favorite trends for one important reason, history massive returns happened over the years and still holding the up trend, to see that consolidation over a long period of time is an indicator of up continuation, the behavior of the impulsive wave is one other reason I like this coin, very aggressive on its impulsive waves, and it's still cheap so...
trendline getting weaker incase of breakout expecting minimum 2x not a financial advice
BINANCE:XEMUSDT Potential Bearish Bat Potential Reversal Zone: BC Retracement (1.618 | 2.618) Near: 0.03223 Far: 0.03303 XA Retracement (0.886) Near: 0.03295 Far: N/A
crab harmonic pattern: X=$0.276 AB=0.61 XA BC=0.38 AB 1.6 BC=$0.047 0.78 XA=$0.056 2 BC=$0.093 0.88 XA=$0.118 2.24 BC=$0.142 2.6 BC=$0.277 1.13 XA=$0.729 3.6 BC=$1.61 1.27 XA=$2.1 4.23 BC=$4.79 1.41 XA=$5.89 1.6 XA=$27.85
butterfly harmonic pattern: AB=0.78 XA BC=0.88 AB=$0.034 tp1=0.78 BC=$0.47 or 0.88 BC=$0.65 tp2=0.88 BC$1.29 tp3=1.6 BC=1.27 XA=$7.5 tp4=1.6 XA=$34 tp5=2.24 BC=$53
XEM is accumulating on the 0.88 Fibo level of the last ascending wave at $0.034.
Two options for entry , follow the risk management and don't forget to put stop loss
$XEM currently is in a good accumulation range ~ $0.04 with a great profit potential. Further downside is still possible but regardless it a great price to pick up some cheap $NEM. Not financial advice. Good luck!
XEMUST is trading within a parallel channel. The price is currently trading near the upper boundary of the channel. The bulls need to break above the channel. While bears are active below the upper boundary of the channel. Trade your levels accordingly.
Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (XEMUSDT 1W Chart) Whether or not it can move higher than 0.0852 is crucial. (1D chart) Primary resistance: 0.0578-0.0666 Secondary resistance: 0.0852 Support: 0.0497 To move above the...