NEM (XEM) Price Charts

emotions in the market like that are mindkiller

For enthusiasts of divination techniques i have something new. Runes.

For February and pricing of XEM- inverted Wunjo (bad sign, complications)

For March - Ansuz (good sign, material success)

But i not say anyone to sell, if You can hold, hold it to the March!

So i assume the Team will postpone sadly snapshot. Dump before pump. Never ending story, rinse and repeat pattern. 95-99% must fail to give their money (and energy) to 1-5% winners.

1 Like

do you think it will postponed again?

I think so, but i am not in the heads of the team. So dont believe me. I am not a insider.

Intresting situation @XEMUSD

https://www.tradingview.com/x/Hlx1DGZd/

this impulse is only my wish, what market will do that is the question to market forces, 22 cents if broken will invalidate that impulse.

https://www.tradingview.com/x/uPDXCzZo/

minimum growth from triangle formation (and technical players of this triangle) is 37cents.

but this volume is for me too low, attack should have much higher volume :confused:

2 Likes

in every relationship the number 1 important is ā€œtrustā€ā€¦ we have trust at nem, but i think we canā€™t afford for another delay or postponeā€¦thatā€™s too much, nem have many supporters worldwide specially in japan, but once the trust is broke it canā€™t never be back, it will be foreverā€¦

trust in crypto, its a joke :smiley: here is only trust in pump and trust in avoiding dumps

technology and Team work is only speculative backgroud for that play

https://www.tradingview.com/x/lRdOHmaF/

volume little higher but at cost of ending this impulse, now is the question if this triangle will be still in play, i think until it holds above 22cents chances are high for next leg up, as B or 3rd waveā€¦

it can be more complicated than we expect:

https://www.tradingview.com/x/vUkNy1OO/

XEMBTC and BTCUSD affects high XEMUSD chart.

for XEMUSD 22cents looks to be a pivot.

2 Likes

Just a hunch. I think some good news may be announced shortly, as price is creeping up. I think insiders buying before news.

Last time when release was delayed I felt that insiders were selling a few days before then. Canā€™t see any other reason why, as price has been at support levels consolidating for a long while.

1 Like

Yes the price is creeping up, shortliving pump, return, but it continues creeping with low volume, all it looks like further buying of XEMs from weak hands. Many depends on broad market situation as always butā€¦ looks promising for now.

3 Likes

so good news on the tests, then the launch of the symbol will be soon. Therefore, they buy.

3 Likes

https://www.tradingview.com/x/VkMn67Cb/

bounce and retrace, but with holding that pink line

Let us treat as a play for fun my Tarot reading. A card 8 of cups says the price will bounce up 8 cents from now (to 35cents) and retrace under 30cents/ or bounce to 80 cents/bounce 80cents higer (1.07$) to return under 30cents. More realistic is 35cents and retrace, however cup in my readings tends to show 10cents (and multiplication) instead of 1cent (this should show wands).

https://www.tradingview.com/x/d5gALCHy/

nice one reaction on line

https://www.tradingview.com/x/wRyOZzKa/

around 725 satoshi is intresting line from previus reactionn of market

2 Likes

:grinning: :grinning: :grinning:

https://www.tradingview.com/x/m3bBWMOb/

Market often corrects an impulse to the beginning of wave 5th in that impulse, sometimes makes it even beyond that level. XEMBTC is 95-99% of time inversly corelataed with BTCUSD moves (especially those sharply).

https://www.tradingview.com/x/PMiaUzqs/

around 25 cents is now intresting level to watch if will be tested by market

examples of that behaviour are everywhere:

https://www.tradingview.com/x/YZv5517Z/
https://www.tradingview.com/x/tkcNQacc/

26.36cent almost perfectly

5th waves are always FOMO waves, and 90% of ā€œinvestorsā€ tend to be catched in that feeling, that this train will go without them, and after that is pain and cry "why i bought that shitcoin "

intresting moves maybe market will not give opportunity for bulls to catch some cheaper XEMs before attack on higher levels and resistance @32cents

https://www.tradingview.com/x/gOkIiLs3/

price ā€œtrappedā€ in triangle:

https://www.tradingview.com/x/qOlQy2aX/

support @757satoshi under pressure of BTCUSD growth

https://www.tradingview.com/x/KnzqWkgF/

XEM always looks to be late and last for party, thatā€™s bad tradition, but lack of marketing is behind this behaviour since years.

https://www.tradingview.com/x/WAd2uHWl/

some sign of ā€œattackā€ but this volume always too low for confidence

2 Likes

https://www.tradingview.com/x/WAd2uHWl/

this is party that XEM should join in :smiley:

if some pump will occur i bet it will be between 0:00-3:00 GMT, but in which day? huh

1 Like

https://www.tradingview.com/x/Gm3rhI92/

attack on that triangle was false (low volume to be reliable) and growing BTC, ETH and we have still corrective moves

I must admit XEM is annoying to analyse technical, no price menthor (no marketing price/value of project targeted, only technology orientation), low/false volumes, shortliving price spikes (in hours not in days), not respecting price formations and waves rules (or complicating this waves more than possible), overreacting Bitcoins upmoves, but there should come time of change, maybe only for few days of pump.

https://www.tradingview.com/x/8FzX3ZM1/

In normal markets candlestick formation (engulfing and candle with long shadow like ā€œinverted hammerā€ in supporting price level) this should be a bottom of this downwave. But is XEMBTC market normal? We will see in the comming hours.

2 Likes

And now i must return to my reading from card 8 of cups and inverted Wunjo rune for February. Maybe i shouldnā€™t interpret 8 of cups so optimistic. My question was how much will grow XEM, but the energy of this 8 of cups is not so optimistic. Maybe that was sign of some trap and it corresponds naturaly with energy of inverted Wunjo for February. I always say, XEM is for midterm or longterm holders (was for longterm one year ago) not for shortterm speculators, even my chart analysis in case of small intraday timeframes cannot give the answer if it wil grow, or how much and when. In tricky circumstances like this i can say for shortterm players stay aside this coin. Midterm investors, snapshot orientated (to have XYMs) should however not react on that moves of market. HODL is the best approach, nervous players will buy at bounce and sell when it sink, with huge loss.

Only one factor can cause pump here. Lowering quantity of available XEMs in markets (large bagholders and players opting-in for XYMs). In this case snapshot date must be known, to properly ignite this mechanism.

For March energies looks much brighter than now (rune Ansuz).

2 Likes

This is how things work, when coin has good marketing and awerness:

https://www.tradingview.com/x/81vXliBG/

Market is trying to do 1:1 wxy but i dont think so if this can succed without some good news or ā€œpumpers activtyā€:

https://www.tradingview.com/x/1F0Q4rAp/

bigger perspective:

https://www.tradingview.com/x/0S4VNGHt/

i have recalculated more conservative last waves, but this volatile market can smash that in the moment :smiley:

Rune Wunjo reverted one more time for February can mean for the price action, that monthly candle will be in the shape of that rune (long shadow up, with body of candle and close much lower than highest price of shadow).

The trap signified by this rune can be unexpected (or expected by few) pump, very shortliving.

I can imagine that situation as very unconvenient for those people, who buy that FOMO, maybe thatā€™s the reason why energies for this month are showed by reverted Wunjo and Eight of Cups. As You can see interpretation of Runes and Tarot is not so easy. I know that it should be one direction, growth or not, but circumstances of crypto high volatility and pump&dump shortliving schemes (or bottlenecks in available volume) makes it very uncomfortable for mediums and prophets.

If i will see trap on the charts (skyrocketing, especially after news) i will sell probably half of my XEMs (sell the news approach), half will stay on wallet to get XYMs. If i will see no growth (or limited to 30cents+ area) now and in March i will wait with whole my stack to snapshot. There is no reason to give XEMs so cheap to the others before snapshot.

2 Likes

https://www.tradingview.com/x/NK9HBD2C/

For now y wave make 0.9 of wave w, little to small to be 1:1 and the market has still place to do that (especially in case of sharply move @BTCUSD). 1:1 is not ā€œmust doā€, but it will be nice if will do so.

https://www.tradingview.com/x/aOvTndaZ/

waving like that still shows that market forces are undecided if the price should go below 560satoshi or make braver wave in direction to 1000-1500satoshi

https://www.tradingview.com/x/72swKgbm/

Bigger picture says that 1000-1500 satoshi should be no problem in case of ā€œbottleneckā€ in case of nearing snapshot date or in case of clear announcment in that matter.

My question to the Tarot was simple. Will XEMBTC grow to at least 1500satoshi in February. The answer is High Priestess. Her value of 2 in my feelings can mean doubling the current price (in XEMBTC, does not mean that price will not be temporary lower than 730satoshi) so it is possible to do by market. Dark side of that answer is that it will be shortliving, overnight (for Europe where i am) pump.

2 Likes

when snapshot

Moved nearer to the midst of March, announcement should be around midst of February. That is not knowledge from the team of course. All it looks like it will be around the new, spectacular ATH of BTCUSD. BTC in this upmove can do max 140.000 (accordingly to rules of EWT) can be lower but i think 100.000 is this number, we should see. In ETHUSD technical max is around 9000, can be lower.

https://www.tradingview.com/x/hHPBD1ql/

1:1 without divergence? i dont think so, and with so BTCUSD bias. XEMBTC should do divergence on daily too, the line of price/indicators divergence is 676 satoshi.

https://www.tradingview.com/x/0nVI7LXO/

XEMUSD, without fuel to pump makes another one leg down

https://www.tradingview.com/x/8LPfwJRJ/

W:Y ratio 1:1 and W:Z ratio now 0.618:1

2 Likes

Little intraday divergence now:

https://www.tradingview.com/x/DHklEPHW/

But daily chart is other story.

BTC is in nevralgic moment:

https://www.tradingview.com/x/CSbzfdkg/

can be wxy (or abc) if not pass significantly 42000

and for XEMBTC now:

https://www.tradingview.com/x/b7dERos1/

could it be true moment for significant dip? very hard to say

2 Likes