NEM (XEM) Price Charts

28c seems be resistance level for quite a while, has been tested many times. I think if it can break 28c, then break 30c and make 30c support level then price will improve.

Similar movements in price at this level were seen in early December 2017 before breaking through and spiking to $1 on Christmas day 2017. Then spiking further to $2+ in early January 2018.

There is now real threat, that if BTC will not pass 41000 with spectacular upwave and will drop nearer 30000, XEMUSD will drop even below 20cents - temporary. Before wechat pump in December 2017 XEM was dropped even temporary to 10cents while Bitcoin made his ATH (see 8th december 2017 on Poloniex recalculated chart from XEMBTC to XEMUSD). Without news, or big players buying there is no fuel for growth.

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It will not drop below 20c if btc goes to 30k. Alts will just do better if btc drops just looks at alt dominance since btc topped at 42k and look at total alt market cap excluding btc. Makes mo semce what are you talking about.

not always, 90% of time i agree, but in case of some flash move situation can be diffrent

but that is only theoretical threat and i not say it can drop and stay below 20cents, it can be only flash crash by impatient inverstor/speculator or inverstors/speculators

You say “make no sense”, do You saw 21/22 January dips @BTCUSD and XEMUSD? Bitcoin made around 30000 and XEM little under 20cents intraday. This drops below 20cents are caused by impatient, frustrated by no growth people.

https://www.tradingview.com/x/gQBUi2gj/

and now we have in BTCUSD almost 1:1 ratio of two impulsive (12345) waves, sometimes it generates flash crashes

Do You think if BTCUSD will drop sharply, investors will buy during that downmove XEMs? Without any significant infos about snapshot? With some bullish info it is other story, all is possible. Wechat info was this kind of story but before that info some impatient people chosen to have BTC @15000 than XEM for 20cents. So is the cryptomarket. All is possible, gamboni play.

https://www.tradingview.com/x/XJFj4VBd/

drop in case of Totalmarketcap without BTC is also theoretical for now

https://www.tradingview.com/x/dkZpe1X2/

this tripple high is scary, unless will be broken by bulls, totalmarketcap without BTC is unfortunately mainly drived now by Ethereum move

its pity that XEM is not yet in this move

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At least once try to stick to one direction, why even trying to prediction (this isnt predictions anyway yeah) analyze (also isnt one as well) if you always just use can, maybe and etc. hey xem can go up but could go down. Its like why even write anything if thats your conclusion always,

Yes i think btc price of xem will go up if btc go to 30k and if btc will go down there will be no one day dump like you looks like imagining. so yeah xem like other alts will outperfoem btc on down moves.

You should zoom out when im telling about dominance and total market cap without btc that is what i mean.

https://www.tradingview.com/x/kiS3ioqU/

This chart is basically what was btc and eth before ath breakout. You dont need a giga brain to understand what will happen next

https://www.tradingview.com/x/9Xf9hqcL/ this is lower timeframe no compare it with btc chart while btc was doing lower lows on the chart all the time alt/usd = totalmarketcap wxcluding btc is making higher lows and even higher highs all the time since btc topped at 42k. ALTS > BTC while btc range or etc.

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

Alts up big against btc and usd in january its just XEM is underperfoming like almost everything becouse its about delays since years and it will not move till there is snapshot, but even XEM is weak it will outperfom btc on a down move.

Even it looks like total marketcap is driven by eth it is but thats always how real alts fun starts its from eth. And try to open every coin on binance its up about 2x-3x atleast on btc pair since btc topped also breaking out from long term down moves literally every coin is same.

I just hope the devs are understing this and the endless delays are going to stop soon.

This is how analyze work you have some fact and you have a diraction you think they mean and without maybe it will drop then up, or up then down. Better say one thing and make conclusions from it if it was a mistake and learn from it. Thats of course if you are a trader. if you investor forget about trying to predict some moves on 15min charts or using some tap root cards lmao.

And stop mention all the time 2017 wake up time is different and the market is as well.

There is one direction Tolya, You don understand what is longterm and midterm and what is intraday, should i always write that straightforward?

Something from the past time of my playing in crypto and in forex:

https://www.tradingview.com/x/rgnKsk8F/

When i saw pattern like this i tried to catch position @17.4 (in this example red line)

Where was my take profit in entry like this?

https://www.tradingview.com/x/hYJeR3j8/

at 45cents :smiley:

other case:

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

entry @23

https://www.tradingview.com/x/9VMt6t9R/

exit @ 28

Do it work all the time? No, should be used with knowledge, and with confidence to the main trend.

What is your point in writing up everyday something like “maybe xem will go down”? Just scroll up what you posting

Im not trying to compare myself with you so you dont need to show your trades from past from forex and crypto lol

You must not read it, end of discussion.

Ask your cards if i did it kek

Can you please leave already this forum?

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What are You writing, XEM is skyrocketing, Bitcoin, Ethereum all this are shitcoins, only XEM has superior technology, XYM will be so superior, that should be quoted at start @10 lollars.

Do You think that You are so smart, that You cause here dump in Your pocket? Almighty NEM Team will slap Your mind to the ground!

Tu daaaaa Muuuuuun!

And now serious. Here with few people writing, there is no chance to cause dump. Trust me, not good place for that at all. Only market makers can achieve that.

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https://www.tradingview.com/x/zNro4O2v/

who have balls to play with that? 13% if succed :slight_smile:

1% of my Bitcoins goes for that play, no stop loss - if not succed i will have more XEMs i bag.

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

no risk, no fun :smiley:

previous setup was succesful in trend the next one should be too

https://www.tradingview.com/x/u6lNFmkp/

in other case there is no trend

https://www.tradingview.com/x/g47XrxVM/

in case of XLM i am now more greedy (1.618 ratio)

Longterm/Midterm summarization.

From EWT guidelines:

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

If wave 1st and 3rd are related by ratio under 1.618, wave 5th will be likely overextended (means much longer than 1.618 ratio, for crypto 3.618/4.618 is nothing strange)

and my wishful thinking before snapshot:

https://www.tradingview.com/x/Z2JcSO1H/

only wishful thinking, not prediction, but in ground of that, what is possible accordingly to the rules of Elliot Wave Theory and time, that reamains to the snapshot.

Other minimalistic scenario is:

https://www.tradingview.com/x/1ITDQal2/

44cents, but i dont want it! XEM regardless NEM Team policy, deserves better attention before snapshot, regardless available volumes and all technical and not technical paradigmates.

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I think back in 2017 there was a lot of profit in pockets of traders from BTC forks, Alts, BTC selling. When BTC price went down after Dec 17 '17, Alts went really high, then dump.

Usually when BTC drops Alts go higher as money is moved from one coin to another. In case of NEM I think traders get impatient due to lack of movement, they sell, then jump on some other coin that is pumping.

If a NEM rally does occur then traders jump on the rally. A catalyst is needed like some positive news.

In case of BTC I think if it can prolong support at 38k, I see it going to another high in the 40ks within the next two weeks if not sooner.

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https://www.tradingview.com/x/4iS5vDB1/

https://www.tradingview.com/x/i3CQsC5t/

Yep this 37-38000 area is logical point where some renewed upwaving may occur (end of 4th wave and beginning of the 5th is always crucial), after breaking this support BTC will be probably more bearish (not 100% for that) for a while, but i dont think it can last long, week or two. There should be the moment, where BTC and alts go together (not precisely), with little slippage in time (Bitcoin and Ethereum shows direction, other alts should mirror that move few days/weeks later) and parabolic nature. This is bubble building. Bubble will burst of course, and Bitcoin and Ethereum should burst first. First little burst in March, second and ending in June, that is my vision.

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it must be insiders buying now

just kidding, it is almighty market, and demand vs selling pressure play

sold
https://www.tradingview.com/x/zNro4O2v/

https://www.tradingview.com/x/ol1OInVo/

and waiting for renewal little above 768 satoshi

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I have a feeling it could be insiders buying now, expect good news coming within the next few days. I’ve seen this pattern twice now on downs and ups before bad news released unexpected selling, and before good news unexpected buying. I could be wrong, but let’s see if good news is released sometime this week. :wink:

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:smiley:
https://www.tradingview.com/x/4F1bFI12/

pattern works perfectly

shame that my order of rebuy @770 was untouched but cant have everything, that was good night

I hope that is only beginning

Now waiting for that pattern to make. Must not be made if price will become more parabolic. Observe.

https://www.tradingview.com/x/nG4DsMRt/

it correlate with patter on daily chart

https://www.tradingview.com/x/4eNw99nc/

if i count this properly (which is always pain in the ass in case of such market)

https://www.tradingview.com/x/jtZB5N7n/

one more wave up is expected, and this 29/30cents return is less realistic, but this is like forex sometimes (not always) so let’s observe.

And that tricky Tarot. Few days ago i asked when will be top of move indicated by 8 of cups (8 or 80 cents up from around 27/28cents) and answer was Knight of Wands - so three days (now is third and we had this 35/36cents) or twelve days (17.02) - this double possibilities always killing me and my interpretations :smiley: The same was when i asked for dip in the day 20.01 answer was 2 of wand and dip occured in second day after question, but i wasn’t sure if this two wands not mean two weeks. Life is never easy. After that there will be always some “You know nothing Jon Snow” and will attack You that Tarot is bullshit :rotfl:

And by the way i am confused that this time “they” made a pump without intraday dump (even to 25 cents with shortlived flash). Maybe “they” had not so power to act like this, because this correction from 32cents top lasted too long and was too volatile even for “theirs” robots.

https://www.tradingview.com/x/j2cKchv8/

now triaditionally they should test the beginning of 5th wave of lowest tier. This will be scary if they break 29/30c as the waves counting in that case should to be recalculated. But maybe i am thinking too much now.

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https://www.tradingview.com/x/ZwtMF9Zc/

770 satoshi looks worth to try catch if the market will be so kind…

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

it looks preety 1:1 ratios combined with 61.8 Fibo are always prefered by me to play with…

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

half planned taken now @ 32 with target 40 (0.5% of capital to minimize risk)

moved waiting order to 785satoshi for 1% of my BTC

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XEMBTC is like GBPUSD called by some players “the cable” :smiley:

Okay taken from hand @815sat and rest @32, tp for XEMUSD moved to 44cents (only in mind) and for XEMBTC 1050sat (on exchange), other than that (so if this buy will not succed with fulfilment) will go that buy to my purse and will wait for other waving time.

If they dump below 29/30 cents not in flash move, this entry will be obviously “fooked”, but no risk no fun.

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