NEM (XEM) Price Charts

ETHBTC made minimum required by EWT (0.2 retrace of whole drop as ABC or WXY)

https://www.tradingview.com/x/ymXhw9Th/

So is the question “when”? not “is it even possible”? in case of XEMBTC.

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

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

triangle:D

https://www.tradingview.com/x/MU2PWLpZ/

i hate triangles because market can make plenty triangles and not respect them often, but it is to obserwe purposes only, not for playing…

edit/
https://www.tradingview.com/x/BtZD54p6/

and failed…

edit2/

https://www.tradingview.com/x/O3WauVWG/

bearish greater and smaller triangles

but Ethereum:

https://www.tradingview.com/x/N0kjGxsT/

bullish triangles

edit3//

and failed :smiley: so are triangles

https://www.tradingview.com/x/3lxx6EL5/

https://www.tradingview.com/x/BHjQO4E4/

and now this huge triangle, will it fails? i say one more time - triangles are not for play, only for watching if trend works or stops work!

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

sometimes wave 5th is truncated, but is this that case? Very hard to estimate. if TMCexBTC capitalization were now 770bln I would say definitely yes. For shortterm speculators maybe that makes diffrence. I await however more bullishness in March and strong correction (small bubble bursting) sowhere in second half of March and in April, so it does not matter for me:D

For XEMUSD better scenario is TMCexBTC to make this f…in 770bln asap (XEM should do in this circumstances minimum 1$), 2 or 3 weeks correction after that and wave up ending wave 3rd of highest tier in this bubble/mania (and XEMUSD making 2$), after that 4-6weeks of correction of that 3rd wave, and final 5th wave of cryptomiania somwhere in May, June, July…

https://www.tradingview.com/x/uuCmrr9h/

sooo the above formation needs to be activated, fulfiled and voila :smiley:

https://www.tradingview.com/x/Sdnp7HmK/

XEMUSD has his own inverted Head and Shoulders formation. Not yet activated nor fulfiled.

https://www.tradingview.com/x/RmqnzgW5/

Setup from my portfolio, i hold bag of LISK to 120$, but 0.5% of capital can do about 150% if that move will be fast and fulfiled.

I wish to hold XEM to 8-10$ but You know, its impossible, many says :slight_smile:

Majority often is wrong, thats the reason why democracy is so… unable :wink:

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my friends have over 2,000,000 xem and are waiting symbol to invest more so not impossible

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I am joking about “impossiblity” since 2017 :smiley:

ok maybe for XEM is impossible, maybe… for XYM i would be not so sure in place of “naysayers”

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I have found some problem with waves counting for Ethereum and TMCexBTC i will try to describe this precisely soon, but main clue is that 2000 @ETHUSD and 770bln in TMCexBTC is not so hard limit before greater correction. Good for bulls and for skyrocketing in March :smiley:

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After Tesla, Apple (Rumor), Mastercard, Paypal, Uber, General Motors seems to want to invest in bitcoin.
Calm before a new wave of increases?
I think this month of February-March is going to be full of surprises.

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Bitcoin pumps little by little, that surpress XEMBTC, but not for long (Asia buyers can change that), Bitcoin will gain some level where will be corrected. That should be good moment to attack this 40+cents and go to 1$ at last, but will not do 3000sat in one wave (when BTC will be somwhere in 70-80.000 - 0.00003x70000 is 2.1$ to high for one upmove for me, but not impossible for two big waves one by one)

https://www.tradingview.com/x/KjtGj4Tc/

Bitcoin has even more room up to 144000 from EWT rules, in such counting (may be other approach, depends on further forming of waves) of this last upwave before big correction (in March/April) inner waves are 1st and 3rd 1:1.6 (circa) so 5th wave in 5th can become overextended also up to 144000 (max possible 6x wave 3rd for wave 5th), the same number is max possible for wave 3rd of highest tier (wave 1st of this highest tier was around 20000, start of wave 3rd was @4000, max length for wave 3rd is 7x wave 1st).

The same is for ETH, TMCexBTC (strongly correlated with ETH), for ETH max length of wave 3rd of highest tier is around 10000$ (sic!) - there is no guarantee that ETH will do that its only max possible theoretically, if market will give fuel to build that kind of wave.

For TMCexBTC the same max possible is at 3350bln$. When You see that number somwhere in March You will be sure that deep correction (minimum 20% to 60%) is near.

and XEM…

https://www.tradingview.com/x/7P1KDvpH/

please attack this triangle not falsely :slight_smile:

along with the broad market:

https://www.tradingview.com/x/MM1Gga3A/

failure to do so will do this counting more realistic but also not bad:

https://www.tradingview.com/x/Gy9Ossew/

https://www.tradingview.com/x/feRO5YKu/

XEM should go the same path as broad market, with newses even better. Dont affraid intraday dumps, they are now only fore retaking XEMs from “weak hands”, dont sell XEMs at any price below 1$, there was too much wating and risk behind it to do so now with little or no gain or even with loss. Patience!

4 Likes

https://www.tradingview.com/x/kcW0l3UF/

wide market very undecided where to go

https://www.tradingview.com/x/W5VFIu0B/

https://www.tradingview.com/x/6Hrn84My/

edit/

https://www.tradingview.com/x/cRVW1ofl/

creeping trough this triangle and confirmation line…

everytime when XEMUSD has intresting move BTC starts his skyrocketing

https://www.tradingview.com/x/J83KCoB3/
https://www.tradingview.com/x/0GVjURx9/

its really annoing, but unfortunately normal

1 Like

https://www.tradingview.com/x/ehHxlmp4/

for wide market growing Bitcoin is not the problem

https://www.tradingview.com/x/21SNb4m7/

it seems XEM waits only for Asian players, players with courage and cojones

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

that red line, how many more times?

1 Like

The technical limit is 0.44 then it should go over 0.90.
If 0.95 is exceeded then why not $ 2 or more.
The psychological limit is NGL stress test and the day of the snapshot and symbol launch.
If the 2 factors are met then we will not go to the moon, but we will go to Mars or to The constellation of Orion.

5 Likes

True, NGL stress test and its outcomes are main limiter (besides technicals) for greater price explosion, on the second hand, The Team asked the question to the community when snapshot should be done, so i assume they are quite sure that Symbol blockchain can be started really fast.

3 Likes

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

setup (not for play only for watching if will fulfil)

XEMUSD has around 50cents to do and fulfil triangle (as its height and from price of activation)

edit//

https://www.tradingview.com/x/8b8KfAI8/

small triangle but to Asian session is many hours

2 Likes

https://www.tradingview.com/x/Cv2r17AL/

triangle similar to that

https://www.tradingview.com/x/8b8KfAI8/

Positive outcomes of stress test and pump :smiley:

https://www.tradingview.com/x/2tpNQ6dP/

and logarithmic chart:

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

1 Like

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

market always reacts to this 1:1 ratios, now rectangle test (after impulse)

https://www.tradingview.com/x/x9Be54EP/

now with 1:1 looks like zigzag ABC, but needs to be confirmed by breaking the blue line and rectangle from 1min chart

i hope that will be not that structure, only more bullish

https://www.tradingview.com/x/1l6dfSzb/

always this formations an robots probably

90cents (as 1500sat x let’s say 60000$ for BTC) should be solid resistance level for any upmove, not now, 49cents is no hard resistance level, only profit realisations level from greater triangle showed by me in previous posts.

https://www.tradingview.com/x/2thIhHTH/

Bitcoin moves higher, sooo hunt should be around the blue line…

1 Like

One more wave to do before next “profit realisation” by impatient or robots…

https://www.tradingview.com/x/BtU9Ctky/

valid until 42-44cents holds…

https://www.tradingview.com/x/QFNbfu8X/

this XEMBTC triangle should be realised to around 1000sat (1000sat x 50000$+ @BTC)

https://www.tradingview.com/x/xHEwckN4/

if this is really wave 4th it should last no more than to 11.40 GMT (max 2x time of wave 3rd, so say Elliots principles)

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

Time is ending, now market must choose, was it ABC or only correction of inner wave.

//edit and that structure is not definitely correction of wave 3rd, may now only be correction of wave 1st or other complicated pattern, time will tell…

https://www.tradingview.com/x/25ljdwTB/

until XEM is above 42-44 i prefer bullish counting

my wish is:

https://www.tradingview.com/x/5wGs4CQL/

and biggest wish

https://www.tradingview.com/x/WrY4l5x7/

:smiley:

market has plenty possibilities to make this come true.

4 Likes

Until above 44cents market has now time to correct this impulse to 49cents (from around 41/42) to 20.02.2021 (2:00 GMT), but it is max possible time, can be shorter of course (2nd wave as correction can last max 9x time taken by wave 1st)

https://www.tradingview.com/x/gXeQ0eaA/

But the market can choose more complicated pattern:

https://www.tradingview.com/x/m7mR8Uft/

I hope it will not do that way.

Asia players go to sleep, and with growing BTC and retracing XEMBTC there are some chances for testing 44-45. Not guaranteed of course.

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

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

This is weak side of XEM, only Asia orientation, while the whole market is growing (Binancecoin shows the way that XEM should go now, if Lon Wong idea was realised - own exchange, but unfortunately it was neglected and now only snapshot speculation propells growth)

Maybe XYM should have own exchange? In Japan? Especially with stablecoins like JPY, USD, EUR on chain of Symbol :smiley:

https://www.tradingview.com/x/fI7ZQYWx/

do You see similaritiy to XEMUSD chart? Funny, but normal.

https://www.tradingview.com/x/wLKjd27l/

Trend is strong, trend is clear, japanese technique of Ichimoku (by Hosoda) shows it with no doubt.

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

https://www.tradingview.com/x/nXB85IhE/

Bitcoin is going berserk.

And this is what i wrote earlier:

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

Without Asia XEMBTC does not exist.

But the move of BTC is so strong that:

https://www.tradingview.com/x/XTNQ115T/

XEMUSD builds further his correction, to the time of Asian wake up.

https://www.tradingview.com/x/KIueVj0A/

This 1:1 ratio is annoying like always, looks to be crucial, technical resisttance (after double top forming on that level) for further growth.

https://www.tradingview.com/x/GxWiNPH4/

No Asia no gains, berserking BTC = XEMBTC going down - nothing new under the sun.

https://www.tradingview.com/x/vUxlnt8W/

XEMUSD is not that bad, but this correction should end when Asia will wake up.

2 Likes

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

reaction looks pretty, on that line

2 Likes