Symbol (XYM) Price Charts

Bitcoin broke the downtrend resistance on the 4 hour chart, thanks to El Salvador! :rocket:

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Now waiting for bullish confirmation of that combined formations.

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What about the death cross? Are you concerned about it?

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death cross was always bullshit, there is only one thing - the will of the whales, if they will to pump the market - they will pump :wink:

They must beware China and stocks imminent crash in this year, but this is probably distant future - three/four months from now.

I was wrong in my expectation that bubble is over in May, only the market has right at the and of the day. Defending of 31k in case of BTC was a sign for me that my midterm expectations are wrong (maybe was proper, but FED can ruin every speculations plan since 2008). Maybe longterm are proper, because i dont expect this bubble to last more than to August/September.

To build last upwave of this bubble BTC must do much more spectacular wave than repeating 65k mark. 120-150k that is more convenient area for top. Maybe somwhere there BTC will do double top from my dream with “river ship” in March.

And i must carefully do interpretations of Nazar Tarot Ibraimov. If he says that May is good for crypto it means “seek to sell on top or after some correction of drop from there”, if he says “bad time for altcoins in June” it means seek the dip to buy (like i have done in case of MATIC and even BTC).

The real problem with any seer is that they are not technical specialist, they can only describe with own words their impressions, for example impression for June and altcoins was so clear for Nazar that many players (90% or more) sold of near dip and that will be correct impression described as “bad time”, but without knowing what will be further in future (in July, August and September) it can lead to making mistakes and losing speculative advantage.

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someone is buying, someone is selling, no trend territory

little chance that i will see drop to 0.11 from this formation (logarithmic) but pending orders always must be there just in case. Some huge impatient investor with a bunch of XYMs can do this flash drop in circumstances of such low liquidity.

In fact i have now few orders in range 0.08 to 0.14, for me the deeper flash drop the better.

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Sold this 50k XYMs taken near 0.18 with no loss, BTC and ETH signall some retrace, maybe dumper will give me opportunity to retake lower.

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Yeah the death cross is coming into effect

Not yet confirmed

still in dull territory

now i regret not selling BTC at 41k (taken at 35k), now they will probably test this 35k mark ;/

but XYM is other story, story of ice

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I think in this bearish market we will finally buy XYM for $0.1!

XYM is getting closer to my buy target of $0.1!

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70k buyed at average 0.1425, after previously selling @ 0.18 (50k stack was sold as i wrote here)

I dont know if this is good decision, but now i have 170k and if the market will drop further i will try to seek opportunity to buy 330k with average 0.075 (near halving of previous all time low).

Halving of previous ATL of XYM price is possible in circumstances of break 30-31k combined with red line, but not yet confirmed that market will play this scenario.

looks like todays drop was fake :slight_smile:

so far, confirmation line worked like support in case of ETH

Our ugly duck, if price is feedback from market about NEMs marketing efforts, this feedback is reflection of total disaster so far.

I know i know, wide market impact. I will compare soon that impact with project like MATIC(Polygon).

Soo i must cut my exposition here to 100k of XYMs at currecnt prices (70k sold near 13cents)

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Am I finally gonna be able to buy XYM for $0.1 in this current dump?

Finally! I’m loading my stash with cheap XYM!

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I thought they will go to 0.07 if BTC will drop to 25k, but they does it quicker and little bit shorter (0.088) with BTC still defending 31k

still waiting for cheaper XYMs 400k in 0.07 proximity

and 500k for 0.03 just in case

My longterm goal is to have 1 mln XYMs, but not for 10 cents average price.

where are you trading this amount?
does it have enough liquidity?
does it require KYC/AML procedure to withdraw ?

i dont know if i will catch whole numbers, but it should be no problems with that if market is crashing, take into account that i will not set pending order only in one price level, i will do that only in chunks (for expample between 0.0675-0.0725 with step 0.0005)

and yes KYC is required, in Kucoin was fast and with no problems, Gate.io is not bad too, but KYC is also required.

I have account in Zaif but this scam i use very rare after action that we saw in March.

Market seems to realise further that “bullshit” death cross mentioned some time ago. Good for bying cheap coins, but bad for trend.

China is behind this, and what we gonna do.

It seems Kyc is not mandatory on Kucoin and
has limit to 5BTC daily withdraw which is large enough for any “small” trader.

Lucky you.

I have fucked up everything i could.
I’m on the wrong side now with bag of xem and xym.
Best move ever would have been selling all xem around 1600 satoshis or 0.7€
before xym relese and buying now.
But it is easy now to be a general after battle.
Fucking hope and greed fucked me 2nd time.
I have listened to some strange people on the internet
giving me hope with some waves charts speaking how xem could go from 1.5$ or 3$

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