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XEM NEM - Impulse wave
Take it for a ride. Honestly I have no clear ideas & opinion about the insights of Nem.
Here, the idea, is just the repetition of the wave. The crosslines point in the support + the rendez-vous and the overall trend line make me confident.
The drawing part is just a cliché.
By following Fib lines, we can expect at least 12000 as a target, but we need more data to know the real potential . x2 is an option.
Focus on settings, timing & variables is needed here because we want to surf on a period of a wave then get out before the scum bath.
I will update.
Ideas & corrections are welcome.
Cheers
Here, the idea, is just the repetition of the wave. The crosslines point in the support + the rendez-vous and the overall trend line make me confident.
The drawing part is just a cliché.
By following Fib lines, we can expect at least 12000 as a target, but we need more data to know the real potential . x2 is an option.
Focus on settings, timing & variables is needed here because we want to surf on a period of a wave then get out before the scum bath.
I will update.
Ideas & corrections are welcome.
Cheers
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It's going onЗаметка
1H chart.These samples show the rejections of the price during the period where the overall market was in a bearish trend. Nem remained quiet powerfull, good news for the upcoming growth.
Pattern evolves slowly but surely... It may suddenly go up, because of accumulation + oversold.. Now we need the big green candle saying "hello everybody" then we're on the move
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Again, XEM still standing in a bearish market period. He's just touching the support .That does not means It's a winner, but it shows strongness.
There are no weak hands here , majority are holders. So you know what we may expect.
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Below support line. CarefuLЗаметка
Close to the edge, should mind the gapСделка активна
We're at the major support now. The impulse wave idea has failed.I'm still believing in NEM, however the period is particularly dependant on Bitcoin pattern & I'm not qualified to provide any meaningful commentary on this issue.
So, I sold half of my Nem few days ago in order to grab more at the end of the week depending of the situation.
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.