NEM XEMUSD - Road to 50 000 USD! Impulse Elliott Wave + Channel!
- This is my projection for a Millenium Imuplse Elliott Wave (Road to 50 000 USD!)
- If the market will follow a standard Impulse wave, we can imagine a structure something like this.
- 20 monthly moving average seems like a good moving support/resistance, can be definitely a good opportunity in the future to buy exactly at this point.
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - For more information, please check my signature below ↓
- Overall the the price is moving in the ascending parallel channel. The channel is still not confirmed, this is only a projection (as we need at least 2 touches at top of the channel.)
- For my wave's target, i use 1:1 Trend-Based FIB Extension.
- Is this coin a good long-term long compared to other alt coins? Well, this will take some extra research indeed!
- If you want to see more of these ideas, hit "Like" & "Follow"!
- If the market will follow a standard Impulse wave, we can imagine a structure something like this.
- 20 monthly moving average seems like a good moving support/resistance, can be definitely a good opportunity in the future to buy exactly at this point.
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - For more information, please check my signature below ↓
- Overall the the price is moving in the ascending parallel channel. The channel is still not confirmed, this is only a projection (as we need at least 2 touches at top of the channel.)
- For my wave's target, i use 1:1 Trend-Based FIB Extension.
- Is this coin a good long-term long compared to other alt coins? Well, this will take some extra research indeed!
- If you want to see more of these ideas, hit "Like" & "Follow"!
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Binance supports XYM airdrop for XEM hodlers:
www.binance.com/en/s...41568920157a700ed266
XEM is still very bullish! Weekly Uptrend just started. Great buying opportunity.
www.binance.com/en/s...41568920157a700ed266
XEM is still very bullish! Weekly Uptrend just started. Great buying opportunity.
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XYM cryptocurrency started with an impulse wave to the upside, which indicates us high buying interest at the start.
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I do not want to look like i am a fan of XEM or XYM. It's just a technical analysis, i am not holding XEM or XYM long term.
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Only Bitcoin (BTC) is a store of value and digital gold. Nothing else. Others coins like ethereum, cardano, eos and others are just a good ponzi to make some profits. But try to dig your Ethereum into the earth and after 100 years it will be worth Zero.
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It is really important to keep that in mind, that only BTC can survive thousands of years.
symbolplatform.com/xym/