NEM dead or not?

3 abr 2018

I booked nice profit at the previous bull run. But after I made mistake and caught SL.
Now I back to NEM, what can I say, nothing. But chart said me BUY!
Here bullish divergance RSI and MACD on 4H chart
NEM broke out 50MA, 20EMA crossed 50MA
Next resistance lvl 200MA ~3475satishi
Stop Loss I maitain under 50MA around 3150 satoshi lvl.
It risky option I use just 7% of my capital.
Here 4H MA chart:

3 abr 2018

Nota

Have a nice day and good profit!
Feel free to comment. It important for me!

8 abr 2018

Nota

NEM is trading in channel (BLUE lines). There are significant support line (RED line). NEM are close to support line, in my opinion better choise stand aside or find better option. More chance that NEM grow up (significant support).
Tight your SL under BLUE support line and RED line depend on term of trading.
I'll stay inside. I'll charge my mind if NEM brake down and sustain under RED line.
4H chart:

8 abr 2018

Nota

PINK line doubtful flag

12 abr 2018

Nota

Finnally, some move xD. NEM try sustain about 50MA, target RED line (~5900 satoshi) if NEM fail main support (actually red too:)). Looks like we will see bullish scenario, got good news from developers+at full market looks more bullish+realise of Catapul
Unexpected news: medium.com/pundix/first-nem-based-point-of-sale-terminal-reveals-5c6a31f66a2

1D chart:

12 abr 2018

Nota

17 abr 2018

Nota

It was nice run and time to calm down and reload.
1H chart:

18 abr 2018

Nota

Get ready next week must be hot. We have powerful overhead resistance around 4700-4800 satoshi as 200MA(1D chart) and 26EMA (1W chart)
1W chart:

1D chart:

20 abr 2018

Nota

I found bearish divergance on 4H:

If 1D MACD sustain below previous day, possible retrace. You can booked part of profit:

2 may 2018

Nota

NEM moved inside channel (green) or rectangle pattent past week:

Looks like it ready to action! MACD is bullish. In my opinion chart generally looks bullish BUT we have strong overhead resistance on 1W chart 26EMA (BLUE) and strong support 13EMA (PURPLE).
1W chart

I change my mind if price goes down 30EMA and maintain SL under it.
1D chart

PS: Dont miss Catapult release:
coinmarketcal.com/?form[date_range]=02/05/2018+-+01/09/2021&form[coin][]=NEM+(XEM)&form[sort_by]=&form[submit]=

2 may 2018

Nota

I'm sorry here 1W chart:

12 may 2018

Nota

Double top patten's target almost reached, so take a look on XEM, dont lose opportunity. Here 1D chart:

I buy each time as XEM going down. Catapult will send XEM to the moon, in my opinion.
Safety buy option after sustain about 50MA, SL under RED trendline

14 may 2018

Nota

Here 1W chart:

as you can see there're several support zone 13, 26, 52 EMA.
Yes, it safety buy after sustain about or now up to you wish.

14 may 2018

Nota

Support lines on 1W chart:

14 may 2018

Nota

I found news about partnership NEM with PolicyNetwork (insurence company), but I cannt find it on english.
High activity of project on Consensus conferance. Check twitter:
twitter.com/nemofficial

14 may 2018

Nota

Most important:
twitter.com/NEMofficial/status/995995532148592640

14 may 2018

Nota

Partnership with PolicyNetwork:
twitter.com/PolicyPalNET/status/995870221184331776

31 may 2018

Nota

Team and Developers make good job but this fact is not influence on price. I'll find answer (Delay release Catapult?)
One more symmetrical triangle on 4H chart:

Break out target = 3391 satoshi (min)
Break down target = 3064 satoshi (min)

31 may 2018

Nota

Otherwise, ascending triangle on 1D chart:

Breakout target = 3401 satoshi (min)

8 jun 2018

Nota

The chart marks the points of listing on huge exchanges (Binance, Bithumb). Sh*tcoins explode after listing but not NEM. NEM is not shtcoins and most undervalue token at present time.

Here is symmetrical triangle
1D chart:

13 jun 2018

Operación cerrada: precio stop alcanzado

2 jul 2018

Operación activa

NEM was preparing all these days.
1D chart:

MACD gistogram Bullish divergance, MACD line are crossed.
EMA (10) was broken out.
Zoom the chart
1D:

It rared TA signal that Bullish divergence on gistogramm.
Zoom one more time
1W chart:


These all good reversal signal, but you always should protect your money
Stop loss: 2145 satoshi
TP1: 3950 satoshi
TP2: 5900 satoshi

28 jul 2018

Nota

NEM decline inside my stop loss zone. I will wait untill close candle.

5 ago 2018

Operación activa

My stop loss was actived. Good lesson for me.
I will reopen position
1D chart:

RSI double bottom + breakout trend line
Tight stop loss near minimum