This is how i count waves for XEMUSD in logarithmic chart.
Uwaga
And from the latest ATH gave us 0,5 Fibo (for this moment when i write of course)I have drawed this chart possibilities of price behaviour in next months. That's not prediction, only personal vision or scenario.
Uwaga
And now if You want be an investor, not only speculator what is my advice. How to accumulate XEMs wise?When You see retrace of Bitcoin near to 3000 buy XEMs in 16-17 cents area (or 12-13cents), with managing Your capital. Not "all in" but 30-50% percent of whole money that You want invest. If the price will go lower, even without bounce, to let's say 7-9cents area (75-78,2 levels of retrace are there) You should buy for another part of Your money for this investition (40 or 50% You should choose), and when You see bounce to level when You have bought last one (12-13 or 16-17 cents) You close immediately that trade, and You left with XEMs from 7-9cents level. You should do the same if XEMs after bounce will go lower to around 4cents (88,6 Fibo retrace from ATH). And if XEM produce finally another one great bullish wave after this sliding, You will have nice ride "tu da mun":)
Uwaga
If my waves counting is false you should see in this or next two months massive pump on XEM. This will be possible if level 16-17 will hold and Bitcoin give the fuel to growth, creating his wave from 3000 up to around 6000, 7500 or 10000. I always must know that there's some possibility that i can be mistaken of course;)Uwaga
And remember, market, especially cryptomarket isn't Pharmacy. That mean dont youeven think that levels that are drawed are precise points of bounces. Bounce in immature and in low liquidity markets are always from "area" not from exact point in the chart.Wyłączenie odpowiedzialności
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.