It's of course my opinion, and few other peoples of course, that XEM and blockchain named NEM is best developed blockchain on the cryptoscene, and it's advandages are not yet fully discovered by the rest of the world. I may be wrong, i'am not a prophet, but this is plan how to accumulate this cryptoccurrency, on which levels. Percentage of accumulation in any stages i left to Your decision, if You are willing to invest. Of course this plan will be invalidated, if XEM start build his wave up from now on.
Uwaga
Why i estimate level around 20cents worth to catch?Because concentration of Fibo levels on this level is attractive to me, specially possible ABC correction with 1 to 1 waves.
Uwaga
Besides above chart we have first signal of divergence on 2H chart, but waves analysis give me confidence that after bounce from around 21 cents, market will retest this bottom, and produce wave down to the first blue rectangle, where this divergence should occur on MACD or RSI or both combined.Uwaga
Of course market can extend wave down to 15cents, but in this level divergences should be even more attractive, and bounce from there should be of course significant in terms of percentage.Uwaga
So if i will see Bitcoin dropping down to around 3600 i will be almost sure that i see XEMs price around 20cents, if Bitcoin falls down to 3000USD i will probably see XEMs in 15cents area.Uwaga
What other people write about XEM/NEM?Here is an example:
forum.nem.io/t/the-big-flood-of-cryptos-and-the-rise-of-nem/7907
Uwaga
Pending orders removed, as the waves on XEM are for me unclear. I will try to catch manually if indicators tell me so.Uwaga
All i need now is bounce to 21,5cents, and drop to 19,5cents or lower to take from shaking hands my XEMies that i gave away @ 25,5cents:)Uwaga
Situation of BTCUSD (flash crash for me) worsens so i decide to observe XEMs waves moves but as i wrote i will wait for better promotion price. I still think XEM can replace Bitcoin in the future. But with market acting like this, i can probably easily wait for drop in range few to 15 cents.Uwaga
rebuyed my 25000XEMs @ around 17cents, but it is possible that it will drop to 12cents with another spike.Uwaga
rest of rebuyed XEMs as my earnings from quantity (11000) were sold @ 6900sat (around 24cents). 25000 i will hold in my main stack, and use them for further speculative moves, dumps, and spikes.Uwaga
area 18-20cents gave mi some bounce (in closed bars that area worked well, but dump have reached 16cents), but after all price action in BTCUSD i used not this area for accumulation of XEMs, and the same will be with 12-15cents area.Uwaga
Now for me the only one area for accumulation is few (1,2,3?) to 10cents area. Time and price action will tell;)
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