New Economy Movement (XEM/USD) Target $0.425 (114% Profit Potential)....Elliott Waves + Chart Patterns Say Higher Highs!!
SUMMARY
Below is a chart of New Economy Movement (XEM). The chart pattern here shows fractals of bullish flags. A Twofer! The first fractal(white) shows uncanny similarity to Fractal #2 (blue). TWO consecutive bullish flags are impressive and I've almost never seen this!!
I've labeled the Elliott Waves and clearly a five wave impulse has taken place (white circled roman numerals). Then subsequent red a,b,c three wave retracement which looks almost done if not complete. The circled white waves 1,2,3,4,5 project price towards $0.425 and most likely HIGHER!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
hey,
why do you target USD not BTC price, while most of this coins have native BTC pairs? would be easier to read charts ;)
anyways good job!
Here is an update with XEM/BTC pair analysis. Please use only to augment your due diligence. Enjoy!
https://steemit.com/bitcoin/@haejin/new-economy-movement-xem-btc-target-0-000149-520-profit-potential-check-out-this-analysis
Your Majesty,
An honor!
I actuallly post /BTC pair chart analysis in most. I trade to USD on Bitfinex.
I'll post /BTC pair chart update on XEM.
...And he ROCKETS above 2000 followers!!! Woo-Hooooooo!!! Glad to be on-board Sir.
We few, we happy few, We band of brothers.
That scene from Anonymous movie gave me goosebumps. Now I'm pumped for 4000 followers and 100 reputation.
Anyone tried harvesting NEM? I harvested for months but only found 2 blocks and earned only a couple XEM.
I only harvest souls......and tomatoes. Souls & tomatoes. :)
Have you considered doing an ICO for that. You could split your harvest in 2 and make a ghostpaper for souls and ketchuppaper tomatoes.
You could also create some controlled opposition with a ghostbusters ICO.
https://comsa.io/ is a great platform to launch it.
HA! No I have not, but now that you mention it........
:)
Will you do one recent for Dash?
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Joy! The devs @ NEM are really dedicated, talented and passionate about the projects. The Pundix involvement in Indonesia is Huge and gain notice for NEM.
Much thanks for your kind attention
Sir...
Good evening, what in the world is happening to EOS. Correction? Correction to what? Last evening someone said we could go down to 1.39 on this website before going to your posted-goal.