New Economy Movement (XEM/USD) Target $0.425 (114% Profit Potential)....Elliott Waves + Chart Patterns Say Higher Highs!!

in #bitcoin • 7 years ago (edited)

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
Follow me on Twitter for Real Time Alerts!!
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
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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.**

#money #cryptocurrency #blockchain #xem
7 years ago in #bitcoin by
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    • [-]
     7 years ago 

    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!

    $9.98
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    • - Author $7.48
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    1 vote
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    [-]
     7 years ago (edited)

    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.

    [-]
     7 years ago 

    Anyone tried harvesting NEM? I harvested for months but only found 2 blocks and earned only a couple XEM.

    [-]
     7 years ago 

    Will you do one recent for Dash?

    [-]
     7 years ago 

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    [-]
     7 years ago 

    @ering has voted on behalf of @minnowpond.
    If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

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    $0.00
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      [-]
       7 years ago 

      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...

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        [-]
         7 years ago (edited)

        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.

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