Quote from: newfagelite on October 06, 2017, 06:36:50 PM

Quote from: ormin79 on October 06, 2017, 01:18:37 PM

There's no divergence @ RSI CCI and MACD and even RSI, so i think it's not a bottom. Of course market can do what he want, and without divergences, but for me divergence is crucial to say with more confidence, that we have a bottom.

As you draw it, there is a big support at ~ 4700, if we break this one (especially with all the event this month), it will be pretty scary. That's why i called it a dip, there is no reason to go under

No support guarantees nothing , combined with thin volume (and buywall) of XEM. There is always a reason to go lower, panic sellers, whales manipulation, speeches of persons like CEO from JP Morgan Grin

, and many others. And now 4500sat touched by the spike down. But technically so called support @ around 4800sat holds for now. Personally i want this spikes down, as i want to buy XEMs cheaper, that's simple;) And i accumulate fast always when there is blood on charts, trying to avoid buying in bullrun when the FOMO action occurs. In bullrun - like it's was in May - i will seek opportunity to sell as high as possible. Looking historically @ NEM autumn is the best time for accumulation of cheap XEMs, and then, after 1st January we have here beginning of new wave up, until late spring and beginning of summer. I hope this tradition will be repeated in 2018.

Here it is my reinvestment plan for XEM:

https://www.tradingview.com/x/v9lMAzHQ/

I will reinvest 25% of my earnings made in bullrun in May 2017. I sold in May/June 50% of all my XEMs (with average price of around 25cents). My targets are (of course longterm) 1, 2 and 5$ per XEM:)

edit// As i see more bear sentiment on 4h, i will try to cut long position taken @21,5cents around 21cents (with small loss i can afford it) after some recovery, and rebuy somwhere inbetween 16-18cents. Rest of plan stay as described.