Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 28. (Read 2984910 times)

Do you mean that the exchanges are showing to us volumes, which are not "quite correct"?

In low-volume-markets it is easy to manipulate the course values, if someone has money enough. Eg. buy the whole selling wall and then it looks like the price went up to the moon +60%
 
That kind of changes have happened also in stock markets with some company's stock, whose day-volume is very low.

Smart point of view, but in crypto volume can be false, much easier to falsify than in other markets. Here is wild market tbh.

   How am I a troll ?  This is purely a suggestion..

ok ...
Volumes and prices from all the biggest exchanges might form such a data, which could give interesting information. If such info is easily got from the exchanges, even I may start analyzing again     Done earlier some study for one company from NYSE  

I asked about the volumes, coz I think I may understand the support levels from that point of view...
Eg. if many XEM owners or at least few big whales bought more (volume high), when the price was 555 sat, then they have no reason to sell below that price - they may buy more  ---> that 555 sat level supports XEM.

Further discussion makes no sense. I will be not feeding the troll. You go to my ignore list.

I will publish my charts in other place, for those who want to watch it. Here is not good place to do that. And always be.

https://forum.nem.io/t/nem-xem-price-charts/1204

I fully understand you, I just don't see the logic behind a snapshot and launch on a single day.

If people (XEM holders) in poll choose option for snapshot to stay at 14 January, there will be many weeks between this snapshot and Symbol coin debut. NEM Foundation says that it will be somwhere in February, thats the reason i wrote about month of waiting. And risks in that situation.

XRP price is also going down due to the spark airdrop snapshot, as well as the legal stuff.

XLM I heard Ukraine is going to use Stellar foundation to help build their digital currency.

I suppose XEM is similar in price to the others so may have perception as a good buy.

Who said anything about a month? 48 hours should be enough, I think.   and those who want to sell already have their XEM on the exchange and will be ready.

i dont care (only for me), but those who wants to sell with spectacular profit care, with natural expectation that they will not wait one month for the opening of XYMs trade, so risk in that case can be huge (bubble bursting in crypto like it was in January 2018 can be a catastrophy for speculators)

poll results shows that majority for now will not want to take much risk on his backs

https://explorer.nemtool.com/#/poll?id=5fee0e206a966b753880834e

How ?  And since when anyone cares about those who want to sell ?

Those three coins were always in the same basket of whales. XLM pumps almost always before XEM or much spectacular than XEM. But XEM has also his own life and cycle propelled now only by pure speculation how high XYM will be sold for the newbies on cryptoscene


it will be for sure much riskier for those who wants sell quickly with profit and move on to the other "train".

Just a thought: wouldn't it be "smarter" to make the snapshot before the Symbol launch in order to not to deal with two major events on the same day ?

You think that somehow the price action of XEM is tied to that of XRP and XLM ?
I mean a week ago the 3 coins were dumped as hell that it was so painful to watch!

Now XRP is stagnating due to the legal issued that it has and the exchanges that are taking it out
but the XLM is going crazy due to the latest news and XRP downfall!

You think this price action on XLM influenced that on XEM?

Binance wtf?

https://www.tradingview.com/x/Qix2XCR7/

maybe this support for snapshot haha

but i dont think that huge inverstor will hold all XEMs in exchange its too risky (only owner of that exchange can be sure and can be confident investor)

https://www.tradingview.com/x/INIHyYx2/

above unfulfiled H&S formation can cause massive upmove, so say the rules of other markets (black line is invalidation line for that formation)

I hate FOMO action without me Partially without, maybe i will miss XEMs that i gave up waiting for lower levels huh. I haveexpected last dump before pump, but... maybe this time will be pump before bigger pump. This is crypto.

this was signal wave https://www.tradingview.com/x/HZH44Eda/

5th wave overextended (max possible six times greater than 3rd) as 3rd was no more than 1.618 of 1st wave.

But i hold my waiting orders in XEMBTC in case of other insanity (spreaded from 400 to 480 satoshi) if it will not fulfill i will have my Bitcoins (on exchange, which is bad but what to do).

I had few days to rethink my voting stance in case of snapshot and i must admit that moving that date is more convenient. Too much diffrence between snapshot and XYMs debut is to scary in circumstances of cryptomarket. Those two days should be as close as possible.

Yes, full info here: https://forum.nem.io/t/exchanges-that-have-announced-xym-support/26386

Volumes does not matter in Elliots Waves Theory. Only for formations like double tops and other price formations. But what to do with chart from one exchange only? It not contain all the volume. I know that multicharts are possible in Tradingview, but after blocking my account (and trying to get my phone number)
i dont have patience for this morons so i use only what can be used for free, i dont need even these volumes to make projections or expectations

Volumes are for professional analytics, and even with them, they fail to predict anything. So i use only that tools, that can satisfy me in that matter, taking into account, that i can be wrong. All readers of my posts should take this into account

Do those wave projections take into account the volumes?
I say "projection", not analysis, coz I do not bel... eh, know those. Somebody has said that they may be self-forecasting

If counting of waves is proper (WXY), 392 satoshi should be unpassable, minimum pump is around 3000satoshi (as expected XX wave, that wave must be minimum 20% of Wave Y.

In case of new dip (under 392 satoshi) waves should be recalculated as ABC [as wave W of hypothetical higher tier]. Growth from hypothetical 285sat could give minimum growth to 3024 satoshi. That is only example.

So around 3000sat x BTCUSD we have our expected minimum growth, in XEMUSD (for example 3000sat x 30000$ = 0.9$)

Looking at bigger picture is always best approach. Maybe this 400sat will be not even tested, who knows. Some more kicking coins appeared now and Totalmarketcap for all exept Bitcoin also looks now very bullish.



to many 5th waves has ended an we have strong correction here and there for a while...

What for XEM in this situation? I have waiting orders @11JPY and 440satoshi (that are averaged values, never ever set pending orders in one level, average should be 10% higer than desired level, so 400satoshi plus 10%)

For XEMUSD calculation is 10cents (awaited price for BTC 25000 x 400satoshi XEMBTC)


My old reading from Christmas is null and void, days can be switched to weeks, but this means middle of February or second week of February) for XEMs final dip. Too long fore me, i hope for energy changing and faster price action. I drew a card - Wheel of Fortune - that only shows the exact time is impossible to estimate. But the price of 10 cents is still possible.



scary formation of double top in case of XEMBTC, fulfiling it in terms of logarithmic chart can drive price to 260 satoshi, it can, but will the market can and do? i think it is more possible in case of renewed bullrun of Bitcoin (very fast dump trough te buywalls, shortliving and sudden retreat higher from that level with strong demand from smart money players).

On the other hand the time for such move (below 400 satoshi) has ended in October 2020. Wave Y cannot be more than 5 time of length wave W (in terms of time, not in price).



So the clue is 400 satoshi. I want it as fast as possible
What if WXY calculation is wrong. Should not be. Inner waves are hard to recalculate as simple ABC with other rules extending the possibility of new low (below 400 satoshi). Other thing is, that in crazy market like this even Elliots Waves Theory rules are not the Holy Grail.

Which exchange I hold Nem(xem) ? Binance exchange support XEM  event?