New Economy Movement (XEM/USD): Discernment Propagation

in #xem6 years ago

SUMMARY

On March 10th, the below forward discerned pattern was used to analyze XEM. It clearly stated the left wall, basin phase and the right wall build projection of the rounded price formation. Forward discerning is a skill that can be acquired with practice. It requires one to be able to proficiently identify price patterns and project future price pathways using primary verse alternate scenarios. It can also be called discernment propagation.

Given the additional price data since March 10th, the pattern has not changed but only reinforced. The basin phase (blue box) borders have been updated. The impuluse blue waves show that after a brief wave 2 correction, the right wall build should take place in earnest. The MACD is quite supportive and its symmetrical pattern is quite bullish.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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.

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Please, haejin brother give vote on my comment

I know one day you gonna look down on and use your mighty upvote value to upvote two of my posts. Just a dream.

An Honor can be a New Economic change movement (XEM / USD)

What Should Be Part of A New Change?

A useful science I can get from you how the competition that occurs in this global market shows something we have to learn to understand and how the price turns and this price is able to compare,

Is it Important to Make a Comparison with a Wave?

I think it's something very important to be a benchmark to win a global competition in terms of this competition being the one that is most important to us to know for us to be winners in our lives.



See you on the top

I'm bullish as hell on this one...I've been loading my bags for the last few months on NEM...their popularity overseas is astounding and they've got a really good team

great post, i think it has a bullish projection even if you see it XEM/BTC,

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