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Crypto Analysis Report 6-9-18 NEM...Low On The Curve Again & Offering Another Buy Opportunity by rollandthomas

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· @rollandthomas ·
$10.56
Crypto Analysis Report 6-9-18 NEM...Low On The Curve Again & Offering Another Buy Opportunity
<center>![Avatar Trade2.JPG](https://steemitimages.com/DQmdYS9kddtwL5FdPXagGGEyvphp6Tjki6kag7Z5iPUvMWZ/Avatar%20Trade2.JPG)</center>

I last spoke about NEM 3 months ago,

<center>[ Crypto Analysis Report 3-4-18 NEM...Buying Opportunity At $0.20]( https://steemit.com/altcoin/@rollandthomas/crypto-analysis-report-3-4-18-nem-buying-opportunity-at-usd0-20)</center>

I stated, NEM's price action is like watching paint dry on a wall, but price was getting closer to being low on the curve. Once price gets to $0.20, look for the buyers to buy NEM. My 1st target was $0.60 with a longer term target of $0.95.  

![](https://cdn.steemitimages.com/DQmfXFr4t5F6XAt5p7ojt5WLCbzjs5cA9QwxEPxcEhaDpe7/image.png)

Price hit the weekly demand zone on 3/8 and bounced to a high of $0.53.  There were still some unfilled sell orders, but because I wasn't in love with the structure, I thought price could get to $0.60.

![](https://cdn.steemitimages.com/DQmXtZ3uvpVSAAsQ6sgTsgpRMDmjonCVvqnQammAvnFYz9A/image.png)

Price came back down the the weekly / daily demand zone on 3/14 and bounced to a high of $0.46.

![](https://cdn.steemitimages.com/DQmTZ51a93Y7J6ygDL1WEyci3BYQwr1yD7YnFvGRNnf6y6a/image.png)

Price is back within the Weekly and Daily zone.  However, I anticipate price going a bit lower in the zone to find the unfilled buy orders between $0.10 -$0.20. Because price is so low on the curve, I think this is one of the lowest risk, highest probability set-ups I have posted on SteemIt.  The fact that price has bounced off this weekly / daily demand zone twice, tells me it's a very strong level and the buyers want in at this level. 

![](https://cdn.steemitimages.com/DQmZFTyBnfPNJ5pkiae35nHgU9gQwQmrW6a9JE3z5xPSjoN/image.png)

Based on the zone size, if you wait for price to come down to the $0.10-$0.15 level, the risk is roughly only $0.20, but the potential returns are the following:

Target 1 - $0.60, ROI of 300%.

Target 2 - $1.00, ROI of 500%.

Target 3 - $2.00, ROI of 1000%.

I think all three target can be reached within the next 6-18 months.

![](https://cdn.steemitimages.com/DQmRsDUeC7SPhaqCbV1ARBQVdSvdPG264VhMnarDRLAFWuE/image.png)

This post is my personal opinion. I’m not a financial advisor, this isn't financial advise. Do your own research before making investment decisions.

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@a-0-1 ·
Go here https://steemit.com/@a-a-a to get your post resteemed to over 72,000 followers.
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@anealireki ·
https://masscoinapp.com/ - good helper in trading things.
Try it, and you'll stay with us forever!
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