Is increasingly likely that at 30k there will be no reboundAnalyzing the graphs of Mmiracle Viewer I realize how the wave of private long term investors (green) has at a certain point interrupted its rise, a situation that could provide a temporary rebound around 30k usd.
In such case, if the green wave does not come of help to support the purchases it is plausible a continuation of the descent of BTCUSD towards the price of the closest support that is 17k, certainly this will be interspersed from short recoveries and similar attempts of ascent.
The Sentiment market is also rushing and I doubt that when bitcoin has reached very low levels small investors will have the strength to raise its price since many of their resources have already been invested in cryptocurrency and in fact will be positions in loss.
In the comments the detail of the green wave
The fact that even other analyses see the BTC in net loss towards XMR and ETH support this idea of mine... we will see
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
Monero
XMR Liquidity Crisis on Fractionally Reserved ExchangesI took XMRUSD from multiple exchanges, and compared vs Kraken XMRUSD. Why Kraken? Because they have a banking license, and are trying to get a master account at the Fed. They're known for being among the more honest exchanges, and have particularly treated Monero well in the past, by diffusing false regulatory narratives (thanks Jesse Powers!).
This chart is Kraken:XMRUSD, divided by 3 others: Binance, Bitfinex, and Poloniex. These 3 are strongly suspected of price rigging, fractional reserve, and now liquidity problems as a result of selling Monero they don't actually hold. Going on a week, Binance has halted withdraw of Monero to your own personal wallet, along with most other exchanges. Kraken is still good.
So, hypothetically, if these exchanges were suppressing price due to liquidity problems, we might expect to see a divergence where Kraken (who we're assuming is operating honestly), has a higher price than the exchanges doing the suppression. And lo and behold, there it is. Before the big crypto crash happened, the prices on ALL these suspect exchanges diverged significantly, simultaneously showing a lower price for XMR than Kraken.
What does this mean? It's just another indication that these people are fractionally reserved liars and manipulators, who don't want you in Monero; and are experiencing a liquidity crisis. Squeeze the fuck out of them. Price is low anyways. BTFD! *and withdraw your coins to your own wallet!*
Strong support= good buying opportunities Major price rejection around 0.45-0.5 area. Chart consolidating on 30 minute time frame, signs of trend reversal. This week could be a green week for verge.
XMR 's headed towards 558 USDThe Miracle Markets Waves for XMRUSD give the information that big players are buying XMR vs USD
Medium players are on the bottom of the curve and will start buy XMR soon.
I see 558 as a good target for Monero in the next days
You can see signals generated from Market Miracle advisor at the page marketmiracleadvisor.com it's free
Monero Price analaysisThe test of ascending trend line in. place from March has so far held. This, to me, looks encouraging. The price is running into some resistance at $421. However, I expect this level to be soon cleared, putting XMR on a path to $450.
A descending trend line at $450, from the April high, offers resistance.
If the Monero price can clear this resistance, there is a good chance it can continue higher, with the ATH being an obvious target on the upside.
A close below the ascending trend line at $366 would negate the bullish outlook.
Assets moving from Bitcoin to privacy coinsPrivacy coins slowly starting to gain momentum. We're seing a bearish pattern on Bitcoin futures and more and more censorship and fungability issues. Privacy coins expected to rise and make up slower growth in the previous months. We're now seing a breakout from the bearish trend of the XMRUSD/BTC1! ratio with the minimum target of 3x. Sell Bitcoin to buy Monero. Risk = all money invested. Reward = at least 3x if not more.
All in on XMR BINANCE:XMRUSD
Im longing XMR (Monero) - Exchanged all my ETH + BTC into XMR
I love the concept behind it and how its the only true Crypto left
The Colonial Pipeline ransom was paid in an 'untraceable cyrpto currency', most likely XMR, so thats a solid proof of concept behind the idea of this currency
I felt this was a nice dip to enter in at - $6B Market Cap so good amount of room to grow
XMRBTC - Aiming higherMonero seem to be changing its Market structure at the weekly timeframe - All dips are for buying.
The area between 8000 - 7000 offers a great entry point. There is a confluence between high volume node and important SR levels + Fib levels.
I would hold it long term and start taking profits above 12000
#xmr #monero #btc #trading #crypto #tradingidea
XMRUSDT LONGXMR is bullish.... on the daily timeframe market is in strong uptrend and has recently broke above the previous daily high with a strong impulse to the upside which has now been followed by a nice correction. The correction has hit the 0.618 fibonacci which also aligns nicely with structure, now im expecting to see the continuation to the upside. On the 4hr timeframe market has also just broke above the previous low and formed a new higher high, we can execute our long on the retest of this zone.
XMRBTC - 4h BUY NOWit would surprise me if this pair would plummit.
I LOVE THIS CHART
Price is moving away from the red diagonal line.
on the daily chart the same evolution btw
🤞🤞🤞
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XMRBTC - SOOO BULLISHI think this chart speaks for itself
Thanks to the Gaussian
Mostly I don't use it on charting bcs it complicates things
(I do check it though)
bus this time
everything is far enough apart
AND
everything points UP
(if Gaussian is green/red for a relatively longer period than it tends to stay the same colour for a relatively long period)
no contra-indications
except possible H&S but on 4h it looks good so I'm not worried.... yet
PRETTY SURE IT WILL GO A LOT HIGHER
SUCCESS
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NFA - DYOR (it's fun)
XMR: 1M - 1.6M - 2.1M - 3M stsMonero is privacy coin King, it can reach 3M sts in this bullrun.
1M - 1.6M - 2.1M - 3M are important price levels.