Monero
MONERO HEAD AND SHOULDERSHi there crypto pals.
Monero is adjusting along with the market.
It formed an head and shoulders pattern.
Check the chart for values!
Monero Golden Cross inboundQuickpost on XMR as a golden cross is due very shortly and my operating assumption is that after that concludes we should expect to see XMR get a good pump. ETH on the chart below had a golden cross around $600 and now it has done about a x3 in just a couple of months. I expect monero will be even more volatile and we would see even higher gains and I could show you why, but this is just a quick post. Ultimately, I hope to see ATH for XMRBTC and XMRETH. Just because it is taking a slight beating right now doesn’t mean the macro situation isn’t very bullish.
Monero XMR Prepare For SellOffThe crypto market is living its last bubble days.
The prices do not reflect any fundamentals.
Cryptos are pure retail investments gambling at this point.
Monero XMR Market Cap $4,444,410,296
vs
Biggest German Bank, Deutsche Bank 23.864B Market Cap
Moderna - saves the world from Covid-19 - 69.146B Market Cap
Ebay - Market Cap 42.174B
FORD - 42.174B MARKET CAP
When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends.
When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing.
If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
MONERO ON AN ASCENDIND CHANNELHy there. Monero is inside an ascending channel. Currntly on the buy price.
I'm feeling bullish about monero!
XMR finding support and starting its next leg upwards 🚀XMR seems to have broken out of this ascending triangle quite early and we were hoping for another rejection of this resistance as it would have made setting a momentum long order very interesting.
Seeing as this did not happen and XMR broke up earlier that expected I was not willing to trade it but it is already back at the top of this ascending triangle which can be a great test of support.
If XMR does find support here I would look at laddering some longs around this area, although if XMR can't hold this support level I would be looking at the 230 dollar area as another support level to ladder some long orders.
XMR to 300XMR testing the median level of the pitchfork.
The bullrun continues, monero hits 300 mark !
$PART looking goodParticl is a eCommerce plateform Amazon-like that preserves completely the privacy of the trades.
Particl is PoS Bitcoin with Monero privacy
$PART is a privacy coin used for the marketplace and also used for the gas fees. $PART is also a gouvernance token.
When you see the market share of privacy coin like $XMR $DASH and $ZEC they worth more than BILLIONS marketcap you can see than $PART is truly underrated with only 14M mcap.
XMRUSD Time for accumulationPattern: Bullish Megaphone on 1D.
Signal: Buy on the MA50 as the RSI got rejected while the price hit the top of the Megaphone.
Target: 400.000 which is the top of the Megaphone and just below the 2.382 Fibonacci Channel extension.
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Monero/XMR is a sleeping giant.Monero has one main purpose, to ensure privacy between users and it arguably does it better than any other cryptocurrency by offering privacy by default.
Pros:
- Atomic swaps might be released by the end of the year allowing for trust-less BTC<->XMR swaps
- Grayscale considers launching a Monero trust, if it happens they would probably be accumulating right now
- Michael Saylor mentioned in a podcast that if people want privacy they should "just use a Monero"
- Averaging around 4x the number of transactions since the last ATH in 2017-18
Cons:
- Exchanges in Australia and the UK aren't allowed to list XMR
- Possible regulatory scrutiny by other countries targeting privacy coins
- Associated with crime (some could see this as a pro)
There are many more pros and cons, which I might add in later. Targeting $420 by year's end.
XMR - Lot's of gains left to made in XMRIt is currently retesting a strong support area. This could make for a great long term entry!
Mean-reversion SHORT - XMRUSD/MoneroGreetings folks,
XMRUSD has been increasing quite sharply on the daily chart as of late.
My system has made a recommendation to short at the low of the previous bar with the TP being 182.94.
However, my system has only had 3 past trades giving us 3R returns or an expectancy of 1R with a 67% winrate.
Cheers,
PineConnector
XMRUSDT (MONERO) - POTENTIAL BREAKOUT ANALYSIS 🔎
- XMRUSDT printed a falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- Price brokeout above the falling wedge's resistance.
- Price action is printing a double bottom.
- This is also a trend reversal pattern.
- Price is testing the neckline resistance.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the neckline resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the double bottom horizontal support level (S1).
Monero 300$Everything is in Graph. Privacy is future, they can delist what they want, Monero not gives a shit. XMR already replaced BTC in the Darknet.
Buy zones for XMR are simples :
- if price fall between 100$ to 150$, you are in the green buy zone.
- TP is 299$
More simple than that i cannot be.
Happy Tr4Ding
Is Aeon ready for Liftoff? Aeon was a big performer in 2017 alt coin rally. Will this cycle be the same? Stay tuned. Looking bullish AF long term IMO