Hey friends, hope you are well, and welcome to the new update Monero. On Feb 9, 2020, I shared the idea where the price action of XMR formed a big bullish BAT on the monthly chart, now the priceline has started to move to the upside and so far it has produced more than a 120% rally. Pivot support and EMAs: Now if we take a look at the live monthly chart, then...
Hi dear friends, hope you are well, and welcome to the new update on Monero coin. On the long-term 2-month chart, the price action of the XMR has completed the final leg of bullish BAT and entered the potential reversal zone. At this time the priceline is spiking beyond the PRZ level. Therefore I would suggest to wait for the priceline to move back in the...
Monero will exceed the price of $150 in 6 days accumulate and open Long operations. I am seeing that previous patterns are being repeated which point to a price boom. This is in addition to the fact that if bitcoin rises the other cryptos rise by a maximum of 10%.
On the daily chart, the price action of Monero (XMR) is completing the final leg of bullish Shark and soon it will be entered in the potential reversal zone. There is also 200 SMA support in the PRZ level. However, on breaking down the 100 simple moving average the pattern will be confirmed. Buying And Sell Targets: The buying and sell targets as per the...
Midterm forecast: While the price is above the support 0.00600, beginning of uptrend is expected. We make sure when the resistance at 0.00815 breaks. If the support at 0.00600 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 0.0064 on 2020-11-21 and the...
Midterm forecast: While the price is above the support 0.00600, beginning of uptrend is expected. We make sure when the resistance at 0.00815 breaks. If the support at 0.00600 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 0.0064 on 2020-11-21 and the...
we have an obvious break upwards and now Monero sits back in what has been its most familiar trading channel for the last 1.5 years or so, between .008562 and .007501 BTC. yellow trend lines indicate current and previous micro-trend support and resistance, while the 3 red lines represent the channel i mentioned in the previous sentence. the thinner green line is...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0073). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Monero/Bitcoin XMRBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a...
A great coin just to buy, no need for trading.
Stuck under (2/1) Gann line of the downtrend I believe this will break under upward pressure Never really looked into Monero, maybe its time to?
After the break of resistance and the pull back down the previous lvl I’m expecting to see XMR continue it’s breakout
I was personally buying on Leverage few days ago, finally we saw a nice small move up, after a small cooldown, we should continue pushing higher.
formed a broadening wedge This is a bullish pattern not the best pick out of all the alts i have came across however , based on TA
A triangle. pressure on the upper boundary; Punching up and securing the purchase. stop loss for local minimum; Push ❤️ if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!
Been updating on this one specifically based on the fact it's one of the best privacy coins out with a more serious market cap. Monthly still holding the potential compression for a return to the upside. Long term hold I like it. We need the Crossover to the upside next for next long term confirmation. Cryptocurrency is brewing up a storm.
Monero fibonacci spiral, looks like a buy Golden cross can be seen Price can be seen in green box to climb the fib spiral
Bearish rising wedge breakout. Looking for a nice double bottom to form.
XMRBTC ANALYSIS: XMR has broken below the major moving averages and faces a small triangle. Typical triangles, such as the ones in this chart, can easily swing either way. Therefore, its best to wait for further confirmation. In this case, there is new resistance band at 200MA in the red box near 7100 sats. Its possible to see a quick wick up the resistance,...