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Monerobtc

Monero / BTC Showing Signs of LifeHey every body. Happy New Year!! Hope you all had a great one! So from my last published idea, Monero did rise up from the ashes showing signs of life, which was great to see. So if any one out there bought at the recent low and sold at the high of 0.005331, that was nice 40% gain. On the 9th candle it did pull back. So let's see where it goes from here. There could be another 4 days of positive price action, which would be really nice to see.I am hoping to see it go to the 1.414 Fibonacci level of around 0.005877, then pull back, eventually to the 23% to 38% Fib level, and then head north again, slowly but surely as indicated in the path drwan on the chart. And in light of the weakness seen in BTC lately, this is a possibility. The 33 day and 88 day MA's will be crossing over in the next few days which will be another positive sign for Monero. Not shown on this chart, on the Daily, CMF (Money Flow) indicator is bullish and is on the positive side of the zero line, but appears to have peaked. On the weekly, CMF is still below the zero line, but is heading north still. Squeeze Momentum has had 7 days of strong bright green shoots. Ichimoku has flipped green and Tenkan has risen above the Kinjun line. And the lagging span is well above the cloud and the Tenkan Kinjun lines. Overall this is a positive for all supporters of this project, and those that believe strongly in privacy. Let me know what you think. Freedom or Death.
XLong
by kryptologic
Monero bearish fakeout, bullish reversal imminent!(a) Chart Overview > XMR/BTC - DAILY CHART - BINANCE (b) Analysis The descending triangle is usually a bearish sign however a fake-out is a strong possibility considering these factors: Fundametals > Monero's privacy USP is highly valuable for two main reasons, 1: To avoid discrimination and 2: To maximize security. > Monero most recently (July 23rd) hit it's highest number of transactions per day Technicals > Last time Monero was at this price level we saw a strong bullish rally > Monero has been hit hard by the April Crypto crash, other coins have recovered but Monero has stagnated, Monero could be a late bloomer. (c) Conclusion Monero gets a bad reputation because of the criminal element, however we've seen with Bitcoin that FUD erodes away as the true value dawns on people. Monero is a coin that has lasted a long time (since Cryptonote, October 2013), this proves it has staying power, with the price so low right now, it could be the perfect time to enter. What do you guys think, would love to hear your thoughts? DISCLAIMER: Not Professional Advice
XLong
by cmpkpersonal
6
XMR/BTC Bear Market Ending This Summer?I think I successfully called the bottom in my previous monthly idea and we appear to be set up on the weekly for a big move. best case scenario is charted, a run to 0.016-18. In my opinion, this zone will have a lot of resistance and we will likely see signifigant pullback before inevetiably breaking 0.02 in the fall. Check out my monthly idea, which is more conservative, and calls for may being red before our pump to ~0.017 occurs in June: In any case, don't sleep on Monero for the next leg-up. Obligatory Disclaimer: This is not financial advice. I am not a financial advisor. This is merely my idea/opinion about what could potentially happen in the future. All investments have inherent risk; investing in cryptocurrency is no different, and you are potentially risking your full investment principal.
XLong
by chickenboye
Daily Monero Anlysis. Bullish!Chart Overview * Binance: XMR/BTC * Daily Chart * Reducing / Falling Wedge chart pattern Analysis Monero is forming this bullish chart pattern, with many contact points (four significant touches on the resistance or upper line and three on the support or lower line). The multiple contacts adds credence to this chart pattern, most likely result is a bullish upswing. Conclussion The pattern may take until the end of the week to fulfill it's bullish price move, also things to consider is bitcoin could very possibly go on a strong rally which would delay the price move or even make the price drop slightly below the pattern before reversing. Target * 0.007887 DISCLAIMER: NOT professional advice, please do your own research before investing.
XLong
by cmpkpersonal
Monero on course for big bullish breakout!Chart: XMR/BTC (Daily) Monero has been pushing up gradually and consistently, the 0.5 Gann Box price/time line has been hit. If Monero pushes past this convincingly, this line will turn from resistance to support and we can expect more bullish action. Monero took a big hit from the recent crash and could be a very good time to buy back in. Next resistance points include: (a) 0.011475 (b) 0.019546 (c) 0.027618 (d) 0.03569. Depending on how bullish you are would determine your targets. Let me know in the comments what you think! Disclaimer: NOT professional advice, invest at your own risk.
XLong
by cmpkpersonal
Longing for Sats #4 - XMR/BTCHere's another big dick player that looks ready to break out. Do me a favor and just zoom out - look at the 1W chart. XMR is very well respected in the community, and has even proven to be trusted as the most popular means of transacting in certain markets. Shit, even Grayscale is interested in starting a trust. I like Monero as a long term hold, but the upside potential on its BTC pair is also mouthwatering. I always see noobs saying shit like "buy when others are fearful :p" when there's a 2% dip. (Don't take advice from anyone who uses too many emojis). THIS is actually the best time to buy low.
XLong
by ju7urna
The sellers have sodl'd, the holders have hodl'd. Are you ready?Critical XMR/BTC levels: we are the 2015 spring high, the local top of 2016 spring, right before the 2017 take-off. Meanwhile, Monero's technology has done nothing but improve across the board: cheaper transactions, smaller transaction size, 2-minute block times, and privacy by default so strong that the world's most powerful tax-authority wants to pay anyone who can trace transactions. I anticipate a breaking of our multi-year downtrend soon as the markets start to weigh in atomic-swaps launch later this year. Additionally, the global trends seem to point towards governments being anti-cash, and pro-regulation that inhibits freedom - these two factors will only increase the need for a truly digital cash. Bitcoin, unfortunately, cannot fulfill this role due to its public nature and the amount of resources being dedicated to tracking each and every satoshi. Read more about Monero's fundamental advantages in my other XMR/USD idea which calls for $350+ XMR by the summer time. I believe now is an incredible time to enter with either bitcoin or USD, as Monero has yet to see the true investment potential of the bull-run due to regulatory concerns. By the time Grayscale announces they are officially in the game, it will likely be too late and you could find yourself priced out. Are you ready? Obligatory Disclaimer: This is not financial advice. I am not a financial advisor. This is merely my idea/opinion about what could potentially happen in the future. All investments have inherent risk; investing in cryptocurrency is no different, and you are potentially risking your full investment principal.
XLong
by chickenboye
MONERO BREAKOUT OR BREAKDOWN .. 80% MOVE IS IMINENT Hi Everyone 12 TF We have Symmetrical Triangle close to the apex for a breakout or breakdown I have done a fib ext pull to give potential targets both ways ... the1-1 extention aligns with the measured move of the triangle from Hi -Lo . Wait for a break of the support or the resistance and a candle close and Backtest before taking a trade and be aware of a potential fake out to the upside first or vice versa ..this is why the backtest should be waited for . follow the rules for validation to take entry and your trade wont be invalidated. manage risk and SL and thanks for your support. Any comments or questions then write away
X
by SJTRADESFUTURES
2
💡Don't miss the great buy opportunity in XMRBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (404000). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . 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 dynamic support. . The RSI is at 64. Take Profits: TP1= @ 497000 TP2= @ 540000 TP3= @ 580000 TP4= @ 630000 TP5= @ 715000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
7
💡Don't miss the great buy opportunity in XMRBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (404000). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . 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 dynamic support. . The RSI is at 64. Take Profits: TP1= @ 497000 TP2= @ 540000 TP3= @ 580000 TP4= @ 630000 TP5= @ 715000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
19
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.
BITFINEX:XMRUSDLong
by Kanocrypt
1
Monero Discounts Incoming! (XMR)Monero has been in a rally for around 300 days. We brokeout past the recent high of $100 and now I believe we are setting up for a good size pullback. I have my eyes set on a catch at $100 as a potential major breakout retest, the we will bounce towards the ATH. My ema dots indicator on the bottom is showing a red dot which is a sign for sell off. The week will close in 1 day which will help me confirm on trend. The candle above is showing compression with sideways movement, with price shifting below the candle.
BITFINEX:XMRUSDShort
by UnknownUnicorn2319099
1
XMR formed Cypher pattern for upto 40.5% bullsih rally Hi friends, hope you are well, and welcome to the new update on Monero. On the weekly chart, the price action of the XMR has completed the final leg of bullish Cyhper and entered in the potential reversal zone. The price action is breaking down the 50 simple moving average but we have another good support of 100 SMA below the buying zone. Possible profit and loss ratio: This trade has a profit possibility of 40.5%, and the loss possibility is 10%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
BITFINEX:XMRUSDLong
by moon333
1
XMRUSD it can be a best opportunity to buy the dipHey 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 it can be observed that the price action also had pivot 1st support below the potential reversal zone that helped well to the priceline to move up. In this rally, the price action has also crossed up monthly exponential moving averages 10 and 21. Long-term support and resistance levels: On the weekly chart, the different long-term support and resistance levels can be seen. The price action of XMR has broken out the $100 and $140 resistance levels and re-testing the $140 as support. The next resistance levels would be $140, $260, $330, and $450. An up-channel formation: On the same weekly chart, the price action has formed an-up channel and it is re-testing the support of the channel and weekly EMAs 10 and 21 as well. Ichimoku cloud: The price action has already broken out the weekly Ichimoku bearish cloud resistance and now re-testing the conversion and the baseline supports. Another big bullish BAT: Now if we take a look at the XMR with Bitcoin pair’s 2-month chart, then the Monero has formed another very big bullish BAT and entered in potential reversal zone. This time we again have pivot 1st support beneath the potential reversal zone. s3.tradingview.com Conclusion: The priceline of Monero is re-testing different support levels therefore the re-testing of these supports would be successful then it will be the best buy the dip opportunity.
BITFINEX:XMRUSDLong
by moon333
Monero has completed very big bullish BAT for upto 550% rallyHi 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 potential reversal zone, preferably we can wait for the monthly candlestick to close in the PRZ level then place the buying orders. There is also a pivot 1st support below the potential reversal zone. Possible profit and loss ratio: This trade has a profit possibility of 550% and the loss possibility is only 46% Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
XLong
by moon333
1