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Monerobtc

Monero, Show Us Privacy Still Matters! (XMR)Stage 1 breakout being tested right now with everything shooting green on monero. Roughly 410 days since back to the stage 3 high of major structural Resistance. Once we break here we will look to then hold to break the highs of stage 2 and stage 3 for a serious bullrun. Keep an eye on the order book and watch the tape to see how much is being bought up on a breakout. If this holds strong than we could see another correction and correlate with all indicators. Anything can happen, stay sharp.
KRAKEN:XMRUSD
by UnknownUnicorn2319099
2
Monero - Long term Outlook Reguested by: tim_1180 I have not done any research into Monero, so I lack necessary background knowledge need to calculate a fundamental outlook of this crypto asset. I do remember the astronomical bull-run it had back in the last cycle, and it is one of the popular privacy coins. This reminds me of a hard learned lesson during this pandemic, and that is to learn to block out the noise, and stay focused on the technical of ANY asset. Good luck out there traders. Ju$t Follow The Money
X
by MrMoneyMatrix
Major Monero Discounts Could Happen! (XMR)Everything on monero continues to shoot green from the Crossover strategy and the ema dots. We still sit below a very key level of resistance in an expanding downward channel with lower lows and lower highs being formed. Until an actual breakout you still have no bulls confirmed! I am a big fan on monero and I personally would love to see it reject off resistance and dump for one more major selloff for unbelievable discounts. If this happens I will add a large position at the next low or on the Resistance breakout if we decide to push upward. Best of luck to you all. 🥇MLT | MAJOR LEAGUE TRADER | FULLTIME TRADERS
POLONIEX:XMRUSD
by UnknownUnicorn2319099
5
Privacy Is Shifting. (XMR)I love monero ❤🥇❤🥇❤ True Cryptocurrency that plays a critical role in what it stands for. 💰 Let's check up on the price action of this one. Wave 1: The selloff, the distribution of coins. Wave 2: The accumulation of support. Wave 3: The Resistance for controlled accumulation. We are squeezing sideways as the pennant pattern is forming. *As this pattern squeezes we will see a decision in which way the market wants to run on a breakout. (Similar to how price broke down on btc back in November of 2018) I'm not saying it will result in same results, I'm showing you how compression decide critical moves for trend changes) These are key areas where you want to play for a major move. The full compression of range could be controlled for another 6+ months, our first major sign is aw we see the weekly shoot to hit wave 3. But one major observation I'd like to notice is what i titled on chart as "Final Shakeout" That selloff could of been the final selloff in a stop hunt. It was a major quick crash that scared buyers to force them out of their positions. That can be called the final capitulation. You are noticing as prices get low on altcoins they try to flash the market to force the buyers out of their positions. I believe we could be in very early stage of the major multi year alt cycle. But I also take into fact that the compression could last another 6+ months if wave 3 can hold. What we like to look for on longterm entry is a doji compression off S&R Levels for trend change, So technically this is a late call to buy now. If you wanted to buy now you would hunt for an edge play in the market to push up to the next level of price in a lower timeframe. Hope you enjoyed, have a blessed day! MLT | PRO TRADERS 🥇
BITFINEX:XMRUSD
by UnknownUnicorn2319099