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Monerotrading

#XMRUSD (#MONERO) Looking for the next destinationOn the daily chart, we crossed the 200 moving average line which is a positive sign for further gains on the Monro price, you can see that once the price touched a moving average, it fell but immediately Rose and bypassed the old price and this time broke the moving average 200, one more step forward confirming the strength of buyers and the high demand. From the point of view of indicators, we use the Ichimoku and Stochastic Ichimoku-All the positive signs support the continued strengthening of the Monero Stochastic- we are approaching Overbought which means that there could be a correction of the upward movement. If we turn to the weekly chart, there seems to be strong resistance at 80 in the price of the Monroe and on the monthly chart another resistance in the 90. Since all the signs are positive we recommend buying signals in the long term, for those looking to be more active and not stay too long on a long term position can buy Monroe until the price reaches 80 and then turn a position into a sell position Buy Monero: 72.11 Stop Loss: 65 Take Profit: 80
BITFINEX:XMRUSDLong
by xosignals
$XMR... For Those Who Loves Bluechips In CryptocurrencyI think i don't need to explain a lot about it's fundamental background, Monero is really famous on it's privacy development on crypto even it has a copy cat like Linda Coin. We can say XMR as one of the pioneer for privacy coin in this game. Alright, how do i judge the chart at the moment? Okay, guys, I think this is a good time to scoop monero because of after a dead cat bounce we see there is a healthy correction which a seeking a good support to start the second rally. As the green box is where we actually consider as a zone which juicy to buy but I doubt we can go lower if BTC stabilize above $6.5K - $6.6K so this is your chance. The first fibo touch at 0.236 and i'm looking for the next thing to touch is 0.382 and then straight up to 0.618 with healthy correction in between. I also love another two indicators below is showing a good low. If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot! ------------------------------------------------------------------------- www.tradingview.com Rules: #1 Always obey tradingview.com house rules #2 Always read the description #3 Don't spam on the comment section #4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after #5 My opinions are not financial advice, follow it at your own will and your own risk #6 Together, let's build a better community on this platform -------------------------------------------------------------------------
Long
by blockchaindedi