XMRUSDT Long Trade IdeaXMRUSDT Long Trade Setup after we saw a breakout from the Bullish Correction Pattern
Privacycoin
XMR usdt.. What I think of Privacy tokens Hey everyone,
With Binance now yielding to western European countries.. I think more and more people will think of Monero and other privacy coins.
I decided to go with XMR instead of ZEC. Imo XMR has more to offer.
Check out the current chart.. I cant see history of XMR in Binance charts anymore, so people tend to forget we were at 300 before with XMR..
Imo we could see a leg towards 150 happen (btc bear scenario) or breakout now. In both cases bullish on XMR longterm!
However, I see a big cup and handle here. And fundamentally.. I support privacy tokens too.
Another good(but gambly) privacy token might be Arrr on Kucoin.
Bought them both. Hodl!
We need some privacy tokens in our bags. The future is bright.
XMR - privacy vastly underrated !!!Privacy is still very underrated in this growingly hyper transparent financial landscape !
MONERO is still the best and most well known privacy coin in the digital asset world.
Many people hove avoided this type of coins because of the impending danger of regulations.
However, there is a case to be made that such a coin will not only survive but thrive in an adverse surveillance type world...
In any case, XMR has a very good use case and has a place in every well balanced digital asset portfolio.
During the bear market it has lost 90% of its value relative to Bitcoin.
And besides the fact that in USD terms it has already touched its ATH ... relative to Bitcoin it is still down 80% from its ATH !!
In the upcoming Altseason it could be a top performer.
Like most Altcoins it has found its bottom in January 21. Since then it has outperformed Bitoin by 3 measures and has now cooled down a bit,
finding a very good support at 0.006 btc (or 1/167th of a Bitcoin). Sitting at support it is also drawing a right shoulder of an inverse H&S formation (similarly to it prior bull run in 2017).
Some experts have argued that MONERO could one day become at least as valuable as Bitcoin !! (from the supply angle it is more scarce than Bitcoin).
That is why I believe XMR Monero has a lot a potential in this pending Alt Bull Run !!
PHALA - Sssshhhhh Here we have a serious privacy coin contender... everyone is so hell bent on privacy coins, yet dont operate a simple VPN lol, The best way to get hold of this coin would have been to get involved in the Kusama parachain auctions, i think they were giving 125 PHA for one KSM put forward, now if you are staking KSM, then its a great move... eitherway, PHA is the privacy coin on Kusuama network. However with all other privacy coins booming... it would be wise to keep one eye on this one.
ZEC - shy_glizzy says "Bull market is over" !!My friend wrote me late at night saying: "bull market is over - I sold everything !".
Is he right ?
Bull market may be over for Bitcoin (and I am not even sure of that one).
One thing I AM sure is AltCoins have almost all broken out against Bitcoin and are in back testing mode !
Z-Cash is no exception !
After years of downward pressure ZEC has broken out of the descending channel and is back testing the (previous) resistance (now) support line.
IT IS GAME ON FOR ALTCOINS !!
Strong support= good buying opportunities Major price rejection around 0.45-0.5 area. Chart consolidating on 30 minute time frame, signs of trend reversal. This week could be a green week for verge.
$ZEC/USDT 1D (Binance Futures) Ascending channel trendingZcash is surely up-trending and has shown much recovery power during last weeks.
I guess a last leg down could still happen that's why I placed entries there.
Let's swing it to a new yearly high then, if you are impatient better avoid that trade!
Current Price= 247.15
Buy Entry = 211.72 - 196.80
Take Profit= 264.51 | 351.21 | 467.98
Stop Loss= 169.92
Risk/Reward= 1:1.75 | 1:4.28 | 1:7.68
Expected Profit= +29.50% | +71.94% | +129.11%
Possible Loss= -16.81%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 3 months
PRIVACY coins KILLIN IT.. ZCASH... retest me baby.... MAYBE...Food for yummy trading thoughts..... My recent picks with Monero and Dero.... premier privacy coins, were spot on.... NO APPLAUSE PLEASE... really, stop it, you're making me blush. This is the next pick... Here's a nice screener which sorts crypto by category.. Privately find your privacy coin.. perv... messari.io
BUT, wait for the " Moment of Change " for a retest at the previous high with a spike in volume (otherwise, you might get your trading trap in a leg). There was also a recent AROON, MACD cross... plus PSAR looking good.
For those lazy traders I put the numbers in there for you.... For you ambitious traders who like to do it yourself, why are you still reading this? Really, just stop now
ORIGINAL TRADER JOKES
Why aren't there more day traders driving school busses?
Because they're always getting Rekt!
Zcash has a hidden cousin 💎 Noir ($NOR) Looking at the Zcash charts, one can see the magnitude of a properly implemented privacy coin: Zcash is clearly edging up higher and higer as people are either remembering or realizing that privacy coins are very important as a hedge. Nobody wants their portfolio to be caught in a trap caused by government regulations and privacy coins help prevent this. Zcash is and always was critically important with probably the best privacy protocol called zk-SNARKS.
Though they are using two different privacy protocols, there is a somewhat related privacy coin which is completely under the radar called Noir. Calling this out for those looking for a hidden gem. The team is very actively developing and new exchanges are coming online. Take a look noirofficial.org
Financial disclaimer in signature. DYOR.
Good luck.
Best Privacy coin, that we have never heard about!!Pirate Chain ARRR
greetings to all, I hope this message finds you well.
Did you know that most blockchain transactions are forever saved, and accessible by anyone through a blockchain explorer? For that reason alone I am surprised that all governments havent adopted cryptocurrencies and made them mandatory, but that is not the point of my Idea. Fortunately for us all blockchains are not created equal.
Pirate Chain is a privacy coin with the best features of Monero and Z coin (Delayed Proof of Work (dPoW) from Komodo, zero-knowledge proof (zk-SNARKs) transactions from ZCash, and the rule of enforced private-only transactions by Monero.) with none of the loopholes.
I have been hearing about this coin for a week or so and looked it up to try to find where to buy it, I could only find a couple exchanges that I had never heard of and I stopped researching because it seemed difficult to buy, the name seemed a bit goofy and I didnt realize it was a privacy coin.
My dad called me yesterday around noon and asked if I was able to purchase any, I told him I didnt, it seemed kind of hard to mess with, but I looked it up again and found coins main page and read the whitepaper and looked at the site in detail,
(I would post a link for it but I dont think that I am allowed to do that,***^^^<< search for "Pirate Chain" and it isnt hard to find, if interested>>>^^^****.)
I found out it was a very strong privacy coin and was listed on 10 exchanges including Coinex, which i had been wanting to start an account with for a while now anyway. its various trading pairs like BTC and USDT and turned out to be much easier to buy than I thought (only because of my lack of research) there are 177 million coins in circulation and it is currently *#231 on the list for market cap at $2.3 billion today
and is gaining a lot of momentum. I bought on 4/20/21 for $4.42, today 4/23/21 it is trading around $12.23. I regret not doing better research when I first learned about this coin at $0.50 but I am glad that I bought in before the price really jumps. This coin has huge potential and seems to be gaining momentum quickly. I have only been into the crypto market since november 2020, but I have spent a lot of time researching everything i could find out about the whole cryptocurrency market and I think I have a good understanding of how things work. Ive seen a lot of grownth, but i have also seen a lot of scams come and go in the short time i have been here. I understand its always a risk when you are dealing with a "new name" coin. However this project has been building since 2018 and has a dedicated development team.
(quote from the website) Being a decentralized team, Pirate has benefited from a dedicated community contributing their skills in coding, marketing and business. Our talent pool includes Bitcoin core contributors, developers from ZCash and Komodo, website and SEO experts, and a strong collaboration with the Turtle Network as well as ZCash. We are all motivated by an innate desire to develop the most private cryptocurrency on the market.
I feel like ARRR has a lot of potential for solid growth, and the ability to follow through with the potential, with continued support from the crypto community.
The exchanges that currently list Pirate Chain $ARRR ::
Trade Ogre, CoinEx, Bitcoin.com, Polarity, Changelly, Changelly Pro, Swapzone, TurtleDex, Safetrade, Graviex, Bilaxy, CitEx, Swap Sorce,
and P2P p B2B
and is supported by many crypto ranking and news/information pages.
I am not a financial advisor and this is not financial advice, Just my own opinion based on research I have done for myself .As always do your own research and invest where you feel is the best fit for you.
Keep calm and say ‘Arrr’There is nothing like the smell of cannon fire in the morning!
We went long Pirate Chain (ARRR) last November as word had filtered out about this crypto's superior privacy features. As a long term fan of Monero, I have been always been on the look out for other privacy coins which may challenge Monero as the King of Privacy in the crypto sphere. Enter Pirate Chain. It offers Monero hodlers a hedge at the very least and as a small cap and relatively unknown project back in November, we decided to open a position. We find piracy is like a hostile takeover without all the messy paperwork.
Pirate Chain is a completely private cryptocurrency, an anonymous chain that uses the most powerful algorithm available on the market ie. Zero Knowledge-Succinct Non-interactive Argument of Knowledge (zk-SNARKS). Moreover, Pirate Chain implemented a mandatory, private-only usage of zk-SNARKS (unlike Zcash where its usage is optional).
Pirate Chain's fungibility is superior to every other privacy cryptocurrency. Furthermore the protocol is also secured by Delayed Proof of Work (dPoW): Komodo’s Innovative Consensus Mechanism crypto-economy.com The Pirate Chain is notarized onto Komodo's blockchain and then Komodo's chain is notarized onto Bitcoin's blockchain. All this effectively means that for someone to successfully commit a 51% attack on Pirate Chain, they would simultaneously need to execute a 51% attack on both the Komodo and bitcoin blockchain. Shiver me timbers!
There are two cryptocurrencies that are private at the protocol level, Monero and Pirate Chain. We are long both. Looking at the chart, the price looks too far extended right now and we would wait for a correction to at least the 50 SMA which is currently sitting at $2.22. We are however very bullish on ARRR over the medium to long term. We used Trade Ogre Exchange to purchase Pirate Chain: tradeogre.com We would recommend this exchange.
For more information about Pirate Chain: pirate.black
May your blade always be wet and your powder dry!
MONERO : Ambition is putting a ladder against the sky Hello
I like privacy and lets talk about privacy coins
Monero (XMR) is the top privacy-centric cryptocurrency based on the CryptoNote protocol, a secure, private and untraceable currency system. Monero uses a special kind of cryptography to ensure that all of its transactions are remain 100% unlinkable and untraceable. In an increasingly transparent world, you can see why something like Monero can become so desirable. In July of 2012, Bytecoin, the first real life implementation of CryptoNote, was launched. While Bytecoin had promise, people noticed that 80% of the coins were already published. So, it was decided that the bytecoin blockchain will be forked and the new coins in the new chain will be called Bitmonero, which is was then renamed Monero, meaning “coin” in Esperanto language. In this new blockchain, a block will be mined and added every two minutes..
Targets 407-410-420-440
Stoploss 390-385-380
Better late than never,
but never late is better.
Privacy ? Sir, yes Sir ! See the chart aboove
Zoom out
&
now ... Zoom in
Take your time & place the bets
Choose bull or bear side wisely
ChaChain
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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ZCash is on the verge of breaking out of an Ascending Triangle.Zcash is the one coin I don't want to chart about, I'd like it to stay cheap for a few years to accumulate, lmao.
It appears as though Zcash is about to break the red horizontal resistance of the pattern, and if not the green upward sloping support will need to hold for any validity of the pattern. Unless there's a fake-out to the downside.
On the RSI there is an Ascending Triangle pattern similar to the price, there's a series of higher lows and moderately higher highs at the horizontal resistance of the pattern. The horizontal resistance dates back into February and probably longer if I charted a longer time frame, it's possible Zcash sees some rejection.
If there is some strong resistance at the horizontal area of the pattern I have drawn a hypothetical scenario in blue.
The KST is displaying a bullish cross where I have placed the blue downward-sloping finger.
XMRUSD 1hr & 1d Charts Looking Healthy; VERY BULLISHFundamentals very strong, despite some exchange delistings
Maintained, and broke out of bullish channel which started June 2020 - trading nicely above long term SMA on Daily, and its being used as resistance on the hourly. Triangle Breakout pattern formed? Im new to this please advise me and critique this :)