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Xmr-btc

$XMR #MONERO - THE FLAG - at the end of a downtrendHello Lads and Ladies, As promised, there is at least one TA per day here and today we are looking into XMRBTC - one hell of a clear picture. To beginn with, we take a look at the previous structure, that was a very strong uptrend that XMRBTC was following after it hit a very strong support at 0.011 this uptrend continued all the way up to 0.034 which was basically a 3x gain. Logically, we saw a pretty nice crash after it, breaking the uptrend obviously. After the crash to the 50% fibs retracement, XMRBTC went sideways for quite a while after which it retested the very strong resistance at 0.030. It got rejected there and started a new, very well respected downtrend. This downtrend continued as expected towards the 61.8% fibs line at 0.021, where it was about to break out but this was exactly when the whole market was taking a sweet bloodbath, so very unfortunately this downtrend continued heading towards the 76.8% fibs line at 0.016. A very remarkable aspect is that this downtrend is VERY steep so the charts naturally narrows when it is approaching the end of the downtrend. You can see this "phenomenon" even better when you look at all white lines indicated in the chart, which are forming a very clear FLAG. This type of flag is normally a very bullish sign and as soon at it is finding support and breaks the downtrend, the breakout is remarkable and humungous. Since XMRBTC was supposed to change the trend at the 61.8% fibs line, it seems to be changing it at 78.6%. The first big move will be to the 61.8% fibs line, where it will show, if this trend would have been reversing or not, when it ws supposed to do so, but failed due to the whole market. At this point we will either XMRBTC continuing the uptrend towards the 0.030 line OR reading back down to the very crucial support at 0.0116. Right now, I am very bullish on, especially with many other coins XMRBTC forming right now a bigger double bottom, I see it definitely breaking the harsh downtrend and continuing past the 61.8% fibs line. Nevertheless, I will watch it closely and would expect it to go down to at least the 78.6% fibs line and see what it is doing there. I would suggest getting a big bag of XMRBTC at UNDER 0.0175 to 0.016 - lets see what happens. Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins. Fell free to request TA for ANY coin you are interested in!!! Cheers, Tomas
Long
by KongTrading
1
Monero to make first UP run ! step up to the plateGood day trader enthusiasts, I am the real Johny Button the Elephant hunter and i have a nice scenario to share, Looking at Coin Market Cap the crypto market cap has hit equal lows for this year at 245 ish billion. Thats a support level, and if the market sways this will break and plummet...but i have a good feeling this wont happen, as the industry news is positive, institutions are coming in, and SEC is working so this can happen. . . everything is positive in the world, the revolution is about to get started Im feeling. So looking across all majors, Monero xmr is making some moves to the possible upside. It has triggered some indicators: 1. Made this triangle / wedgy thingy (white lines), tagged 3 times the lower support, 2 times on the top resistance 2. On this last dip the past 2 months we have broken some key resistance (pink lines), making a ABCDE, which made this 3rd tag on this lower larger support (white line) 3. come to a critical test point . . . the 21EMA (blue line), and the previous high. 4. MACD looks good as being oversold, showing 3 down waves, and crossed over for an up move 5. RSI has risen to the good level of a climb signal So if we break the 21EMA and this last high it means that the last people that bought at this high (before the recent dip in the last days) will either want to cash out and break even, or stay in as new buyers join the race. This second scenario means the public thinks it is time to rise. That will mean a drive up to the 55EMA (white EMA line), to test the C wave level next . . . and if that breaks we will make a tag to the large upper resistance of the triangle wedgy thing . . . and if that break we will keep playing the test level game. Optimistic? So there you have it, lets start at the first point and see if this level breaks. Monero is a market leader i find in these market dip situations. i dont know why right now, but i see it make first moves in the past before btc, and before others, which means i am watching this carefully to see what pans out. As for buying i will wait a while to see if my 21EMA level and yellow line break before entering anything. First swing for that wave C level at that point. Yours sincerely, Johny Button
X
by johny_button
4
A trading opportunity to buy in XMRBTCTechnical analysis: . MONERO/BITCOIN is in a downtrend and beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. Trading suggestion: . The price is in a downtrend and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.0181 to 0.0170). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0181) Ending of entry zone (0.0170) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0200 TP2= @ 0.0211 TP3= @ 0.0224 TP4= @ 0.0232 TP5= @ 0.0249 TP6= @ 0.0262 TP7= @ 0.0273 TP8= @ 0.0304 TP9= @ 0.0320 TP10= Free
Long
by ForecastCity
A trading opportunity to buy in Monero ...Technical analysis: . MONERO/BITCOIN is in a downtrend and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. . The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. Trading suggestion: . The price is in a downtrend, but we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.0210 to 0.0200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0210) Ending of entry zone (0.0200) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0224 TP2= @ 0.0232 TP3= @ 0.0249 TP4= @ 0.0262 TP5= @ 0.0273 TP6= @ 0.0304 TP7= @ 0.0320 TP8= @ 0.0356 TP9= Free
Long
by ForecastCity
1
A good opportunity to buy in Monero, let's hunt it togetherTechnical analysis: . MONERO/BITCOIN is in a Range Bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.0235 to 0.0224). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (0.0235) . Ending of entry zone (0.0224) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0250 TP2= @ 0.0260 TP3= @ 0.0273 TP4= @ 0.0304 TP5= @ 0.0320 TP6= @ 0.0356 TP7= Free
Long
by ForecastCity
1
xmr-btc It's that time again - whale migration seasonXMR is a good cryptocurrency with strong community. When i have a few bucks laying around, I add small amounts of XMR to my portfolio. I've been mining it for quite some time now. Respecting a crypto for its tightly knit community and trading it is completely seperate things however. XMR has a peculiar habit to revisit its very bottom support line. It's happened twice before and "I believe" it will happen again. Very soon. My trade strategy for the next 3 months: - Wait if it dips below 0.013 btc - Rack up buy orders between 0.0120 ; 0.0125 - Wait if price movent starts to stall anywhere between 0.021 to 0.023 and sell. - Rebuy at 0.0135 and ride it to the moon.
by zobitore12kote
3
XMRBTC , TP3 hit with 2961600 profit. NEW Buy Opportunity...MONERO / BITCOIN New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. *There is possibility of temporary retracement to suggested support line (0.026) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 6 BUY trade(s) @ 0.02503900(day close price) based on 2-day reversal candle (2-day Hammer ) at 03.28.2018 . Total Profit: 2961600 Closed trade(s): 1008300 Profit Open trade(s): 1953300 Profit Closed Profit: TP1 @ 0.0270 touched at 04.18.2018 with 196100 Profit. TP2 @ 0.0278 touched at 04.18.2018 with 276100 Profit. TP3 @ 0.0304 touched at 04.20.2018 with 536100 Profit. 196100 + 276100 + 536100 = 1008300 Open Profit: Profit for one trade is 0.03155000(current price) - 0.02503900(open price) = 651100 3 trade(s) still open, therefore total profit for open trade(s) is 651100 x 3 = 1953300 All SLs moved to Break-even point. Take Profit: TP4= @ 0.0320 TP5= @ 0.0356 TP6= Free Technical analysis: Monero/Dollar is in an up trend and Continuation of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. Relative strength index ( RSI ) is 70.
Long
by ForecastCity
#XMR - Buying a ticket to ride #BTC #Monero XMR/BTC // MONERO // BITCOIN I caught the short opportunity on the way down just a few weeks back. Decent gains. Still, I have been more interested in the sure-to-follow leg up. Looks like the time is near. I will enter a long position X.MR / B.TC. Entry will be in or around the bottom of the Kumo cloud Setting stop losses very tight - see chart. If triggered, I will reenter below after it settles down. A few notes on the setup: 1. Completed Ichimoku edge-to-edge. See my previous post. This was the short opportunity. 2. C-Clamp is extreme. Strong sign of reversal. The Kijun and Tenkan have drifted quite far apart. No doubt this is a sign of reversal. Signs are not guarantees, but I like this one. 3. Weak bullish divergence. Can also identify a bearish divergence. Disregarding both (not shown, but found on shorter tf - 12 hour) 4. RSI is not bullish, but should act as confirmation of an uptrend once the midpoint is crossed. See X.MR histroically. Look at X.MR historic performance at the moment this point is breached. DYOR. Not financial advice. Good luck.
Long
by nycgrowler
XMR forming double top on short term rangeDear trading friends, Monero chart have formed a double top pattern on the 1H candle chart : * High volume entry 02th March * Double top at 32898 * Pullback at 30317 While the coin has been quite bullish since March 01th, the bullish trendline was broken (at least briefly). I see a shorting opportunity here in case the double top pattern completes. With an entry zone at 30355, the target would be 27772, stop loss at 30730. Please feel free to comment and let me know if you share this or any other idea :)
XShort
by Greenou
Is Bitcoin correcting like it did in The Spring of 2013? This is a quick sketch of a thought: What if Bitcoin is correcting like the bubble of Spring 2013 instead of the subsequent one in November? It's tough to say if we'e reached bottom yet. However, if we are indeed following the pattern of the last Block Reward + Bubble era then this era will have the Bitcoin price recovering from this correction over the next few months and then leading to a bull run possibly up to $100k/bitcoin before we see a possibly year long (or more) correction.
BITSTAMP:BTCUSD
by You23
43