Xmr
XMR-USDT swing tradeWith XMR-BTC bottoming out and looking like a pre-pump, and BTC-USD still looking kinda bullish in the short term we can expect a bullish brakeout on XMR-USDT.
tp1: $295
tp2: $319
XMRIt is time to wake up privacy sector. There is some danger about btc pullback right in fornt of us if so I will close my trade with no hesitation. But if the sky is clear for btc i do expect privacy coins as true lagers to grind with btc up. while other shining stars take a rest while btc d goes up.
Monero XMRUSD - Cup and Handle + Rounding bottom +1000%- It is a right time to buy Monero, because of the cup and handle formation!
- Target is 1:1 fib trend-based extension - in next leg up, so be prepared.
- RSI is ready for a pump and once we reach all time high, we should accelerate in speed.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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The Future of AltcoinsMany folks have been proclaiming that alts are dead.
Despite this current wave of sentiment one needs to consider the following:
1. Exchanges have incentive to list altcoins.
2. Users have incentive to buy altcoins
3. Miners have incentive to mine altcoins
Why is there merit to thinking that BTC dominance will rise to 100%? Seems unlikely.
In my opinion the altcoin market will continue to grow at some percentage of the total BTC market. According to this chart
we could see a total altcoin marketcap in the 1-3 Trillion dollar range in just a short amount of time.
XMR/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
XMR daily analysisWell, crypto market is looking bullish in an overall looking, XMR had broken out of a big triangle, as we know this could end to a trend reversal ( pump ) or Trading range, and as we can see, we have had a trading range so far ( shown in the picture ); it makes a good situation for BLSH ( Buy Low, Sell High ), and also if we ever break out of this trading range, we will most probably have some huge spikes, so watch out for this one: two scenarios are drawn in the chart.
Stay profitable, best regards.
- Comment your opinions below.
XMR bat pattern and ab=cd 80% to 130% increase#XMRUSD
$XMR broke out descending resistance and hold above an ascending support.
to complete BAT pattern price can reach $478 and for completing AB=CD pattern price can touch $600 and more.
if price break down from ascending support this analysis will be invalid
XMR - Trend-Following Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
XMR is overall bullish and now approaching the lower blue trendline so we will be looking for buy setups on lower timeframes.
on H4: XMR is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, XMR would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
privacy until no privacystill going through the elliot wave introduction so the count may be wrong however xmr future does not look bad. with quite a few delistings, good dev responsivness to attacks, often algorithm upgrades to avoid asic usage and most importantly transaction privacy. sadly xmr.to has gone, possibly they accomplished their mission ;). some might think it is harder to buy monero than a year ago but that is why decentralized exchanges are around and localmonero that does not want kyc. for the moment taproot is being signaled, in a couple of months mweb on ltc. once people figure mweb is not a such a good thing or maybe upon activation - xmr could have good additional fuel for value increase in xmr/btc ratio. this does not mean xmr will consolidate until then. at this moment on lower timeframes a good oscillator reload is happening with some bullish divergence. it is possible to see the price hit 0.01 in a couple of weeks an then perform a corrective abc wave possibly making cupnhandlelike pattern. upon value flow from ltc to xmr if it happens at all but expecting it, this should be visible on ltcbtc/xmrbtc pair chart.
$XMR Monero moving fast higher!Monero Means Money
Private, decentralized cryptocurrency that keeps your finances confidential and secure.
Moving fast higher. If red lines break ideas fails.
Take some profits on the road up.
DYOR
Watch Monero Fly Very bullish from this tweet:
"COMIT just got finished building out the initial protocol for atomic swaps, a trustless way to swap between #Bitcoin and #Monero, and now a Monero dev just built out a trustless, decentralized way to "pool mine" Exploding head" -@sethforprivacy
See chart. MACD looks very healthy.
$XMR IS READY TO LUNCH 🚀💥Monroe has broken a long-term downtrend and Pulbeck has hit the broken level and is ready to move towards the price targets. In addition to this broken trend, it can be said that in the weekly timeframe, Elliott is at the beginning of his third wave, which can touch high targets in the long run.
I hope you find this analysis useful🌹
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#DYOR