XMRUSD: Downtrend 06.09.2020At D1, the cloud is directing downward, indicating a downtrend.
The price broke the uptrend line and divergence between the RSI and the price was formed.
At H4, the cloud is directed downward, which indicates a downtrend. In addition, the RSI has reached the oversold level, which indicates that the sharp decline will soon stop and the price correction will begin upward.
We recommend looking for sales in the direction of a downtrend.
Xmr
My Big Coin Picks for the future I just wanted to drop a line about a few coin picks that I really believe that will explode positive in less than a year. Of Course everyone knows that BTC and ETH are going to survive. But there are other coins that are going to just keep growing also. Examples are XOR, XMR, MKR and Band. ( Personal Investments ). They are great for the bullish trading. However, for when the Bears runs, make sure that you have some token sets.
My Biggest point in all of this, is that everyone needs to make sure that they are all set up by November.
After November, By the end of the year, I believe that many world governments are going to start to collapse.
Food supply everywhere is already getting destroyed, as well as many other things. Also Invest in Metals, like gold and silver.
. . . . Prepare yourselves, my fellow coin friends.
LLA
monero long resistance to resistanceath volume on binance for xmr, building up steadily for a year+ - doesn't appear parabolic yet for exhaustion on at least large tf
hugging 100 level above and below at times today and - sign of resistance weakness
100 level was touched 4+ times on yearly
broke both 2020-2 and 2019-8 highs today on volume for year ath, unbroken is the 2019-6
this completed forming the year wide double bottom & broke through
ascending triangle with break on volume
measured move for triangle is roughly at that unbroken level
measured move for double bottom is beyond that level so seems higher prob
level is inside blue channel
bull div on daily rsi
macd might cross (matters if people watch)
HH & HL
Not sure how it will react to Bitcoin moves, it handled well recently similar to Eth
3rd most developed coin today without centralizing premines and other unethical practices
afterward likely will backtest this level, midlevel, or yearly pivot
since overall crypto market is now in bull season i will only be taking long positions or staying out
the weakness of the level suggests even if doesn't break today should be back at it in weeks-months, but 4+ touches/breaks seems like a lot already
AEON ready to break out!? Bullish scenario. After an absolute punishing bear market Aeon might be ready to break out! It's bouncing off of the 21W MA and MACD looks good!
XMRBTC double bottomand penetrated the weekly cloud. If rejected maybe breakout is delayed and price will go through the ichimoku twist. 2x potential. 6282 is strong support.
Wait for the breakout.
XMRUSDT AnalysisIf you bought from BULL signal in the beginning of July, enjoy your 38.89% PROFIT that you made just in 1 month!
As of now, do not hurry to sell since there are two buy signals which are BULL & green cloud.
You can wait for EngineeringRobo's SELL signal to sell or wait for candle to open close below support level (87.65).
If you want to buy right now, since the risk reward ratio is higher than 2, you can buy right now.
But I always recommend you to follow EngineeringRobo's sell signals. If there will be a sell signal or if the candle open close below the support level (87.65), you can go ahead and sell it.
XMRUSDT ANALYSİSI have 4 positive signals. It broke the down trend line and the resistance line turned the support line ( $ 80.72)
ıf you hold this coin you can sell with Sell2,Bear or Hell signals.
If you want to buy this coin buy at new support level( $ 80.72) but dont wait so much watch carefully EngineeringRobo signal because the next step might be horizontal line and it means double stronger resistance line .
XMR.USD (Y20.P3.E1).Stalking Hi,
Waiting 1/2 a day to see what comes up and hence publishing 1 of those many opportunities.
On the 8 HRLY, XMR having a nice upward trend, aligned with the previous resistance and fib level for a nice entry setup and now waiting on a bullish candle, it ticking all the boxes.
Just the last bit needs to complete.
Cheers,
S.Sari
XMR: Breakout of macro pattern since 2019!!! There's a lot of hype around ADA, another privacy-focused coin right now, but I wanted to spotlight a MAJOR breakthrough for everyone's favorite currency for drug deals!
The descending channel that XMR has stayed in since 2019 has finally been broken! I've marked some previous major support/resistance levels as future targets. RSI is in overbought territory, so I expect the PA will retest the top of the pattern and hopefully not break through!
Who else has been hodling a few XMR over the years? :)
BULLISH ON PRIVACY! XMR-BTC 🔥🔥🚀XMR-BTC is looking quite bullish!
On the weekly, we broke a downtrend that formed in April 2019.
We are also at a recent resistance turned support around .007650.
Along with the other majors, XMR has not had a chance to make the explosive movements as other alts did during this alt cycle.
XMR has a 90% potential with targets at .009475 and .014800.
Let’s go Monero!