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Xmrbitcoin

XMR ANALYSIS: BEARS IN CONTROLXMRBTC ANALYSIS: XMR has broken below the major moving averages and faces a small triangle. Typical triangles, such as the ones in this chart, can easily swing either way. Therefore, its best to wait for further confirmation. In this case, there is new resistance band at 200MA in the red box near 7100 sats. Its possible to see a quick wick up the resistance, where it is then rejected back down to support. Look to stagger short bids up to short term resistance block. The key profit points are T1 at 6860 sats, T2 at 6660 sats, and T3 at 6420 sats. There shows a heavy line of support and buyers near the support and I expect this to hold well. Signal is invalidated if XMR pumps above short term resistance. Possible Short Entries: 6950-7150 sats
XShort
by altchicasignals
1
XMRBTC formed bullish BAT | A good long opportunityOn short term 3 hour chart the Monero (XMR) with Bitcoin pair has formed a bullish BAT pattern and just hit the spike in potential reversal zone but there are chances that the XMR will give another change to catch it from the potential reversal zone of this pattern so we can wait and buy. The Formation Of Harmonic Pattern: Let’s take a look in to pattern’s dimensions to see how perfect this pattern is formed by the Monero. After completing the initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time from this area. Buying Method Using MACD And Stochastic For Secure Entry In Trade: At this time on 3 hour chart the moving average convergence divergence (MACD) has turned weak bullish from strong bullish and Stochastic has given bear cross therefore we can wait for the price action to enter in buying zone again and then wait for MACD to turn strong bullish again and stochastic give bull cross then place our buying orders this way can be secure for buying. The Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: 0.008265 to 0.008198 sats Sell between: 0.008428 to 0.008673 sats Stop Loss: The potential reversal zone of this pattern can be used as stop loss in case of complete price action closes below this level
XLong
by moon333
XMR ANALYSIS (LONG OPPORTUNITY INCOMING) XMR/BTC ANALYSIS XMR has bounced strongly off the double bottom inside support making this a clear breakout. XMR is showing a small bearish divergence after the recent 2 tops, therefore I expect a small correction down to the 200 MA and possibly dip below into the 7000-7200 sat area. Keep in Mind 200 MA is at 7250 sats about. These are points are key entries to stagger bids in. I expect a further wave back UP after this following the targets at T1 of 7800. Followed by T2 at 8210 sats, and T3 at 8490 sats. The volume has been extreme on the buy end, this final wave should crack the three targets and have a downward trend after. Therefore I do highly recommend taking profit at these levels! Possible Entires: 7100-7300 sats
XLong
by altchicasignals
Why volume is not always an indicator of valueAs you can see in XMRBTC the volume has been increasing steadily over the years, (possibly fake volume), this leads people to the conclusion that a lot of buyers are present when in reality price is steadily declining and care should be taken when choosing to invest. My conclusion is that volume has little to no correlation to price action, and analysis should be made using various other TI (linear regression, Fibonacci zones for example). First educational post feedback is nice.
XEducation
by Bixley
3
Is it the beginning of the end or the end of the beginning? #10Bear markets create strong cryptocurrencies. Strong cryptocurrencies create bull markets. Bull markets create shit coins. And, shit coins create bear markets... Since January 2018, It has been almost 2 years bear market! I know so many people has been keeping their zombie bags from 2017. Is there any hope? Yes, but not for most of them. If you are still really thinking that You can get quick rich by only learning trading methodology, buying all the altcoins, You will be regret here. There is no easy money in crypto… it’s all about working hard and trading smart. Knowing your win-rate is also the key! What about BitMonero or Monero? Due to its privacy features, Monero experienced rapid growth in market capitalization and transaction volume during the year 2016, faster and bigger than any other cryptocurrency that year. This growth was driven by its uptake in the darknet market, In the first half of 2018, Monero was used in 44% of cryptocurrency ransomware attacks! 2019 - 2020 ? I am not a Fundamental Analysis ( FA ) expert but I can easily say that It looks awful on technical analysis ( TA ) Strongly believe that I can find many coins on better risk & reward ratio. As long as XMR is below 0.01 BTC , it is not worth to keep for a long term. In the meantime, I already put over 14 $BTC buy order on alt-coins ( You already know it if you are following me on twitter . If you haven't yet, You should do it right away to catch great tips to make so much crypto profit ) . It has been the best time to accumulate right coins! It reminds me between Nov 2016 - February 2017. ( Around 0.005 BTC, i put my first buy order for it tho - At that time, I will be watching closely) PROTIP: Let me tell you the secret of crypto !!! If you want to get a lambo, trading/holding is not the only way! Not happy with results, Change your mindset! So,what should you do? -Be a part of coin projects -Be a part of exchange projects -Give crypto workshops -Follow me on twitter -Run a BTC ATM
X
by CryptoEngineering
XMRBTC hitting the support of wedge | A good buying opportunityPriceline of Monero / Bitcoin cryptocurrency is moving within a falling wedge and hitting the support of wedge and also hitting the bollinger bands support. Last time when the price action hit the bollinger bands support and wedge's support it produced more than 18% profit. But as the MACD is strong bearish and stochastic is in bear cross so we should wait for stochastic to give bull cross or MACD to turn weak bearish then buy. Volume profile of complete wedge is showing less interest of traders below the wedge's support. I have defined targets using Fibonacci sequence: Sell between: 0.00721235 to 0.00772725 Regards, Atif Akbar (moon333)
Long
by moon333
1
A trading opportunity to buy in XMRBTCMidterm forecast: While the price is above the support 0.01185, beginning of uptrend is expected. We make sure when the resistance at 0.01395 breaks. If the support at 0.01185 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. A peak is formed in daily chart at 0.01347 on 03/16/2019, so more losses to support(s) 0.01255 and minimum to Major Support (0.01185) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 57. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.01255000 to 0.01185000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.01255000) Ending of entry zone (0.01185000) 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 the 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= @ 0.01580 TP2= @ 0.01710 TP3= @ 0.01900 TP4= @ 0.02040 TP5= @ 0.02300 TP6= @ 0.02565 TP7= @ 0.03420 TP8= Free
Long
by ForecastCity
2
There is a possibility for the beginning of an uptrend in XMRBTCMidterm forecast: While the price is above the support 0.01185, beginning of uptrend is expected. We make sure when the resistance at 0.01395 breaks. If the support at 0.01185 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 48. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.01255000 to 0.01185000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.01255000) Ending of entry zone (0.01185000) 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 the 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= @ 0.01395 TP2= @ 0.01580 TP3= @ 0.01710 TP4= @ 0.01900 TP5= @ 0.02040 TP6= @ 0.02300 TP7= @ 0.02565 TP8= @ 0.03420 TP9= Free
Long
by ForecastCity
7
A trading opportunity to buy in XMRBTCTechnical analysis: . Monero/Bitcoin is in a range bound and the beginning of uptrend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 49. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.01279700 to 0.01210440). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.01279700) Ending of entry zone (0.01210440) 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 the 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= @ 0.01388900 TP2= @ 0.01479200 TP3= @ 0.01552700 TP4= @ 0.01632840 TP5= @ 0.01753490 TP6= @ 0.01922380 TP7= @ 0.02157680 TP8= @ 0.02393000 TP9= @ 0.02574855 TP10= @ 0.03152420 TP11= Free
Long
by ForecastCity