$XMR has managed to push above the 200MA on daily! $XMR has managed to push above the 200MA on daily! Currently retesting the breakout + retesting the breakout of the symmetrical triangle.
Good place to re-entry - assuming Bitcoin does not go for a deeper correction, what i tend to believe right now. Stoch RSI has still room to go higher.
Overall a good setup for XMR that has stayed doormat while the other altcoins of this class had nice prolonged rallies.
XMRBTC
$XMR, Pushing up again with increasing volume$XMR
Pushing up again with increasing volume over ~746k sats level (EMA50 acting as support)
Looking good for continuation toward ~851k sats (13%+) w/ UCTS Buy signals on the 2/3D charts
#XMR
$XMR - Breaking Daily descending trendlineBreaking DownTrendLine
Retest Daily MA 200
Bullish Divergence
Altcoin market capitalization, correctional scenario conditions Hello fellow trader,
depending on the price action of the next weeks, this projection might gain increased likelihood.
Watch the next weekly candle closely, there is the possibility that it might shape an evening star candle stick pattern -> www.investopedia.com
At least there is a dojo candle, which is an indicator for a change in trend.
The price needs to retake the former support (orange dashed line), the longer it lingers underneath it, the less likely an upward breakout becomes.
At the moment we see a big wedge might be formed by the larger correctional wave.
This is just my bearish view on the price action, don't take this as a direct advice for your asset management.
Trade safe
Nik
🔥🔥🔥 Monero sure loves triangles 🔥🔥🔥Things appear to just really be heating up overall, volumes and such picking up, should have another strong leg up..
3 Altcoins I am currently pay close attention to ! With the BTC volatality increasing, trading altcoin could be risky. But if you find some altcoins have potential go up (or down), you can trade it with your own risk management method. Let me share with you the 3 alts I think has opportunity to go up in value in the next few days or weeks.
1. ChainLink
weekly shows up trend movement, price now above 20ema, my 2 confirmation indicator show bullish tendency but not confirm yet. Daily chart has confrmed bullish entry which I entered last night, lets see how it goes
2. Monero
weekly chart show Monero could rise from the ashes, double bottom patten, bullish volume increase significantly, indicators confirm the bullish entry( weekly candle close), I am looking for an entry soon
3. Ren
Ren/BTC I am interested in the daily candles, seems like a good bullish continuation trade for me, my indicators both confirmed the entry, volume is good, will entry today.
well thats all I have now, I will post my BTC analysis and my entry this weekend after the weekly candle closed. I am looking for BTC long term invest and short-term trade opportunity. If you like my analysis, like my post and leave comments. May the crypto market be with you.
$XMR, Retesting crossed resistance level at ~746k sats...$XMR
Retesting crossed resistance level at ~746k sats with increasing volume...
UCTS Buy signals active on the 1D/2D/3D charts..
If it bounce from here, flipping this level into support, then aiming for a new leg up with target at ~841k sats (15%)
#XMR
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
XMRBTCXMR just exited this huge falling wedge..
-Volume is huge and growing.
-RSI is in bullish territory showing a strong bullish div.
Just buy and be patient.. =)
XMR Monero is ready to boomXMR JET is almost ready, 30 to 70% easy Jump in Next couple of weeks.. Happy Trading..
XMR Still on track Seems my initial wedge prediction was slightly off and it was in a more traditional pennant, still very bullish.
Monero shows bullish signals. End of the downtrend for XMR/USDDear Ladies and Gentlemen,
As for EOS as for XMR/USD on the chart you can see breaking up of bearish trend line and signals from our momentum strategies for long trades are coming on the weekly chart.
We suppose it's end of bearish trend for XMR. There is begin of new accumulation for global upmove.
If this post was useful for you - please leave your likes and follow us on social networks! If you don't agree - write your vision in comments.
Best regards,
FOBS Team
Monero on the way to uptrendXMR slowly reversing. Pumped and dumped yesterday, which confirmed it wasn't ready for reversal yet, but time may come soon. Waiting for it at 6900-7000. Than we will see.
Bearish scenario - dump lower to 6450. Or even lower to the bottom of current trade range at 6200.
Bullish scenario - bounce above 6850 and consolidation above 7000. Not expecting it to grow fast, but slowly build the reversal.
XMR/BTC (idea 2), buy after retraceI posted an idea on this earlier, but this seems to be the more likely scenario because I do see some bear div on the hourly TFs, although it is possible both scenarios play-out.
This retrace could happen first and then the pump to 93xx.
These are just my own opinions and should not be considered financial advice, please do your own research.
XMR/BTC, BEARISH BUTTERFLY, 28% POTENTIAL FROM CPXMR/BTC is completing bearish butterfly pattern whih goes into our 0.382 fib resistance, 28% potential from cp, if you can get it cheaper before it hiits target, get it
I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH! These are just my trading ideas and opinions that I am sharing.
XMR 2020 AnalysisSince the new year broke, so too did the resistance that was holding down Monero (XMR). It has done some very impressive moves on the chart, whomever is the market maker is really having a blast with the volatility.
As you can see from my analysis, XMR is in an ascending wedge, and looks extremely bullish.
Points appear to converge on the short term around the 14th or 15th.
Should be a fun ride.
XMR/BTC Monero Break out?!XMR is testing a long term resistance wich started in 2018. if there is a daily candle closing above resistance I think it can take a journey to 0,01 BTC.
Mnero is a privacy coin and it´s nearly decentralized. When all the new people are coming into the crypto market and realize that all pubic blockchains are trackable they will search for privacy!
Monero is one of the best Privacy coins. The price never went down to all time lows as many other coins did.
It would be a really good long term entry if it breaks out .
* no financal advise :)
$XMR, Pushed and crossed over ~687k sats resistance...$XMR
Pushed and crossed over ~687k sats resistance level and now is retesting it on the Daily chart on a potential R/S...
If happens, then aiming for a new leg up with target at ~735k+ (8%+)
Crossed above EMA50, UCTS Buy signal on the 1D
Ton of room to grow from here..
#XMR
