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XMRBTC

MONERO SHOWING SIGNS OF MAJOR POSSIBLE BOTTOM: XMRUSD The risk/return profile is very attractive with the current structure, as shown with the stop just under the current lows (with a daily close; manual stop) and a hard stop set (automated stop). The weekly chart below shows we are trading in the same range before the second half of the 2017 rally. Accumulation is represented when an asset displays demand consistently at a certain price level. This is clearly displayed in Monero at the $50 - $60 range. When one asset represents one type of behavior in its respective asset class, it is usually a good indicator for the entire asset class (in this case, altcoins, or even more specific, privacy coins). However, over the years I've learned it is better to focus on the trade structure of the asset you're analyzing rather than connecting the web that benefits your thesis (even if it makes a lot of sense). With that said, analyze each asset separately and determine a risk management protocol that works with the overall portfolio.
KRAKEN:XMRUSDLong
by Lanmar
3
MONERO vs BITCOINHi, there! Monfex is at your service and today we overview XMR/BTC . XMR near the resistance zone and MA200 also there. And this bullish movement in the last week has been support with a bullish divergence by RSI. A breakout of the key level with confirmation and consolidation of the price above it will be a good trade if this happens in the near future. For now Monero has a bearish divergence and this tell us to look at some sell position. And globally by Monero we have a bearish trend. Supposed Trade Signal by XMR/BTC Sell near 0.007260 Take profit ~ 0.006310 Stop loss at 0.007548 Market Cap $999 452 535 USD Volume (24h) $102 505 296 USD Circulating Supply 17 270 955 XMR Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
XShort
by Monfex_UK
Monero: a successful scalp trading is here! Hello, dear Traders! Monfex is at your service and today we overview XMR/USD . Monero broke the resistance line of the descending channel, but we have the key level for confirmation of a further growth ! XMR is suspiciously the most passive in recent time and now it starts to growth. The great resistance zone ~ $ 57 . This long idea also supports the positive volumes. Also Monero has a bullish divergence with realization of it and for now with the bearish divergence by RSI with influence of which can rebound the price to the $ 53.5 . But we remember about money-risk management and limit ourselves of possible losses! Supposed Trade Signal by XMR/USD Long with confirmation of breakout near $ 58.7 Take profit ~ $ 65 - 66 Stop loss at $ 56.1 Market Cap $991 836 816 USD Volume (24h) $147 798 879 USD Circulating Supply ~17 262 257 XMR Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
BITFINEX:XMRUSDLong
by Monfex_UK
Monero: prerequisite of a short-te Long position with 10% ProfitHello, Traders! Monfex is at your service and today we overview XMR/USD . XMR is suspiciously the most passive recent time, so there is a premonition that it will soon rise up at least 10% for a day. Also Monero has a bullish divergence by RSI. But we remember about money-risk management and limit ourselves of possible losses! Active Trade Signal by XMR/USD Buy near $ 52-50.7 Take profit ~ $ 57 Stop at $ 49.45 Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
BITFINEX:XMRUSDLong
by Monfex_UK
XMR Monero. No chances: Sell ag BTC !Hi, Traders ! How is it going ? Monfex is on the air ! Do you still hold Monero (XMR) in your portfolio ? If yes, than better hurry up with Selling it ag BTC. Of course, if you will find the arguments in favor of this idea convincing enough after reading our analysis. Just take a look at 1W Chart of Monero (XMRBTC): * The price is going down relentlessly without the slightest hint of upcoming bounce up or the short-term upward correction. * It became obvious for most market players that Monero is losing value too quickly and there is yet enough space downstairs in relation to BTC. * Technical indicators give just a little information since the downtrend is extremely persistent. * In such conditions, it is better to get rid of XMR as soon as possible Selling it ag BTC @ the level of 0.007 - 0.008. Watch for our Updates to get real-time superior signals! GOOD LUCK AND LOTS OF PROFITS !! If you agree with this analysis, then Like it and visit my page! This will be the best feedback and encouragement for me! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Short
by Monfex_UK