XMRBTC
XMR - Big head and shoulders on MoneroLooking at the 30min chart for Monero, you can see the massive head and shoulders pattern outlined in pink. The price action is currently in a falling wedge on the right shoulder as it hits the neckline which would be its only saving grace. I've indicated some areas of support where the price could see a bounce if the pattern were to complete. There is some support now, so we'll see what happens.
[XMR/BTC] Overbought at ResistanceXMR had a ruge rally over the past week but it looks to be coming to an end. A bear div has appeared and price is testing strong resistance at near-ATH levels. This, combined with a big gap between the tenkan and kijun on the 6H ichimoku cloud suggests a pullback to at least the 50% retrace of the rally (kijun).
looking to short XMRUSD sooncompleted 12345 should see corrective pattern to follow in the coming days
also XMV airdrop on 30th of this month = money being dumped or money being trapped... don't be the latter
A Long-term Buy opportunity for #XMRBTC, let's hunt it together!Technical analysis:
MONERO/BITCOIN is in a range bound and resumption of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 42.
Trading suggestion:
*The price is in a range bound, but we forecast the uptrend would resume.
*There is possibility of temporary retracement to suggested support zone (0.0242 to 0.0224), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0242)
Ending of entry zone (0.0224)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.0270
TP2= @ 0.0278
TP3= @ 0.0304
TP4= @ 0.0320
TP5= @ 0.0356
TP6= Free
XMRBTC , TP3 hit with 2961600 profit. NEW Buy Opportunity...MONERO / BITCOIN
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is possibility of temporary retracement to suggested support line (0.026) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 BUY trade(s) @ 0.02503900(day close price) based on 2-day reversal candle (2-day Hammer ) at 03.28.2018 .
Total Profit: 2961600
Closed trade(s): 1008300 Profit
Open trade(s): 1953300 Profit
Closed Profit:
TP1 @ 0.0270 touched at 04.18.2018 with 196100 Profit.
TP2 @ 0.0278 touched at 04.18.2018 with 276100 Profit.
TP3 @ 0.0304 touched at 04.20.2018 with 536100 Profit.
196100 + 276100 + 536100 = 1008300
Open Profit:
Profit for one trade is 0.03155000(current price) - 0.02503900(open price) = 651100
3 trade(s) still open, therefore total profit for open trade(s) is 651100 x 3 = 1953300
All SLs moved to Break-even point.
Take Profit:
TP4= @ 0.0320
TP5= @ 0.0356
TP6= Free
Technical analysis:
Monero/Dollar is in an up trend and Continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 70.
XMRBTC , TP3 hit with 2961600 profit. NEW Buy Opportunity...MONERO / BITCOIN
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is possibility of temporary retracement to suggested support line (0.026) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 BUY trade(s) @ 0.02503900(day close price) based on 2-day reversal candle (2-day Hammer ) at 03.28.2018 .
Total Profit: 2961600
Closed trade(s): 1008300 Profit
Open trade(s): 1953300 Profit
Closed Profit:
TP1 @ 0.0270 touched at 04.18.2018 with 196100 Profit.
TP2 @ 0.0278 touched at 04.18.2018 with 276100 Profit.
TP3 @ 0.0304 touched at 04.20.2018 with 536100 Profit.
196100 + 276100 + 536100 = 1008300
Open Profit:
Profit for one trade is 0.03155000(current price) - 0.02503900(open price) = 651100
3 trade(s) still open, therefore total profit for open trade(s) is 651100 x 3 = 1953300
All SLs moved to Break-even point.
Take Profit:
TP4= @ 0.0320
TP5= @ 0.0356
TP6= Free
Technical analysis:
Monero/Dollar is in an up trend and Continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 70.
XMRBTC analyse, predictionNow we can fall to orange dashed line, but first we need to broke red dashed line. Then on orange dashed line we can break down to blue line or jump back. If we strike back on red dashed line, we can go to resistance. On resistance we can fall down or we can go higher(pink arrow).
Hope it helps. If you want you can write comment what you think.
MONERO: LESS THAN 24 HOURS. PROFIT = 10.58% !!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 22nd of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 10.58% PROFIT!!!
The increase in price may also be explained by positive developments including:
1. March 29: Monero 0.12.0.0 "Lithium Luna" Release/ This major release is due to the April 6th network update icreased the minimum ring signature size, sorts inputs so as not to leak wallet choice by inference, and slightly changes the proof-of-work algorithm to prevent DoS attacks by ASICs. It also presents a number of major improvements to Monero, as well as a large set of bug fixes.
2. April 4: 45 well known musicians accept monero as payment including: Mariah Carey, Slayer, Lana Del Rey, Marilyn Manson, Motley Crue, Sia and many others.
3. April 6: Existence of 4 hard forked coins which were airdropped to all Monero holders (XMO, XMV 0.25% , ZMR, XMC)
Analysis using the Crypto Bull/Bear Signal suggests the move may be in line with an increase in buying activity as a result of this news.
MONERO: BULL RUN = 22.55% PROFIT!!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 17th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 22.55% PROFIT!!!
The increase in price may also be explained by positive developments including:
1. March 29: Monero 0.12.0.0 "Lithium Luna" Release/ This major release is due to the April 6th network update icreased the minimum ring signature size, sorts inputs so as not to leak wallet choice by inference, and slightly changes the proof-of-work algorithm to prevent DoS attacks by ASICs. It also presents a number of major improvements to Monero, as well as a large set of bug fixes.
2. April 4: 45 well known musicians accept monero as payment including: Mariah Carey, Slayer, Lana Del Rey, Marilyn Manson, Motley Crue, Sia and many others.
3. April 6: Existence of 4 hard forked coins which were airdropped to all Monero holders (XMO, XMV, ZMR, XMC)
Analysis using the Crypto Bull/Bear Signal suggests the move may be in line with an increase in buying activity as a result of this news.
XMR - are we going up the channel to beat ATH?Hi everyone,
Monero is pleasing us.
It shows growth as it should have.
When it dips, it drops hard .. then it resurrects itself as allways.
I have published before my opinion on the growth Channel for XMR BTC - I was successfully trading within it.
I am curious, if it will show it's boundaries this time once again.
Did I mention the fork again? Yeah again .. they re-targeted the time to the end of April. Anyway keep safe here - buy the hype, sell the news. Now we are still bit in advance before the XMV fork. However unless You want to have XMV yourself, I would sell the XMR in advance.
(*regarding XMV - see note)
One of my trades will be bellow all time high.
However I will keep myself something for a new target and I will sell it only there.
Now it is consolidating bellow something of special resistance ... I noted this one already one cycle back .. and still it is there. What a bother :-D ..
Anyway .. I am rather cautious, so even though I think, it will grow up, I will not buy new positions, I will just target those, that I already have from the lows (and few from about 0.029).
Let see what will happen.
trade $weet!
--------------------------------------------
*XMV Note
who knows if XMV will be good for something or not. Anyway the community has reason to believe, that the hard fork will lead to the weakening of the ring signature protection by XMR to those addresses who will have the XMR and subsequently XMV on the same TX with the same history while doing the mixing.
So if You want the drop and you do treasure the privacy (I don't care that much) ... just make completely new WALLET .. send it there maybe from exchange - not from your wallet and whatever you have there send away again. Also - whatever you may think of Free Wallet (you don't own the private keys there, XMR is on theirs server wallet) - they had made the announcement that they will support the XMV ... maybe it might be good one time solution .. also one Exchange did claim they will support it ... not sure now which, so I don't want to mislead you, just google it :-)
Monero's growth channel + XMV fork before us ..and All Time HighHi people!
MONERO NEVER CEASED TO GROW in relation to Bitcoin .
In long term - it always growths in average speed characterised by a growth channel.
If I would zoom out, You would see that the channel is even more prominent than visible here (However it would be harder to discern the other important - present action)
I always follow this trend to adjust my price expectations. It is easy to follow, and it always paid of to me (especially in mid scale terms)
Or if I express it better - the price fluctuates very predictably around the mid trend-line (blue dots) - already from the year 2016.
By reasons not described here more in detail (analysis of growth in log scale) .. I may expect, that the growth will not cease - at least not till August (and price of 0.045). And maybe, maybe in this August we may see some change in this pattern. (Maybe I could make a chart about my thoughts on that subject?)... So for now, just watch it, whether I am right :-). (or just put this chart on log scale for a while and try to thing about the my lines from that perspective)
So my prediction here in short term?
The All time high ( ATHigh) - if it is breached the previous ATHigh we may shoot up to the second target, it is one scenario. .... I am not sure about that, though.
No idea now how strong will be defence of that price and how attractive will be the fork coming on 14th March.... and also an action on the bitcoin front.
Before that, NOW WE ARE in well published - small ascending triangle (hardly visible on my chart, I know, yet it is there if you zoom in), so I expect that - all combined together
- the attack on the price level of ATHigh is pretty much secured as a given thing and that should be our target one.
After that, whether we breach ATHigh price or not, we may see some mid term dip ... however, you know Monero, it will be not for very long :-).
So second scenario is - we secure the first target below ATHigh , we will fight the bears for a while, and limp down for a while. (depression from this fall should be smaller)
XMRBTC Testing All Time HighNot much to say here - 28k-30k sat range proves to be a tough resistance line, even after a nice pop middle/late last week. Volume way down on the current red daily is a good sign, even though the drop has been significant in the short term. I have ZERO idea how to draw a trend line on this, so we'll sit on the resistance lines and pretend we know what we're talking about.
Bull: Sky is the limit, but 30-32k sat range is going to require a great deal of volume.
Bear: Test 24k again, probably falling as low as 18k if it fails.
XMR-BTCThis trade is also gambling trade but keep maintain money management.
Buy lowest as possible.
Risk=Reward
Thank you
Monero large volume increase 4/17+4/18Large increase in volume of privacy coin XMR/Monero on the same day as the tax deadline in the U.S. and also the same day that the hyped privacy coin XVG/Verge announced their partnership with Pornhub. The price quickly decreased.
Short temporarily and Long soon after.
Who pays for porn in 2018?
Monero VS Bitcoin Support Levels To WatchAfter reaching the BTC 0.034 high, Monero started to correct downwards breaking below the 200 Moving Average, descending channel and the 38.2% Fibonacci retracement level. These are strong indications that the correction might extend further.
However XMR/BTC is already close to the first strong support at 50% Fibonacci and only break and close below it should result in further decline towards 61.8% Fibs at BTC 0.02, which is also a psychological round number.
It is yet to be seen whether Monero will be able to hold 50% or 61.8% Fibs, alternatively price could go even lower to test 76.4% level at BTC 0.016.
Happy birthday Monero!Coin of the day is Monero.
Monero (XMR) is an open-source cryptocurrency created that focuses on privacy and decentralization that runs on Windows, macOS, Linux, Android, iOS, and FreeBSD. Monero aims to improve on existing cryptocurrency design by obscuring sender, recipient and amount of every transaction made as well as making the mining process more egalitarian.
The focus on privacy has attracted use by people interested in privacy or even in evading law enforcement. The egalitarian mining process made it viable to distribute the mining effort opening new funding avenues for both legitimate online publishers and malicious hackers who covertly embed mining code into websites and apps. Monero is a popular coin for mining among mining pools and individual users, the team is constantly fighting against the monopoly on mining, which comes from ASIC producers.
Latest News
On April 6th, in an attempt to protect the cryptocurrency against ASIC miners, the altcoin’s developers completed the transfer to version 7 of Monero.
The motivation behind the latest upgrade meanwhile lies with hardware manufacturer Bitmain. In March, the Chinese company announced a new product, the Antminer X3, which was specifically developed to mine Monero.
Verge coin, one of Monero's rivals, lost a lot of value yesterday due to controversial news about the partnership with porn industry companies such as Pornhub. Despite the fact that this news is not bad but rather unusual, they clearly did not meet expectations of many traders.
Also, today is the 4-year anniversary of Monero today!
Technicals
After 6th of April XMRBTC sagged below the 0.025 level and went into lateral movement. Today the was picked up with the rise in volumes and broke above the 100-days EMA, which was serving as a resistance lately. The growth stopped at the resistance zone 0.0285 - 0.03. A breakthrough above this zone will be a sign of further growth. 0.0276 level and 100-days EMA should play a supportive role in the bullish scenario.
XMR | MONERO CAN SIDEWAYMonero can go up with support Triangle Pattern and MACD
In chart 4h We can see XMR dip with price cheaper
XMR can move create hand cup soon
You can buy a few and hold it
Buy order : 0.0235 - 0.0245
Profit
(1) 0.026
(2) 0.028
(3) 0.030
(4) 0.032
Stoploss : 0.0228
Goodluck everyone
Thanks
