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
Xmrlong
XMR/BTC 4H Ichimoku and chart pattern align for a move!XMR/BTC looks like it's getting to the end of the ascending triangle pattern it has been forming for the last week.
The Tenkan ( Yellow line ) also broke through the Kijun ( Dark blue line ) just a couple candles back and if it breaks the upside of the pattern the next real resistance is 20% to the upside at 0,008 ( Horizontal dotted line ).
If you like my ideas and the work I do, please check out the links in the signature ;).
Major Monero Discounts Could Happen! (XMR)Everything on monero continues to shoot green from the Crossover strategy and the ema dots.
We still sit below a very key level of resistance in an expanding downward channel with lower lows and lower highs being formed. Until an actual breakout you still have no bulls confirmed!
I am a big fan on monero and I personally would love to see it reject off resistance and dump for one more major selloff for unbelievable discounts.
If this happens I will add a large position at the next low or on the Resistance breakout if we decide to push upward.
Best of luck to you all.
🥇MLT | MAJOR LEAGUE TRADER | FULLTIME TRADERS
Privacy Is Shifting. (XMR)I love monero ❤🥇❤🥇❤
True Cryptocurrency that plays a critical role in what it stands for.
💰 Let's check up on the price action of this one.
Wave 1: The selloff, the distribution of coins.
Wave 2: The accumulation of support.
Wave 3: The Resistance for controlled accumulation.
We are squeezing sideways as the pennant pattern is forming.
*As this pattern squeezes we will see a decision in which way the market wants to run on a breakout.
(Similar to how price broke down on btc back in November of 2018)
I'm not saying it will result in same results, I'm showing you how compression decide critical moves for trend changes)
These are key areas where you want to play for a major move.
The full compression of range could be controlled for another 6+ months, our first major sign is aw we see the weekly shoot to hit wave 3.
But one major observation I'd like to notice is what i titled on chart as "Final Shakeout"
That selloff could of been the final selloff in a stop hunt.
It was a major quick crash that scared buyers to force them out of their positions.
That can be called the final capitulation.
You are noticing as prices get low on altcoins they try to flash the market to force the buyers out of their positions.
I believe we could be in very early stage of the major multi year alt cycle.
But I also take into fact that the compression could last another 6+ months if wave 3 can hold.
What we like to look for on longterm entry is a doji compression off S&R Levels for trend change,
So technically this is a late call to buy now.
If you wanted to buy now you would hunt for an edge play in the market to push up to the next level of price in a lower timeframe.
Hope you enjoyed, have a blessed day!
MLT | PRO TRADERS 🥇
XMR / My (biased) review of Monero (XMR) - HODL!This is not trade advice.
I am completely biased.
I started mining monero 1-2 months ago, actually after a virus infected my computer with an XMR miner and it led me to investigate it!
Crazy story but I fell in love with this coin. It has EVERYTHING i believe a cryptocurrency should be.
Key points on this video:
xmr
- history
live since 2014
10x potential from where we are now
compare to btc we are 2x from its peak
- whitepaper
xmr is the "anonymous cryptocurrency"
untrackable, untraceable by design
tx fees are low (lower than eg XRP)
tx speeds are high (much higher than BTC!)
security is bulletproof
- decentralized
cpu mined, asic resistant (everyone can mine)
as monero is growing - it is becoming MORE decentralized (many other coins incl BTC are becoming MORE centralized)
51% attack "immunity"
adds to its anonymity and untraceability
- usage
replace XRP for cross-border payments (lower TX fees, faster TX speed)
>> XRP has ripple company behind it doing bizdev, XMR is community controlled
anonymous store of value
anonymous payments
privacy and security #1 coin
blockchain (cryptonight) lead developer for all other cn-based coins
- value
has held value better than other coins
great mining community
mining pools that mine other coins when xmr value dips below them in hashrate/ratio, to continually pump xmr value
dropped less than most other coins including btc in march crash
was not premined (bitcoin, litecoin, monero, dogecoin are only major coins that were not premined)
- mining
block reward dynamic
block size dynamic
difficulty adjust every block
XMR 4HR Chart4HR Setup on Monero, XMR is looking great along with the rest of the Crypto Sector. 2020 Altseason back n kickin? Yes I believe so.
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
XMR WAVE 5 potential /quick swing trade74-76 Stop loss 81-84 TP on swing. potential to really move with the 5th wave of the elliot wave set up.
Please like and comment thanks stay profitable!
XMRUSD - The prospect of continued growth 20/02/2020Friends, support this idea with your Like and any Comment. Thanks.
I expect the completion of the correction for XMRUSD and the continuation of price growth within the framework of wave 5.
Trade entry, take profit, stop loss levels are available to participants of the SAV Trading Room.
You will find more trading ideas in SAV Finance community.
XMR/BTC TA Update (Bullish Inverse Head & Shoulder Pattern?)XMR/BTC
Monero is at the edge of completing the Right Shoulder of the Inverse H & S pattern. If price can break above 7660 sats,
Expect further upside movement as the market structure will turn from bearish to a bullish uptrend.
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.
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
XMRBTC | Potential 20% ProfitHi Everyone,
- Potential 20% Profit
- Broke of Wedge
- Strong Pump
| Rootselaar Crypto
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)
XMRUSD has formed shark pattern | A good long opportunityPriceline of Monero / US Dollar cryptocurrency has formed a bullish shark and entered in potential reversal zone.
I have defined targets using Fibonacci sequence as below:
Buy between: 81.23500000 to 79.22000000
Sell between: 83.88172959 to 88.81193575
Regards,
Atif Akbar (moon333)