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Xmrusd

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
POLONIEX:XMRUSD
by UnknownUnicorn2319099
5
There is a trading opportunity to buy in XMRUSDMidterm forecast: While the price is above the support 26.05, beginning of uptrend is expected. We make sure when the resistance at 68.20 breaks. If the support at 26.05 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: A peak is formed in daily chart at 67.79 on 05/18/2020, so more losses to support(s) 60.05, 54.05, 44.00 and minimum to Major Support (26.05) 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 61. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (54.05 to 44.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (54.05) Ending of entry zone (44.00) 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 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= @ 60.05 TP2= @ 68.20 TP3= @ 82.15 TP4= @ 96.50 TP5= @ 120.95 TP6= @ 137.95 TP7= @ 168.70 TP8= @ 230.10 TP9= @ 298.90 TP10= Free
KRAKEN:XMRUSDLong
by ForecastCity
20
There is a trading opportunity to buy in XMRUSDMidterm forecast: While the price is above the support 26.05, beginning of uptrend is expected. We make sure when the resistance at 68.20 breaks. If the support at 26.05 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: A peak is formed in daily chart at 67.79 on 05/18/2020, so more losses to support(s) 60.05, 54.05, 44.00 and minimum to Major Support (26.05) 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 61. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (54.05 to 44.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (54.05) Ending of entry zone (44.00) 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 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= @ 60.05 TP2= @ 68.20 TP3= @ 82.15 TP4= @ 96.50 TP5= @ 120.95 TP6= @ 137.95 TP7= @ 168.70 TP8= @ 230.10 TP9= @ 298.90 TP10= Free
KRAKEN:XMRUSDLong
by ForecastCity
22
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 🥇
BITFINEX:XMRUSD
by UnknownUnicorn2319099
XMRUSDt AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. When breaking through and consolidating above 67, you can open a long with a target in the area of ​​73$ (9%) scenario will be canceled if we exit the local channel down Follow me on TRADING View, if you don't want to miss my next analysis or signals. Good luck. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate. Also open to your questions or suggestions(PM to me).Will be glad earn some money for me and you.
XLong
by trytofeelpositive
ALT.D / My view on ALTCOIN market. 2020-2025Made a reply in another thread answering my view on altcoins. Thought I might as well just copy/paste it for reference. ---------------------------- Without any doubts, I buy longterm: ETH, EOS, (BTC), XMR, XLM, XTZ, XRP I dont think I need to say anything other than I am 100% in on these. EOS and XLM still havent really proven themselves. They might die. But I am 100% in anyway. The others, have already proven a utility function and solved a major technological problem. They will be here for good. I'm putting my money where my opinion is on this. 100% of my liquid assets are crypto now. (I invest in tech companies and own founder stock otherwise, but thats the only other investing I do) $LINK I think LINK has potential but it is very inflated and overvalued/hyped right now. LINK has not actually accomplished much of its blockchain technology claims yet, but it seems like progress is going well, and its supported, etc. so its a good one to add to the list. It has good business development behind it also, partnering up with many other chains, and companies / agendas. $ZEC Some people might also like ZEC. I am on the fence. $REP $BAT REP and BAT are interesting as well. Utility usage and found a niche. any altcoin that has not found a 1) valid; 2) usable; and 3) niche - utility - will eventually disappear (go to $0). $LTC I'd also say LTC is a valid coin. Its basically bitcoin but faster tx speed, lower tx fees, and not much different from it (LTC is a BTC fork). $BCH, $BSV/$BC*/etc BCH is the other bitcoin "alternative" that I think has validity. The others I dont (BSV, BS* etc). However I dont hold BCH because it has a 51% vulnerability that is very very low. It could happen anytime. The only thing keeping it alive is MAD (mutually assured destruction). The miners who have over 65% control of BCH just dont want to nuke their own coin as the scam exit might not be as valuable as continuing to mine it/manipulate it. (ergo: BCH is WAY too centralized). $OMG $ALGO $DASH OMG, ALGO, and DASH are interesting to keep a watch on too. These are basically all the coins on my watchlist. ETC as well, but I have a love/hate relationship with ETC. I believed in it, and it burned me, so I'm staying away now. I also dont think ETC really matters anymore. ETH won that argument years ago. ETC doesnt have the ETH dapp chain either. Everyone is using ETH chain not ETC chain. ETC only exists because some purists cant let go of an old argument that they lost, basically, and I think thats childish and regardless of who is "right" and who is "wrong" (which isnt distinguishable in this case IMO),....let it frikkin go and move on with your life. #1 "altcoin" ofc is ETH. So much so that I believe before 2021 it will decouple from BTC and have close to (if not more) market share. Its not even really an altcoin anymore. BTC and ETH are "THE COINS". DISCLAIMER: I an an XMR miner. However XMR has solved every drawback of BTC and improved upon it 100x. If technical ability was the value of each coin, XMR would be worth 10 BTC. I believe, eventually, it will be. I will not sell a single coin lower than $250 right now, and after 2025 I wont sell a single one under $1k. If you are interested, watch this: www.youtube.com Its long, but watch it in background while you play or work. Its well worth it. It literally covers everything about BTC and XMR and future of crypto as valid currency. Monero Means Money (Monero=XMR). It is going to replace fiat and its already doing it in very niche markets.
KRAKEN:XMRUSD
by ezpi
4
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
KRAKEN:XMRUSD
by ezpi
3
Monero (XMR) the next destination can be $380The formation of Wedge: On the long term weekly chart the Monero has started the formation of a wedge pattern. Since then it has been nicely hitting the support and resistance levels of this wedge pattern. At this time it can be easily observed that after the drop of March 2020 even though the price action has hit the spike beyond the support but finally it is retraced back and re-gained the value upto 161%. But there are some certain bearish signals appeared therefore I am not expecting very soon break out from this pattern. If we take a closer look at the Bollinger bands indicator then it can be easily noticed that the upper bands of the bollinger bands is below the resistance of this wedge. If the price action will be reached at this level then the Bollinger bands won’t let the priceline of XMR to break out. And it will play a role of a strong hurdle, moreover after placing the volume profile on the complete price action moving within this wedge pattern if can be also found that the trader’s interest is up to $89. That is at the resistance level and above that level we have very weak interest of the traders. Therefore in order to break out we need to have the trader’s interest developed above the resistance of this wedge pattern. Here we have one more indicator that is very much important that is the point of control of the volume profile. This POC is at $48 therefore this point of control can pull back the priceline towards itself at any time but once the traders interest will be developed above the resistance of this wedge pattern then the point of control of this volume profile will be also moved up. And if that will happen then XMR will have more strong chances to have a powerful breakout. The combination of these indicators is showing weak bearish signals: If we place the stochastic and the moving average convergence divergence (MACD) and the momentum indicators then we can notice that this time the movement of the price action of XMR is different from the previous moves that the Monero has been making withing this wedge pattern. For example if we see in the month of December then it can be easily observed that 1st MACD turned weak bearish from strong bearish then we received the bull cross from stochastic indicator and then momentum also turned weak bearish and the price action turned strong bullish and reached at the resistance of the pattern. After that we can see that in the month of Jun 2019 the stochastic gave bear cross and the MACD turned weak bullish and the momentum also turned weak bullish then priceline of XMR moved down again and reached the support of this pattern. Then in the month of December 2019 we can again observe that that MACD turned weak bearish and the momentum was already weak bearish and in the month of January finally we received a clear bull cross by the stochastic indicator then again the priceline started strong bullish rally and reached up to the resistance of this wedge. Then again in the month of Feb 2020 the stochastic gave the bear cross and the MACD also turned weak bullish and at the end of March 2020 the momentum also turned weak bullish then priceline drpped down and reached at the support. So these moves are showing that the movement of the XMR within this wedge is very much synchronized with the signals of these 3 indicators. But time if we take a closer look at the movement and these indicators then we can notice that 1st the MACD turned weak bearish and the stochastic also gave the bull cross but so far the momentum indicator is ignoring these bullish signals of stochastic and MACD. And it is still giving the strong bearish signals. Therefore we cannot expect that the priceline will be reached at the resistance of this pattern to make an attempt for the breakout unless the momentum indicator will also be turned bullish. The support and resistance level: If we switch daily chart then it can be easily seen that after 17th March when the price acton turned bullish first it broke out the resistance level at $44 and then re-tested this resistance as support and after successful re-test the price action took another powerful bullish divergence. Then it faced some resistance at $58.42 but finally the priceline broke out this resistance. Now currenty the Monero is re-testing the previous resistance as a support at $58.42. After successful re-test of this resistance as support we will be confirmed that the priceline of XLM has finally broke out this resistance. Because this level has been working as a strong support and resistance level for the priceline of XMR since December 2018. Moving averages: If we watch the movement of the simple moving averages on the daily chart then after the strong bearish trend in the month of March the price action started the bullish rally. Then it has broken out all the simple moving averages with the time period of 50, 25,200 and 100. And after breaking out every moving average it has been re-testing the previous resistance of moving average as support and after every successful re-test the priceline moved up to break out the next simple moving average. At this time we can see that the priceline has broken out the 200 and 100 simple moving averages on one go. And now the priceline is retesting the 100 and 200 simple moving averages at the same time. Today a very strong bearish candle stick is appeared. And the 100 simple moving average is likely to be broken down and if the priceline will be closed below the 100 simple moving average then there will be more chances that it will break down the 200 SMA as well. If the 200 SMA will be broken down then the priceline can very easily breakdown the 25 and 50 simple moving averages. Therefore in order to continue the rally the 200 simple moving average shouldn’t be broken down. A very big bullish BAT pattern: Now I woud like to recall a very big bullish BAT pattern that is formed on the monthly chart. And we can see that since October 2018 the priceline has entered in the potential reversal zone of this pattern. We can also observe a very small spinning candlestick that was appeared in the month of March 2019 that was completely opened and closed below this potential reversal zone level. But in very next candlestick it was retraced back in this PRZ level. Recently again in the month of March 2020 have witnessed a very long bearish spike beyond the potential reversal zone. But in the very next candlestick the priceline has been retraced back in this PRZ level. The XMR’s final resistance level is $380 that is also in the Fibonacci projection area or the selll zone of this BAT patter. This is the Fibonacci projection of A to D leg. Therefore the price action once the price action will be entered in the potential sell zone then it can also make an attempt to break out the $380 resistance. So this bit bullish BAT pattern can produce upto 560% big gains. The Crab pattern saved the BAT pattern to be invalidated: In the meanwhile I would like to recall another harmonic bullish Crab pattern that was formed in the month of March 2020 by the price action of XMR. I have published this harmonic move in my post of 17th of March. And as per Fibonacci sequence of bullish Crab the priceline started a powerful bullish rally and produced more than 133% gains. This Crab pattern was the main reason that pushed back the priceline in the potential reversal zone of the big bullish BAT pattern that has been formed on the monthly chart. Conclusion: If the supports on the daily chart will be broken down then the Monero can start bearish rally on short term and mid-term. But on the long term the XMR can turn strong bullish at any time for up to 560% big gains and can hit the $380 long term resistance. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
BITFINEX:XMRUSDLong
by moon333