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Xmrusd

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
Don't miss the great buy opportunity in XMRUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (60.0). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XMRUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 69. Take Profits: TP1= @ 71.70 TP2= @ 81.70 TP3= @ 96.90 SL= Break below S2
POLONIEX:XMRUSDLong
by ForecastCity
16
Don't miss the great buy opportunity in XMRUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (60.0). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XMRUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 69. Take Profits: TP1= @ 71.70 TP2= @ 81.70 TP3= @ 96.90 SL= Break below S2
POLONIEX:XMRUSDLong
by ForecastCity
24
Beautiful Trade Opportunities for Monero in Ascending ChannelMonero is in a beautiful ascending channel here. We can see the price oscillating very heavily at the moment. Such volatility is fantastic for traders who want to get several or more scalps in. You can trade a long position every time the price gets near the bottom support line, which will give you a great risk reward given the overall bullish trend of this channel. On each trade you can aim to get around 1-1.5% profit, and repeat as often as you can until the pattern gets invalidated. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
XLong
by Trading-Guru
4
XMR - More upside coming?One of the few crypto projects I like and I think doesn't look bad on HTF. XMRUSD pair laying on the support trying to move higher - XMRBTC pair formed some sort of rounded bottom on monthly (I'd prefer to long this pair if to choose out of 2). But before trade this, I'd like to see that it will be able to reclaim resistance (red area) first. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
XLong
by Bitduke
1
Support and Resistance Based Trade Set-Up for XMR/BTCHey all, here’s another entry on my tradingview series called 'Quick Updates'. In the chart you can find a nice and clean trade set-up based on support and resistance --- What is The Quick Update Series All About? --- I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. If you want to learn more about how to place your limit orders including entry, stop-loss and take-profit, check out: Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
XLong
by Trading-Guru
XMRUSD forming bullish Shark | A good long opportunity aheadIn my previous post of Monero with Bitcoin pair we have seen that on 3 hour based chart the XMR with Bitcoin pair was forming bullish BAT then finally as per prediction the priceline entered in buying zone and and hit the sell targets. Formation of new Shark pattern: Now again on short term hourly chart the price action of Monero is forming bullish harmonic Shark pattern like some other top 10 alts and soon it will be entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic Shark pattern should be: Buy between: $52.91 to $52.45 Sell between: $53.37 to $54.36 Stop Loss: The potential reversal zone area which is up to $52.45 can be used as stop loss in case of complete candle sticks closes below this level. Possible profit and loss ratio: As per above targets this trade has the profit possibility of 3.64% and as per above mentioned stop loss, the loss possibility is 0.88%. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
BITFINEX:XMRUSDLong
by moon333
MoneroStock Symbol: XMRBTC Opportunity for long bull cycle on the monthly. Tight compression after huge amounts of downfall. Like I said previous on monero I'd be adding to this position.weekly is showing crossover to the upside. Let's walk with it. True privacy coins hold the most value. Monero is one of my top 5. Diversify and use 5% stoploss ---------------------------------------------------- We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal. Use Promo Code: FIRST100 to receive $50 off of your course! First come, first serve / Code valid for first 100 buyers. Normal price $99 --------------------------------------------------- Thank you for your continued support, God bless you though these times. - Major League Trader
XLong
by UnknownUnicorn2319099