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Xmrusd

XMR UpdateLines and connections have been averaged on step-line over log for higher precision. Formation is confirmed (in blue) by multiple points, especially on the 'monthly' interval. The red trend line is unfortunately invalid, as the first peak created too much empty space, which is usually the number one cause for a formation to bust at the end. I used to like Monero until it busted a key support area (see previous chart) and so it's generally speaking a clear short until further notice . Technically there is some headroom for a retest towards 65 but ultimately you'll see another drop by the end of this month to the low 40's. So I'm dropping this ticker off my watchlist for a while as I will be focusing more on high-volume crypto tradables.
POLONIEX:XMRUSDShort
by UnknownUnicorn5323213
1
(XMR) Monero could be a good Call!Hi, Traders ! Monfex is on the air ! BTSE, a UAE-licensed cryptocurrency derivatives exchange, announced the launch of Monero (XMR) futures trading on its platform. * The exchange is considered to be the only one supporting XMR futures trading. It also announced that XMR Futures would provide investors with various payment options, while traders could also use it as collateral. * In general terms, Monero is regarded as a privacy coin because of its untraceable and private nature. A prompt comparison among the privacy featured coins shows that XMR takes the first place by market cap, total fees, and GitHub activity. * In terms of pricing, Monero is far off (down appox. 90%) from its ATH of $500, registered in December 2017. * XMR's market cap is now estimated at $965 million, while its trading volume averages at around $26 million, which ranks XMR 14th on the Brave New Coin market cap table. * Technically, Monero stays within a wedge and is currently closer to its upper band. At the same time, XMR's price is located between the two Fibonacci time zones, so we expect to see a significant (local) top (or bottom) by the end of the year. * Directionally, we incline more toward a Long shot with the price target area at $85 - $95 level. Mid-term trade signal Buy @ $50 - $60. Target: $85 - $95. Stop-loss: $48. Watch for our Updates to get real-time superior 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 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.
BITFINEX:XMRUSDLong
by Monfex
(XMR) Monero could be a good Call!Hi, Traders ! Monfex is on the air ! BTSE, a UAE-licensed cryptocurrency derivatives exchange, announced the launch of Monero (XMR) futures trading on its platform. * The exchange is considered to be the only one supporting XMR futures trading. It also announced that XMR Futures would provide investors with various payment options, while traders could also use it as collateral. * In general terms, Monero is regarded as a privacy coin because of its untraceable and private nature. A prompt comparison among the privacy featured coins shows that XMR takes the first place by market cap, total fees, and GitHub activity. * In terms of pricing, Monero is far off (down appox. 90%) from its ATH of $500, registered in December 2017. * XMR's market cap is now estimated at $965 million, while its trading volume averages at around $26 million, which ranks XMR 14th on the Brave New Coin market cap table. * Technically, Monero stays within a wedge and is currently closer to its upper band. At the same time, XMR's price is located between the two Fibonacci time zones, so we expect to see a significant (local) top (or bottom) by the end of the year. * Directionally, we incline more toward a Long shot with the price target area at $85 - $95 level. Mid-term trade signal Buy @ $50 - $60. Target: $85 - $95. Stop-loss: $48. Watch for our Updates to get real-time superior 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 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.
BITFINEX:XMRUSDLong
by Monfex_UK
Monero Technical Analysis - XMRUSD - 31%-404% Profit ExpectedMonero - XMRUSD - Technical Analysis - 31%-404% Profit Expected Don't Miss This Profitable Opportunity ... 4x - 5x Gains Expected. Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :) In a lower time-frame (4hrs) this long position has also been confirmed. Target Profit Range - 51 - 169 (31%-404% Profit Expected) TP - 1 - 51 TP - 2 - 74 TP - 3 - 100 TP - 4 - 124 TP - 5 - 147 TP - 6 - 169 Buying Zone! Long Position Early Entry Trigger Point - 36 - 39 Ideal Entry Trigger Point - 32 - 35 ***If you want to get in this trade from this point 60 you can still make 23% profit till TP2 is reached, however, there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly. Good Luck.! Disclaimer - This is not financial advice. This is my personal view and analysis of this chart. If you follow this idea please plan your trade according to your lot size and account equity. Don't forget to like, comment & follow , If you agree with my analysis :)
POLONIEX:XMRUSDLong
by Jaffery
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
MONERO BACK TESTING A TRADE STRATEGYMonero is one of many protocols that presented excellent opportunity for growth / savings in the last bull run. Using the strategy I came up with below there were opportunities to capture massive gains. Stacking crypto responsibly. (of course this is not financial advice) Apply 50% rule for purchases - purchase initial position using half the amount you want to invest - only ever purchase more if the price falls by 50%, using half of the remaining amount - you have an infinite number of times to purchase - apply the same formula to any new crypto position Apply the 10% rule for withdrawals - sell 10% if position does 100x - sell 10% (of the remaining 90%) if it doubles from there - sell another 10% (of the remaining 81%) if it doubles from there and so on - you have an infinite number of times to sell Specific example: - lets say you had $1000 to buy Monero in 2014 - buy 500 at $1.00 - in the next 15 months you would have bought 500 more at .50 cents - and 500 more at .25 cents - you now have 1500 monero (cost $875) - in 2017 you sell 150 at $50.00 ($7500) (100x your average buy price) - sold 135 Monero at $100 ($13,500) - sold 120 Monero at $200 ($24,000) - sold 109 Monero at $400 ($43,600) - now you made $88,600 by selling roughly 1/3 of your original $875 investment. - the remaining 986 Monero has roughly never been worth less than $50,000 and for a very short window of time it could have been sold for $493,000 in addition to the $88,600 you made along the way. I currently apply the same formula to DGB, ETN, XRP, ADA, XLM, RSR, MFT, MATIC, LAMBDA, PRO, ZIL, VET, and some other less known cryptos. Stack responsibly People should pay me for this course! ha! Do you think there will be many cryptos that 100x, 200x, or 500x in the next bull run? I think so. There might even be a 1000x in there somewhere.
POLONIEX:XMRUSD
by GJMRealEstate
4