XMR and XMRBTC various views
A turn in XMR seems to be in. Both the XMRUSD and XMRBTC are signalling a bottom.
Multi year support seems to be holding. (fake break below got bought up)
Tapped low end of VPVR. Movign back to 1.09B High volume node, and has unfinished business up until 1.5b mark.
Has been following fractal since early sept perfectly.
DeMark 1D: Perfected 9 and S13 triggered.
More DeMark analysis folllowing in posts below
DeMark on 2W timeframe XMRUSD:
2W Perfected 9 buy signal (the perfect 9 sell worked beautifully 18 weeks ago).
DeMark on 2W timeframe XMRBTC
Cluster of A13, C13, and S13.
DeMark on 1W timeframe XMRBTC
Perfected 9 triggered, on green 4 out of 9 currently.
Also really clean break and retest out of falling wedge. (see daily as well)
DeMark on 1D timeframe XMRBTC
Cluster of A, C and S13's triggered and active.
Move to 0.008 High volume node likely. Break and convert that, move to 0.011 next.
Xmrusd
XMRUSD formed bullish Shark | A good buying opportunity21 minutes ago
Priceline of Monero / US Dollar cryptocurrency has formed bullish Shark pattern and entered the potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 62.106 to 61.143
Sell between: 63.099 to 65.151
Regards,
Atif Akbar (moon333)
XMR/USD BUY SIGNALMonero bouncing off the support while ZCASH already showed a buy signals. Seems like these two are going up big time
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.
(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.
(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.
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 :)
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.
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.
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.
XMRBTC | Potential 20% ProfitHi Everyone,
- Potential 20% Profit
- Broke of Wedge
- Strong Pump
| Rootselaar Crypto
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.