Hello everyone Today I was looking at crypto market valuation and the coin that really stood out to me was XMR (Monero). We’re going to have a look at XMRUSD, XMRBTC and finish it off with the XMRUSDSHORTS chart. This is why XMR is interesting at the moment! XMRUSD -So here the same thing as the other coins: we’re creating new lows since the big bull-run in...
Monero is on a downwards trend for the moment, however a reversal is just around the corner based on TA. Also, Fibonacci retracement shows a perfect match in the past, showing that the swings between the 2 support and resistance lines were indeed a valid trend. For the moment, XMR is testing the support, if it breaks it, it might continue to go down, but it wont...
Monero broke the support and continues south for good now. We shall see if it will bounce back any soon, but for the moment it looks gray. Let me know what you think of it?
WELCOME TO DACAPITAL TRADING!! XMRUSD just started moving as expected, quick Timeframe breakdown for free and everybody. 1 HOUR Strong bullish reaction after taking out 118.350 Key level 4 HOUR Bullish Closure above our main Trend-changing resistance Zone expecting further movement upside LEVELS BUY XMRUSD @ 124.940 SL @ 119.720 (4.2 %) TP @...
XMRUSD Bullish move start next target 200.
Double and triple bottom I have to wait for the ascension from here Supports: Red lines Trend Line: Blue straight line I guess, It will create a another little hill ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** PS make sure you give me a like, If you like this analysis ....
XMR/USD has found support near 20-DMA currently at 330.73. The pair has failed to close below 20-DMA on multiple occasions. Technical indicators have turned slightly bullish, we see scope for resumption of upside. RSI and 5-DMA have turned higher. ADX has not been supportive of the current downside. On intraday charts, the pair has held support at 4H 200-SMA, and...