MONEROXMRUSD
Broke long-term resistance line
Very similar to a diamond reversal pattern
or it can be just a symmetrical triangle
XMRUSDT
Bitcoin Vs Ethereum Vs Monero - Dream team 3 of 3All explained on the graph.
For more information on Bitcoin BTC and Ethereum ETH look here:
MONEROMoving in downtrend channel. Now forming rising wedge - reversal pattern. I thin k we will go to hell. And we will see price near support line of this channel until end of the year.
XMRUSDSee a good zone for calling in shorts
Expect a pullback movement
Monero is in an ascending wedge , most often such figures are triggered downwards
Move from the bottomIn my opinion if the price POLONIEX:XMRUSDT will hold this level we can see move up.
[Monero] Little Correction Before RiseMonero is ripe for a 4th wave correction to $110 levels.
I am buying during this wave because the 0.618 fib level is a maximum drop.
Finally a breakout?Monero almost finished the falling wedge pattern (bullish pattern).
Watching the trend line for a breakout.
xmrusdPossible break of a big falling wegde, also on the xmrbtc chart, the trend line has been touched and the price spiked upwards. A break of the correction trend would be a confirmation
MONERO: 2 situations..XMR has finished the second ABC correction and is now busy on the X wave or wave 1.
There are 2 situations:
Wave X:
XMR will gain 100%~ and will drop down further
until a lower low is hit; that will be $80~
Wave 1:
XMR will gain 100%~ and will drop 78.5% percent from wave 1 ($143~).
After that wave 3 will begin (Biggggg bull run)
Either way XMR will gain 100%~ from now. This is a great buy zone.
XMR: ReversalXMR has bottomed out and will reverse soon. Usually ABC corrections will go until the 0.786% fibonacci level (wave 4)
Purple rectangle is a safe buy zone.
XMRBTC (using Bitmex Cobra)Using Bitmex Cobra on shorter timeframes is very profitable! I used the 15min. for this one.
Percent profitable: 78%
Profit Factor: 6.9
Bitmex Cobra is a highly profitable trading strategy which can help to spot profitable trades as early as they occur or even before. With Bitmex Cobra you get trading signals right on the chart which tells you when you should buy or short the market. With Bitmex Cobra you are always in full control of your trading no matter how the market moves.
Check the List of Trades Tab as well to see past trades.
P.s. Bitmex Cobra is an invite only script with 2 day free access!
XMR. Rebound on 50 and 100%For a good price bounce we need a liquid price zone, which is $ 85-100. In this zone is not something that slows down the price drop, but you can trade rebound:
1) to the price zone of 120-130 $ (50%)
2) to the tsink zone of 160-190 $ (100%)
Strong buy opportunity. monero $XMRTechnically $XMR has formed 'falling wedge' on both against USD and BTC .
Fundamentally Coincheck is liquidating all the positions on people who still holds XMR.
Both are happening at the same time, this can't be a coincidence based on my personal trading experience.
Trade with care, remember to apply R&R rule on any circumstances to stay consistent overtime.
!!Disclaimer!!
*This is NOT trading advice, you are responsible for your own action.
XMRUSD - Inv. HVF - BEARXMRUSD - Inv. HVF - BEAR
- Orders set
- Low Vol
- Previous setup hit targets
Monero between S&RMonero (XMRUSD) made a recovery on Thursday after dropping for the past week.
Price is now in the middle between support and resistance areas.
If price rallies up to the $150 resistance, we can expect a reaction and a possible drop.
If price continues its decline, we can expect a reaction from the $100 support area.
Good Luck,
CryptoTrendline
XMR/BTCDuring this week, Monero hit the bollinger band's bottom part, therefore it is going to make a regulation when it becomes 25000 Satoshi. However, it is going to in the moment it hits the upper part of the bollinger it is going to provide another opportunity for buyers and later is going to rise again.
XMR/USDT,D, BITTREX - NEARING END OF WAVE 2?August 27th 2017 - December 20th 2017
Growth %: 211%
Growth $: $328.00
December 21st 2017 - November 21st 2018
Conservative Projected Growth %: 70%
Conservative Projected Growth $: $333
Currently bouncing off bottom support of descending triangle, coming into apex very soon. RSI showing signs of a reversal soon. Somewhat oversold at the moment. This could be because of the market movement as a whole or the regulatory status for privacy-centric coins such as Monero in different countries.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
