$XMR/BTC 1D (Binance Spot) at SupportMonero at Support and Broke out of the Downward Trend Line
Current Price= 0.00424000
Buy Entry= 0.00390100 - 0.00424700
Take Profit= 0.00574400 | 0.00813900 | 0.01174100
Stop Loss= 0.00329700
Risk/Reward= 1:2.3 | 1:5.53 | 1:10.38
Expected Profit= +42.21% | +101.52% | +190.68%
Possible Loss= -18.37%
Estimated Gain-time= 4 months
use Maximum 10 % of the Account
XMRBTC trade ideas
XMR is ready for decent jump. What do you think? PM meThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry
Bitcoin, please give privacy a chance! Goverments hate privacy and empowering the people and that is Moneros biggest problem on the market right now.
"Seven developers were initially involved in creating Monero — five of whom decided to remain anonymous. There have been rumors that XMR was also invented by Satoshi Nakamoto, the inventor of Bitcoin.
XMR’s origins can be traced back to Bytecoin, a privacy-focused and decentralized cryptocurrency that was launched in 2012. Two years later, a member of the Bitcointalk forum — only known as thankfulfortoday — forked BCN’s codebase, and Monero was born. They had suggested “controversial changes” to Bytecoin that others in the community disagreed with and decided to take matters into their own hands.
It’s believed that hundreds of developers have contributed to XMR over the years."
coinmarketcap.com
"Monero and other privacy-oriented currencies have concerned regulators targeting illicit activities and money laundering. Exchanges in South Korea and Australia have delisted Monero and other privacy coins due to regulatory pressure. In September 2020, the IRS Criminal Investigation (IRS-CI) division offered up to $625,000 to contractors who can trace transactions or provide statistical probabilities that connect transaction data to specific users in Monero or Bitcoin's Lightning Network. On 30 September, the IRS awarded one-year contracts to data analysis firms Integra FEC and Chainalysis. "
en.wikipedia.org
"How Many Monero (XMR) Coins Are There in Circulation?
Monero is slightly unusual as a token sale wasn’t held for XMR — and no tokens were premined either. At the time of writing, the circulating supply of XMR stands at 17,703,471.
This cryptocurrency is designed to be resistant to application-specific integrated circuits, which are commonly used for mining new Bitcoin. In theory, this means that it can be possible to mine XMR using everyday computing equipment.
Overall, there will eventually be a total of 18.4 million XMR in circulation — and this cap is expected to be reached on May 31, 2022. After this, miners will be incentivized using “tail emissions,” with a small amount of XMR being fed into the system every 60 seconds as a reward. It is believed this approach is more effective than relying on transaction fees."
coinmarketcap.com
Good opportunity for holding this privacy coinXMR is a privacy-focused cryptocurrency released in 2014. It is an open-source protocol based on "CryptoNote".
XMRBTC - Long - Potential 13.65%XMRBTC - Long - Potential 13.65%
Entry- 4663
TP1- 4925
TP2- 5295
SL- 4297
- Trigger - Pullback
- BTC - Alts Recovering - Manage Trade As BTC Rejection Possible
- RR - 2
- Trailing Buy - 1%
- Trailing Profit - 1%
- Trailing Stop-Loss - no
💡XMR: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021📈#XMRBTC
➡️Entry: 4350 sat
🎯Target 1: 5230 sat
🎯Target 2: 5750 sat
🎯Target 3: OPEN
Crypto Rising ? Privacy concerns alsoWith the rise of the crypto World the privacy concern will follow.
XMR is currently not far from all time lows and I've rarely seen such a nice double bottom. The probabilities that Cup and handle will confirm itself soon are high.
Macd is quite nice showing us a good upward trend.
Rsi is not so low but last seats can stil be taken.
Trading plan would go as follow
Target : ,007100
Support / optimal buy price +/- 2% : 0,0044
Stop Loss : 0,0042
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XLMBTC possible breakout soonXMRBTC has been on a steady decline since October 2020. The momentum seems to be reversing. watch out for a possible breakout to the red Kijun line currently at a price of 0,00578 which would be a solid 40% profit opportunity.
Set TP/SL at these values
Stoploss - 0,00406
Take profit - 0,00578
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XMR/BTC poss. Reversal - High RiskYou can probably find better BTC pairs in small caps for quick gains, but I couldn't help but share this big double bottom / break about 200SMA XMR has pulled off. These are clear signs of reversal. The risk is that it will be short lived and roll over like the previous break above 200SMA. THIS IS A HIGH RISK TRADE, so I would wait for a confirmed break above resistance. Stop Losses are a must.
This trade will look a lot better if/when BTC Dominance starts to fall.
happy trades
CD
buy xmr/btc In the daily time frame, we can see the breaking of the channel and the downward trend line
Due to the good condition of the andrews pitchfork, we can set the first target as a 200-day moving average and the second target as the C line.
XMRBTC is testing daily resistance 🦐After a nice impulse, the price is testing daily support, and it's trying to have a breakout from daily resistance. IF the price will have a breakout upward and flip the daily resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
XMR - Lot's of gains left to made in XMRIt is currently retesting a strong support area. This could make for a great long term entry!
Long position IDEANot a trade advise
Hey guys! he is my analyse about this coin
as we can see we had a strong and nice test and retet ont the resistance and it also formed a double botton patern ( reversal indication)
another indicator that we had is the trend analise, as we see, we had a nice descend trend line and that line was broke
in this case we can probably set a nice long order with possible nice profit
any comments, any correction about my analyse, let me know
good trade to everyone
Crypto|XMR/BTC|LongLong XMR/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
The red zone - stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
Blue arrow - neutral scenario without activating the trade.
The red arrow - the direction of the stop.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
XMR Bouncing off Heavy SupportXMR dumped hard and its sitting on a huge weekly support. At the minimum I am expecting a retracement from the large move down. Refer to the monthly chart below. Also consider we are in a bull market so rallies can be irrational and further exceed our take profits, the exits posted below could be smashed through or honestly not met. Remember to use stop losses.
XMR/BTC 1M:
Expecting us to see a retrace to the 38.20% fib as a bounce of this strong support/resistance zone. At the least we see a bounce and if it has power behind it we can make it to the second 100% target. This is against BTC so would double up if played out.
64% from 50 EMA on Weekly
112% from 200 EMA on Weekly
xmr/btc is ready to flyas you can see xmr/btc is under the 200SMA and all take profit levels are mentioned.