XMRBTC trade ideas
XMRBTC dropXMR usd pair has done really well, but the BTC pair now looks in trouble. Weekly bullish engulfing candle with rejection of the RSI trendline. A fall under support of 6384 will send to 5230 followed by 4000.
bullish on privacy delistingif there is one thing worth fighting for in life, its privacy
longing this bottom channel when it hits, new world order and people will be craving the $xmr
XMR/BTC found bottom (?)After 500days sideways XMR looks like it starts to perform against Bitcoin,
could be a good sign for other fundamental strong altcoins.
💡Don't miss the great buy opportunity in Monero/BitcoinMidterm forecast:
While the price is above the support 0.00600, beginning of uptrend is expected.
We make sure when the resistance at 0.00815 breaks.
If the support at 0.00600 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
There is a divergence in RSI and price between the trough at 0.0064 on 2020-11-21 and the trough at 0.00625 on 2020-12-21, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
A trough is formed in daily chart at 0.00625 on 12/21/2020, so more gains to resistance(s) 0.00705, 0.00755 and maximum to Major Resistance (0.00815) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 49.
Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.00625 to 0.00600). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.00625)
. Ending of entry zone (0.00600)
Take Profits:
TP1= @ 0.00705
TP2= @ 0.00755
TP3= @ 0.00815
TP4= @ 0.00865
TP5= @ 0.00945
TP6= @ 0.01170
TP7= @ 0.01400
TP8= @ 0.01600
TP9= @ 0.01900
TP10= @ 0.02300
TP11= @ 0.02565
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💡Don't miss the great buy opportunity in Monero/BitcoinMidterm forecast:
While the price is above the support 0.00600, beginning of uptrend is expected.
We make sure when the resistance at 0.00815 breaks.
If the support at 0.00600 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
There is a divergence in RSI and price between the trough at 0.0064 on 2020-11-21 and the trough at 0.00625 on 2020-12-21, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
A trough is formed in daily chart at 0.00625 on 12/21/2020, so more gains to resistance(s) 0.00705, 0.00755 and maximum to Major Resistance (0.00815) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 49.
Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.00625 to 0.00600). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.00625)
. Ending of entry zone (0.00600)
Take Profits:
TP1= @ 0.00705
TP2= @ 0.00755
TP3= @ 0.00815
TP4= @ 0.00865
TP5= @ 0.00945
TP6= @ 0.01170
TP7= @ 0.01400
TP8= @ 0.01600
TP9= @ 0.01900
TP10= @ 0.02300
TP11= @ 0.02565
❤️ If you find this helpful and want more FREE forecasts in TradingView
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Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
XMRBTC Head and Shoulders Trading SetupPrice is making head and shoulders on 1 hour time frame
Buy the breakout above 0.0067 satoshi
XMRBTC - Historical low, best time to get in is now!Hello guys, this is a simple and effective short trade, XMR just reached its historical low, and it can possible have from 30% to 85% increase in Satoshis. Keep an eye!
XMR/BTC Binance Micro Trend Analysiswe have an obvious break upwards and now Monero sits back in what has been its most familiar trading channel for the last 1.5 years or so, between .008562 and .007501 BTC. yellow trend lines indicate current and previous micro-trend support and resistance, while the 3 red lines represent the channel i mentioned in the previous sentence. the thinner green line is what i consider secondary support, which matches nicely with the 33 day MA. there is still a lot of upward momentum so no reason to expect any major downward moves. i expect it to stay within the box and in the upper part of the channel until it breaks to the upside, or drops to retest that long-time support/resistance. either one will indicate a rapid move to the upside or downside, respectively. from a macro perspective, the thick blue line is rock bottom support stretching all the way back to the historical low, which has actually been slightly increasing every dip. we just finished testing that support and rebounded nicely. with current market conditions and the energy upwards, i see no reason for us not continue these nice and steady gains!
Monero entry and sell pointMonero just hit fibo levels, above 50 ma, good entry point. exit point will be around fibo 0.50
XMRBTC has strong bullish potential on this formationThroughout the whole year, every time XMRBTC broke above both the MA50 and MA200 on the 1D time-frame, the price rose by +9.50%, +27% and +60.50%.
When the MA200 broke last, we saw the strongest rises while then the MA50 broke last we saw the +9.50%.
This time it broke the MA200 last. Can it deliver a +27% or +60.50% rise?
Previous XMR signal:
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Monero/BTC Last obstacle before outbreak XMR is about to break its 200 moving average first time after six months. If the price closes above the line there is no serious resistance until 0.0094 which is %20 above the current level.
XMR/BTC showing a textbook wyckoff accumulationXMR/BTC seems to be in a textbook wyckoff accumulation that is close to breaking out. Monero has been flying under the radar during the past weeks while other cryptos have been rallying like crazy. The fundamentals of this coin are very solid. And now I think we will be seeing a nice rise.
Only BTC can prevent this with sharp drop or rise. So use stop-loss at all times.
The wyckoff fits almost perfectly.
i.ibb.co
💡 Don't miss the great buy opportunity in Monero/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0073). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Monero/Bitcoin XMRBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.
Take Profits:
TP1= @ 0.00782
TP2= @ 0.00815
TP3= @ 0.00865
TP4= @ 0.00930
TP5= @ 0.00997
SL= Break below S2
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Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in Monero/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0073). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Monero/Bitcoin XMRBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.
Take Profits:
TP1= @ 0.00782
TP2= @ 0.00815
TP3= @ 0.00865
TP4= @ 0.00930
TP5= @ 0.00997
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
XMRBTCXMRBTC
Buying around 0.00725 - 0.007
1 - 0.00746
2 - 0.00777
3 - 0.00797
Stop, fixing below 0.0069
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