XMR (Monero) | 143%+ Potential Profits | FREE TRADING SIGNALPair: XMR/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Low
Introduction
Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on privacy and decentralisation that runs on Windows, macOS, Linux, Android, and FreeBSD. Monero uses a public ledger to record transactions while new units are created through a process called mining. Monero aims to improve on existing cryptocurrency design by obscuring sender, recipient and amount of every transaction made as well as making the mining process more egalitarian.
Technical Analysis
- Bullish Chuvashov fork
- RSI Bullish divergence
- Higher lows
- Good volume
Fundamental Analysis
- Hardfork (March 9th 2019)
Our Entry Zone
0.01200 - 0.01344
Our Targets
1: 0.01409
2: 0.01550
3: 0.01815
4: 0.02200
5: 0.02915+
Our Stop Loss: 0.01149
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DISCLAIMER:
Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due-diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page.
XMRBTC trade ideas
XMR MoneroSlowly but surely Monero is coming back. Weekly volumes turning good.
Don't think about fast gains in XMR but it's a Safe Long invest.
Buy now 12900ish or little less.
First Sell 14000ish.
if break up Second sell 16000ish.
Big resistance 17500ish.
Stop Loss 12400.
And as Always follow BTC trend.
Happy Tr4Ding !
#Monero $XMR just set a higher high in the uptrend against $BTC#Monero $XMR just set a higher high in the uptrend against $BTC. 15500 sat is likely the next level of resistance.
$XMR Trying to break out from Symmetrical triangle and crossing
UCTS buy signal on the 1D
Volume increased over the last week.
Both RSI & MACD rising
Breaking above the EMA50 with volume can trigger the trade with 1st potential target at ~15300sats...
#XMR
XMRBTCLots of activity this morning. If it breaks nearside resistance then it looks like the next resistance is the target at 13576.
A good bounce to clear 50 rsi which shows some good energy.
XMRBTC Risk/Reward 6:1This is an excellent trade to take up right now, the price range will soon breakout upwards.
OBV indicator has already broken upwards.
XMR is the most private asset in the world.
Be safe
XMR alternate BAT patternOn the chart you can see alternate BAT pattern with XA projection 1.13. First target for this pattern is 0.382 fib. retracement A-D and the second is 0.618. I chose 0.618 as a first target, because it´s the highest propability that monero found bottom. Second target around 40% and than hodl.
IF YOU WANT STOPLOSS, PUT HIM BELOW LOW.
Monero: Wait for limit priceXMR is accumulating capital in this triangle. Q2 and Q3 are gonna be awesome. This is middle-term coin.
Big or small rocket for Monero? [30-40%]This is only my opinion about Monero. Please do your own research.
Entry: around 1300 (at the bottom of the triangle)
Stoploss: You can set 2 stoplosses. If you want more to play you can put it below the lowest wick or underneath the triangle.
Takeprofit: Free! ( Possible 30/40%) I will take profit at different levels above (''14200.)
Goodluck.
