XMRBTC trade ideas
XMRBTC (W): The XMR dragon could wake up and fly ...The long-term view of XMR shows a different picture. One might think that XMR is overbought compared to BTC. But we should keep in mind that XMR hasn't had a real ATH yet. XMR has developed rather slowly and organically. Accordingly, the development could continue and XMR could rise against BTC.
Let's see what happens. Happy trading. :-)
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XMR/BTC What to consider before you buy!If we mark out the daily range like so, we can see that we fell beneath the middle point of the range and are getting rejected so far, which isn't looking so good.
I wouldn't be looking for any buys right now, either wait until we hit the bottom for a possible bounce to the top, or if we break the middle point again and find support.
Now, it's worth noting that we bounced from the optimal fib zone, but since the higher timeframe is bearish, I think it's temporary. Still, if we break above again it might be worth looking for a buy.
Trade wisely.
XMR big shortterm move if this Fractal plays out.On the XMRBTC Pair, we can clearly see another shortterm fractal to form. My guess is we might enter the blue zone from the bigger picture earlier than anticipated.
In this shortterm view we can see how it starts.
Like If you appreaciate.
Feel free to tip so i can start doing this on a regular basis.
BTC 0.20% -0.90% / Bitcoin: 1GLr5xkEQonUBquXjLQWoxhT5BSxdTpkur
XMR Monero a quick inverse H&S long.*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY***
We just noticed abnormal trading volume increase on Bithumb. You can check it yourself on coinmarketcap.
Technically we are seeing an inverse head and shoulders chart pattern on 1D chart, which gives us 42% potential risking only 6%, the risk/reward is pretty amazing here.
We purchased a new self-made indicator yesterday to better visualize whale accumulation, the indicator is also showing bullish.
The only problem here is the lack of liquidity is preventing me to trade heavily on it. We'll collect as much as we can before breakout.
Monero XMR 17 % !!Monero Making Expanding Triangle if Price Dropped on the Support Level 0.015800 then we have a Long Position Opportunity.
we Can Place Sell Order 0.018500
Let See , What Will be Next Move.
I hope that Price can fly From Buying zone.
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Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
XMR LONG. WATCH THESE LEVELS Currently at Daily level of support, look to the lower timeframe price action for entry.
Good Luck from The TRADRZ Team
$XMR short set-up on PoloniexHeres my case for a short on $XMR/$BTC Monero a few moments ago. Price testing major resistance, bear trend on a higher time frame, bearish divergence apparent on oscillators. I give this a 55/45 favoring a move to the downside. I could be wrong hence risk management in place with a stop loss above resistance. Targets at support levels and 2:1 r/r ratio. Lets see how this plays out. Not financial advice, trading crypto carries a high degree of risk.
XMRBTC - buy it before its to lateMACD BULLISH!
TSI NEUTRAL!
BUY BUY BUY!
not much TA you need to do, just look at zcash breaking down even with potential coinbase listening, XMR is king!
XMR IS LONGXMR daily bullish trend, it is long.
Target 0.019--0.0195,
stop loss: ma6 day moving average