Monero Reversal SignalXMR gives us today a small recovery signal, maybe a trend reversal is likely to happen.
We need to start to focus more on the market, soon the bulls may come out. we need to be ready
Have a great weekend. I will continues my exploration for new signals. Let's see... what will be
XMRETH trade ideas
0.12 is a possible target for a Long trade.Here are some key levels from weekly and daily timeframes.
2 trendlines have been added.
What is the BEST performing cryptocurrency of this Bear Market?I am sure that someone could point out some obscure POOPCOIN with a price of 0.00000000000001337 that has had some meteoric rise recently but among the BLUE CHIP cryptocurrencies that are well established, well capitalized, and have proven use cases Monero BITFINEX:XMRUSD continues to outperform both Bitcoin BITFINEX:XMRBTC and Ethereum BINANCE:XMRETH for 2022. I have been talking about this for months trying to let people know.
The contrarian in me loves the fact that everyone is being willfully ignorant of this apparent sleeper.
ETH whales cashing out to XMR? Record XMR/ETH Volume on Binance!Interesting data. This pair has been bleeding for months and suddenly it rebounds with some SERIOUS volume! I haven't seen anything like this.
This is a great sign for Monero I think. A lot of people made a LOT of money off of Ethereum the past couple years. Naturally, when you make money your next goal (after the hookers/cocaine honeymoon period wears off) is to ensure wealth preservation and protection. In the cryptospace, there is no other asset focusing on user protection as much as monero.
I haven't traded any ETH for XMR (because I have very little ETH and I hold XMR already) but I will come back here to check in on this ratio perhaps.
XMRETHthis looks so incredibly good omg
perfect seller exhaustion
double bottom obv
bullish cfork started
fundamental hypewave narrative
xmr looks like itll outperform eth by over 100% from here soon
looks just like the atom eth chart before it pranged upto the .618 and started nuking again
putin and his cronies gonna pump the s*** outta this one
XMR Breakout tradeInfo on the chart.
For information on BTC volatility follow our BTC ROADMAP chart.
XMRETH something to keep an eye onMonero is about to test a furiously tested earlier support line. If we see a legitimate bounce we can go long. We also should keep an eye on that triangle breakout to go higher.
BINANCE:XMRETH
Posibile dirty long term position on XMRNo need for many words on this.
It's like live die repeat.
If the latency ONLY I noticed confirms, you will get rich... or, as always, poor trying.
BUY MONERO, ETH on the BORROW - CCI addedTechnically. XMR/ETH broke above bull flag resistance and has tested to trade below but failed on multiple occasions.
In terms of relative strength amongst the cryptocurrency sphere, ETH has underperformed on the back of vulnerabilities within MEW but more-so likely due to a squeeze by market makers, takers, and whales.
With the sheer multitude of cryptocurrencies available for trading, its easy to lose focus on the underpinning fundamental foundation that cryptocurrencies, moreso BTC , were built on - anonymity, decentralization, and thus the currency of choice beneath the clearnet.While BTC remains the staple of payments for non-clearnet marketplaces, XMR has been adopted as the Mastercard of the deep web as it stays true to the fundamental framework of the cryptocurrency market.
TRADE SETUP: 5 to 1 risk:reward for longs BINANCE:XMRETH
XMR Longs at current levels with stops around the 0.27 figure and take profits around 0.3170 provides close to a +5:1 risk reward play.
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Buy Monero with ETH on the borrowTechnically. XMR/ETH broke above bull flag resistance and has tested to trade below but failed on multiple occasions.
In terms of relative strength amongst the cryptocurrency sphere, ETH has underperformed on the back of vulnerabilities within MEW but more-so likely due to a squeeze by market makers, takers, and whales.
With the sheer multitude of cryptocurrencies available for trading, its easy to lose focus on the underpinning fundamental foundation that cryptocurrencies, moreso BTC, were built on - anonymity, decentralization, and thus the currency of choice beneath the clearnet.While BTC remains the staple of payments for non-clearnet marketplaces, XMR has been adopted as the Mastercard of the deep web as it stays true to the fundamental framework of the cryptocurrency market.
TRADE SETUP: 5 to 1 risk:reward for longs BINANCE:XMRETH
XMR Longs at current levels with stops around the 0.27 figure and take profits around 0.3170 provides close to a +5:1 risk reward play.
XMR - Monero, Cup and handle delayed by market drop. Here is very simple, made it a while ago, so not gonna move my zones, Cup finished its formation prior to fork news. Further fork delayed to 30th April and market drop pushed XMR deeper than my previous buy zone. Nevertheless we are still there. For cautious trades, i would enter on the breakout. Risk and reward question. Careful with BTC movement
V2:T1_XMRETH_Long_UPTREND!Very interesting trade. Curious to see how it plays out. Daily and 2 hour chart shown.
Entry targets and stop levels shown on chart.
If you found this analysis useful or thoughtful Likes/Comments/Follows are much appreciated!
Disclaimer: Different data shown. |V1-T1 = Volume 1-Trade 1| Material is educational only. Trade at your own risk!
