XMR - history repeatsThere's always demand in cryptocurrency for anonymous coins... and, well, XMR is the only good anonymous crypto. Should see nice gains over the coming year. Good luck, happy trading!
XMRUSD trade ideas
XMRUSD Bullish WedgeWith the altcoin slaughter that just took place, XMRUSD is still looking quite bullish, with a beautiful trendline going back to March. Current bullish wedge could break upwards as BTCUSD consolidates at a higher level.
MONERO - $XMR - Activated TOTHEMOON.exe and RELOAD BOSTER.exeWAVE 3 in progress! The best time to buy is now!
#XMRUSD: I'm LONG / BULLISH position. I expect that $XMRUSD will rise up.
This would mean that MONERO will gain more 300% of its current value against the DOLLAR.
What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION.
No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong.
If you want to win in this market, you need to be COLD and CALCULIST.
To the moon is too close, go beyond
Well, keep you updated as this timely issue evolves.
Good luck!
#CRYPTO $XMRUSD #XMRBTC #XMR #ALTSEASON2020
$BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP
#altcoins #bitcointrading #BuyTheFear #BuyTheDip
Expect a short move up trade on 1 hour chartPrice break through the down trend and retested.
Expect a short move up trade can call.
Target showing on chart , thanks and enjoy!
XMR falling wedge / Bull flagDon't see anything bearish, double bottom, RSI with plenty of room to run up, very strong support below and nothing but open skies above.
King XMR 11.6.20I have a really really strong "hunch" you can call it, that XMR is getting set up for a massive bull run. I can easiliy see it moving into the 200 dollar range very quickly. And why not? A bulletproof, at the moment, privacy coin that allows you to store wealth not only securely but privately? Cmon its so clear its not even funny. This one may even go on a Chainlink style run VERY SOON.
H&S forming on 1H chartIf the daily MA keeps getting rejected we're probably heading to $100.
In addition, RSI Bearish divergence and sell signal on MACD daily chart
Sell XMR Buy USDWeekly
Looks topish
T/P 84
S/L 138
R/R 2.22
Stoch sell signal trigger
MACD blue line convergence potential
Be Profitable
Monero Long Opportunity and Subsequent Short OpportunityHello traders !
We can see that price rejected 0.786 fibonacci level which nicely fits with a support trendline. I expect price to rise to -0.272 fibonacci extension level which also fits - this time - with a weekly resistance level. It’s farther then support trendline so I expect a fakeout there. You can also see the Elliot Wave Theory. We have 4 wave completed and we want to see the last one before A-B-C correction. This EWT nicely fits with a harmonic pattern. I expect price to rise to -0.272 fibonacci extension level and then a long downtrend. At the end of this ABC correction and harmonic pattern we should expect price to rise again.
Thank you for reading !
Monero headed towards $150Monero - Intraday - We look to Buy a break of 140.52
A break of yesterdays high would confirm bullish momentum.
Current prices have reacted from a high of 139.50, however, we expect further gains to follow.
Further upside is expected, however, due to the strong resistance above we prefer to buy a break of 140.52, which will confirm the bullish sentiment.
Trend line support is located at 135.40.
Daily signals are mildly bullish.
Our outlook is bullish.
Our profit targets will be 148.48 and 149.85
Resistance: 140.00 / 145.00 / 150.00
Support: 135.30 / 133.00 / 130.00
XMR vs USD Following a massive 320% rise since March there is now evidence to support a significant correction is very likely.
The facts:
1) The above 3-day clearly indicates a bearish divergence between price action and the oscillators.
2) Price action is constrained within a rising wedge = bearish.
3) RSI support becomes resistance (orange line) following the overbought condition (green column).
Can price action go higher? For sure - might touch $145
Is it probable we go higher? No. Risk reward is unacceptable.
Targets:
1st $96
2nd $75
3rd $57
10-day chart:
We can see MFI is very overbought (circled in black) @ a value of 91 - this is ridiculous.
Monero PivotingImpulse end, we are going down. Wave A what looks to be a leading diagonal. Look it up. One Fib Target in red, and none of this is financial advice. Godspeed
Long Term Monero OutlookMonero, looking healthy on its long-awaited uptrend.
In this 5-day chart, you can see it is in a healthy uptrend.
RSI is in an overbought territory, so expecting this to revisit some previous pricepoints to retest and confirm the trend, but long term, I could see XMR pass the $200 mark at some point in Q1 2021.
Previous breakout chart:
