XMRUSD trade ideas
The importance of Privacy (long-term analysis)~ Monero is a cryptocurrency that specializes in anonymous transactions.
Because of blockchain analysis, various darknet markets were de-anonymized and closed by authorities.
It's pretty clear that it is not safe to use Bitcoin for transactions that you want to be anonymous.
As a result, these markets and their users are steering away from Bitcoin towards much safer alternatives like Monero.
I believe Monero is here to stay, and with the current price of 80USD and a maximum supply of 17 million, I also believe this asset has serious room for growth.
~ What I expect in the long-term:
Price is threatening to close above the monthly 21EMA/yearly pivot point.
If price closes above the monthly 21EMA (~77), likely see a move to around 110-130 area and higher over time if price closes above that area
If price ends up reversing back below the yearly pivot/monthly 10SMA (~70-74) and open new candle below there, likely test the bottom of the consolidation over time (~40-50)
~ If you would like to see more, monthly, possibly weekly analysis please show your interest by following me/liking this post.
> This is not financial advice, I'm not a financial advisor. <
i like monero and monero likes mefollowing EW
50 and 200 day MA cross over but this seems to be consistent across the market.
want to see more volume but xmr has pumped on lower volume.
overall bullish.
not financial advice.
stay safe.
Monero Is The Second Coming of Bitcoin “Monero is what Bitcoin noobs think they bought, which is fungible, digital, sound money.” - Dr . Daniel Kim
Personally, I feel that Monero is what Bitcoin wants to be and is trying to be. As the crypto market matures we should expect Monero to take a permanent spot in the top 5 on market cap.
Monthly EMA ribbon & Daily MA 600 offer resistance to MoneroHere are some details. We are possibly in a Wave 1 for XMR. We are having a possible W formation on the weekly chart.
Short term i see a retracement...
Trap Zone for Fomo fishers : 89.60$ to 103.57$
Buying zone : 74.55$ to 56.77$
1st Target to reach 206.30$ at the 0.382 fib
2nd target to reach 306.81$ 0.618 ... (if o.382 fib confirmed a support on a daily close) (Counter trend rally).
XMR USD Looking Eclectic"A sense of joy" is what all scammers, frauds and other miners like me are calling the events of these past few weeks.
The possibility excist that XMR will be directly related to future tax rates. As theft thru taxes is increasing so will be those wanting to own Xmr.
$107.50 to $123.00 at a MINIMUM by Mid April, 2020.I've always been a big fan of Monero. WE NEED OUR PRIVACY in a similar way to CASH being PRIVATE. However, Monero is much better than Cash; in that it is DECENTRALIZED. This publication is labeled a LONG position for this LONG TERM analysis. Do NOT assume this label as a LONG refers in any way to any trades you may have considered in very short time frames. The lowest time frame we looked at in this publication was the 3-Day Time Frame.
$xmr taking a look for myselfwas going to just save a pic for myself but this is better as i can just make it mine later
interesting fi
SKY'S BLUE FOR ANON KING MONEROMonero is secure
Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe.
Monero is private
Monero uses ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destinations of all transactions. Monero provides all the benefits of a decentralized cryptocurrency, without any of the typical privacy concessions.
Monero is untraceable
Sending and receiving addresses as well as transacted amounts are obfuscated by default. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity.
Monero is fungible
Monero is fungible because it is private by default. Units of Monero cannot be blacklisted by vendors or exchanges due to their association in previous transactions.
XMR Bull-timeLooks to me like we could see XMR as a top 3 coin outperforming ALTS in the years to come.
XMR USD MONERO DOLLARIt's not always black and white, it's a million shades of grey.” As there's no right or wrong, it depends upon the perception of the person. There's a reason why we can't just judge something by what it's done, we must look beneath the underneath. Every act affects everything even if only indirectly. It's always been like that. All is subjective
MOST PROFTIBLE PATTERN - ADAM & EVE!! - %200 ROIChart says it allll
We got rejected at resistance, expecting some kind of retrace before full take offff
Good long term hold//
Symtricle triangle (bullish/bearish)
Adam and eve pattern in the making (bullish)
XMR Buy Signal Weekly IchimokuWeekly buy signal (solid green candle) through the ichimoku cloud has been a clean signal for monero in the past. I wouldn't be surprised to see $100 XMR by the end of March.
XMR - LongAnother coin I'm excited about is XMR, it appears to be completing a bullish bowtie diametric, which should indicate a continuation of it's uptrend. Confirmation is when it breaks the beginning of Wave-E .
Not trading advice.
XMR USD - monero dollarJust as peredicted Monero prices are rising
Don't forget to expect a pullback soon
XMRUSD Buy SignalPattern: Channel Down on 1W.
Signal: Bullish as the Lower High trend line broke. If it fails to get detached from the 1D MA200, then expect a 1 month consolidation first.
Target: 95.000.
XMRUSD - Buy 14.01.2020Friends, please before reading, support this idea with your Like and any Comment, thanks.
You can buy XMRUSD from 56-52
Stop-loss 49
You will find more trading ideas in SAV Finance community.
Monero shows bullish signals. End of the downtrend for XMR/USDDear Ladies and Gentlemen,
As for EOS as for XMR/USD on the chart you can see breaking up of bearish trend line and signals from our momentum strategies for long trades are coming on the weekly chart.
We suppose it's end of bearish trend for XMR. There is begin of new accumulation for global upmove.
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FOBS Team
