Get started

Monero

There is a trading opportunity to buy in XMRUSDMidterm forecast: While the price is above the support 26.05, beginning of uptrend is expected. We make sure when the resistance at 68.20 breaks. If the support at 26.05 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: A peak is formed in daily chart at 67.79 on 05/18/2020, so more losses to support(s) 60.05, 54.05, 44.00 and minimum to Major Support (26.05) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 61. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (54.05 to 44.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (54.05) Ending of entry zone (44.00) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 60.05 TP2= @ 68.20 TP3= @ 82.15 TP4= @ 96.50 TP5= @ 120.95 TP6= @ 137.95 TP7= @ 168.70 TP8= @ 230.10 TP9= @ 298.90 TP10= Free
KRAKEN:XMRUSDLong
by ForecastCity
20
There is a trading opportunity to buy in XMRUSDMidterm forecast: While the price is above the support 26.05, beginning of uptrend is expected. We make sure when the resistance at 68.20 breaks. If the support at 26.05 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: A peak is formed in daily chart at 67.79 on 05/18/2020, so more losses to support(s) 60.05, 54.05, 44.00 and minimum to Major Support (26.05) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 61. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (54.05 to 44.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (54.05) Ending of entry zone (44.00) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 60.05 TP2= @ 68.20 TP3= @ 82.15 TP4= @ 96.50 TP5= @ 120.95 TP6= @ 137.95 TP7= @ 168.70 TP8= @ 230.10 TP9= @ 298.90 TP10= Free
KRAKEN:XMRUSDLong
by ForecastCity
22
BTC Bull? XMR/BTC Monero Head and Shoulders .... Drop Imminent?BTC showed it's resilience and strength today, busting through the coveted $10k resistance in a matter of hours. As a result, many btc alt pairings have began breaking down. Here we see Monero's 3 day chart. There is a visible head and shoulders pattern that appears to be on the verge of completion and a breakdown. A lot of this will hinge on what BTC decides to do from here. BTC holds 10k? Odds favor continued XMR/BTC drop. BTC pulls back hard? XMR could push and invalidate. However, it's now lost all major EMA supports and is entering no-man's land of potential all-time lows. RSI very much in bearish territory. Bearish cross on the stoch RSI with momentum sloping downwards. Potential target shown in green. This is not financial advice.
XShort
by ninjacookies
Privacy Is Shifting. (XMR)I love monero ❤🥇❤🥇❤ True Cryptocurrency that plays a critical role in what it stands for. 💰 Let's check up on the price action of this one. Wave 1: The selloff, the distribution of coins. Wave 2: The accumulation of support. Wave 3: The Resistance for controlled accumulation. We are squeezing sideways as the pennant pattern is forming. *As this pattern squeezes we will see a decision in which way the market wants to run on a breakout. (Similar to how price broke down on btc back in November of 2018) I'm not saying it will result in same results, I'm showing you how compression decide critical moves for trend changes) These are key areas where you want to play for a major move. The full compression of range could be controlled for another 6+ months, our first major sign is aw we see the weekly shoot to hit wave 3. But one major observation I'd like to notice is what i titled on chart as "Final Shakeout" That selloff could of been the final selloff in a stop hunt. It was a major quick crash that scared buyers to force them out of their positions. That can be called the final capitulation. You are noticing as prices get low on altcoins they try to flash the market to force the buyers out of their positions. I believe we could be in very early stage of the major multi year alt cycle. But I also take into fact that the compression could last another 6+ months if wave 3 can hold. What we like to look for on longterm entry is a doji compression off S&R Levels for trend change, So technically this is a late call to buy now. If you wanted to buy now you would hunt for an edge play in the market to push up to the next level of price in a lower timeframe. Hope you enjoyed, have a blessed day! MLT | PRO TRADERS 🥇
BITFINEX:XMRUSD
by UnknownUnicorn2319099
XMR/USDT 8H (Binance Fut.) Parallel channel breakdown & pullbackMonero is looking quite bearish after breaking downwards out of the ascending channel. Price action has retested several times the necklines, so it's just a question of time before big drop, in my opinion. Sell Entry= 61.35 - 64.55 Take Profit= 55.83 | 49.16 | 43.23 Stop Loss= 70.07 Risk/Reward= 1:1 | 1:1.94 | 1:2.77 Expected Profit= 33.93% | 65.73% | 93.99% Possible Loss= -33.93% Fib. Retracement= 0.382 | 0.618 | 0.786 Margin Leverage= 3x
Short
by TradingOn
2
LONG - XMR - Trading OpportunityHuge bullish divergence on XMRBTC, while at the same time bouncing from a strong support and entering the 4h cloud once again, now that the MA50 and Kijun have been reclaimed, a sure bounce and possible kumo breakout is in action here. Entry: 0.006778 Target 1: 0.007282 Target 2: 0.007660 SL: 0.006571 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
XLong
by ElMomento