Get started

Monerobitcoin

XMR/BTC Binance Micro Trend Analysiswe have an obvious break upwards and now Monero sits back in what has been its most familiar trading channel for the last 1.5 years or so, between .008562 and .007501 BTC. yellow trend lines indicate current and previous micro-trend support and resistance, while the 3 red lines represent the channel i mentioned in the previous sentence. the thinner green line is what i consider secondary support, which matches nicely with the 33 day MA. there is still a lot of upward momentum so no reason to expect any major downward moves. i expect it to stay within the box and in the upper part of the channel until it breaks to the upside, or drops to retest that long-time support/resistance. either one will indicate a rapid move to the upside or downside, respectively. from a macro perspective, the thick blue line is rock bottom support stretching all the way back to the historical low, which has actually been slightly increasing every dip. we just finished testing that support and rebounded nicely. with current market conditions and the energy upwards, i see no reason for us not continue these nice and steady gains!
XLong
by Alyasa420
💡 Don't miss the great buy opportunity in Monero/BitcoinTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0073). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Monero/Bitcoin XMRBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 75. Take Profits: TP1= @ 0.00782 TP2= @ 0.00815 TP3= @ 0.00865 TP4= @ 0.00930 TP5= @ 0.00997 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
XMR ANALYSIS: BEARS IN CONTROLXMRBTC ANALYSIS: XMR has broken below the major moving averages and faces a small triangle. Typical triangles, such as the ones in this chart, can easily swing either way. Therefore, its best to wait for further confirmation. In this case, there is new resistance band at 200MA in the red box near 7100 sats. Its possible to see a quick wick up the resistance, where it is then rejected back down to support. Look to stagger short bids up to short term resistance block. The key profit points are T1 at 6860 sats, T2 at 6660 sats, and T3 at 6420 sats. There shows a heavy line of support and buyers near the support and I expect this to hold well. Signal is invalidated if XMR pumps above short term resistance. Possible Short Entries: 6950-7150 sats
XShort
by altchicasignals
1
XMRBTC formed bullish BAT | A good long opportunityOn short term 3 hour chart the Monero (XMR) with Bitcoin pair has formed a bullish BAT pattern and just hit the spike in potential reversal zone but there are chances that the XMR will give another change to catch it from the potential reversal zone of this pattern so we can wait and buy. The Formation Of Harmonic Pattern: Let’s take a look in to pattern’s dimensions to see how perfect this pattern is formed by the Monero. After completing the initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time from this area. Buying Method Using MACD And Stochastic For Secure Entry In Trade: At this time on 3 hour chart the moving average convergence divergence (MACD) has turned weak bullish from strong bullish and Stochastic has given bear cross therefore we can wait for the price action to enter in buying zone again and then wait for MACD to turn strong bullish again and stochastic give bull cross then place our buying orders this way can be secure for buying. The Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: 0.008265 to 0.008198 sats Sell between: 0.008428 to 0.008673 sats Stop Loss: The potential reversal zone of this pattern can be used as stop loss in case of complete price action closes below this level
XLong
by moon333
Don't miss the great buy opportunity in XMRBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00825). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XMRBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 71. Take Profits: TP1= @ 0.00939 TP2= @ 0.01030 TP3= @ 0.01140 SL= Break below S2
Long
by ForecastCity
16
XMR/BTC 4h Monero cup & handle strong bullish momentumMonero Research Lab released Triptych on the 6th of January proposing trustless logarithmic-size ring signatures. This could improve coin’s privacy significantly. Also there are plenty of good news suggesting that 2020 might be a good year for privacy coins. Monero has been around for a long time and is inline with Bitcoin, Ethereum, Litecoin and other top currency when it comes to investors trust. Looking at the 4hrs and daily charts we can see a very bullish cup & handle formation. Volume is also picking up. XMR/USD chart is also forming inverse head & shoulders pattern, which is another bullish signal.
XLong
by Bullversitycom
MONERO vs BITCOINHi, there! Monfex is at your service and today we overview XMR/BTC . XMR near the resistance zone and MA200 also there. And this bullish movement in the last week has been support with a bullish divergence by RSI. A breakout of the key level with confirmation and consolidation of the price above it will be a good trade if this happens in the near future. For now Monero has a bearish divergence and this tell us to look at some sell position. And globally by Monero we have a bearish trend. Supposed Trade Signal by XMR/BTC Sell near 0.007260 Take profit ~ 0.006310 Stop loss at 0.007548 Market Cap $999 452 535 USD Volume (24h) $102 505 296 USD Circulating Supply 17 270 955 XMR Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
XShort
by Monfex_UK
Monero: a successful scalp trading is here! Hello, dear Traders! Monfex is at your service and today we overview XMR/USD . Monero broke the resistance line of the descending channel, but we have the key level for confirmation of a further growth ! XMR is suspiciously the most passive in recent time and now it starts to growth. The great resistance zone ~ $ 57 . This long idea also supports the positive volumes. Also Monero has a bullish divergence with realization of it and for now with the bearish divergence by RSI with influence of which can rebound the price to the $ 53.5 . But we remember about money-risk management and limit ourselves of possible losses! Supposed Trade Signal by XMR/USD Long with confirmation of breakout near $ 58.7 Take profit ~ $ 65 - 66 Stop loss at $ 56.1 Market Cap $991 836 816 USD Volume (24h) $147 798 879 USD Circulating Supply ~17 262 257 XMR Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
BITFINEX:XMRUSDLong
by Monfex_UK