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Monerobtc

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 ANALYSIS (LONG OPPORTUNITY INCOMING) XMR/BTC ANALYSIS XMR has bounced strongly off the double bottom inside support making this a clear breakout. XMR is showing a small bearish divergence after the recent 2 tops, therefore I expect a small correction down to the 200 MA and possibly dip below into the 7000-7200 sat area. Keep in Mind 200 MA is at 7250 sats about. These are points are key entries to stagger bids in. I expect a further wave back UP after this following the targets at T1 of 7800. Followed by T2 at 8210 sats, and T3 at 8490 sats. The volume has been extreme on the buy end, this final wave should crack the three targets and have a downward trend after. Therefore I do highly recommend taking profit at these levels! Possible Entires: 7100-7300 sats
XLong
by altchicasignals
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
XMR and XMRBTC various views A turn in XMR seems to be in. Both the XMRUSD and XMRBTC are signalling a bottom. Multi year support seems to be holding. (fake break below got bought up) Tapped low end of VPVR. Movign back to 1.09B High volume node, and has unfinished business up until 1.5b mark. Has been following fractal since early sept perfectly. DeMark 1D: Perfected 9 and S13 triggered. More DeMark analysis folllowing in posts below DeMark on 2W timeframe XMRUSD: 2W Perfected 9 buy signal (the perfect 9 sell worked beautifully 18 weeks ago). DeMark on 2W timeframe XMRBTC Cluster of A13, C13, and S13. DeMark on 1W timeframe XMRBTC Perfected 9 triggered, on green 4 out of 9 currently. Also really clean break and retest out of falling wedge. (see daily as well) DeMark on 1D timeframe XMRBTC Cluster of A, C and S13's triggered and active. Move to 0.008 High volume node likely. Break and convert that, move to 0.011 next.
CRYPTOCAP:XMRLong
by Sebastiaan-
4
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
Monero: prerequisite of a short-te Long position with 10% ProfitHello, Traders! Monfex is at your service and today we overview XMR/USD . XMR is suspiciously the most passive recent time, so there is a premonition that it will soon rise up at least 10% for a day. Also Monero has a bullish divergence by RSI. But we remember about money-risk management and limit ourselves of possible losses! Active Trade Signal by XMR/USD Buy near $ 52-50.7 Take profit ~ $ 57 Stop at $ 49.45 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
XMR/BTC - Descending Wedge Pattern ReversalBINANCE:XMRBTC A nice little example of a textbook descending wedge pattern reversal on the 1h chart here with Monero. Over the last few days I thought it might be a little triple top but given the fact that it's bounced off the 0.008200 area of resistance several times while slowly starting to make slightly higher lows, I'm putting my cards on a descending wedge. On top of that being the technical side seen through the chart, the fundamental side of Monero potentially hitting a little bit of a rally here is due to it's inherent privacy and decentralization aspects. The whole crypto community is in the spotlight recently with regards to rules and regulations, Libra, governments trying to "ban" bitcoin, and so on. Without a doubt some of this news is hitting the ears of people on the outside who want to get in so naturally with Monero's privacy factors this could lead to an increase of interest and thus further confirming the technical indicators. Waiting for more of a confirmation of the breakout would see a person buying in at slightly above the 8200 sat resistance level. With a stop around the 7800 area. And a take profit around the 8600 or even the 8500 level to be a bit more conservative. In summary: XMR/BTC descending wedge forming - indicators being the shape of the trend itself as well as the uptrend RSI divergence Confirmation Buy Area: ~0.008200 Stop-Loss: ~0.007800 Take-Profit: ~0.008500 - 0.008600 Possible Time-Frame: 1-4 days Big round numbers for ease of explanation and those would be my conservative numbers. This is not financial advice and this is my first attempt at publishing something. Any feedback would be highly appreciated! Cheers.
XLong
by walkonwayvs