Get started

Monerobtc

A Long-term Buy opportunity for #XMRBTC, let's hunt it together!Technical analysis: MONERO/BITCOIN is in a range bound and resumption of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 42. Trading suggestion: *The price is in a range bound, but we forecast the uptrend would resume. *There is possibility of temporary retracement to suggested support zone (0.0242 to 0.0224), if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0242) Ending of entry zone (0.0224) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", 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 special version of our "Price Action" strategy FOLLOW our lessons: (We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!) Take Profits: TP1= @ 0.0270 TP2= @ 0.0278 TP3= @ 0.0304 TP4= @ 0.0320 TP5= @ 0.0356 TP6= Free
Long
by ForecastCity
XMRBTC , TP3 hit with 2961600 profit. NEW Buy Opportunity...MONERO / BITCOIN New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. *There is possibility of temporary retracement to suggested support line (0.026) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 6 BUY trade(s) @ 0.02503900(day close price) based on 2-day reversal candle (2-day Hammer ) at 03.28.2018 . Total Profit: 2961600 Closed trade(s): 1008300 Profit Open trade(s): 1953300 Profit Closed Profit: TP1 @ 0.0270 touched at 04.18.2018 with 196100 Profit. TP2 @ 0.0278 touched at 04.18.2018 with 276100 Profit. TP3 @ 0.0304 touched at 04.20.2018 with 536100 Profit. 196100 + 276100 + 536100 = 1008300 Open Profit: Profit for one trade is 0.03155000(current price) - 0.02503900(open price) = 651100 3 trade(s) still open, therefore total profit for open trade(s) is 651100 x 3 = 1953300 All SLs moved to Break-even point. Take Profit: TP4= @ 0.0320 TP5= @ 0.0356 TP6= Free Technical analysis: Monero/Dollar is in an up trend and Continuation of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. Relative strength index ( RSI ) is 70.
Long
by ForecastCity
XMRBTC , TP3 hit with 2961600 profit. NEW Buy Opportunity...MONERO / BITCOIN New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. *There is possibility of temporary retracement to suggested support line (0.026) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 6 BUY trade(s) @ 0.02503900(day close price) based on 2-day reversal candle (2-day Hammer ) at 03.28.2018 . Total Profit: 2961600 Closed trade(s): 1008300 Profit Open trade(s): 1953300 Profit Closed Profit: TP1 @ 0.0270 touched at 04.18.2018 with 196100 Profit. TP2 @ 0.0278 touched at 04.18.2018 with 276100 Profit. TP3 @ 0.0304 touched at 04.20.2018 with 536100 Profit. 196100 + 276100 + 536100 = 1008300 Open Profit: Profit for one trade is 0.03155000(current price) - 0.02503900(open price) = 651100 3 trade(s) still open, therefore total profit for open trade(s) is 651100 x 3 = 1953300 All SLs moved to Break-even point. Take Profit: TP4= @ 0.0320 TP5= @ 0.0356 TP6= Free Technical analysis: Monero/Dollar is in an up trend and Continuation of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. Relative strength index ( RSI ) is 70.
Long
by ForecastCity
Happy birthday Monero!Coin of the day is Monero. Monero (XMR) is an open-source cryptocurrency created that focuses on privacy and decentralization that runs on Windows, macOS, Linux, Android, iOS, and FreeBSD. Monero aims to improve on existing cryptocurrency design by obscuring sender, recipient and amount of every transaction made as well as making the mining process more egalitarian. The focus on privacy has attracted use by people interested in privacy or even in evading law enforcement. The egalitarian mining process made it viable to distribute the mining effort opening new funding avenues for both legitimate online publishers and malicious hackers who covertly embed mining code into websites and apps. Monero is a popular coin for mining among mining pools and individual users, the team is constantly fighting against the monopoly on mining, which comes from ASIC producers. Latest News On April 6th, in an attempt to protect the cryptocurrency against ASIC miners, the altcoin’s developers completed the transfer to version 7 of Monero. The motivation behind the latest upgrade meanwhile lies with hardware manufacturer Bitmain. In March, the Chinese company announced a new product, the Antminer X3, which was specifically developed to mine Monero. Verge coin, one of Monero's rivals, lost a lot of value yesterday due to controversial news about the partnership with porn industry companies such as Pornhub. Despite the fact that this news is not bad but rather unusual, they clearly did not meet expectations of many traders. Also, today is the 4-year anniversary of Monero today! Technicals After 6th of April XMRBTC sagged below the 0.025 level and went into lateral movement. Today the was picked up with the rise in volumes and broke above the 100-days EMA, which was serving as a resistance lately. The growth stopped at the resistance zone 0.0285 - 0.03. A breakthrough above this zone will be a sign of further growth. 0.0276 level and 100-days EMA should play a supportive role in the bullish scenario.
Long
by DestinationMoonCrypto
2
XMR/BTC - TREND ANALYSISAS MONERO HAS BEEN PLUMETTING, QUESTION IS WILL IT GO DOWN MORE OR RECOVER? POSSIBLE MOVES (YELLOW LINES): 1. UPWARDS MOVE 2. CONSOLIDATION 3. DOWNWARDS MOVE ATM / STATUS: XMR SEEMS TO BE IN A STRONG SUPPORT AREA , LOOKING AT PREVIOUS AREAS OF SUPPORT, AND VPVR, WHY IT COULD CONSOLIDATE HERE FOR A WHILE, BUT ANY MOVE OUT OF THIS REGION WOULD BE IMPORTANT - IF A MOVE OUT OF THE CURRENT ZONE, WE ARE LOOKING AT A RISE TO PREVIOUS RESISTANCE, OR GOING DOWN TO NEXT SUPPORT LEVEL OTHER INDICATORS: BOTH MACD AND RSI SEEMS TO BE BOTTOMING OUT, BUT HAVENT TURNED AROUND INTO AN UPWARDS MOVE QUITE YET PREDICTION (LIGHT BLUE LINE): AS CURRENT AREA IS STRONG (PREVIOUS SUPPORT + VPVR), AND MACD+RSI LOOKING OVERSOLD AND SLOWLY TURNING AROUND FROM BOTTOM, I AM EXPECTING A SHORT CONSOLIDATION PERIOD FOLLOWED BY UPWARDS MOVE TO PREVIOUS RESISTANCE. DISCLAIMER: NOT FINANCIAL ADVICE, PURELY SPECULATION
X
by FlashGordCrypt
XMRBTC , Monero would probably resume its uptrend against. !!Technical analysis: MONERO/BITCOIN is in a range bound and resumption of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 41. Trading suggestion: *The price is in a range bound, but we forecast the uptrend would resume. *There is possibility of temporary retracement to suggested support zone (0.0242 to 0.0217), if so , traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0242) Ending of entry zone (0.0217) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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 special version of our "Price Action" strategy FOLLOW our lessons: (We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!) Take Profits: TP1= @ 0.0270 TP2= @ 0.0304 TP3= @ 0.0320 TP4= @ 0.0356 TP5= Free
Long
by ForecastCity
The King of Privacy is the King of Gains [XMR/BTC]Monero. Naughty ascending triangle really strong formation occurring, obeying top of triangle V nicely. Supports and resistances everywhere as great safety nets. Facts Wave trend ~Looking to turn. RSI ~Looking to bounce off resistance and hit support. ADX + DI ~Looking to trend up generally and confirm a trend on the DI+. BTC ~Bullish movement could increase the Monero growth over time. Potential 30% increase on a break out from the end of the triangle. Upcoming fork could be good media for the coin. Conclusion~ I will be personally picking up some XMR given the conditions in the green accumulation zone I have set just for a longer pull. More upwards then downwards on this play which is a good habit of learning to trade into. I'm not a financial adviser and nothing I say is a fact, any losses made through these decisions do not hold me accountable and you should never invest more than you're willing to lose. If you liked this short post, be sure to follow and like . It really helps out :D ~Xander
X
by XanderCrypto