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Monerolong

XMRUSD forming bullish Crab for upto 587% bullish moveHi Folks hope you are well, this bearish trend is helping many tokens and cryptocurrencies to complete their finals bearish legs to form bullish patterns and Monero (XMR) is also one of them. On 2 day chart the XMR has formed bullish Crab pattern, even though the price action has hit the spike in PRZ level and pulled back but I am expecting that due to this bearish trend it will give us another change to catch it from the potential reversal zone. Let’s dig this pattern deeper to check how perfect this pattern is formed: After initial leg (X to A) the A to B leg is retraced between 0.328 to 0.618 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 1.27 to 161.8 Fibonacci. Buying And Sell Targets: The buying and sell targets according to harmonic Crab pattern should be: Buy between: $29.819 to $11.431 Sell between: $44.060 to $78.554 So this trade has up to 587% big profit possibility. Stop Loss: The potential reversal zone area can be used as stop loss in case of complete candle stick closes below this level. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
BITFINEX:XMRUSDLong
by moon333
XMRUSDT formed bullish BAT | Upto 43% bullish move expectedHi friends hope you are well, here I have found another profit potential trading idea for you and this time Monero (XMR) has formed bullish BAT pattern and entered in potential reversal zone and ready for bullish reversal soon. Let’s examine how perfect this pattern is: After 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 which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: $66.32 to $62.42 Sell between: $75.57 to $89.41 Stop Loss: The potential reversal zone area which is up to $62.42 can be used as stop loss in case of complete candle stick closes below this level.
XLong
by moon333
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
Monero (XMR) Price Prediction 2020 | Complete Long Term AnalysisLong Term Bearish Move: The price action of Monero has been moving down with strong bearish trend since Jan 2018 after hitting the highest price of Dec $477. In the meanwhile it has been giving us many short term and midterm trading opportunities but on a bigger view it has been down and finally touched $38.50 in Dec 2018 that is the lowest price from Dec 2019 up till now which is more than 91% loss. Since Jan 2020 the Bollinger bands on month chart is getting squeezed and priceline is moving sideways indicating that the price action might have found a support here. Formation Of Parallel Channel And Double Bottom: On week chart after hitting the $38.50 price the price action has found the support at $44 and since Dec 2018 the price action is consolidating here and moving sideways. In the meanwhile the candle sticks are moving up and down and formed a parallel channel and the resistance of this channel is at $121. Now we have 9 touches at resistance and 12 touches at support, this channel is very firm as the resistance or support are not broken since Dec 2018. This time after hitting the support the price action is again bounced to hit the resistance soon. Here we have also a double bottom formed by the price action which can lead to breakout and a very strong bullish move. Oscillators and Momentum: On week chart the moving average convergence divergence is turned strong bullish and RSI has already visited the oversold zone since May 2019 to Nov 2019 and when the price action took bullish move in Nov then after some bullish move it took some corrective move and pulled back and went in oversold zone again then turned strong bullish again. This RSI move is very healthy which confirms the firmness of bullish trend on the other hand momentum is also turned strong bullish and we have received this strong bullish signal from momentum after Mar 2018. The Harmonic Move: The strongest signal in favor of bulls is the formation of harmonic bullish BAT pattern on month chart. This pattern was started since Nov 2016 and now it has been completed, lets have a look on the pattern how perfect this pattern is formed: The initial leg (X to A) was started in Nov 2016 and completed in Dec 2017 after 1st leg the price action has retraced between 0.382 to 0.50 Fibonacci (here I have ignored some extra spike), then B to C leg is projected between 0.382 to 0.886 Fibonacci projection of A to B leg and finally we have C to D leg which is retraced between 0.786 to 0.886 Fibonaaci and this is the potential reversal zone of this BAT pattern. Now from this PRZ area we can expect the bullish divergence at any time and realistically the price action can easily hit the 0.382 to 0.786 Fibonacci projection area of A to D leg and the buying and sell targets would be as below: Buy between: $107.43 to $60.58 Sell between: $219.65 to $389.87 So this trade has potential to give upto 357% profit Regards, Atif Akbar (moon333)
BITFINEX:XMRUSDLong
by moon333
XMR/USD LONGXMR/USD XMR is another pair with USD facing a falling wedge form. XMR recently hit the bottom of the wedge and bounced with a strong green wick in a bullish direction. This was also the touch of the top of a strong support zone. I expect the bounce to continue here to rock outside the wedge and hit T1 at $51. The stoch has already crossed bullish and RSI has bounce off oversold. Right now, everything is pointing upward and I expect the rise to continue. Look for a touch of the 50 MA at T2 at $55, then on to the final target above the 100 MA at 60. Expect a top close to here as we reach the previous bounce high, recommended to take profit following the according profit lines. Possible Entries: $47.00-47.40
KRAKEN:XMRUSDLong
by altchicasignals
Salient indication and evidence for a massive rally: XMR/MoneroBINANCE:XMRBTC Finding chart patterns in the QRsi candles and combining those signals with Heffae Clouds trading rules results in a highly successful trading strategy. See my prior published ideas for examples of these patterns in use. You can see prior HnS / IHnS formations on XMR/BTC playing out on the QRsi candles, with one epic failure to rally after the clear reversal signal. In that failure instance, the price was below daily cloud resistance which made the rejection very harsh taking out that volume node. This breakdown becomes the target for current position. Unlike the prior IHnS patterns, the current reversal pattern is much larger in scale. Stretching to over 160+ days from shoulder to shoulder, the chart seems to represent the possibility for a larger and longer impulsive move to the upside for this asset. The current daily candle is at horizontal and trend QRsi resistance, but it is also making an attempt to close above the Daily Cloud, which would be the 2nd cloud rule confirmation of an imminent long-trending reversal. Consolidation following such reversal signals can take some time, with impulsive moves to the downside expected while big players push index around in order to grab liquidity and fill bags for the coming move. XMR/USD is a safe bet, but in my case I am blending 3parts BTC pair to 1 part USD pair in order to have a position proportional to R/R estimates, and the USD pair shows less likelihood of a straight-shot move up where I can spend the least amount of time in a position to target. I will try and keep this updated, feel free to post or message me with any questions.
XLong
by SNOW_CITY
Monero Technical Analysis - XMRUSD - 31%-404% Profit ExpectedMonero - XMRUSD - Technical Analysis - 31%-404% Profit Expected Don't Miss This Profitable Opportunity ... 4x - 5x Gains Expected. Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :) In a lower time-frame (4hrs) this long position has also been confirmed. Target Profit Range - 51 - 169 (31%-404% Profit Expected) TP - 1 - 51 TP - 2 - 74 TP - 3 - 100 TP - 4 - 124 TP - 5 - 147 TP - 6 - 169 Buying Zone! Long Position Early Entry Trigger Point - 36 - 39 Ideal Entry Trigger Point - 32 - 35 ***If you want to get in this trade from this point 60 you can still make 23% profit till TP2 is reached, however, there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly. Good Luck.! Disclaimer - This is not financial advice. This is my personal view and analysis of this chart. If you follow this idea please plan your trade according to your lot size and account equity. Don't forget to like, comment & follow , If you agree with my analysis :)
POLONIEX:XMRUSDLong
by Jaffery
XMRUSD formed a bullish BAT upto 119% expectedPriceline of Monero / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Price action is hitting the lower band of bollinger bands after Dec 2018 therefore we can expect a bounce from here, but volume profile is showing still interest of the traders even below the PRZ level and MACD is strong bearish and Stochastic is oversold but in bear cross so for secure trade we should wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone. I have used Fibonacci sequence to set the targets: Buy between: 56.193 to 47.953 Sell between: 75.903 to 105.462 Regards, Atif Akbar (moon333)
BITFINEX:XMRUSDLong
by moon333
Monero at supportmonero is a great crypto currency and has great potential for trade right now. because we have a clear downward trend line and also a horizontal support that has a lot of significance. it acted as resistance back in april and it is also the 61.8% fib level from 38.620 bottom to 121.524 top i suggest to buy with one quarter of your capital and put a stop sell order at 65usd price. after breaking up, trail stop-loss until stopping out. **trail stop loss: move your stop-loss higher as price moves higher.
BITFINEX:XMRUSDLong
by farzinsabbagh
XMR Bear Cycle CompletedWelcome back! Today I wanted to go over one of the large caps because they are the ones that lead the market. XMR is a great long term cycle because it has proven itself with Bitcoins bear cycles previously. I like this set up for a couple reasons... First off, we have a very strong trend that went uber parabolic in the last cycle. This created a 1,3,5 Elliott Wave sequence, and with the breakout of major descending resistance we have now made the first indications that this bear cycle is over. From where were at now, I would expect us to continue higher to my target at $150. I also noticed a pattern thats playing out compared to the last bear cycle that is almost exactly the same. These cycles often repeat the same cycles in different forms but the resemblance is near exact. Will history repeat itself? Only time will tell but, I am bullish.
POLONIEX:XMRUSD
by UnknownUnicorn846565
1
XMR Day TradeWelcome Back! Today I am watching XMR for a potential breakout of a bull pennant. This pattern comes after a breakout of major descending resistance which signals the end of the bear market. Currently prices are tagging resistance of the pennant which is why I am waiting for confirmation one way or the other. For a bull break to occur the best entry will be the retest of resistance now acting as support. Another option I am watching is for price to reject off this resistance and fall back to trending support one last time before a break. Either way I am bullish with how this is accumulating and will be watching for my target to be met. Target-$82
BITFINEX:XMRUSDLong
by UnknownUnicorn846565
XMR/USDT MONERO UPTREND DONT MISS IT EASY PROFIT !!!Hello guys. Welcome to Technical Analysis on MONERO (XMR) which is one of the next big things (not judging by the rumors), but technical and fundamentals. After Zcash it's a second best privacy coin made. We have seen Monero is sidewalking since December, pretty much at the same range (0.0120-0.0135 sats), but since volatile as usual, #XMR will gain masin coming days. Lets rollback at the beginning. Lowest low on XMR was 0.012 BTC/XMR in August, November and December last year. Since than, as per technicals and either TA or FA analysis continually bullish as sidewalking, but keeping the trendline. Judging as per technicals : Weekly oversold, monthly oversold, yearly... :) Stochastic RSI is uprising on weekly /(looking very sharp on daily basis), Daily Stoch RSI on very bottom in front of daily bullish cross. MACD confirms bullish momentum. When talking about fundamentals, there are roomors that privacy coins will be more and more popular in time. Speaking of that and having on mind XMR bulletproof fork which brought siginificant improvements as : To hide the amounts of a transaction one needs to provide commitments to values instead of the values themselves. These commitments need to ensure certain properties, the most important of them being that the sum of the outputs is not larger than the sum of the inputs. In other words, if a transaction has two inputs A and B and two outputs X and Y, we need to show that A+B - (X+Y) >= 0 without revealing any of the values. This is not a very hard problem in principle, but it becomes hard when your system is susceptible to overflowing. This occurs when numbers are stored using a fixed amount of space, and means that if a number becomes too big it will simply disregard the most significant bit. Then, an attacker could choose very large values for X and Y, making A+B - (X+Y) >=0 because overflowing, while in reality A+B - (X+Y) is far less than 0. To overcome the problem above people use range proofs, which basically prove that a commitment correspond to a number in a certain range, but without revealing the number. This way, an attacker cannot use very large numbers. Unfortunately, these range proofs require (if I understand correctly) a separate ring signature for every bit of the number, making them particularly heavy in terms of space. Bulletproofs are a replacement for range proofs that use far less space. I do not have a good understanding of the internals of bulletproofs, so I cannot explain them and this comment However, Zec is a carrier of ZK Snark protocol (Zero Knowledge) it allows anonymity or transparency in the same time/upon users choice (with further network upgrades), but has 100% obfuscation, (as bulletproof fork on XMR, only even better). Speaking of XMR (Monero), JP Morgan refused XMR in favor of ZEC considering it only valuable asset for 100% private transactions. There is a rumor also that ZEC will be @SwissBANK 21.century currency, but its too early to talk about it. I would like to clarify one thing for the people who say " BTC is the KING" and other nonsense stories. Biggest run of XMR was from 87 to 450$. One more important thing to add is that we need to understand where Bitcoin is going in order to understand how altcoins will behave, because i've seen bunch of people posting wishful thinking TA's in order get followers. XMR in the meantime during Bitcoin consolidation and run uptrended for 30% over Bitcoin . That would be 43% nominal USD gain (if you have invested 100$ on btc 4000 XMR current price), you would have 143$ worth of XMR since exponential growth and ratio change. Now, after B is pretty much stable on 5000$ range +, expecting XMR to shoot up as it does making over 100$ per XMR (as making parabolic slope upwards) and makes huge gain. If you find this TA and FA usefull, feel free to press like and follow. Constructive comments are welcome, ideas and every type of criticism of course. Don't hesitate to leave your comment in comment section. Good luck and happy trading :)
Long
by milanjelic
15
#XMRUSD (#MONERO) Looking for the next destinationOn the daily chart, we crossed the 200 moving average line which is a positive sign for further gains on the Monro price, you can see that once the price touched a moving average, it fell but immediately Rose and bypassed the old price and this time broke the moving average 200, one more step forward confirming the strength of buyers and the high demand. From the point of view of indicators, we use the Ichimoku and Stochastic Ichimoku-All the positive signs support the continued strengthening of the Monero Stochastic- we are approaching Overbought which means that there could be a correction of the upward movement. If we turn to the weekly chart, there seems to be strong resistance at 80 in the price of the Monroe and on the monthly chart another resistance in the 90. Since all the signs are positive we recommend buying signals in the long term, for those looking to be more active and not stay too long on a long term position can buy Monroe until the price reaches 80 and then turn a position into a sell position Buy Monero: 72.11 Stop Loss: 65 Take Profit: 80
BITFINEX:XMRUSDLong
by xosignals
Eyes on long-term XMRBoth USD and BTC price reaching areas of possible reversal on long-term weekly charts. Posed for potential breakouts at the bottoms of downwards wedges in both charts. Bullish divergence has appeared for the last two lows on both MACDs. RSI is not showing bullish divergence but has recently touched and rebounded slightly from oversold areas, also posed to breakout through resistance in downwards wedge formations. A corrective bounce to either of the last fib lines suggest possible XMRBTC targets of 0.016 (+20%) and 0.020 (+50%), with possible XMRUSD target of $130 (+245%).
Long
by Yrat
MONERO: MARKET RECOVERY & LEDGER ADDS SUPPORT - PROFIT = 23.17%!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 13th of July 2018. Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 23.17% PROFIT!!! The increase in price may also be explained by positive developments including: June 1: MoneroVision.com , a brand-new open-source Monero block explorer is released.   June 2: CoinGrocer.com , an online store selling 21k + Natural, Organic, Gourmet and Specialty Products is released and accepts Monero.   June 5: Monero CLI v0.12.2.0 "Lithium Luna", which includes full support for the  Nano -2.13%  1.29% Ledger (cold storage cryptocurrency wallet).   June 6: The Waves Platform adds support for Monero. This allows users to deposit, store, trade and withdraw Monero.   June 7: Huobi lists Monero.   June 22: Edge Wallet adds support for Monero.   June 26: Ivan on Tech interviews Riccardo Spagni ( aka 1.55% . fluffypony)  June 28: Trezor announces Monero integration.  July 2: Nanex cryptocurrency exchange lists Monero.  July 3: BitBay (cryptocurrency exchange) lists Monero.  July 12: Monero CLI 0.12.3.0 "Lithium Luna" released  July 13: Abra CEO 1.24% notes "Abra enables purchases of bitcoin -3.83% , ether, litecoin, digibyte, monero and more using your Visa or Mastercard in over 50 countries"  July 17: Kudelski Security audits their Monero's Bulletproof's integration and notes that "only a few minor issues that are trivial to correct, and no major issues."  (NEW) August 9: Ledger Nano S adds support for Monero. The price increase is the result of a recovery in the overall crypto markets and the positive developments highlighted above. ***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
X
by CryptoTradeSignals