Zcash working on filling out right shoulder for next breakout Zcash appears to be forming a special inverse head and shoulders pattern I like to refer to as the sweet dreams or sleepy head inverse head and shoulders as the trendline you draw to highlight the head and shoulders take on a smile face with its eyelids closed. I anticipate even though I already drew the hypothetical length of the right shoulder fairly s that there’s a chance it could break above the neckline after forming an even shorter right shoulder based on some of the recent tiny right shoulders we’ve seen fro the likes of digibyte, atom, cardano and others. Always a chance since it’s left shoulder was tiny that the right one could buck the trend and form a regular sized right shoulder too, either way I’m confident with market conditions how they currently are theat probability favors this pattern breaking out and up eventually. *not financial advce*
Privacycoins
Could Monero make new high?I am wondering and i am sure alot of holders are wondering too!
I believe it has Bullish structure
$187 is the breakout level
That we must monitor very carefully.
The privacy sector in #crypto is abosilutely miniscule compared to #memecoins which totally dwarfs them
Yet privacy is one of the few unique use cases that is very much .. as a system backup..
Fungibility / Privacy is not coming to #Bitcoin anytime soon or ever.
#HVF
@TheCryptoSniper
XMRUSDT: Bullish Butterfly Update: Bullish Breakout Seems LikelyXMR, despite the spot pairing having been delisted on Binance a few months ago, has survived and held above the PCZ that was of very much importance to the historic price action. During the delisting XMR had sold off back down to the PCZ in record volumes on the exchange, however, in spite of record selling the support still held, since then, the price has stagnated at this level potentially hinting towards accumulation. If the Support had Broken XMR likely would have crashed all the way back down to 20 but for the time being the coin has proven resilient at this price level and it would seem that we will soon be marking up to significantly higher prices as the diagonal Bearish Trend seems to be coming to a close.
Z CASH Would you risk one to gain 5?IT seems like a good area to pick up a "asset"
at a previous All time low.
Buying weakness vs strength historically a bad move.
yet..
#MONERO got delisted from #Binance ysterday
Whilst #ZEC has passed their compliance review --- coincidence???
Laughable stuff !!!
But what can we do.
Make some "money" on ZEC
whilst using XMR
if you are that way inclined.
Target 1 seems reasonable this year
Target 2 in 2025 sure why not
and anything beyond from these levels
and still are holding well done to you.
has monero bottomed on btc and usd pair?xmr has touched the bottom channel and find supports on the 50 moving average.
looking at my other xmr charts and and an area of resistance i previously highlighted in both has proven difficult to break past.
the btc pair now looks to be breaking that resistance and that alongside the usd pair in its position im bullish and ask are we going to see a merry xmas $800 xmr?
you want to be longing privacy coins to ATH and beyondthe way things are going in the world privacy coins will have their spotlight eventually
cbdcs and the war on crypto, public ledger and the irs - think about it? privacy is the way forward, its just waiting for the masses to catch on
OMXSTO:XMR too expensive? look for privacy-alts like prcy
...same as btc in 2017, retail simply moved into other coins
big R:R on privacy, with an added R that the government dont freeze or tax YOUR money
dont sleep on privacy, its your right.
XMR - Monero / BTC Buy The Dip - Part 2I forgot to move the Fib retracement.
There is correspondence between the MA3 147 Day MA and 78% Fib retracement @ 0.006412
Lets see if it hits and bounces???
Peace and love and spicey rum.
Happy Sailing Privacy Pirates.
F.Society, F.Banksters, F.Politicians
Best regards,
Snake Plissken
XMR - Monero / BTC Get ready to buy the dipGet ready to buy the dip
My buy zones are between 0.0064 and 0.0078. I'm looking for a green Ichimoku Cloud swinging chop before momentum builds again for the next rip.
XMR had a nice rip up to over 0.009548! Who'd a thunk it!
But the next target is 0.01.
The importance of privacy is catching on. And XMR is the OG in this space in terms of privacy. It has gone the distance. Is great tech, great dev community. Built on solid foundations.
No taxes for the state!
Peace and love and spicey rum.
Happy Sailing Privacy Pirates.
F.Society, F.Banksters, F.Politicians
Best regards,
Snake Plissken
$DERO / USD - 1W Lock It Up$DERO Targeting 19.10 by June 2023. Probably in the top 10 privacy tokens of it's class.
Monero Recaptures Key Retracement LevelMonero KRAKEN:XMRUSD continues to outperform the other major cryptocurrencies through this crypto bear market cycle. Last week Monero entered a bullish trend when both price and Momentum (Lagging Span/Chikou) closed above the Daily Ichimoku cloud. This is the confirmation of a new bull trend starting. Momentum has since gotten back inside the cloud but over the weekend Price held the key Level of 139. 139 was the 50% Retracement Resistance of the FTX debacle crash. Price broke the Resistance on November 30th and then came back to retest the level solidly on December 17th now as Support.
Furthermore, let's look at Monero's performance relative to others.
Measured by the "pre-FTX high" Monero is down -10.37%:
Bitcoin remains down -22.48%:
Ethereum remains down -29.89%:
"Bitcoin is surveillance" As regulation begins to take the center focus of cryptocurrency more users will shift to value in privacy. I'll leave you all with a meme:
XMR still in long term uptrend against DASH and ZECEven though XMR has shown short-term weakness against some coins in the privacy vertical they still have a way to go before they can challenge XMR's long-established upward channel against them.
I expect oscillation along the channel and would be surprised if they venture into the blue bands. Provided no fundamental change takes place any venture into the blue bands above or below should present a trading opportunity.
XMR - BTC Looking Strong Coming into the WeekendSaturday 19th November 2022
Welcome back XMR Bulls. XMR is on a bit of a tear at the moment, having broken above the red dotted trend line forming a nice hammer candle, Green 2 on the TD count.
XMR peaked at 0.008055 so far this week. If it does stay above and closes the week out above the trend line, we could see a few more weeks of positive action out of XMR, seeing the weakness in BTC following the SBF FTX debacle.
Let her rip I say.
Money flow is still above the zero line. Volume and Price Oscilllator from Neobutane is creeping higher, but has flashed an overbought signal. But I don't think it will begin to pull back until the purple price oscillator line gets in to the orange band, so things are looking up at this stage. Let's see how the Sunday weekly close play out.
Peace and love and spicey rum.
Happy Sailing Privacy Pirates.
F.Society, F.Banksters, F.Politicians
Best regards,
Snake Plissken
XMR - Monero / BTC 27th October 2022
a red 2 candle has been painted on the weekly. Let's see where it closes at the end of the week.
But this could be the beginning of the pull back.If this does get perfected, there could be another 7 weeks of downside.
So, I am anticipating a bottom developing around the 12th December 2022, which is where the Ichimoku Cloud has flipped from red to green. And right at that point is the 0.005590 Satoshi's which is the area in which I will be placing my bids.
Happy Sailing Privacy Pirates.
F.Society, F.Banksters, F.Politicians
Best regards,
Snake Plissken
ARRR - Rough Seas Ahead Me Hearty's27th October 2022
ARRR me hearty's.
ARRR has crossed below the 2000 Satoshi's.
It is on a red TD 5 count on the weekly. Let's see how it closes out later this week.
If the TD count is to be perfected, rough bottom could be hit around the 21st November 2022.
It is currently in the OTE zone I have drawn, 1998 to 1918 Satoshi's.
But going off the Bollinger Bandsit could get down to 1887, and a spike to 1692. It may not hit these targets on KuCoin, but could very welll do it on Trade Ogre.
If it closes out the week below TD Support of 1956 Satoshi's, more head winds.
Keep an eye out Pirates!
The Bollinger Bands have squeezed, there will be rough seas ahead, ARRR.
Squeeze Momentum is about to flip positive, Money Flow is still in the red but could be bottoming out, and the price/volume oscillator is still below the zero line and heading south.
Batten down the hatches Pirates.
Time to drink some rum, ARRR.
Cheers,
Snake Plissken
What is the BEST performing cryptocurrency of this Bear Market?I am sure that someone could point out some obscure POOPCOIN with a price of 0.00000000000001337 that has had some meteoric rise recently but among the BLUE CHIP cryptocurrencies that are well established, well capitalized, and have proven use cases Monero BITFINEX:XMRUSD continues to outperform both Bitcoin BITFINEX:XMRBTC and Ethereum BINANCE:XMRETH for 2022. I have been talking about this for months trying to let people know.
The contrarian in me loves the fact that everyone is being willfully ignorant of this apparent sleeper.
Top pick 2/3 - XMRThe reasons because I took a decent position in Monero are the following:
1 never before in history has privacy been under attack globally
2 people need privacy not only if they are evil (they need it especially if they are good intentioned ;o)
3 monero has some interesting protocol upgrade coming, that will make it more private and more scalable
4 xmr has been in a bear market more than 4 years against bitcoin and it has just broken out against it
5 i am mostly invested in "legally compliant" and transparent projects and consider monero as a hedge against them
As I just stated, XMR has recently broken the 4 year descending resistance and is just sitting on it (now support) after having back tested strongly.
(since my last post a month ago XMR is already up 50 USD (or 30%).
MACD is turning positive on the monthly time frame.
Holders sentiment is extreemely depressed and flat, which is what I want. You want to invest before or right at the moment of uptick on the awarness side.
MONERO has just undergone a period of 2 years of sideways action, just like between 2014 and 2016 (rectangles defined by yellow horizontal support and resistance).
The pattern is very similar...
...and if history rhymes this should meen a 11 x against Bitcoin alone.
That is, if Bitcoin does a 5 x from here ... XMR would do a 55 x ... or a price of around 12'000 USD.
XMR - Monero / BTC Showing Signs of Life - Part 3Friday 8th April 2022
Monertopia kicks off this week
Monero has been moving higher
Monero punched through the Upper Orange Bollinger Band, last month on the 7th.
She has broken out of the yellow triangle I drew, on a strong looking TD 7 green candle.
But previous to that, she has not gone passed it since 19th April to 20th May 2021, 1 year ago.
The most recent high's of 0.005398 in 17th January 2022. This will act as resistance, which I have drawn as the solid red line, as well as the TD resistance pink dots just above at 0.006218
If we can surpass to most recent high of 0.005398, and close above, this will be a strong sign for Monero going forward in my opinion.
On the weekly, we should have another two weeks of upward price action if the TD count is to be perfected.
MACD has been bright green for 4 weeks
Money flow is still rising green, but has not crossed the zero line as yet, sitting at -0.091221
Volume and Price Oscillator is not overcooked yet, still in the light orange zone, when it hits the dark orange zone, it will be time to get cautious and take some profits. Let's see if the indicator triggers a sell signal
Let's see where it goes you privacy freaks!
Giddy up!
ZEC RSI CROSS! ❎ 🚀As the title states, we are at an huge RSI cross for ZEC .
My position: T194.47, encompassing 50% of allotted, available trade capital for margin ZEC trades today.
Remaining 50% of capital will be placed either directly back T194.47, or I will wait for an eventual drop to the T189.97 level.
Let's do this.
Dero 150% up against Monero since july 2019Dero 150% up against Monero since july 2019
- Monero 😍
- Haven 😍
- Dero 😍
- Pirate chain 😍
Just good things in life.
Zcash Reversal Rally potential on Low Time FrameA purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution.
Digital signatures provide part of the solution, but the main
benefits are lost if a trusted third party is still required to prevent double-spending.
We propose a solution to the double-spending problem using a peer-to-peer network.
The network timestamps transactions by hashing them into an ongoing chain of
hash-based proof-of-work, forming a record that cannot be changed without redoing
the proof-of-work.
The longest chain not only serves as proof of the sequence of
events witnessed, but proof that it came from the largest pool of CPU power. As
long as a majority of CPU power is controlled by nodes that are not cooperating to
attack the network, they'll generate the longest chain and outpace attackers.
The network itself requires minimal structure. Messages are broadcast on a best effort
basis, and nodes can leave and rejoin the network at will, accepting the longest
proof-of-work chain as proof of what happened while they were gone.
ARRR, PirateChain is doing what is supposed to do1 pirate chain is 1 pirate chain for me, I feel guilty doing a technical for a USDT pair
Revolutionary tech
anyway, a huge break out from the channel is coming IMO, any price above $1.80 does that!
It gone be HUGE
don't be a paper hand on this one!
Daily close above those 2 lines means yeah, means Millionarrrs!!
We have 6, 8 and 16 as resistance but pirate is big enough!
daily close and hop on it!
FIROFiro is ready to send it in my opinion. Massive bullish ascending triangle. Launch soon and imminent.