Get started

XMRBTC

Monero has completed very big bullish BAT for upto 550% rallyHi dear friends, hope you are well, and welcome to the new update on Monero coin. On the long-term 2-month chart, the price action of the XMR has completed the final leg of bullish BAT and entered the potential reversal zone. At this time the priceline is spiking beyond the PRZ level. Therefore I would suggest to wait for the priceline to move back in the potential reversal zone, preferably we can wait for the monthly candlestick to close in the PRZ level then place the buying orders. There is also a pivot 1st support below the potential reversal zone. Possible profit and loss ratio: This trade has a profit possibility of 550% and the loss possibility is only 46% Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
XLong
by moon333
1
XMR/USDT 4 Hour Ascending triangleIn this idea we see XMR has reached the ascending triangle at the end of my parabolic fractal. It seems to have pumped out the triangle, found support on top, fell through to apex of triangle (probably due to bitcoin movement) and should now start heading to the upside if Bitcoin cooperates. Right now we are about to see Bitcoin go up and make what I believe will be a double top. This will give XMR a bit of room to run and even if these targets are not hit completely before the correction on Bitcoin we will see a return to these levels in the resulting altseason. If you agree throw me a like and follow me for more unique ideas and concepts that keep you in the gains.
Long
by The_New_Disciple
Monero undervalued against ETH and BTC: Accumulation time?Out of all the crypto currencies out there few things have a better use case than XMR. Unless you are some sort of bank robber all the fiat you spend is anonymous because you are not important enough to track serial numbers on. The $50 you got for a gift either in cash or a giftcard isn't tracked in some immutable ledger like bitcoin, it doesn't show up in you bank account, and you don't have to have people wondering why you bought certain things. Why did this guy buy rope all of a sudden? Why is he buying silver and gold? She bought cough syrup, is she really sick? This anonymous value is inherent in paper money and the same value keeps XMR hovering around the 15th position on coinmarketcap as other coins of the moment have meteoric rises to the top 10 and then peter out. Any piece of garbage can go to zero and the bollinger bands would be meaningless. But with something with a real world use case like Monero when something is out of the month or weekly bollinger band it it time to either accumulate or watch for the recovery if you want to be a value investor. This whole thing looks like a set up to a Wycoffian accumulation. So far we have a potential selling climax as well as an automatic reaction. From here value investors would be looking to slowly accumulate as to not pump the price too much and they will be buying the lower part of this formation. The chart below is the great dump bitcoin had in 2018. Price went below the weekly bollinger band and had a selling climax and automatic reaction( I haven't labeled every wycoffian event). One thing to notice is we didn't have a spring (or W pattern) on this time frame. On this chart there was one secondary test and that was it. Monero might have several secondary tests of the trading range and might even have a terminal shakeout. If you don't know what that means go here:https://school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method or run the risk of staying poor. Based on this I am looking to be a composite man. I will buy XMR when I see it against any of the bollinger bands on the chart below; Either ETH, BTC, or USD. Since I see eth beating btc over the course of the bull run I will use the ETH and USD charts more than I use the XMRBTC charts. There may or may not be a terminal shake out, I will just have to stick to the plan and accumulate. If history is any indicator when accumulation is done Monero will pump with a fury against both BTC and USD. The chart below shows the accumulation and when it broke resistance there was a massive one day gain in Monero. This chart also shows that Monero is testing previous resistance as support for XMRBTC. Last time it took a year for accumulation to occur for XMRBTC. This isn't a post for traders, this is a post for investors and people with the discipline to act like the composite man.
Long
by This_Guhy
2
Monero ChartMonero is creating a clear and stable structure with many bullish signs. The panic drop from the delisting news is almost fully recovered from. Monero fans will not give a damn about this because the fundamentals are the same. You can still make anonymous transactions no matter what exchange it's traded on. In its current structure, it is consistently finding higher highs and higher lows. High buying volume has occurred at supports and on excitement candles. Higher sell volume has either been recovered from or not moved the price significantly. In a recent break below a minor trend line, it still managed to form a higher low, and ist still trading above the next major downtrend line. The higher highs and higher lows indicate an uptrend, and since it it finding support at the 0.236 it means the sellers are letting up. If the buyers can take full control past the current resistances, we can expect a sustained move upward.
X
by StayHydrated1
$XMR Back test of almost 800 day resistance $XMRBTCBack test of almost 800 day resistance. Confirming now as support. Follow the fibs on the way up. The pump before the pump is done. Next one will pierce the stratosphere. Free parking on the moon. Monero citidel bound. Surveillance state will be tracking all $BTC wallets. Worse circumstances for individual sovereignty than before bitcoin. You will now be tracked and traced by FinCen cradle to grave. Escape the state. Fundamentals at ALL TIME HIGH for privacy. Time to roll. Load up the necessities and get the hell out of dodge.
XLong
by BackDownBear
1
XMRUSDT completed Gartley move | Upto 11% expectedHi friends hope you are well and welcome to the new update on the Monero coin. On the 4-hour chart, the price action of XMR coin has completed the final leg of bullish Gartley and entered in potential reversal zone. Buying and sell ranges: The buying zone starts from 0.618 to 0.786 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 . Stop loss: The maximum extent of the potential reversal zone at 0.786 Fib level can be used as stop loss. Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of 11%, and the loss possibility is 3%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
XLong
by moon333
1
XMR/ BTC SymmetryA very volatile market, one day you have BTC engulfing the market with dominance raising fastly, another day you have alts catching up while BTC is also raising. This parabolic, now vertical BTC rally would most likely end is tears when it corrects. Looking at the altcoins, I couldn't help but notice this XMR symmetry. Currently sitting at support from a long time before. An ABC deadly correction. If we take the impulse before the correction, it ends at a previous high zone. I would enter a position here in XMR even though privacy coins are under scrutiny.
Long
by badbeatnuts