Monero Still a beautiful fresh breathe of air when you hear about monero. This coin is super undervalued. Probably one of my top favs. Obviously I'm here for privacy coins. Looks good chart wise. Clear sideways range with bounces off support. Looking good, keep it up
XMRBTC
xmr/btc - mirror level, stop loss, hide behind it. mirror level, stop loss, hide behind it.
the power to mirror is not enough.
We need a refill in the liquidity zone.
successful deal
XMRBTC daily: accumulation 100%/200% gains (NEW)before we kick start the update. your upvotes/subs are appreciated.
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XMRBTC daily: accumulation 100%/200% gains (NEW)
IMPORTANT: this is a speculative setup, performance
is not guaranteed, so please use a tight stop loss.
XMRBTC looks like we are under heavy accumulation on
daily price chart. This is a slow process and more time
is required, however what I see on the chart looks good
to me. I'd say 4-12 more weeks of accum and then get
ready for solid pumps in Q3 2020.
This is a setup for buy/hold traders, do not expect
miracle/overnight casino gains from this setup.
just put it on your watch list and as long as
the bottom holds ground over 4-8 weeks be ready
to load it up later in Q3 2020.
good luck traders!
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Monero (XMRUSDT) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
$XMR, Showing a good sign of increasing volume...$XMR
Showing a good sign of increasing volume today as it recovers ~746k sats level..
UCTS Buy signals on every LTF (12H & lower)
Looking for a potential flip back to support of this level as potential continuation
~850k as target (~15%)
#XMR
XMRUSD - There is your rejection zoneXMRUSD reversed heavily since the last shared idea.
It is now touching the triangle it escaped out of, and most probably taking it as a resistance.
Most likely going to be rejected from here and continue with further downwards movement today or tomorrow.
Happy Trading!
MONERO (XMR) - QUARANTINE/COVID-19 THE 9/11 of the 2020sGovernments famously enacted privacy destroying legislation in response to 9/11 (e.g., Patriot's Act).
We are already seeing a similar response by governments to Covid-19. For example, some countries are now tracking their citizens through their mobiles without having to obtain permission from any courts - all in the name of fighting coronavirus!
With the rise of facial recognition and new surveillance technology, the coronavirus outbreak is the perfect excuse to ramp up the use of these privacy destroying technologies.
Bitcoin, while the most popular and valuable cryptocurrency, is not fungible. Measures enacted by governments with respect to tracking their citizens using various methods (facial recognition, mobile GPS, and so on) could wake people up in that a private, fungibile currency is much more desirable in these testing times. If the situation escalates and government goes full-retard authoritarian, Monero will be an essential tool for a resistance movement.
Three possible paths are indicated on the chart for XMR-BTC. I expect XMR to outperform BTC as our privacy is eroded even further.
Stay safe out there, be mindful of the hidden agendas of the media/government and plan for the worst.
XMR/BTC TA Update (retest swing low?)XMR/BTC
XMR is almost back to the mean or previous support where we had a strong rally up to 9000 sats area.
XMR is currently formulating a potential bullish reversal pattern as the price approaches near the strong level of buy zone.
The market is still uncertain about the future so if any bad news will appear online,
XMR could still drop another 10% to resting swing low at 6000 sats area.
I'm still not interested to enter the market as of now, but I'm already looking at low-risk high reward altcoins today.
XMR ANALYSIS: BEARS IN CONTROLXMRBTC ANALYSIS:
XMR has broken below the major moving averages and faces a small triangle. Typical triangles, such as the ones in this chart, can easily swing either way. Therefore, its best to wait for further confirmation. In this case, there is new resistance band at 200MA in the red box near 7100 sats. Its possible to see a quick wick up the resistance, where it is then rejected back down to support. Look to stagger short bids up to short term resistance block. The key profit points are T1 at 6860 sats, T2 at 6660 sats, and T3 at 6420 sats. There shows a heavy line of support and buyers near the support and I expect this to hold well. Signal is invalidated if XMR pumps above short term resistance.
Possible Short Entries: 6950-7150 sats
$XMR : Looking for area$XMR is on a 27 % pullback and coming on our first area of interest with support + 0.786 Fib
However on macro, Daily MA 200 is breaking down. FOr the moment, $XMR is on our watchlist to see how the coin react.
Not Financial Advice
$XMR, Retesting ~746k sats support level on the way down$XMR
Retesting ~746k sats support level on the way down from ~0.01 sats in a potential Falling Wedge formation...
Will keep tracking this asset to see when it breaks up the descending trendline..
If fails to hodl here, then next target at ~686k (7%) (Death Cross on 1D)
#XMR
$xmr sorry no explainUsed some different TFs for some thing
In general I think btc and high cap alts move up.
Depends on alot of this, local pRiCe AcTiOn. Sorry its just when I first heard that to describe prices it was used by elliot wave traders, MA users, and ichimoku rektumers. Every time I say it or hear it, I remember that one time in the tezos room where I saw those noobs arguing.
but yah, it will depend what happens at a number of places.
for FA
full mewn coming up, + merc retro ending. Lets see if we get some follow through. That said I dont follow merc retrograde much, if you put it on btc chart for long time, youll see why.
Some news saying new law in congress bans internet encryption. Anyway may see some pump/dump action on pRiVaCy coins and what not.
Oops went afk and cant remember what else.
XMRUSD - Do not expect this one to turn bullish any time soonYou may have noticed the market standing still.
Bitcoin is really capable of going in either direction at the moment. But the direction for XMRUSD is pretty clear.
As mentioned in the last trade, XMR lost its uptrend. Furthermore it closed the monthly candle in a hammer candle, taking that downtrend / triangle resistance.
Be prepared for further downwards movement.
Happy Trading!
XMR BTC #XMRBTC (Short Term)
Buy: 0.00762600 - 0.00724470
Target 1: 0.00785478
Target 2: 0.00815982
Target 3: 0.00876990
Target 4: 0.00991380
Target 5: 0.01143900
Stoploss: 0.00706358
Invest: 3%
Risk/Reward: 5% / 54%
XMR 4HR Chart4HR Setup on Monero, XMR is looking great along with the rest of the Crypto Sector. 2020 Altseason back n kickin? Yes I believe so.
MONERO retrace to the 200 SMA before next leg up.I think XMR takes a trip down to test the 200 at around 7300 sats which also has strong support. Still bullish on this but think we go lower for now.
XMR - Monero Breaking Out of Falling WedgeMonero looks like a good buy here. The price action is bouncing off support, and it has broken out of its falling wedge to the upside. With good bullish divergence on the 4H time frame, I like this buy.
Monero (XMRUSDT) long.All description on the chart.
Please, don't forget to like and follow.
Thank you.
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