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XMRBTC

Monero Analysis (XMRBTC): Intraday Timeframe Chart PatternsConclusion for today’s Monero Analysis (XMRBTC): Price closing above ~0.01179518 implies resumption of the current bullish swing from May 13, 2019. The 1 hour timeframe of Monero (XMRBTC) is presented using a log scale. Price action covered focuses on the bearish price channel to current date. A break out with XMRBTC closing above the upper boundary of the channel provides evidence for a termination of the current downtrend. In addition, sideways price action has followed the channel with the formation of a symmetrical triangle (coil) reflecting a balance in power between XMRBTC bulls and bears. Of important note is the presence of a pennant structure inside of the symmetrical triangle. This is acceptable as a formation as chart patterns naturally can nest inside of one another. The pennant is ideally a continuation pattern suggesting that the previous trend should resume upon completion (or confirmation) of the chart pattern, and in this case, bullish. Horizontal lines of support and resistance boundaries are also indicated on the 1 hour timeframe with a close below 0.01012464 indicating resumption and bearish strength. The most conservative entry into a long position therefore involves buying Monero on a break above the uppermost boundary of intraday resistance at ~0.01179518. Buying on a break immediately after a break of the pennant to the upside is considered less conservative as it anticipates a break above resistance and therefore resumption of bullish momentum.
Long
by Coin_Analyst
XMRBTC Finally going to make some NOISEJust want to start off and say thank you for taking the time to read my post. XMR/BTC My interest lately has been on Monero (XMR). Throughout this mini "alt szn" Monero has held pretty quiet, all while loading into a pattern. After looking more into it, Monero is setting up the same candlestick format as its local bottom back in August of 2018. This move back in 18 had monero on a +30% decline into a triangle, where it would explode out to post a 47% gain. It blew off steam at the .65 fib extension (my preference to use over the .618 fib) which is where it was met with a correction. This time around we are also on a +30% decline into our triangle, however I'm eyeing a smaller jump than before. My trade setup R:R is 5.7 (4.3%--->24.6%). I hope I was able to elaborate my plan and reasoning behind this next move, good luck!
XLong
by wolf_rojo
XMR: Privacy in (Crypto) Space - The Odyssey to $158 & beyond!Freedom and Privacy are rather valuable commodities. The XMR project is a top contender in this sector and therefore, in my mind, a top contender against BTC. I believe it is massively undervalued currently. Time will tell. On a more serious note, I am now claiming to be a prognosticator with super-dank ESP powers and such... I receive inspirational visions of infinite beauty that I have transcribed for you with crystal clear photographic reproductive quality on this chart. Dankin, out.
XLong
by Dankin
Lets get ready for This BaBy Bull!! XMR!! Dam Xmr!! i love everything about you so we gonna trade you for the next 3 years lets start Xmr in great loction for long term hodl = So this is the plan they might squsse us for 1-3 months xD But we are ready for it as well so follow the golden rule signal pop up? enter market and wait for close might take 2 weeks might take 2 months xD THE longer it take the more we can do lets say buy order apper at 0.01 and you buy 100xmr and xmr keep dumping in term of usd what we do ? adding 25xmr to our xmr holding every week ingnoring price 2 months? 300 xmr 4 months? 600xmr or more xD entery isnt 0.01 any more more likly near bottom prices lets moon!!! fuck weak hands we will accumelte xD Probbly 3-5 years of bloddy bull xD so lets be bull throw the good and bad xmr we love you!! but we just want more badgers!!! btc the king!! ibb.co we getting near to a signal to shot up thats mean or insta moon or scale time and remmber bull always win just keep buying xD Party starting now
Long
by Bull4Life
Monero Ascending Channel (Bullish Potential)Monero (XMRBTC) is trading within an ascending channel and is showing a pretty simple and basic set up. Now that the lower end of the channel has been touched, you can expect a bounce from current price level. If XMRBTC is to drop lower, support can be found on the next fib. level. All details can be seen on the chart. Take a quick look at our Monero (XRMBTC) Full Active Trade : Feel free to hit like to show your support. Thanks a lot for reading. Namaste.
X
by AlanSantana
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