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XMRBTC

Path of least resistance - Monero AccumulationRight now Monero is near a point where there is a lot of resistance, while its support lower is weaker after being touched so many times. At the same time we have a clean accumulation zone. For now and until we break and close above 0.0143, being short is the most attractive option from a R/R perspective. Once we break and close above, being long makes a lot of sense. Monero has pretty good fundamentals (some of the best I'd say among altcoins). If you don't want to short straight away, wait for a confirmation candle as right now it is on a decent uptrend. My opinion is that we could see a wyckoff case where the price sweeps the lows and then breaks a lot higher
by BitcoinMacro
Monero Full Long Term Trade [XMRBTC](139% PP)Monero (XMR) Overview Private Digital Currency Monero is cash for a connected world. It’s fast, private, and secure. With Monero, you are your own bank. You can spend safely, knowing that others cannot see your balances or track your activity. Monero (XMR) Chart Analysis It is great to start by looking at the charts long term, gives you a better perspective and also helps you gauge the profits potential of an altcoin. Here is the long term chart for Monero (XMR): I believe the upcoming cryptocurrency bull market will be less “parabolic” than last time. Meaning, it will go as high if not higher (this will take a long time of course) than in 2017 but it will do so gradually… Taking longer to reach high targets. At least that is the feeling that I am getting from reading hundreds of charts and my general experience with these altcoins. Now, looking at Monero (XMRBTC) closer, you can easily spot the increase in green volume, as well as the fact that XMRBTC is now trading above EMA10. Here is the chart: Finally, easier to read is the weekly time frame chart: Marked green is our demand zone/support. A strong close below this level makes XMRBTC bearish, so we close our trade if that happens. Anything above this green zone we are positive and this is where we wait patiently for a breakout. Remember, there are many different ways to trade. You can buy in with a tight stop-loss awaiting the breakout, or you can buy after the breakout. Normally we trade by buying and waiting patiently. Note: This is a LONG TERM trade. Any trade can take days, weeks or months to fully develop. All trades remain active unless the stop loss is activated. We always raise stop loss above buy-in price after we hit our first target, regardless if it is mentioned, suggested or not. This is how you keep your trades profitable, cryptocurrencies are really volatile. Let’s get started… Let’s start to trade! Monero (XMRBTC) Trade Instructions by Alan Masters Buy in: 0.0122 – 0.0129 Targets: (1) 0.0139 (2) 0.0152 (3) 0.0165 (4) 0.0188 (5) 0.0209 (6) 0.0231 (7) 0.0266 (8) 0.0300 Stop loss: Close weekly candle below 0.0100. Capital allocation: <15%. I LIVE FOR THE DAY… AND THAT’S TODAY Living in the moment can expand your awareness and helps with increasing the enjoyment of life. Living in the moment might not be easy, but it is the way to win. So start living in the moment, appreciate the moment, enjoy the moment, focus on NOW! That’s today… The day for which I live! Namaste.
XLong
by AlanSantana
There is a possibility for the beginning of an uptrend in XMRBTCMidterm forecast: While the price is above the support 0.01185, beginning of uptrend is expected. We make sure when the resistance at 0.01395 breaks. If the support at 0.01185 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 48. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.01255000 to 0.01185000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.01255000) Ending of entry zone (0.01185000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.01395 TP2= @ 0.01580 TP3= @ 0.01710 TP4= @ 0.01900 TP5= @ 0.02040 TP6= @ 0.02300 TP7= @ 0.02565 TP8= @ 0.03420 TP9= Free
Long
by ForecastCity
7
A trading opportunity to buy in XMRBTCTechnical analysis: . Monero/Bitcoin is in a range bound and the beginning of uptrend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 49. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.01279700 to 0.01210440). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.01279700) Ending of entry zone (0.01210440) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.01388900 TP2= @ 0.01479200 TP3= @ 0.01552700 TP4= @ 0.01632840 TP5= @ 0.01753490 TP6= @ 0.01922380 TP7= @ 0.02157680 TP8= @ 0.02393000 TP9= @ 0.02574855 TP10= @ 0.03152420 TP11= Free
Long
by ForecastCity
XMR posiblemente rebotará una vez más en su soporte.XMR viene desde hace varios días y semanas corriendo en un canal muy amplio en lo que parece una etapa de acumulación. Ya días atrás, nos dio un buen rendimiento en un trade a corto plazo. Parece que va a seguir el mismo patrón. Si llegara a fallar parece que seguirá el canal y eventualmente podemos recuperarnos o bien hacer otra compra más baja promediando nuestro valor de costo. Estamos buscando comprar a 0.01281. COMPRA ~ 0.01281 VENTA* ~ 0.013248 - 0.01344000 GANANCIA APROX ~ 3.5% - 5% ¿Quiere profundizar más en el análisis? ¿Desea conversar u obtener más ayuda? Comente aquí o mejor aún subscríbanse a la comunidad Privada “3C Plus”. Envié un correo a crypto@3cservices.co ———————————— Síganos en redes sociales: Twitter: twitter.com Instagram: www.instagram.com Facebook: www.facebook.com Youtube: go2l.ink/3cyoutube ————————————
XLong
by cccservices