XMRBTC
Eyes on long-term XMRBoth USD and BTC price reaching areas of possible reversal on long-term weekly charts. Posed for potential breakouts at the bottoms of downwards wedges in both charts. Bullish divergence has appeared for the last two lows on both MACDs. RSI is not showing bullish divergence but has recently touched and rebounded slightly from oversold areas, also posed to breakout through resistance in downwards wedge formations.
A corrective bounce to either of the last fib lines suggest possible XMRBTC targets of 0.016 (+20%) and 0.020 (+50%), with possible XMRUSD target of $130 (+245%).
Monero ($XMR) - simple buy and sell. Green - buy. Red - sell.
I do not recommend using this chart for margin trading.
It's not a financial advice.
Trade carefully and good luck!
It Is That Time Of The Year Again For XMR/BTC (MONERO) Hello, in this post I will share boh my Analysis and Strategy on XMR/BTC (Monero).
Monero is the top 13 coins in terms of marketcap, used to be in the top 8, lost 90% in value since last ATH, and is I believe undervalued right now.
This said Monero's price is indexed on Bitcoin, and tends to behave nicely when Bitcoin shows some green. So this might be wise to wait a little before entering a position on XMR.
Here is my latest analysis on Bitcoin, that I will keep updated.
I was looking for a coin to trade with my Automated Strategy on Binance, and Monero looks like having a huge space for a move up. Indeed I prefer to not use leverage or short for now, since I'm not an expert, so I use a simple Buy and Sell Strategy.
I backtested my Strategy Crypto Trader 1H ( results below ) and found a configuration for my bot. The idea is to outperform Buy & Hold ( grey line). Next signal will be a Buy, I will keep you updated.
XMRBTC - what next movement? - price analysis?hello guys, as per analysis we found symmetrical triangle and can be traded for profit. We drawn some targets as per pattern and resistance.
trader can trade now inside patttern but for safe trade wait for pattern breakout. We will update the chart as per changes.
Stop loss recommended
Will this Bullish Break Lead to the End of the Bear ?? LONG XMRMaybe this is an ending triangle? RSI has come to life breaking through 40 and holding on a couple tests setting up this price triangle. ADX is reset and ready for a new trend. Is this the end of the bear for XMRBTC?
Monero (XMR) - A little more downside before recovery?Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
I'll keep this one a little short and sweet. There is potential that XMR has bottomed out but with the overall sentiment of the market, it wouldn't surprise me to see one more push down before recovery.
Don't get me wrong, these prices are steals but with the formation I see at the present moment (it's a little difficult to see on the 3 Day chart) shows one more push down, putting us at approximately .0090 or .0091 but I expect this to spring like no other so if I was a betting man, I would set some orders around there in case there's a wick down in that general area. According to bitfinex, that would put the XMRBTC level lower than it ever has been. .0093 is basically the all time low.
Will it get there? Only time will tell but I would say we've got about a week... two weeks tops, before we get that spring. Once the pivot occurs, I can see us reaching .02 as the first take-profit level. I'm not sure I would be targeting .03 or .035 anytime soon.
Megalodon Pro Automated Trader - Monero - Short Term Bull Megalodon Pro Automated Trader is giving short term buy signals(orange) on hourly time frame.
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Some of the backtesting results are:
BTC/USD for longer time frame trading in the bear market for the last year.
APPLE for longer time frame trading in the bull market for the last 10 years.
EURO/USD for day trading in the neutral market for the last month.
BTC/USD for day trading in the bull market for the last 15 days.
APPLE for day trading in the neutral market for the last 2 days and 6 hours.
MONERO INSANE PROFIT ?!?!
XMRBTC situated into a big big falling wedge which is a reversal pattern. What is the most important XMR have SMA monthly support which is insane strong :)
Stochastic is oversold
RSI curbating up now is below neutral zone
MACD probably will curbate up soon because to remain bullish in long term we need to hit neutral zone(0) and go up
Nice volume for growthMonero just received some huge volume supporting price growth. It means it will grow more. Either from where it is now or after pullback for rebuy zone at 123-125. Target 145. SL below 124 (maybe below 122 for safer trade).
XMR: Monero Descending Channel !!Buy After Successfully Breakout Monero and then you can see Bounce back in price.
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Monero [XMR] still existsLook, here it is being alive like it's many crypto lifetimes ago!
Totally forgot this old-boy existed, let alone still had the ability to hold a pulse.
Monero - WHY not buy?My next epic TA..
Just tell me why no profit with Monero? Some events comming too..
Buy XMR, hold, make profit, or just hodl it if you want, its one of top coins in good dip..
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I'm not a professional trader, but amateur. I do not understand too many technical aspects (trying to learn), and I do not know much formations.
All my analyzes are purely like a hobby. I do not like IF, WHEN in ideas - everyone wants to be right, and after IF - they have...
I share my thoughts here because I enjoy it.
I'm not responsible for your losses, thank you for your understanding.
My own ten (I'd like to follow, I'm working on it):
1. Follow the tenth
2. Patience
3. Modesty
4. No emotion
5. Do not get into the rocket (do not buy pumped)
6. Be on the launch of the rocket (buy dips)
7. Do not buy allin
8. Do not sell at loss - we are in very volatile markets (+/- 3x can get in 1h, often big dump/pump manipulation hit your SL and price is back), its about time - beware of point 5
9. At a big loss (eg -20%+) buy more (dip)
10. Do not forget to live a reality, enjoy it
If you want, for inspiration or profit ;)..
BTC 39jjWcxxpUY9Qb8HmMmoL9cmeyJ4ty4Xvv
ETH 0x8F43Fc43E2b7a9f415BF286469AA3F2b39810D7b
LTC MAUxLV1gm6UWPztYM1AtoFJUfgxt2MZwHV
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#XMR MONERO #LONG - Bearish Butterfly Pattern - Harmonic Pattern#XMR Monero has given point C for a possible Butterfly Pattern (purple) that plays stronger than formed triangle (blue), good for #long. Dropping below 88.6% retracement fib. bookmarked at red will invalidate pattern, so it's a good area to place stop-loss.
After reaching Point D we should see a reversal and the possibility to #short. TP (Take Profit) on the short side would be Point A for a more aggressive approach and Point B for a more conservative one.
XMR quick scalp
Lets see how this rolls out, XMR looks promising for a quick skim around here - I predict it will bounce off the 200MA but if it breaks through it could be even better.
RSI signaling oversold on daily and hourly - while showing bullish flags.