XMRBTC
MONERO XMR 150$ PRICE TO WATCH? lets find out..BULL or BEAR?Monero (XMR-USD) : has been a long journey down the channel, since that peak on March, nothing has been green here..The anonymous coin that launched a new way to pay the black markets, has turned RED!
Troubles over and ready to jump up to bullish territory? let's talk about it..
Why are we so interested on XMR? it has a reputation, many transaction are actually real payment between people and thats a huge must, is not just speculations, it is the real purpose of a coin,
the coin is at the moment present on 93 Crypto exchanges (coinmarketcap.com) and that's quite interesting as well as makes it a very popular coin (ranked 10th)
The technical analysis on the other side is not that great:
Huge resistance at 150$ makes it almost impossible to jump out without expecting some battles at those levels, but the increase on Volume on 1st sept could be a possible Descending Triangle ends, that could allow Bulls to push till 150$, but then indicators as RSI shown already not too much steam (almost oversold) that's why we expect the resistance to act accordingly.
After this touch there could be interesting opportunity on the recovery of this coin. Might take time, and we recommend to watch out possible support levels at 84$ level , if support work solid and Volume increase, could be a nice opportunity to jump on the Bull side and broke the 150$ resistance, otherwise if not supported by volume a possible crash to lower level is possible.
Hope this will inspire some new ideas, don't forget to hit the like/follow button if you feel like this post was helpful, that's the best way to support us and our work.
Happy trading days
C-Monkeys
Why I bought XMR, update (XMRBTC,XMRUSD,XMRSHORTS)Hello everyone
A lot of interesting stuff is going on for XMR, I think that the technical are ideal, this is a perfect opportunity to trade XMR (if you ask me), this is why!
XMRUSD
-So I was looking at this downwards trendline for quite some time (yellow), finally yesterday we’ve broke that very strong resistance line. This was resistance for over 5 months, the fact that we’ve broken that line is huge!
-we’ve also broke an important resistance line at 121, the next resistance we’ve to look at is at 150. I think that we’re going to find some resistance there if volume stays like this. I expect XMR to balance between 121 and 150 before breaking to the upside or downside. In the mean time we’ve got a margin of 30USD to trade with. If we confirm to break 121, than that will be a huge support-line.
-rsi is favourable. We’re going to the oversold area but there is still a big margin. RSI is now at 64, we could easily see this rally up to higher levels ( 75-80).
-the stochastic RSI has broken again at the upside which means that there is still enough momentum for XMR to go up.
XMRBTC
-very interesting chart, we can see that we’ve found support at the same support-line for 6 times now. The only way is up here! There is still a lot of margin to outperform BTC for the upcoming days. if we go back down again, then I think that the lowest point we could potentially go is down to the support line.(upwards support-line)
XMRUSDSHORTS
We can see that there are a lot of people still sceptical about XMR, that’s okay! This is a very good technology and one of the best privacy coins out there! If XMR goes up and the shorters panic, that could give a snowball effect and a lot of people that could cover their losses with buying in! there is plenty enough margin to go here!
this is a long-term trade, i don't expect XMR going to the moon today or tommorow, just think this is a very solid technology and i see a lot of potential for this coin!
(i'm a long term investor and no financial advisor, do your own research)
Love to hear your opinion on this!
DM's and comments are always welcome.
Leave a like if you appreciated it!
MONERO: INVESTMENT GROUP PREDICTS 38,381% GAIN -PROFIT = 44.83%!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 44.83% PROFIT!!!
The increase in price may also be explained by positive developments including:
June 1: MoneroVision.com , a brand-new open-source Monero block explorer is released.
June 2: CoinGrocer.com , an online store selling 21k + Natural, Organic, Gourmet and Specialty Products is released and accepts Monero.
June 5: Monero CLI v0.12.2.0 "Lithium Luna", which includes full support for the Nano Ledger (cold storage cryptocurrency wallet).
June 6: The Waves Platform adds support for Monero. This allows users to deposit, store, trade and withdraw Monero.
June 7: Huobi lists Monero.
June 22: Edge Wallet adds support for Monero.
June 26: Ivan on Tech interviews Riccardo Spagni (aka fluffypony)
June 28: Trezor announces Monero integration.
July 2: Nanex cryptocurrency exchange lists Monero.
July 3: BitBay (cryptocurrency exchange) lists Monero.
July 12: Monero CLI 0.12.3.0 "Lithium Luna" released
July 13: Abra -5.88% CEO notes "Abra enables purchases of bitcoin, ether, litecoin, digibyte, monero and more using your Visa or Mastercard in over 50 countries"
July 17: Kudelski Security audits their Monero's Bulletproof's integration and notes that "only a few minor issues that are trivial to correct, and no major issues."
August 9: Ledger Nano S adds support for Monero.
August 31: Monero (XMR) Price Surges After Receiving Quantitative Prediction of $39,584. Monero has also been the subject of a very bold and optimistic prediction by ICO advisors Satis Group. The team have analyzed various coins and have predicted that Monero will grow 38,391% in the next ten years
The price increase is the result of a recovery in the overall crypto markets and the positive developments highlighted above.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
Monero bounces off of the trend lineAfter creating a series of the lower lows, #XMRBTC has found a support in the familiar place - a major supporting trend line. For the fourth time in a year and a half, the coin bounced off of a supporting trend line. Currently, the coin is pushing higher and trying to clear the next resistance, a minor down slipping trend line connecting swing highs during the last four months. If it manages is to break and close above this trend line as well, look for a bigger move to the upside with a horizontal resistance (former support) and 38.2% Fibonacci being targeted as the next resistance levels. Moreover, the 100 DMA is approaching the horizontal resistance and IF Monero gets eventually there, we may have a confluence of two huge resistance players - horizontal line and 100 DMA, around 0.01770. If, on the other hand, Monero fails to rally and touches the major trend line again, the chances of a break are much higher as the coin failed to capitalize on the current move higher. If this scenario plays out, a quick trip to 0.01100 is on the cards as many stops are placed just below the major trend line.
XMR/BTC Long Looks primed to pump or is it a trap... You decide!Here we have a long gain for XMR/BTC Buy area is .014 through .0122 range (Blue Box) We see support test that bottom trend line multiple times
Also look at the similarities on the RSI (blue boxes) First major run up just barley touched the RSI level in Feb and then again in Aug…. Then we see a change in the indicator pattern in and around October where it goes below RSI and bounces and touches lows 3 times…and current RSI has broken below RSI and so far bounced 2 times with a 3rd on the way.
I will be placing buys in and around the .014 range and lower maybe even a few below the trend line and wait while also setting stop loss.
HOWEVER If you look at the whole chart it looks like a massive slightly wonky head and shoulders (not a perfect one but slightly you can make one out) …which if it is then we could see XMR dump well below .01
Good Luck Trade smart!
The Simpsons are coming back! (MEX-MAINTENANCE (for fun))This is an analysis just for fun as bitcoin is highly manipulated and there is no chance to find the right way it will go.
But anyway - we are really bullish as you can see Bart is getting older and so is BTC!
If you want to trade - yes! Go ahead! All exchanges will take your bitcoins! Do not worry!
Tether was printed, maintenance was done, some strange things are going on. It is like a puzzle!
It is like gambling so far! Maybe it is better to go to a casino and start playing roulette as you do not pay any fees. It is almost 50/50 (expect of 0)
It is fun when every trader says one day - we go to 100K - and the other day - we go to 2K.
A lot of people have lost money in this game. It should be regulated as soon as possible otherwise more and more people will lose their money and this is not the goal of cryptorurrency! This is a highly manipulated market and it needs to stop it.
XMR to 170 is not unrealistic!This is why! Update(XMRUSD,XMRBTC)Hello everyone
Today I was looking at crypto market valuation and the coin that really stood out to me was XMR (Monero). We’re going to have a look at XMRUSD, XMRBTC and finish it off with the XMRUSDSHORTS chart. This is why XMR is interesting at the moment!
XMRUSD
-So here the same thing as the other coins: we’re creating new lows since the big bull-run in December. Creating lower highs aswell, which are all very bearish signs. If we have a look at the hourly/ 4hr chart, we can see that we’re now in a small uprun and creating ‘higher lows’, it’s a nice start but don’t get to carry away about patterns in very short term time frames.
-So if you ask me, we’re entering the buy-zone. Why? So we’re definitely in a downwards momentum at the moment, we’ve had a correction of around 80%, but we’re entering at very big support lines if we have a look at the chart. My buy-zone is between (76-89). Not only on XMR, but also for XRP, EOS (ideas on my profile). The shorts are very high which could indicate that a shortsqueeze is not far away (further more info). BTC is now at 51% dominance which is huge,…
-Another thing which is interesting to see is that we’re possibly creating a reversed head and shoulders pattern, which is a very bullish indicator. (we’re creating one in EOS aswell, idea on profile). We can see this pattern getting created at the huge resistance at 140. (speculative)
-So what I’m looking at is if we break this downwards resistance line and make a higher low! That would be very healthy for XMR.
-Risk/reward: if we check the risk reward we can see that in worst case scenario we go down to 76, if that happens, we go down with 20.8%. if we go up, our first resistance is at 140 (go up with 45%, best case scenario go up to our first resistance zone at 158, a gain of 72%. So we can conclude that this could be a potential opportunity.
XMRBTC
-It’s very important if you check altcoins valuations, that you check their valuation against BTC, because BTC-price action is still very influential in crypto space.
-So if we look at the XMRBTC chart, we can see that we’re holding a very strong support at an upward going trendline. It’s now the 5th time we’ve found support on that support. This is a huge deal, this could indicate that XMR will outperform BTC for the next few weeks.
-Risk/reward: if we switch our BTC for XMR: if we go down, worst case scenario a loss of 12%. If we go up our first small resistance zone is up 26% above current levels, our second resistance at 68%, could even go up with 126%. Huge opportunity right there!!
XMRUSDSHORTS
-The shorts are not so extreme as in some other alt-coins BUT, still enough momentum and liquidity for a possible short squeeze for sure! For those who don't know: a shortsqueeze is when shorters panic buy because the prices are going up to cover their losses.
Love to hear your opinion on this!
DM's and comments are always welcome.
Leave a like if you appreciated it!
MONERO: MARKET RECOVERY & LEDGER ADDS SUPPORT - PROFIT = 23.17%!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 13th of July 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 23.17% PROFIT!!!
The increase in price may also be explained by positive developments including:
June 1: MoneroVision.com , a brand-new open-source Monero block explorer is released.
June 2: CoinGrocer.com , an online store selling 21k + Natural, Organic, Gourmet and Specialty Products is released and accepts Monero.
June 5: Monero CLI v0.12.2.0 "Lithium Luna", which includes full support for the Nano -2.13% 1.29% Ledger (cold storage cryptocurrency wallet).
June 6: The Waves Platform adds support for Monero. This allows users to deposit, store, trade and withdraw Monero.
June 7: Huobi lists Monero.
June 22: Edge Wallet adds support for Monero.
June 26: Ivan on Tech interviews Riccardo Spagni ( aka 1.55% . fluffypony)
June 28: Trezor announces Monero integration.
July 2: Nanex cryptocurrency exchange lists Monero.
July 3: BitBay (cryptocurrency exchange) lists Monero.
July 12: Monero CLI 0.12.3.0 "Lithium Luna" released
July 13: Abra CEO 1.24% notes "Abra enables purchases of bitcoin -3.83% , ether, litecoin, digibyte, monero and more using your Visa or Mastercard in over 50 countries"
July 17: Kudelski Security audits their Monero's Bulletproof's integration and notes that "only a few minor issues that are trivial to correct, and no major issues."
(NEW) August 9: Ledger Nano S adds support for Monero.
The price increase is the result of a recovery in the overall crypto markets and the positive developments highlighted above.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
XMR almost reaching the support areaXMR needs to touch the support área, around 0.012. It has touched it 4 times before and I'm currently waiting for it to touch the 5th before expecting gains coming from XMR. For now the moving averages still show bearish signs, which I'm expecting it to touch it sometime next week or even this weekend.
#MONERO #BITCOIN #BITCOINPRICE #TRADING #BITDHARMAProfit target:
- 15700 Sats
- 17000 Sats
- 18000 Sats
$XMRPeople who are holding aren't looking at their BTC value
- chart is all based off BTC movement, could easily dump much lower
- Alts will fall with bitcoin
Monero breaks the triangle downMonero has broken out of the triangle after a consolidation period. The coin has pushed through the trend line support and closed below it. In a perfect manner, it returned back to support, now resistance, touched it and rotated back lower. In these scenarios, the price action usually goes and at least tests the previous swing low, but also prepares a ground for the new set of lows. The bias, in this case, is clearly bearish as traders are looking to sell any bounce, as it happened with the re-test of the trend line. If we continue lower, watch out for a test of the 161.8% support zone around 0.01500. If, on the other hand, we brake into the previous triangle again a test of the previous swing low around 0.01700, now resistance, coupled with the 200 MA, is highly likely.
MoneroBTC: 3 crucial info. to keep in mindThe 4 hour timeframe chart of Monero (XMRBTC) is shown in this analysis with commentary provided below based on the numbers marked on the chart.
(1) Price action in Monero from April 20, 2018 to April 26, 2018 formed the right shoulder (rs) of a head and shoulder top pattern in Monero, which progressed into the bearish channel.
The bear channel has contained price action ever since, and is therefore important to pay attention to for Monero (XMRBTC). Price closing outside of the channel is a great opportunity to enter long trades if confirmed by bullish momentum. Other less conservative approaches to going long (buy) would seek to buy XMRBTC prior to price action breaking to the upside of the channel.
(2) Support region which is between ~0.01491 and 0.01175 is anticipated to provide an entry opportunity into a long (buy) position. The bottom of the current bear channel does coincide with the lower region of support i.e. 0.01175, which therefore increases the chance of price action finding support in the mentioned region above.
(3) The relative strength index (RSI) currently has a downward slope, which indicates the chances of price continuing its path downwards to the support region. The conclusion therefore for this analysis is that Monero (XMRBTC) is in a downtrend (sellers market), and any long (buy) position requires patience for bullish momentum to resume.
There is a possibility for the beginning of an uptrend in XMRBTCTechnical analysis:
. MONERO/BITCOIN is in a downtrend 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 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0157 to 0.0147). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0157)
Ending of entry zone (0.0147)
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= @ 0.0180
TP2= @ 0.0191
TP3= @ 0.0200
TP4= @ 0.0211
TP5= @ 0.0220
TP6= @ 0.0232
TP7= @ 0.0249
TP8= @ 0.0262
TP9= @ 0.0273
TP10= @ 0.0304
TP11= @ 0.0320
TP12= Free
There is a possibility for the beginning of an uptrend in XMRBTCTechnical analysis:
. MONERO/BITCOIN is in a downtrend 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 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0157 to 0.0147). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0157)
Ending of entry zone (0.0147)
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= @ 0.0180
TP2= @ 0.0191
TP3= @ 0.0200
TP4= @ 0.0211
TP5= @ 0.0220
TP6= @ 0.0232
TP7= @ 0.0249
TP8= @ 0.0262
TP9= @ 0.0273
TP10= @ 0.0304
TP11= @ 0.0320
TP12= Free