Monero (XMR) Long Term Trade (70%+ Profits Potential)Monero (XMR) just broke out of a falling wedge reversal pattern after bouncing from a December 2017 support.
Take a look at the following chart:
A closer look:
- You can also notice the strong bullish divergence on the MACD.
- Double bounce from oversold on the RSI.
- Plus two positive daily candles.
Monero (XMR) Long Term Trade by Alan Masters
TRADE INSTRUCTIONS
Buy in: Up to 0.0221
Monero (XMR) Targets:
(1) 0.0215 * Target reached 26-June * (For Alan Masters VIP)
(2) 0.0239
(3) 0.0253
(4) 0.0277
(5) 0.0305
(6) 0.0340
(7) 0.0378
Stop loss: 0.0161
Note: If stop loss hits and you still want to trade this coin, reload more and prepare for the inevitable bull run that always follows a bear run, check the "Next support" levels below to buy in, rebuy and reload.
Next support:
(1) 0.0148
(2) 0.0129
(3) 0.0107 (Major critical support)
Capital allocation: Up to 8%.
UPCOMING EVENTS
- Monero (XMR) - 16 July 2018.
Global Blockchain Cong. Riccardo Spagni will be a speaker at The Global Blockchain Congress (July 16 - 17, 2018).
- Monero (XMR) - 30 September 2018 (or earlier).
BulletProof Release. "BulletProof (BP) transactions may make it into the september 2018 fork" - Tx size and fees may decrease by 84%.
NIGHT & DAY
Long is the time that it takes to become awake.
The night is young. It always come, it isn't here to stay.
People go through their lives, sometimes not looking for their purpose, but really just trying to enjoy it, without worrying why is it that I am here in the first place.
It can take many years before you realize what it is that you experienced in a very specific day.
We all had many, many lessons, we are trying to figure out what type of game we are here to play.
We are all unique and special living beings. We are definitely not all the same.
But when it comes to our minds and our imagination, we are all like NIGHT & DAY.
Namaste.
XMRBTC
XMR: Breakout Alert vs. USD and BTC!XMR, the top anonymity coin has sustained a breakout from its downward channel with USD and BTC.
We target a 50% fibonacci retracement from its end of April high. Use small leverage and capital. BTC is hovering along the edge zone of a downward channel, and a small movement in BTC could impact the price of XMR substantially.
Buy: 120-125
Target 1: 135 (11.25%/8%)
Target 2: 156 (30%/24.8%)
Target 3: 178 (48%/42.4%)
Target 4: 205 (70.8%/64%)
Stoploss: 105 (-12.5%/-16%)
A trading opportunity to buy in XMRBTCTechnical analysis:
. MONERO/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0181 to 0.0170). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0181)
Ending of entry zone (0.0170)
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 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= @ 0.0200
TP2= @ 0.0211
TP3= @ 0.0224
TP4= @ 0.0232
TP5= @ 0.0249
TP6= @ 0.0262
TP7= @ 0.0273
TP8= @ 0.0304
TP9= @ 0.0320
TP10= Free
A trading opportunity to buy in XMRBTCTechnical analysis:
. MONERO/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0181 to 0.0170). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0181)
Ending of entry zone (0.0170)
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 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= @ 0.0200
TP2= @ 0.0211
TP3= @ 0.0224
TP4= @ 0.0232
TP5= @ 0.0249
TP6= @ 0.0262
TP7= @ 0.0273
TP8= @ 0.0304
TP9= @ 0.0320
TP10= Free
$XMR MONERO coming down for a landing then QUICK BULL RUN!I've been predicting this formation for a while (see related post called "Hold off on Monero. It's a long way down"). Last week we saw a major dip (albeit momentary) that proved to be a sign of things to come. We're now headed in a relatively clean arc downward to touch the support line that's been consistent for the last year. Keep in mind, I LOVE Monero. Fantastic fundamentals and I do think it is presently undervalued - it's just that the market doesn't necessarily realize that yet and so I'm waiting to buy it when it's cheaper.
BUY-IN: .0125-.0130 BTC
The reason being, after buying in (notice the GREEN ARROWS), there always seems to be a sudden ROCKET MOON SHOT up. Great for quick gains.
I'll continue to follow $XMR and $XMRBTC and I'll continue to update this post, so follow me for the updates.
MONERO: HUOBI LISTING & NANO LEDGER SUPPORT - PROFIT = 15.63%!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of June 2018 .
Using this buy in point and selling at today's peak price as identified by our N EW "Crypto Peak" Trade Indicator , you would have expected to net 15.63% PROFIT!!! IN LESS THAN 24 HOURS!!!
The increase in price may also be explained by positive developments including:
(NEW) June 1: MoneroVision.com , a brand-new open-source Monero block explorer is released.
(NEW) June 2: CoinGrocer.com , an online store selling 21k + Natural, Organic, Gourmet and Specialty Products is released and accepts Monero.
(NEW) June 5: Monero CLI v0.12.2.0 "Lithium Luna", which includes full support for the Nano Ledger (cold storage cryptocurrency wallet).
(NEW) June 6: The Waves Platform adds support for Monero. This allows users to deposit, store, trade and withdraw Monero.
(NEW) June 7: Huobi lists Monero.
(NEW) June 22: Edge Wallet adds support for Monero.
It is believed that a surge in volume is driven by Ontology's the developments listed above and broader recovery in the crypto markets.
***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 on guard of privacyCoin of the day is Monero.
For the past months EOS was one of the most powerful competitors of Monero, luring many investors with newness and good relations with the government of China. It is natural that Monero community overflows negative moods about EOS, which, in truth, have solid logic in themselves.
The main idea behind Monero is to be a secure private untraceable digital currency that is available to all, that in one way or another denies cooperation with government bodies. “Cyberpunk and decentralized spirit”
In its client-oriented style, Monero had a confrontation against Chinese miners and was forked so that China ASIC producers did not dominate the entire market.
Monero course goes in contrast to EOS (recently Ranked 1st, Bitcoin 17th in China’s Updated Crypto Ratings) which tends to cooperate with China government, at least they state that they are developing a model to meet the requirements of the Chinese regulator.
Quote from Reddit post by one of Monero users: “EOS changes its game very soon it has just become one of the greatest enemies of Democracy and Freedom”
Monero and other privacy coins strongly suffer from the intentions of many countries to fight or even ban them (ban by Japanese government etc.). Nonetheless, the confrontation with the system also suggests that Monero hits the right spot and in the future will contribute to the privacy rights of internet users.
Technicals
The downtrend was picked up at the 0.018 – 0.02 zone. March downtrend spent two weeks under the 0.02 psychological level but managed to return above it recently, showing the signs of a turnaround by breaking the Bearish Trend Line. Next resistances on the way up will be 100-days EAM and 0.024 level. From the downside 0.018 – 0.02 zone should stay supportive for the further development of the upward momentum.
XMRBTC Ride the pony!XMR has a lot in the works. The biggest being the launch of Tari soon. This drop is price is a pure blessing to load up!
We can see xmr is still holding the mega channel with taps of the 100ma and 100ema down there.
Expecting a nice bounce from here to 022-024 area. 026s would be a fomo top for now.
Take luck :)
Strong buy opportunity. monero $XMRTechnically $XMR has formed 'falling wedge' on both against USD and BTC .
Fundamentally Coincheck is liquidating all the positions on people who still holds XMR.
Both are happening at the same time, this can't be a coincidence based on my personal trading experience.
Trade with care, remember to apply R&R rule on any circumstances to stay consistent overtime.
!!Disclaimer!!
*This is NOT trading advice, you are responsible for your own action.
Blowout Clearance Sale! ($Monero)- Monero (XMR/USD) still sitting far below its 200-day SMA
- daily RSI at all-time low (oversold!)
- broke major support line at $150 (when BTC -0.20% broke $7000)
- currently finding support around $120 (high volume node)
- highest volume price nodes on Bitfinex: $50, $100, $120, $165
- likely trading range for the next few weeks: $100 - $150 (depends on BTC -0.20% )
- lots of Monero FUD in circulation (mining malware, hard forks, exchange delistings, etc)
- very bullish on XMR long-term, but currently flat until BTC's next bullrun...
Monero between S&RMonero (XMRUSD) made a recovery on Thursday after dropping for the past week.
Price is now in the middle between support and resistance areas.
If price rallies up to the $150 resistance, we can expect a reaction and a possible drop.
If price continues its decline, we can expect a reaction from the $100 support area.
Good Luck,
CryptoTrendline
$Monero , $XMR No Romance
Daily
Looking at our highest timeframe we see XMR is an aggressive downtrend, breaking our support and showing no signs of slowing down. Stochastic RSI showing momentum not slowing as well. Major support shown at 1725000 expecting a bounce off this level, will be looking at the daily timeframe for a confirmation of support. In the meantime we sit on our hands and wait for price to reach it’s target, remember money is made in bear markets and collected in bull markets.
XMR , ETH , XRP, LTC About to boom ! Watch this Monero AnalysisHi Traders .. Keep it simple . cryptomarket will be bullish soon . Watch my Other ideas on CryptoCoins
Monero (XMR) fast swing trade (26%)-XMR support clearly held well and we had a bounce
-RSI downtrend is broken
-First resistance zone at 215-220$ (also triangle resistance) very likely to be reached (+26%)
-We will re valuate when close to resistance if there is a chance of break up o it will go back to support ( needed volume)
-Stop loss 142$
-Risk Reward Ratio 1.74
A trading opportunity to buy in Monero ...Technical analysis:
. MONERO/BITCOIN is in a downtrend and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Trading suggestion:
. The price is in a downtrend, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0210 to 0.0200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0210)
Ending of entry zone (0.0200)
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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0224
TP2= @ 0.0232
TP3= @ 0.0249
TP4= @ 0.0262
TP5= @ 0.0273
TP6= @ 0.0304
TP7= @ 0.0320
TP8= @ 0.0356
TP9= Free
A trading opportunity to buy in Monero ...Technical analysis:
. MONERO/BITCOIN is in a downtrend and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Trading suggestion:
. The price is in a downtrend, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0210 to 0.0200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0210)
Ending of entry zone (0.0200)
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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0224
TP2= @ 0.0232
TP3= @ 0.0249
TP4= @ 0.0262
TP5= @ 0.0273
TP6= @ 0.0304
TP7= @ 0.0320
TP8= @ 0.0356
TP9= Free
XMR/BTCDuring this week, Monero hit the bollinger band's bottom part, therefore it is going to make a regulation when it becomes 25000 Satoshi. However, it is going to in the moment it hits the upper part of the bollinger it is going to provide another opportunity for buyers and later is going to rise again.
BCNXMR Bullish Bullish BullishAfter binance spike, BCNXMR is the pair which was the strongest in correction phase.
If January resistance breaks, the binance high is just a matter of time.
MACD is nearly crossing in daily, watch out!
On the fundamental hand, Bytecoin was often blamed being a scamed from Monero community.
You can only speculate, but the rise of XMRBTC in 2017 is also mainly due to a very strong community.
The Monero community weakens a lot, looking at a few unsuccessful hardforks,
moreover the XMRUSD Chart is one of the weakest in crypto at the moment.
It seems likely that Bytecoin will strengthen its position as first cryptonote coin.
XMR/BTC Monero LONG (Short-Term Trade, Realize Profit 1-2 Weeks)Monero testing 7 day (short-term) RSI undervalued. This line (20) hasn't been broken since November 2017 and current chart patterns look quite similar to the long decline that occured before November 2017 as well. Briefly tested in April but very quickly bounced back, it has tested this line 3 times in recent days and may break through but will very likely bounce back strongly if it does. Good short-term entry around 0.02 BTC price.
