XMR/BTCHello again !
I drawed a major lines, which I will watching at 4h timeframe.
Will hope, Monero is capable to jump from green support at 0.023805.
If not, next chances are 0 FIBO retracement and green dashed line.
For now, we´ve got a sell volume and MACD not prepare for uptrend signal yet.
Also EMA´s created a death cross. I am waiting for reversal to golden .
That´s all now, I will try to update.
Please, do not trade my ideas.
Sincerely.
Mario Emvo.
*This is not a financial advice.
*Only for educational purposes.
XMRBTC
$XMR - Monero Daily ChartMonero has has been a good overall coin in the privacy sector for months and has a strong longer term outlook. For entry here I wait for a confirm change in trend and looking for this current channel to break. We have the indicators of a new trend today as we have a nice green candle forming with some divergence on the BB% indicator and the AC oscillator is moving above the zero line showing there could be a new trend, however we wont confirm the trend change until we break the current channel. Along with the channel break, I want to see a candle close above the 20 period moving average then we need to break Resistance at 2439439. It is a lot to wait for here to look for a good entry, but I hope this indicator shows we are heading in that direction. If we are unable to break the channel and head south once more, support is around 2205299 SATS though the bottom bollinger line right now is slightly above this, so we may get a bounce there as well.
MONERO vs LITECOIN XRM/LTC BullishMONERO and LITECOIN show consolidation with solid bottoms and increasing momentum. Good time for entering a position at a pull back. Stop loss, targets (yellow lines) and max targets as shown. Good luck.
Monero Walking The Golden LineMonero is walking the golden line once more. If Monero can stay above it we might see another push towards the top of the light blue channel (around 0.036). If it falls below I believe we could retest the bottom of the light blue channel (around 0.0137). Only time will tell.
$XMR BUY ZONE IS COMING SOONHello Lads and Ladies,
Monero is since the beginning of the year in a channel between 0.024 and 0.030750. Looking back we see that as soon as XMR breaks the 0.024 support it bounces back up to 0.031 after a short move sideways pretty soon. As we are looking at the chart right now, XMR has just hit the crucial support line and either makes now the sideway move, or breaks down to the 61.8% fibs line at 0.021 from where it would bounce back up pretty fast. Therefore the BUY ZONE is allocated between the 50% fibs and 61.8% fibs lines. Since Bollinger Bands were just crossed at their top, there is a good chance we see it coming down to 61.8% fibs.
Short term, look for buying opportunities under 0.022
Long term, chill and sell a good chunk at 0.030
If you are already in, you can gamble with 25%-50% that it goes down to 0.021 and re-buy at the buy zone.
As a JOKE we are testing the rocket formation theory.
Cheers, Tomas
sideways xmrAfter a decent little pump, xmr corrected and is now going sideways. Volume seems weak. Gonna wait until price confirmation whether or not it decides to start going up. The bottom of xmr is somewhere down here. Whoever gets the best entry gets to win. Good luck.
xmr long w00t.so the xmr long was good. i also shorted the top but sold that quickly. thinking this will go half on the up candle. going long again but setting levels to buy again. monero will break out of the channel upwards most likely if btc plays ball. hope everyone took some profits. good luck.
xmr still in channel.we got a small dump with the bitmex problems affecting surrounding btc markets. net long from the bottom of this channel. lets see what she do. use stops if you are leveraging and keep the positions small enough to manage. gl.
A good opportunity to buy in Monero, let's hunt it togetherTechnical analysis:
. MONERO/BITCOIN is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.0235 to 0.0224). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.0235)
. Ending of entry zone (0.0224)
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= @ 0.0250
TP2= @ 0.0260
TP3= @ 0.0273
TP4= @ 0.0304
TP5= @ 0.0320
TP6= @ 0.0356
TP7= Free
A good opportunity to buy in Monero, let's hunt it togetherTechnical analysis:
. MONERO/BITCOIN is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.0235 to 0.0224). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.0235)
. Ending of entry zone (0.0224)
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= @ 0.0250
TP2= @ 0.0260
TP3= @ 0.0273
TP4= @ 0.0304
TP5= @ 0.0320
TP6= @ 0.0356
TP7= Free
Monero Bitcoin Trend lineIn This chart we have found some resistance in over the line and now we are heading toward support line if we bounce back from the support line and break the resistance. you can play a trade there and keep an eye on the Volume Guys... We need some Volume before we break the resistance...
MONERO - COMPLETE CYCLE RESTART - 30% potential, 4h/BINANCEBINANCE:XMRBTC is reaching it´s well established support zone.
Will the cycle repeats it self again?
Breakout of the resistance will confirm this scenario.
Thanks for Your time!
Marek
XMR Long May/June 2018 and Last Call 4 Digit BTC Same TimeframeNovice prediction. Not advice.
XMR Long MAY/JUNE 2018
Monero has had one of the best looking ratio to BTC charts out there. As BTC dips during May, I see XMR performing well. I see BTC getting back to around 7K, before it takes off for good. I believe the next bull run late Summer/Fall leading into Dec of 2018 will be mind shattering for all crypto. Easily a $50K+ BTC run in less than 12 months. Retraces back down to ~15K as new low in 2019.
BTC Long After Final Bottom Happening Summer 2018
Projecting into future, I assume BTC will see longer more gradual bull runs generally 12+ months, with corrections lasting 6-8 months. (Price still being much higher than $10K).
Prediction BTC Lows/Highs Over Next Year
$7,000( Last Call for 4 Digit BTC June/July 2018 )/$25,000
$15,000/$50,000 (2018/2019)
Cheers to the future ladies and gents.
Monero - Falling Wedge LongMonero now in BTC and USD in very attractive zone.
Waiting for breakout this falling wedge today or tomorrow.
Stoch RSI on 1D ready to start.
I publush possible reversal and target zones.
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