Looks Like Monero Is About To Go HAMOn December 28, I posted a chart highlighting what I thought was the most important line in the history of Monero. I have updated it here. In the past two years the price of Monero has interacted with this key level 8 times. More often than not it acted as strong resistance and the price fell back immediately. The one time this way not the case was in August-September of 2017 where the price stayed above this level for 38 days before falling like a brick due to BTC running. Since the 6th of January 2018 we have remained well above this key level for a period of 52 days, which is very significant.
I believe that we are building a massive, four month ascending triangle, which is going to breakout in the next few weeks.
There are multiple reasons why I'm bullish on Monero. From a TA perspective, the RSI is strong, the Stoch allows for serious growth, and the Ichimoku cloud is giving 3/3 bullish signals. From a FA perspective, the MoneroV Hardfork will take place on March 14. This is a hardfork that many believe will address core issues with Monero. Others believe that like most hardforks these days it's just a money grab. Regardless, I believe it will inspire some serious price action, as long as exchange support is announced in advance.
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XMRBTC
XMR GO UP !!!H&S inverse sur XMRUSD et XMRBTC direct vers son support à 0.040
De plus BTCUSD en bonne voie
XMR/BTCLooks like a little pennant is forming, keep tabs on the volume for a possible breakout on the upside.
I'd also make sure to also watch that little support level.
Current XMR resistence. Bullish if we can get to the other side.If XMR can break above this liquidity pool that it has been constantly touching and rebounding off of, we could get an ATH test.
The top of this resistance zone (grey) is the local high from the bull run from 3/2. Additionally, this top was tested again on 3/3 before price ran down to the current support zone around 0.0305. I have the bottom of this pool set at the highest close before price ran down to the bottom of this consolidation zone, where we seem to have found local support (blue).
If we can get a close above this resistence zone, XMR may be able to run up and test ATHs. If it gets rejected again, it will likely run down to the local support which seems to be established around .0305.
**The above should not be taken as financial advice.
BTCUSD - HOLD LONG . LONG LOWER LEVELHi friends , hold still the long . There is not any reason to stop the trade . If you trade avery day any scalp , now could be comes correction move to supprt areas but is should be chance to opent trade , you must only recognise if
Monero possible continuationXMR may be in the process of forming a cup and handle pattern. Although the RSI is heading into the overbought region, It might be a good entry if the handle breaks up, for a short term trade. Tight stop losses are a must here.
XMR look at the next Elliot Wave cycle.Accumulation and low volume Sunday trading, expect increased volatility on Monday am.
Smart money on the move up, MACD flagging a buy opportunity at 0.031000 and Moving Averages all good for a buy too.
Other indicators are more bearish to a retrace.
I favour the probability of a rise in XMR (in a rational market), but be wary of a 0.618 Fib retrace on last sub cycle.
0.032800 possible target for next wave
0.027000 possible retrace to support line
Not advice - do your own research.
MONERO SCENARIO !Traders,
Here we have XMR/USD 4H chart.
Before hard fork of XMR.
We have Bearish AB=CD pattern that mean the price will lead us to 330 levels and then going down for awhile to touch the 0.618 Level and then sky rocket before launching the hard fork.
Note:
All Monero holders as of block 1529810 will be owners of MoneroV.
I' short this trade to long it after few days.
Regards,
Mohsen
Monero Free Money (Monero Fork Airdrop) MoneroVMonero broke out from the channel. I advise to buy at retracement. There are also some good news for xmr hodlers. MoneroV Airdrop hard fork approaches block 1529810 around March 14. XMR hodlers will get x10 airdrop of XMV coins. You must have them in monero wallet at snapshot time. Maybe some day before the fork. My advice is to buy at retracement. Watch out for B.itcoin moves too around 11.600 -11.800 usd. It also depends if btc is bulish or bearish.
I made some xmr trendlines and some resistance lines to watch out.
MoneroV has limited supply of coins and will implement new protocols that will solve the scaling problems facing Monero and other cryptocurrencies.
BTC Adress 14SCiaCWJfDrijTnPi8N7myewwGn6nkTQj
LTC Deposit Address Lanwvecx5JHKCMZMp3pXQfug2f6cjimMNV
BTC USD - Blackhen it was next great invest trade friends As you can see my recomendation to hlod long BTC bring nice profit . If you want you can check my old analysis . This outlooks are only in general not detailed description in way as I'm preparing for our members , step by step , how to trade .
In this situacoin on BTC each good trader musk to know what to do , must know exactly if hold or to take TP , what is signal to stop or hold trade . Im publish no often Im preparing privatly oultlooks CRYPTO FOREX COMMODITIES , for our clientes and BTC exchange , you can write me if you want be our member .
Now is on BTC important closing In case will close 11600 could be comes correction move down to xxx level and after go on UP In case close wekyl realy wekly below should be comes deeper correction .
As I have wirten , if you are interested about grath outlook in detailed description every step (where is the most important levels ,what we expected and what to do on this levels , how to recognise open order how end of trade , how recognise if hold or get out , and be notified in any chnge of situacion, immediatlly ) just if you are interesting for detailed maps with every step you can write me .
Petr
Blackhen
XMR BTC Consolidation is over!XMR is consolidating since September 2016.
With the hard fork of Vmonero we can see a huge up movement.
Moonero For now, I think it has potential to pump more in next few days and good time to take profits for those who bought/longed it earlier. Will look at the charts on Monday after weekly close to evaluate/analyze if there is a good short setup possible for short term
If I ignore the volume and chart based on fractal and RSI, then the below chart also makes sense. However my thoughts on XMRBTC remains the same. Few more days of uptrend followed by a falling wedge or channel and then bounce from support levels.
Long term I am super bullish on Monero considering FA and TA.
Adam and Eve Forming for Monero (XMR)Watching this pattern here. A/E forming and looks as though its just about to the neckline (~$340). In addition to the pattern formation, XMR vs BTC just broke out of a triangular consolidation (waiting on a daily close above upper resistance to confirm). I looked at these charts before realizing there is also a XMR fork proposed for the near future which could also drive the price up some. Keep an eye out. For now, it looks like a decent start to a long.
*not investment advice, merely observations.
XMR gains leading up to forkXMR is due to fork into XVR on 14th of March, I will be following this but have bought in at 288k Satoshi's...
The break upwards out of the wedge should see some nice gains.
XMR/BTC Long - Buy the triangle breakout & ride to local highXMR forming a symmetrical triangle on the daily time frame. Buy the breakout - targets at local high, which is also equidistant to the height of the triangle. Potentially set a second target higher - much higher - since XMR didn't pump last alt season and - so I've heard - price action for privacy coins tends to lag behind the others.
Monero big trendline test incomingInteresting spot approaching for Monero... might grab a small position if it bounces
BTC USD hold longHi friends as you can see Im publish H 1 but if you hodl long it is right strategy . Of H1 chart you can see if the move UP will go on or not . For move UP must to close candle above line or rezistance level .
In case will closed stil hige and higer hold it . Closing above 11500 will call move to 14xxxx
