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XMRBTC

XMRBTC ChannelXMRBTC global picture is bullish, the price stays in the 23.6% - 36.8% Fibonacci zone of the global uptrend, above the 100-days EMA. The pair established a trading channel 0.028 – 0.029 during the last day. Closest support levels are local and global Angle Support lines and 0.0275 level. From the upside, the price will meet 23.6% Fibonacci level (0.0293) and 0.03 resistances. Overall prediction for 24 hours – Trading inside the channel or descent to the Angle support levels.
by DestinationMoonCrypto
Monero bounces off Angle SupportXMRBTC pair is trading in the bullish pattern for a long time. Monero was not much wounded by the Bitcoin fall at the beginning of 2018. The tendency of buying Monero on the Angle Support boundary stays popular. As soon as pair lowers tot he Angle Support line, the volumes are rising, and the pair goes up. From the upside, we have 0.03 resistance level and January high of 0.032 as resistances. The last rebound was from the 0.029 level, which coincides with the 23.6 Fibonacci level of the global uptrend. A possible scenario is slow plunge lower, to the Angle Line and then testing of the 0.3 resistance.
X
by BitcoinSymphony
Bull flag or Ascending triangle?Either way i'm extremely bullish on XMR Monero has always been a great asset to hide money from anybody on earth and i think people will keep using it for this wonderful reason. So this trade is very simple, we're talking about a 230% increase (risk/reward ratio completely insane) Entry should be around 0.027-8 First target around 0.05 Second target 0.09 Stop loss is at 0.026, because lower than that could mean a retest of 0.019 We are consolidating high with low volume so when the buying volume starts increasing the trade will be confirmed.
Long
by lomaxrex
2
MONERO CHART UPDATE FOR MoneroV Airdrop (LOW RISK)Monero will most likely see a positive price increase upwards to our first target with resistance. If we confidently break that target, then I'll update you with further targets, otherwise just refer yourselves to our previous chart located below. High Risk investors do not need stop losses on here. Distribution ratio is 1:10 MoneroV - for each Monero you hold, you'll get 10 MoneroV Not putting any exchanges on here that will support this airdrop just yet - but will update my members first when this info becomes available and then post it below in update section. Currently not in this trade but we looking at joining in after ZCL and ETC airdrops. Best of luck to you guys and thank you for your support in form of LIKES!!!! Do not invest what you can't afford to lose! We are not your financial advisors!
Long
by CryptoManiac101
7
Monero , A great sell trading opportunity in XMRBTC. catch it..!Technical analysis: .MONERO/BITCOIN is in a range bound and Resumption of up trend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. .The RSI is at 50. Trading suggestion: Price is in the Buy Zone (0.0272 to 0.0242), we would set orders based on Price Action and expect to reach short-term targets. .Beginning of entry zone (0.0272) .Ending of entry zone (0.0242) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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: (We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks Take Profits: TP1= @ 0.0304 TP2= @ 0.0320 TP3= @ 0.0356 TP4= Free
Long
by ForecastCity
Monero VS Bitcoin Downside RiskFollowing the previous idea on Monero VS Bitcoin , the price reached the upside target at 76.4% Fibonacci retracement level. Although XMR/BTC went higher than 0.03, it failed to show a clean break above the resistance and formed a double top at btc 0.032, accompanied with a bearish divergence on the RSI oscillator. Since the btc 0.032 high was reached, Monero has been moving slights downwards within the descending channel. On 17th of February, it rejected the upper trendline of the descending channel for the second time and once again formed a bearish divergence. This could result in the beginning of a corrective move down towards one of the Fibonacci support levels. The nearest support is at btc 0.026, that is 61.8% retracement. Break below could push price lower either towards btc 0.023 or 0.02 where the key support is based. On the upside, only break and close above the key resistance at btc 0.032 should confirm the bullish scenario sending Monero to a new all-time high against the Bitcoin.
Short
by CryptoPAMM
Monero going down, buying opportunity in coming 24 hours. I was going through the charts this morning and saw that Monero had broken lower against a recent upward trend. There's strong support for Monero and it regularly has been visiting the 0.03 BTC mark. The break below the upward trend presents a possible trade opportunity. Splitting the buy order between 0.026 & 0.024 will enable me to mitigate the risk of a further drop. Although, there's strong support at each of these levels, where it stops - nobody knows. My trade: BUY: 0.026, 0.024 TP: 0.029 SL: 0.023 Steemit post explaining more here: steemit.com
Long
by vader22
XMRBTC testing support My dear fellow traders, here is interesting setup. XMR will be soon testing two big support levels. As first, there is red support line, which might not be able to provide enough momentum to push XMR back into uptrend, but as second, there is huge blue trend-line, which has not been broken from beginning of December. Hopefully bears had enough and bulls will take control from the bottom( blue trend-line) all the way to the top of channel. Please do not trade till you will see the bounce from one of them. If blue trend-line will be broken, we can expect huge free fall from XMR. Stay tuned. Stay positive. M.
XLong
by mion21
Monero (XMR) - Value That Can Mirror LTC or BCH [Feb2018]INTERPRETATION This 2018 year begins the official clash between alt coins against BTC, ETH, LTC, and +/- BCH. Many companies have openly flexed projects that intend to upset and replace the reigning kings. The themes this year will likely to be platforms and privacy coins. Within the realm of decentralized privacy coins, KRAKEN:XMRUSD sits comfortably as one of the most recognized and established. Unlike DASH, which plans to use its coin for all micro transactions, XMR will be catered for specific privacy transactions and purposes. It's not far-fetched to predict the value to reach that of LTC and BCH. BUY SIGNALS -T&K bull cross -Price T&K bull cross -Price-Cloud bull entry & breakout -Buying pressure from upcoming green cloud CAUTIONS & CONFIRMATIONS -Consider if start of Elliot Wave cycle (corrective wave unclear) -Upcoming resistance will help confirm or deny bullish sentiment POSITION entry @ 29000
XLong
by FILOVIRUS