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)***
Xmrlong
XMR/ETH Fib Level Support and Repeat Pattern LONGXMR making a similar albeit not exact pattern to November of 2017. The leading indicator I am looking at is the leveling price on the 0 fib level + the bullish divergence in RSI. As you can see in November/December of 2017 XMR rose all the way to the 78.6% fib level before taking a break and then making another move upwards towards the 161.8% level. I don't think it will be as bullish this time around but I am looking for it to move up towards clear resistance at the 50% level which would be around .366 ETH for a nearly 33% gain.
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
Monero's Bull Flag? I think Monero is about as solid as they come. Since the bulls are back for crypto I think that this thing is going to hit new highs. The 231 MA is like a force that can either push things down or push things up. Now that it has crossed the 77 MA it looks as if a lot of things in Crypto land are going to accelerate. I would not short these coins. BTC and the boys are here to stay it seems.
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.
XMR with tons of bullish indicators. Monero is a great coin and it seems to have formed a double bottom (red lines) and a inverse H&S.
EMA lines are turning bull with 50 crossing over 100 and soon the 200 on 2hr frame.
It should go to the first target before February 17th
Targets
320 Based on the W bottom
350 Based on the H&S
Stop loss 245-240max
XMRUSD short term (4hr tf) analysisMonero move sold off from a high of $477 on Dec. 20, 2017 to a low of $151.54 on Feb. 6 2018 in what can be described as a WXY Elliot wave structure. This 3 wave move should be followed by another 3 wave move upwards or the start of an impulsive move upwards that can see Monero move past its old price high of $477.
POI = Point of invalidation at which price ($203.02) this analysis is no longer valid.
MONERO TO RESUME MOVE UP IN ASCENDING CHANNEL Monero has been on an overall uptrend since November. It is now moving within what seems an ascending channel, and very recently it has touched what can be the bottom of that channel judging by the bullish engulfing pattern in the last day's candle. If so, we can expect the price to rebound slowly back up towards the top of the channel.
The MACD is also showing signs of a potential cross and trend reversal.
For short-term, we can set up the following trade:
Buy: between 0.0273-0.0276
Take profits
@ 0.0295 for Target 1
@ 0.0325 for Target 2
With Stop-loss on 0.0240
Good luck!
Check our Telegram account at t.me/cryptowhaletrading
Monero (XMR) +510% target $2100 - Feb-15-2018My first quick glance at Monero (XMR), shows a 510% increase after the bullish pennant comes to completion and the new rally begins.
Long term (60 day) target is $2100, or just over 500% from today's value.
Monero's path to 20 USDTI find XMRUSDT chart more important than XMRBTC. Long until next resistance level around 16 USDT, short and buy back around 15 USDT. Then long again to retest ATH at 18.5 USDT. I expect a bit of consolidation for about two weeks at that level and then test new highs at 20 USDT with a dump all the way down to 15 USDT in March or even 9-10 USDT around April. See chart for details.
Of course, we could also pump all the way up again and breakout to 40 USDT, although I see it less likely within the next three months.