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Xmrusd

Monero Analysis: Bullish Momentum to Continue?Monero analysis for today is carried out on a 6 hour timeframe. March 5 2018 to current date shows that Monero has maintained its bearish trend inside of a channel. Monero most recently broke below the bottom of the channel temporarily to reach a price low of $37.18 on December 15, 2018 before returning back into the channel. The minimum expectation for the current bullish momentum in Monero is for price to reach the upper limit of the bearish channel. A logarithmic scale was used in this Monero analysis and therefore requires switching back to an arithmetic scale to make any physical measurements and/or projections on the price chart.
KRAKEN:XMRUSDLong
by Coin_Analyst
MONERO: Keep an eye on the lines ...So, Monero (XMR) is rebound today. 11th place in cryptocurrency rating with a current market value of $1B and average daily trading volume $16M. XMR/USD is at $ 58 right now, previously shown a good result of $61. The good news of today is that Monero holders now can store their coins on Ledger Nano S, thumbs up! But no reaction from market so far to this news. As for the technical picture: On the 1-hour chart of XMR/USD you can follow the resistance zone created by a confluence of SMA50 and SMA100. For now a sustainable move above $61.90-62.00 area is to bring bulls into play. After, we should keep an eye on $66.00. This resistance stopped the recovery on Wednesday. Have a good weekend and always trade with caution!
BITFINEX:XMRUSD
by AleksBogdanov
XMR. Possible turnaround from $ 50-57After a long correction that lasts a year, I think that the time has come for changing the trend. There are several facts that speak about it 1. The price is approaching the first liquid zone of this coin. This is visible in horizontal volumes. Also, if you take a detailed look at the history of this coin, it is clear that just after consolidation in this area on August 19, 2017, the growth began to $ 470 and significantly increased volumes: Also, note which rebound was when the price dropped into the price zone of $ 85-95. From this price zone, a rollback of 60% began. This price zone is much weaker than $ 50-57: 2. In my wave analysis it turns out that in the price zone 50-57 $ the global wave C, which is equal to wave A, ends. Wave C consists of 5 waves in which the proportions and wave (v) = waves (iii) * (0.382): From this price zone, the first goal of $ 89 is the ultimate goal of this $ 150 idea. When the price approaches the critical price zone, I will put an idea on a shorter timeframe for the probability of working out this scenario.
Long
by P_S_trade
1
XMRUSD: First Target hit. Approaching the last one.TP = 75.792 hit as the price broke the previous 1W support aggressively (STOCHRSI = 0.000, Williams = -96.586, CCI = -263.5802). 1W indicates the MA200 = 62.982 as the buy spot but technically we put the demand zone within 54.850 - 64.104, just a plain range around the the 1M MA50 = 57.483. Our next and final TP for Monero's bear cycle is still 64.104, which will complete our shorting strategy of the past 10 months. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
BITFINEX:XMRUSDShort
by InvestingScope
5
XMR Monero a quick inverse H&S long.*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY*** We just noticed abnormal trading volume increase on Bithumb. You can check it yourself on coinmarketcap. Technically we are seeing an inverse head and shoulders chart pattern on 1D chart, which gives us 42% potential risking only 6%, the risk/reward is pretty amazing here. We purchased a new self-made indicator yesterday to better visualize whale accumulation, the indicator is also showing bullish. The only problem here is the lack of liquidity is preventing me to trade heavily on it. We'll collect as much as we can before breakout.
Long
by JoE
1
LONG XMR Fractal Turning Point for MONEROGeneral: The market ist resting and preparing for Bullish setups. Bullish on XMR USD and BTC -0.90% pair / Factal Pattern. About the Fractal: This is a long Term analysis and am very konfident this pattern is going to play out. we currently finished the last zone and are heading into the first uptrend zone for Monero. Like If you appreaciate. Feel free to tip so i can start doing this on a regular basis. BTC -0.90% / Bitcoin: 1GLr5xkEQonUBquXjLQWoxhT5BSxdTpkur
XLong
by pirovz