XMR Monero is ready to boomXMR JET is almost ready, 30 to 70% easy Jump in Next couple of weeks.. Happy Trading..
XMRUSDT
XMRUSD formed bullish Shark | Upto 29% bullish movePriceline of Monero / US Dollar cryptocurrency has formed bullish Shark pattern and entered the potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 52.949 to 49.193
Sell between: 56.295 to 63.804
Regards,
Atif Akbar (moon333)
XMR/USD LONGXMR/USD
XMR is another pair with USD facing a falling wedge form. XMR recently hit the bottom of the wedge and bounced with a strong green wick in a bullish direction. This was also the touch of the top of a strong support zone. I expect the bounce to continue here to rock outside the wedge and hit T1 at $51. The stoch has already crossed bullish and RSI has bounce off oversold. Right now, everything is pointing upward and I expect the rise to continue. Look for a touch of the 50 MA at T2 at $55, then on to the final target above the 100 MA at 60. Expect a top close to here as we reach the previous bounce high, recommended to take profit following the according profit lines.
Possible Entries: $47.00-47.40
XMR/BTC TA Update (Bullish Inverse Head & Shoulder Pattern?)XMR/BTC
Monero is at the edge of completing the Right Shoulder of the Inverse H & S pattern. If price can break above 7660 sats,
Expect further upside movement as the market structure will turn from bearish to a bullish uptrend.
Is it the beginning of the end or the end of the beginning? #10Bear markets create strong cryptocurrencies.
Strong cryptocurrencies create bull markets.
Bull markets create shit coins.
And, shit coins create bear markets...
Since January 2018, It has been almost 2 years bear market! I know so many people has been keeping their zombie bags from 2017. Is there any hope? Yes, but not for most of them.
If you are still really thinking that You can get quick rich by only learning trading methodology, buying all the altcoins, You will be regret here. There is no easy money in crypto…
it’s all about working hard and trading smart. Knowing your win-rate is also the key!
What about BitMonero or Monero?
Due to its privacy features, Monero experienced rapid growth in market capitalization and transaction volume during the year 2016, faster and bigger than any other cryptocurrency that year. This growth was driven by its uptake in the darknet market,
In the first half of 2018, Monero was used in 44% of cryptocurrency ransomware attacks!
2019 - 2020 ?
I am not a Fundamental Analysis ( FA ) expert but I can easily say that It looks awful on technical analysis ( TA )
Strongly believe that I can find many coins on better risk & reward ratio. As long as XMR is below 0.01 BTC , it is not worth to keep for a long term.
In the meantime, I already put over 14 $BTC buy order on alt-coins ( You already know it if you are following me on twitter . If you haven't yet, You should do it right away to catch great tips to make so much crypto profit ) . It has been the best time to accumulate right coins! It reminds me between Nov 2016 - February 2017.
( Around 0.005 BTC, i put my first buy order for it tho - At that time, I will be watching closely)
PROTIP:
Let me tell you the secret of crypto !!!
If you want to get a lambo, trading/holding is not the only way! Not happy with results, Change your mindset!
So,what should you do?
-Be a part of coin projects
-Be a part of exchange projects
-Give crypto workshops
-Follow me on twitter
-Run a BTC ATM
XMRUSD formed bullish Shark | A good buying opportunity21 minutes ago
Priceline of Monero / US Dollar cryptocurrency has formed bullish Shark pattern and entered the potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 62.106 to 61.143
Sell between: 63.099 to 65.151
Regards,
Atif Akbar (moon333)
MONERO - $XMR - Developing impulse of Third-wave!Allowing for higher in a developing impulse!
Either a pair of ones and twos have unfolded, or wave ii remains incomplete and is tracing out a flat. There's no change to that view. A break of 55.47 would be needed to dismiss the pair of ones and twos. If it is breached, 50.83 would become critical support for the bullish case.
Key Levels: 38.50, 50.83, 55.47, 78.34
Monero Technical Analysis - XMRUSD - 31%-404% Profit ExpectedMonero - XMRUSD - Technical Analysis - 31%-404% Profit Expected
Don't Miss This Profitable Opportunity ... 4x - 5x Gains Expected.
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
Target Profit Range - 51 - 169
(31%-404% Profit Expected)
TP - 1 - 51
TP - 2 - 74
TP - 3 - 100
TP - 4 - 124
TP - 5 - 147
TP - 6 - 169
Buying Zone! Long Position
Early Entry Trigger Point - 36 - 39
Ideal Entry Trigger Point - 32 - 35
***If you want to get in this trade from this point 60 you can still make 23% profit till TP2 is reached, however, there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Good Luck.!
Disclaimer - This is not financial advice. This is my personal view and analysis of this chart.
If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like, comment & follow , If you agree with my analysis :)
MONERO vs BITCOINHi, there!
Monfex is at your service and today we overview XMR/BTC .
XMR near the resistance zone and MA200 also there. And this bullish movement in the last week has been support with a bullish divergence by RSI.
A breakout of the key level with confirmation and consolidation of the price above it will be a good trade if this happens in the near future.
For now Monero has a bearish divergence and this tell us to look at some sell position. And globally by Monero we have a bearish trend.
Supposed Trade Signal by XMR/BTC
Sell near 0.007260
Take profit ~ 0.006310
Stop loss at 0.007548
Market Cap
$999 452 535 USD
Volume (24h)
$102 505 296 USD
Circulating Supply
17 270 955 XMR
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.