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.
XMRUSDT
Monero: a successful scalp trading is here! Hello, dear Traders!
Monfex is at your service and today we overview XMR/USD .
Monero broke the resistance line of the descending channel, but we have the key level for confirmation of a further growth !
XMR is suspiciously the most passive in recent time and now it starts to growth.
The great resistance zone ~ $ 57 .
This long idea also supports the positive volumes.
Also Monero has a bullish divergence with realization of it and for now with the bearish divergence by RSI with influence of which can rebound the price to the $ 53.5 .
But we remember about money-risk management and limit ourselves of possible losses!
Supposed Trade Signal by XMR/USD
Long with confirmation of breakout near $ 58.7
Take profit ~ $ 65 - 66
Stop loss at $ 56.1
Market Cap
$991 836 816 USD
Volume (24h)
$147 798 879 USD
Circulating Supply
~17 262 257 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.
Monero: prerequisite of a short-te Long position with 10% ProfitHello, Traders!
Monfex is at your service and today we overview XMR/USD .
XMR is suspiciously the most passive recent time, so there is a premonition that it will soon rise up at least 10% for a day.
Also Monero has a bullish divergence by RSI.
But we remember about money-risk management and limit ourselves of possible losses!
Active Trade Signal by XMR/USD
Buy near $ 52-50.7
Take profit ~ $ 57
Stop at $ 49.45
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.
XMRUSD forming bullish Shark | A good long opportunity
The priceline of Monero / US Dollar cryptocurrency is forming last leg of bullish Shark pattern and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone.
I have used Fibonacci sequence to set the targets:
Buy between: 54.991 to 53.916
Sell between: 55.705 to 57.596
Regards,
Atif Akbar (moon333)
XMRUSD formed a bullish BAT upto 119% expectedPriceline of Monero / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Price action is hitting the lower band of bollinger bands after Dec 2018 therefore we can expect a bounce from here, but volume profile is showing still interest of the traders even below the PRZ level and MACD is strong bearish and Stochastic is oversold but in bear cross so for secure trade we should wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone.
I have used Fibonacci sequence to set the targets:
Buy between: 56.193 to 47.953
Sell between: 75.903 to 105.462
Regards,
Atif Akbar (moon333)
XMR/USDT - Death cat bounce patternExpect a downturn in the price of a particular currency, which is influenced by the movement of the bitcoin price.
Every investment and every trade is a risk, so you should always do your own research before making any decisions. We do not recommend investing money that you cannot afford to lose.
Monero, some long term stuffI absolutely love this asset because i find it most enjoyable to chart. Here are some arguments for what you're seeing :
1- From the lowest low (dec18) to high (jun19) we just hit 50% retrace and made a bullish harmonic pattern, think about it.
2- Clear sellers exhaustion
3- Rounding action on higher time frames
XMRUSD has formed shark pattern | A good long opportunityPriceline of Monero / US Dollar cryptocurrency has formed a bullish shark and entered in potential reversal zone.
I have defined targets using Fibonacci sequence as below:
Buy between: 81.23500000 to 79.22000000
Sell between: 83.88172959 to 88.81193575
Regards,
Atif Akbar (moon333)
XMRUSD has formed bullish shark | Upto 24% profit potentialPriceline of Monero / US Dollar has formed bullish shark and entered in potential reversal zone.
RSI is oversold.
Stochastic has given bull cross.
I have used Fibonacci sequence to set the targets as below:
Buy between: 79.020 to 74.088
Sell between: 83.276 to 92.993
Regards,
Atif Akbar (moon333)