Monero (Binance) - Wave C will be finished soon. Be ready to buyAs you can see, we are doing my favorite 3-3-5 correction. C could end at the exact Golden Ratio of Entire 1-5 impulse waves structure. = 75-77 USD. Count waves and watch indicators for konvergence between waves (iii) and (v) of C.
XMRUSDT
XMR getting close to do-or-dieXMR nears its finally support zone before it falls into the abyss
We did panic dump and nearly hit out support level but scaling in here with a tight stop could be a good play
Monero Scalping Opportunity!Target and Stoploss on chart.
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Monero Clear Short Signal!!Targets are on the chart....
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XMR-USDT to 122$buy xmr usdt btween 102 - 108$
sell 112$ - 117$ 122$
stop loss closing 4H candle under 100$
XMR needs to push hereXMR continues to remain stuck under this very strong supply zone
A break and hold above is needed before entering a long position
Upside target outlined in the chart below
XMRBTC(W): Why is Monero a top investment?... And Happy Birthday Monero!
Often I am asked: "I want to invest in a good crypto technology. What should I buy? I don't want to lose money on pump-and-dump. My answer: Take a look at technologies that offer a real understandable (simple) advantage. Monero is therefore a must-have for me. Why, I'll write below:
One of the biggest advantages for me in the crypto market in general and at Monero in particular is privacy. I see the "private" coins as long-term winners, especially XMR.
The private coins are not only value stores like BTC, they represent much more value due to their anonymity. I think a driver for the further growth of these coins is the increasing pressure from capital controls, currency weaknesses and global turbulences.
It is the fact: Digitalization goes deeper and deeper into our privacy. That makes alternative value storages more interesting than ever. Today, BTC can be tracked without any problems. This makes it impossible to shield assets via BTC. Monero is an alternative. Monero is programmed differently. The developers' goal is to create a payment that guarantees complete anonymity. At Monero, the development team created an entirely new blockchain. It is based on the CryptoNote protocol that makes these encryption technologies possible.
Monero focuses on highest anonymity and protection of privacy. Monero consciously focuses on the opposite of traceability and transparency. Monero is still unique in its form. The function: Sent and received public keys are bundled so that the addresses remain hidden. This makes an analysis of the corresponding blockchain almost impossible. The security depth is constantly being optimized.
Monero celebrated its fifth birthday yesterday, April 18. The first block was created on April 18, 2014.
Since then, Monero has built in many features that guarantee a high degree of security and non-traceability. For example, the hidden of the amount. And Monero does not link the account balance to users' public addresses. Dash, Zcash, GRIN and Co are more open. XMR has developed well since its introduction, both in terms of its popularity and its technical power. Monero continues to be one of the largest blockchain projects in terms of market capitalization. The XMR price is currently around USD 70. The price of XMR has recently started to rise significantly. It has risen by 51 percent in the last three months.
Announcing XMR's fifth anniversary, a Monero core team member said the project is focused to guarantee privacy. And... Privacy is a fundamental human right.
The project has continued to make technical progress lately. In the fall of 2018, Monero developers activated zero knowledge proofs in their blockchain. The development makes XMR transactions around 80 percent smaller and thus significantly cheaper. In combination with the activation of bulletproofs, the data protection functions of the blockchain are probably the most advanced in Cryptos.
Fungibility is the core of Monero's privacy. Just as Fiat notes of the same type are virtually indistinguishable, XMR coins are indistinguishable. Other currencies cannot.
XMR is faced with growing competition, as other currencies also rely on anonymity. But Monero is and remains the number one with five years of experience and advantage.
Fibo gives us the long-term goals here ...
0.236 (0.019 btc) 50%
0.382 (0.031 btc) 150%
0.5 (0.04 btc) 220%
1 (0.079 btc) 500%
1.618 (0.128 btc) 900%
Let's see what happens. Happy trading. :-)
Links:
XMR (Monero) | 143%+ Potential Profits | FREE TRADING SIGNALPair: XMR/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Low
Introduction
Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on privacy and decentralisation that runs on Windows, macOS, Linux, Android, and FreeBSD. Monero uses a public ledger to record transactions while new units are created through a process called mining. Monero aims to improve on existing cryptocurrency design by obscuring sender, recipient and amount of every transaction made as well as making the mining process more egalitarian.
Technical Analysis
- Bullish Chuvashov fork
- RSI Bullish divergence
- Higher lows
- Good volume
Fundamental Analysis
- Hardfork (March 9th 2019)
Our Entry Zone
0.01200 - 0.01344
Our Targets
1: 0.01409
2: 0.01550
3: 0.01815
4: 0.02200
5: 0.02915+
Our Stop Loss: 0.01149
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Comment your thoughts below.
And most importantly, enjoy your day!
Axsonex Team
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DISCLAIMER:
Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due-diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page.
XMR next large cap to move! XMR looks like it is the next to join the party. It has bounced off support so far but could see a brief dip down to trendline or even the lower support zone. Looking for entries in those areas could be a better R/R for the move higher!
Ascending wedge has formed as well with a break above that resistance adding fuel for a breakout higher!
Thanks guys!
XMR consolidating before retest of highs! XMR continues to consolidate on strong support and possible move higher before fork in March looking more and more likely
Thanks guys!