XMR/BTC Oversold on the 4H and approaching 4 month support lineWe are getting oversold on the 4 hour chart. I will enter at the support line at 235000sats with a tight stop loss at 220000. The target will be the top of the channel if we get a reversal so 320000. It is a 4/1 risk to reward ratio on a short-medium term trade.
My main concern is that BTC might hit the 200 moving average (now a resistance) and drop down taking alts with it.
XMRUSDT
XMRUSD (D): Monero is one of kind, but ... ... a correction is currently possible. there is no question that monero will go its way. it has special feature as a currency. what is the current situation? monero has performed very well in the last days and weeks. the next big resistance line (around 300 USD) is in sight. here is the question of profit taking or waiting for the break of the resistance line. i am currently a bit more cautious at monero.
Let's see what happens. Happy trading. :-)
XMRUSDT Setup for Longer Term Move Up - PrudenceXMR is poised for a longer term bull run and to sock some monero away.
On the daily chart the price has surpassed and closed above the Monthly Pivot Range high. This is a significant event in that it confirms the last week’s move as something sustainable with the bias shifting from the many weeks of bearishness, to one of bullishness.
The 14 Day Pivot Moving Average (red line) has crossed the yellow 30 Day Pivot MA and is approaching the crossover of the white 50 Day Pivot MA. This is also a bullish sign that shows the legs underneath the move up. There are no other key Pivot levels that are in the way of a long term move higher.
The action to take is to place a buy order to enter the market long. The support level near term should be the Monthly Pivot high but look for longer term support all the way down to the Monthly Pivot low. This is a long term trade so be patient and keep your stop loss far enough away to avoid getting prematurely stopped out.
This is a high probability setup with a lot of support.
Entry Price: 300.00
Stop Loss: 209.00
Profit Targets: First profit target 376. Second profit target 424. Once price reaches 340.00 raise the stop loss to breakeven, then as the market moves higher trail the stop loss 35.00 points back until you hit the profit targets or stopped out.
Monero large volume increase 4/17+4/18Large increase in volume of privacy coin XMR/Monero on the same day as the tax deadline in the U.S. and also the same day that the hyped privacy coin XVG/Verge announced their partnership with Pornhub. The price quickly decreased.
Short temporarily and Long soon after.
Who pays for porn in 2018?
XMR-USD-Point 171 - See how we make profitsSee how we make profits
by B10coin calculator
---
Point 171
#XMR #XMRUSD
This strategy is like a fishing net to enter the area of lines
Whenever a buying point is achieved , the selling point shall be the same line
---
This analysis is only to subscribers in B10coin, Who use the B10coin calculator
This analysis is just to see how we buy and sell
---
- Choose an appropriate buy point
- do not buy more than quantity allowed in B10coin Calculator to protect your balance to buy in points 7,8,9,10
---
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Date: 4/5/2018
XMR-USD-Point 170Point 170
#XMR #XMRUSD
This analysis is like a fishing net to enter the area of lines
Whenever a buying point is achieved t, the selling point shall be the same line
---
This analysis is only to subscribers in B10coin
This analysis is just to see how we buy and sell
---
Warning: do not buy more than quantity allowed in B10coin Calculator
to protect your balance to buy in points 7,8,9,10
Date: 4/4/2018
XMRUSDT (Volume Analysis Prediction 3/22/2018)The coin does not always follow the market
And take it with a little risk on the lower boundary of the consolidation, it's to get a good opportunity with a little risk
In general, the market(BTC) continues to be bearish, which affects all coins.
Entry point: 205.4
Stop: 194.5
Target1: 224.4
Target2: 239.6
XMR/USDLooks like a good time to buy. Snag at $150 and Sell at $250-$250 if Possible tell things chill. I like it. Widely accepted in the "Underground Economy" I really do not think that this will be a good one to alwasy have in your portfolio. I am not gonna analyze these currencies to death(ecspecially right now). But Monero(XMR) and (XVG) I think have the best futures for anonimity coins.
Monero on the cliffEither we see a full reversal above the 200 MA, without closing below it, or we will be looking for a downside for the next months (maybe even the rest of the year) to the yellow, orange and red lines, which can act as support/reversal lines.
Just beware that going down again to the yellow line will form an inverted cup and handle.
Watchlist Update 25 (Vid) | BTC, LTC, XMR (Bounce coming?)I'll keep it short, as I've already written up everything in a previous idea. Since writing the other idea, BTC has nearly reached the expected support area and LTC has continued to form a bull flag in equilibrium, but it's looking weaker, like a symmetrical triangle. If you were in the Discord channel, you would have caught where I mentioned we've already completed the edge-to-edge cloud break for now, until it proves otherwise. You'll have multiple bull signals going forward. The first will be on a break of the triangle. The second would be a break of the flag if you're bullish. I threw in Monero as I noticed it was down more than 10% on the day. It looks like it still has room to go flat for a bit and continue down, I don't see enough signs for a reliable bounce trade but you can try it, but keep your stops tight.
That's all for today. Roti out.
XMR AB=CD Traders,
Here we have XMR/USD 4H chart.
By looking at this chart we have a complete AB=CD pattern that will short this chart for awhile before the determined hard fork.
C-D bull trend breaking down will be confirmed next few hours and we will dive for few days to recover the bull trend again before the airdrop snap
Regards,
Mohsen
MONERO SCENARIO !Traders,
Here we have XMR/USD 4H chart.
Before hard fork of XMR.
We have Bearish AB=CD pattern that mean the price will lead us to 330 levels and then going down for awhile to touch the 0.618 Level and then sky rocket before launching the hard fork.
Note:
All Monero holders as of block 1529810 will be owners of MoneroV.
I' short this trade to long it after few days.
Regards,
Mohsen