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XMRUSDT

Monero Neckline decisionOverall bias on XMRUSD looks bullish: price holds above 200-days EMA, above 50% Fibonacci... Nonetheless, there is one more test happening right now for the Reverse Head And Shoulders scenario. The price got back below the 300.0 level and had stopped just above the Neckline zone of the RH&S (Reverse Head And Shoulders) formation. If Monero crosses this zone downwards, then it will dismiss the reversal scenario and send us into lateral correction or even deeper dive. Jumping volumes just below the 330.0 level was evidence that traders fixes 100% of profits from their 150.0 level buy's. Tho, noticeable increases in volumes just above the Neckline could mean that bulls consider this dive as a good chance to buy lows before the beginning of the upward rally.
Long
by BitcoinSymphony
2
Monero Head And ShouldersXMRUSD bias looks bullish . The pair pushed upwards from the 200-days EMA and 61,8% Fibonacci level of the global trend. Recently XMRUSD crossed the 250.0 psychological resistance, which lies near to the 50% Fibonacci level. One more argument in favor of the uptrend scenario is a clearly visible Head And Shoulders pattern with shoulders line at the 260.0 level. If the price manages to hold above that level, this will finish the pattern and push the price higher to the next resistance levels at the psychologically significant price 300.0 and global correction angle resistance line.
Long
by BitcoinSymphony
Monero broke 300.0XMRUSD pair is trading in a bullish bias right now. After drawing Reverse Head And Shoulders in the 50% - 61.8% Fibonacci retracement zone the pair went upwards and crossed the 300.0 resistance, which confirms a further uptrend scenario. For now, the pair returned to the 300.0 level but did not went below it, so the upward movement should continue as soon as the pair gains enough volume. Nearest resistance levels are 330.0 weekly High and Resistance Angle.
Long
by BitcoinSymphony
Monero Forecast - I get knocked down! But I get up again!!Monero XMRUSD is currently in a bearish trend against the dollar, however we can see very strong support below $300. Even though the Monero markets have been very volatile over the last month, it is important to notice that the bulls are not shy to buy any xmr under $300. It looks like a new base is being set between $280 – $300 and should the bears stay shy of the market we could see momentum picking up in favour of the bulls. Short term outlook is bearish, there could be buying opportunities between $280 – $320 in the next couple of days. For those wishing on a safer entry into the market, be patient and wait for the market to consolidate above $350, where we will most likely begin the climb to $400 again. Feel free to discuss this trade with us. Best FREE Crytpotrader hangout here.
BITFINEX:XMRUSD
by saintbitcoin
Monero continues its downward trendXMR has been moving up and down quite a lot within its downward trend, with wednesday striking as low $235. Considering the MACD is indicating an upcoming uptrend, we might see another push, which I expect to be VERY short-lived. We have a death cross (red arrow) forming as the 50 EMA (blue) is moving down below the 200 EMA (green) which generally indicates a VERY weak trend. Additionally, ALTs are suffering directly from BTCs downtrend. Since Bitcoin has not hit its bottom yet and is very likely to go for another run at the $9,2k support pretty soon, we can expect XMR to move similarly, going as low as $235 again. My buy order will be at around $235, where I expect XMR to bounce back up. (The lower trendline (black) will be a very strong support) Anything can happen however, which is why we should keep an eye on both BTC and XMR movement and stay adaptive with our trades. Summary: XMR is very likely to hit its previous low from wednesday again, which is a strong support level and therefor makes for a good buyzone. Note: The blue arrows neither indicate any timeframes, nor any exact price levels. Their only purpose is to show general movement. ------------ This is no financial advice and only for educational purposes.
BITFINEX:XMRUSDShort
by Ladywalker
4
New Monero XMR prediction ~ $5560 USD in 2018If as I predict XMR will reach the top 3 crypto currencies in 2018 it would have to have a market cap similar or greater to the Market Cap of XRP (ripple) at the moment of writing USD$86,629,637,881 If this is to come to pass the price of 1 XMR would rise to ~ $5559 USD (86,629,637,881USD divided by 15,582,824XMR) This is an increase of 5129USD Or, as a percentage : an increase of 1192.79% The bans and taxes on mining in China and restrictions on cryptocurrency use will only continue to push users and then investors towards well designed privacy coins. Bitcoin is Gold, Litecoin is Silver and Monero is Digital cash The ramifications of a $6000 dollar Monero would be huge it would mean nearly anyone anywhere could mine profitably with whatever hardware they have on their desktop/laptop. Browser miners would finally become a lucrative way of serving up content without ads and the overall distribution of the Monero would be fairer and more stable than any other currency on the market because ASICS will not exponentially increase difficulty making widespread adoption of Bitcoin and other currencies difficult.
KRAKEN:XMRUSDLong
by Emperor_Penguin
36
Monero potential breakoutMonero is wedged between a strong support and resistance. As soon as one is broken and the candlestick closes above resistance/under support it means a breakout is confirmed. If it breaks out in an upwards direction, it will keep to the fibonacci lines, resulting in the following targets: Target 1: 503 usd Target 2: 668 usd If it breaks out in a downwards direction, it will drop to previous support being 212 usd. Keep a lookout on the RSI to make sure it supports upwards movement. 80 RSI becomes too overbought to sustain itself. SMA supports upwards movement. If I made you money, please consider buying me a beer: LTC: LfbKuDHZaDTRUV9pXJuWCUcG14XLrGtBcs Happy trading everyone!
XLong
by Woolhead
2
Next crypto breathX mas opportunities made us hungry for cryptos. We could see many currencies boosted like hell. New traders came into digital pool so we can try a bite. What's next? I suggest picking Monero - there is nothing to explain. It depends on further luck when You enter into a - train. I M O the best way to win this is putting a small amount of money here and trying to hunt 0.015-0.0155. Stop losses should be placed close under bullish flag. Where can we go from there? Maths shows us 0.031 as a target however we can experience from last days (LTC,XRP and many others) and expect real bull before Christmas. Notice there is huge sell off on past wednesday and EMA26 strongly holding price above. XMR/USD is also showing us a part of bullish flag pattern.
Long
by pinfkloyd
2
Awaiting entry for Monero's next spikeMonero looks set to hit $279 in the next week or two (max). This target is based on a Fib retracement drawn using the H1 (High 1) to L1 (Low 1) range. The spikes preceding S4 (S1-S3) have all indicated a higher high soon to come, each retracing back to a support level established on the way up to each new high. I predict S4 to fall back and consolidate at approx $225 where my entry will sit. Trendline T1 indicates the dips from each consolidation after the new highs set by S2 and S3. I'm placing a stop just outside this zone. This lies at approximately $192. This gives us a risk reward ratio of 1.61, which although it doesn't sound amazing, I'm more confident than this RRR implies. Entry $225 Stop $192 Target $279 RRR = 1.61
XLong
by kingretep
2