XMR FlagsWe have 2 flags there pointing to +/- 80 USD level, which is close to FIbo 61.8 level and support level of the last dump.
XMRUSDT
Monero Trading IdeaThe price bounced from SMA50. RSI confirmed price reversal and MACD histogram supports upward movement. We have trading opportunity and we could open long trades based on reversal signal. But the price can't pass through 100.00 resistance level. It will be better to place pending orders for buy above this resistance level and the downtrend line. Estimated entry level should be at 110.00 with stop at 70.00 level. Profit target will be at 144.00 level. If the market can break the downtrend line, it will be a good confirmation of further upward movement.
Monero. The dark side, who rises when bubbles burst?About one year ago Monero started a wild Rally.
It timed right after hacks/thefts (theDAO, ETC, Bitfinex theft and ETC margin settlements )
- and with the resulting bitcoin crash.
And it was the main/only annoymity supporting currency.
(Now there is also ZEC and more to come.) "Alphabay" supporting Monero helped it too....
Recently Alphapay was taken down and annoymous bitcoin exchange BTC-e was taken down too.
Now will only more funds seek Monero's annoymity or will anyone leave Monero too?
I'm long for the moment and maybe stay open end for a big run.
But i suggest trailing stop and care.
One more thought: Let's assume the % of "bad" activities in fiat would be 5%. In Crypto 6% now but 4% in future But more maybe 10% in Monero and who knows what happens in future. I wonder if this should make us trade more carefully?
XMR/BTC swing trading - long As we see the chart is currently moving in a sideways direction. It is a good situation to enter a swing trade. This is a 4hs chart the trade could run over several days. The breakthrough of the Symmetrical Triangle may lead to a new upward trend.
XMR Monero 4 HOUR Timeframe BREAKOUT FORMINGXMR 4 Hour Timeframe. Los Angeles 8:50 pm.
XMR looks like strong accumulation and squeeze forming for breakout to new highs.
coinmarketcap.com <- Korea Bithumb is leading the volume trade.
Lets go Korea! Break down those walls!
Does XMR (monero) got enough feul to stay in the channel?Does XMR (monero) got enough feul to stay in the channel?
Going for the ATHOnce again XMR has bounced off its long term trendline at $122.
This indicates that we are still in a very bullish market and we will likely be test the previous high of $153 again.
As long as we are able to close a candle above the 50% fib level, we should see a steady push of momentum to the first target of $143. This target is historical resistance level which people will likely take profit at.
If we are then able to push through the historical resistance level, I see blue skies until we hit the previous high of $153 again.
If we push through the 50% level and fail to hit the first target, it would be an indication of lack of momentum. This means we would likely retest the long term trendline and I would caution holding long term.
I am hoping for the best here! Wish you all luck!
DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
Monero getting ready for the next and probably final leg upHello everyone!
Monero has formed a penant and in my opinion is ready to move towards 150$, then 180$ and finally 200$.
However like it did with my previous idea, it first broke one support and moved to the final one before going back up. There are many reasons to be bullish on Monero right now, but here we are looking just at TA.
Also, Monero, during its previous big pumps moved into 3 legs and this could be the case again.
monero survey. insane herd vs rational average.not meant to be very accurate drawing but expressing how it feels to mostly everyone actually.
so i'd like to survey. what are you doing with XMR these days and why? and for how long you have been and will be interested in XMR?
Monero BREAKING OUTMonero breaking 100, heading back up to highs at 130
100 has been tested several times for a week.
Looking for pullbacks for entries.
Simple play here. Love clean patterns.
----
!! PM me with any questions about my analysis !!
MY TRADING METHOD:
I keep my analysis simple. Good analysis always is.
I use Price Patterns, Moving Averages, and RSI for my analysis.
I use the 1 day for trend analysis and 60 minute for trade entry
For my Targets I use Fibonacci projections + measured moves
Successful trading means proper risk sizing and trading small so you can stay in the game.
Monero Is ManipulatedMonero is yet a currency of annoymity, botnets, crime, pump and dump.
Alphabay who once pushed Monero up closed expectedly. Exactly 365 days later monero pumped again.
We have to assume crypto bubble is very near to burst all together. It may only go up shortly if bitcoin crashes first. And more if X million $ get stolen somewhere again then annoymity coins may go up i assume
Bithumb's Monero Annoucement
it seemed to be august 25 4pm (so passed)
www.cryptocoinsnews.com
( www.cryptocoinsnews.com )
but now it seems to be "Listing day of Monero ~ August 30, 2017 (Sun) Midnight"
www.bithumb.com
Bithumb doesnt seem to be searched much at all in the world
trends.google.com
Only within korea it reaches up to 25% the search volume of Poloniex
But in total the trading activity may only be 9% www.similarweb.com
The volume may be fake.
Monero XMREUR bullish triangleMonero has been very quiet over the last few months, compared to other cryptocurrencies. It has great potential and now it is ready to pump hard.
Bithumb, a Korean exchange, with very high volume (the highest on the planet in Bitcoin and Ethereum), is about to add monero.
Monero has doubled in USD terms over the last 5-6 days, but it is sitting near its all time high against Bitcoin. If it breaks, we could see the price go up another 100-200x.
With Bitmixer and BTC-e going down due to issues with Bitcoin's privacy, many people are turning to Monero.
Fasten your seatbelts!
XMR Riding the Bullish Wave on 1 Hour timeframeAs long as XMR Price action (candle) stays above the Senkou Span A Cloud, prices will remain bullish.
The top of the green cloud will act as support.
XMR Monero Ascending Triangle - Breakout over $100 USDMonero USD still very strong. Touched $100 twice. Heading up again, if it breaks $100, target of $120 without FOMO. With FOMO, moon, if the crypto sphere has recovered from the blood.
XMR 45 Minute Review looking at potential bullish bouncePrice action (candles) need to stay above the clouds and the (green) Tenkan-sen needs to stay above the (red) Kijun-sen.
Confirm bounce with RSI.
Monero XMR Cup and HandleCup and handle forming on monero USD. Showing strength even while bitcoin declines. This coin has a lot of utility and hasn't seen a huge leg up yet. I expect big gains here in the coming months.
Monero Trading OpportunityThe market made a good upward movement. The price bounced from 53.20 level and then dropped to Kijun line. If we have a price reversal from this line, the market will continue upward movement. We can place pending orders for buy at 51.80 level with stop below 48.90 level. It can be a short term trade with profit target at 53.20 resistance level. If the market breaks Kijun line, we'll see downward movement to the kumo. If so, the market will reach a strong support zone formed by the uptrend line, the kumo and 47.00 support level. If we get a confirmed reversal signal from this zone, it will be good buy opportunity with profit targets at 53.10 and 58.00 levels. As for the previous pending orders for buy, we should delete them after the price breakout below Kijun line.
