XMY - Swing TradeXMY frequently moves between 10 to 17-20 sats. I put orders in last night at 11 sats that filled this morning. It looks like the price is starting to reverse and the 12 sat sell wall is coming down (from 2 BTC). I think it has room to move up again. This is a risky trade due to the fact that 1 sat down is about 7-8% loss here, however the potential profit makes it worth it for me to get 50-70% on this run. Trade with precaution as this is high risk, high reward.
Entry: 11/12 sats
Stop Loss: None (if you want, 10 sats only if the buy wall is very small)
Targets: 14, 17, 20 sats
XMY
[XMY](454%) Myriad Trade Signal @alanmastersPair: (Myriad | XMYBTC)
BUY: 0.00000009 - 0.00000011
TARGET:
1) 0.00000014
2) 0.00000016
3) 0.00000018
4) 0.00000021
5) 0.00000024
6) 0.00000028
7) 0.00000031
8) 0.00000034
9) 0.00000044
10) 0.00000050
PROFITS POTENTIAL: 454%
(Buy calculated at 0.00000011)
STOP: Close weekly below 0.00000008.
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This is not financial advice.
All the information is shared for learning and entertainment purposes only.
Namaste.
Myriad Is Getting Ready For Action | 118%+ Of Profits PotentialMyriad (XMYBTC) is looking beautiful on the charts. This setup is becoming stronger because sellers are already exhausted.
We have very strong bullish divergence on the MACD and RSI, remember that this signal is stronger when it shows up on both indicators.
Now trading above EMA50, it is only a matter of time before this pair starts to move positively.
Our main support is sitting at 10 satoshis with a low at 9. If these levels are broken, XMYBTC can go lower. But if these levels hold, it is very likely that XMYBTC will move higher.
Right now, the chart remains bullish as long as XMYBTC is trading above 10 satoshis.
Feel free to hit LIKE to show your support.
Namaste.
XMY incoming breakout? (easy 50%+?) Bullish butterfly pattern,
positive MACD crossing,
positive MFI+RSI
on both 4h and 1d charts.
very low volume in the dip
Myriad Triesd Again (46% PP)[XMYBTC]Myriad (XMYBTC) is looking to have a bullish break. If EMA50/MA200 can be broken (magenta/black line), you can expect a move up all the way to 69 satoshis.
Target and stop loss on chart.
46% Profits potential.
Low risk.
Feel free to hit LIKE to show your support.
Namaste.
[XMYBTC][670% PP] Myriad LONG on Bittrex Myriad (XMY) Overview
Multi-Algorithm
Myriad is the first currency to support 5 algorithms, catering for ASIC, GPU and CPU mining. Currently, those algorithms consist of SHA256d, Scrypt, Myr-Groestl, Skein and Yescrypt.
Myriad’s multi algorithm approach offers exceptional 51% resistance because a range of different hardware is needed to find 51% of the blocks.
Distribution
Myriad was released to the wild on February 23, 2014 at 18:30 UTC. The first mined block came 4 minutes later, thus establishing that there was no premine.
Myriad Trade Analysis
Myriad (XMY) looks really good on the charts. This altcoin has been available for trading on Bittrex since 2014, this is a year after I started getting involved with Bitcoin. This is one of the crypto-relics (a few years is a long time in this market, the coins cycles are really fast compared to traditional markets). Let’s take a look at it and position ourselves…
Weekly chart:
Myriad found support on the 12th August when it touched the late 2017 price levels. After hitting this low point, this support hasn’t been tested again, a sign of strength since most altcoins had hit bottom twice before moving up.
The MACD is curving and turning up with changing volume; green to red.
RSI moving up slowly after it came out of oversold.
Stronger signals can be appreciated in shorter time frames.
Myriad Trade Instructions by Alan Masters
Buy in: Up to 54
Targets for XMYBTC:
(3) 66
(4) 75
(5) 84
(6) 97
(7) 114
(8) 132
(9) 143
(10) 161
(11) 191
(12) 212
(13) 238
(14) 315
(15) 364
--
Early targets.
(1) 49 – Reached 11-Dec. (+22%)
(2) 56 – Reached 17-Dec. (+40%)
Stop loss: Close weekly candle below 37.
Capital allocation: <5%.
BETTER TIMES
Things can be good for you.
Everything can be great.
Things can be going bad.
Everything can change.
Life is full of downs and ups.
Everything can go right or wrong.
I am always preaching…
Better times to come.
Namaste.
Myriad VS Bitcoin Found The SupportThe Myriad has found the support at 73 satoshis, which is a very cheap price in relation to most coins out there. The support is confirmed by two Fibonacci retracement levels. Fist is 327.2% Fibs applied to the corrective wave up after the uptrend trendline breakout. And second is 78.6% retracement of the previous wave up.
Clearly the support has been rejected for two consecutive times and it could be rejected once again. The RSI Oscillator shows bullish divergence adding extra confidence to the potential trend reversal or a correction upwards.
Overall, price seems to be extremely attractive while XMY could substantially outperform the Bitcoin in the short, and medium term. But, break and daily close below the 70 satoshis low could invalidate bullish outlook and extend the consolidation.
Correction imminentStrong bearish divergence apparent, OBV looking weak. RSI flirting with oversold and been hovering for some time.
Expect to see a pullback in the short term. Strong support at 75sats if middle BB breaks - Middle BB currently at 77sats.
[XMYBTC] Myriad about to Launch Hi traders!
XMY found some support near 100 level
I expect it rise to resistance line
Entry zone:
100-108
Targets:
116-120
125-137
Stop loss:
under 95
Long term targets:
140-160
170-190
Follow money management, for low-volume coins don't use more then 5% of your deposit size, or 10% of free btc.
XMY analysis: short or long ?Salem traders,
XMY has reached a strong resisatnce arc. and decision need to be made if it breaks it then it will loose 50% to 75% of its value.
if the resistance arc hold and we break above the resistance arc. then our first target would be 50% gain around the 190 level.
summary
Long
trigger above 130
target 190
stop loss 110
short
triger 110
rebound 1: 65
rebound 2: 45
XMY/BTC % 447 POTENTIAL PROFIT Myriad is one of the underdog coins that I have been watching for a while. I think it shows some great potential. It is forming a big triangle on the daily chart which seems to be very near apex. Great potential.
Good Luck,
Strong Bounce off of USD Support LineStrong buying opportunity for Myriad, as it has been trading very technically strong. Bouncing off of dollar support at .018. Could see a reversal here and also follow through if volume follows.
xmy/btc the breakout of the underdogxmy is one of those underdog coins which has the potential of a huge breakout.
the action that I showed with the purple round marking, i believe is going to repeat itself on a much bigger scale over the next few weeks.
That means huge profits for the investors. The thing I like with coins like this is, a small announcement like a new exchange listing (very possible)
makes a huge impact on the coins reputation and thus the price. I believe this coin is very good buy opportunity right now.
Good Luck,
tipbox:
17BUPYGRFqknHUSKTQAmNRrDKsMyH29rvZ - BCH
GTeHWtQaQAGeeEkW5gtgSPaWnMZmyQrUdR - BTG
XmXxWSgRqa4ZzzQUbWQnsAfxA1RGPScqZN - DASH
0xB62e34A9C3090Bb442a60C3f5d6Df72Db0341143 -ETH
Triangle forming for XMY at key timeAfter the recent cryptocrash, $XMY has had a very impressive recovery and is now forming a triangle below ATHs.
Watch and see what it does.
Still Going to HODL XMYI am still going to HODL the XMY I bought few weeks ago. Although it had a negative correlation and now it is slowly going back up, the possibility of a breakout and higher valuation in price seems inevitable for a continued holding. It supports 5 algorithms for mining, the demand is increasing, and it is completely built off of merged mining as well as decentralized distribution. Given the fact that it is less then 3 cents, and I predicted large rises before, it can have similar market potential to the breakout Siacoin or even ADA have had.
Myriad VS Bitcoin Upcoming Wave UpThe Myriad has been trending upwards producing higher highs and higher lows since. The uptrend is clearly valid and is likely to continue. Currently Myriad has corrected from 364 satoshi down to 240 satoshi area where it found the support at 50% Fibonacci retracement.
240 sat support has been rejected multiple times and never went below the 200 Moving Average. XMY/BTC also broke above the 227.2% Fibonacci retracement level and should continue moving higher towards the nearest resistance at 327.2% Fibonacci at 438 satoshi.
XMY Update by Request - May Get SegWit BoostXMY is set to implement SegWit later today, but this may already be factored in .
Has shown strong consolidation up to this point on low volume, hopefully the SegWit news will bring Myriad some attention and we'll see a jump. Target 365 for now, if it breaks, 400+