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XMRBTC trade ideas

💡Don't miss the great buy opportunity in Monero/BitcoinMidterm forecast: While the price is above the support 0.00600, beginning of uptrend is expected. We make sure when the resistance at 0.00815 breaks. If the support at 0.00600 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 0.0064 on 2020-11-21 and the trough at 0.00625 on 2020-12-21, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased. A trough is formed in daily chart at 0.00625 on 12/21/2020, so more gains to resistance(s) 0.00705, 0.00755 and maximum to Major Resistance (0.00815) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 49. Trading suggestion: There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.00625 to 0.00600). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (0.00625) . Ending of entry zone (0.00600) Take Profits: TP1= @ 0.00705 TP2= @ 0.00755 TP3= @ 0.00815 TP4= @ 0.00865 TP5= @ 0.00945 TP6= @ 0.01170 TP7= @ 0.01400 TP8= @ 0.01600 TP9= @ 0.01900 TP10= @ 0.02300 TP11= @ 0.02565 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
9
💡Don't miss the great buy opportunity in Monero/BitcoinMidterm forecast: While the price is above the support 0.00600, beginning of uptrend is expected. We make sure when the resistance at 0.00815 breaks. If the support at 0.00600 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 0.0064 on 2020-11-21 and the trough at 0.00625 on 2020-12-21, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased. A trough is formed in daily chart at 0.00625 on 12/21/2020, so more gains to resistance(s) 0.00705, 0.00755 and maximum to Major Resistance (0.00815) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 49. Trading suggestion: There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.00625 to 0.00600). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (0.00625) . Ending of entry zone (0.00600) Take Profits: TP1= @ 0.00705 TP2= @ 0.00755 TP3= @ 0.00815 TP4= @ 0.00865 TP5= @ 0.00945 TP6= @ 0.01170 TP7= @ 0.01400 TP8= @ 0.01600 TP9= @ 0.01900 TP10= @ 0.02300 TP11= @ 0.02565 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
17
XMR/BTC Binance Micro Trend Analysiswe have an obvious break upwards and now Monero sits back in what has been its most familiar trading channel for the last 1.5 years or so, between .008562 and .007501 BTC. yellow trend lines indicate current and previous micro-trend support and resistance, while the 3 red lines represent the channel i mentioned in the previous sentence. the thinner green line is what i consider secondary support, which matches nicely with the 33 day MA. there is still a lot of upward momentum so no reason to expect any major downward moves. i expect it to stay within the box and in the upper part of the channel until it breaks to the upside, or drops to retest that long-time support/resistance. either one will indicate a rapid move to the upside or downside, respectively. from a macro perspective, the thick blue line is rock bottom support stretching all the way back to the historical low, which has actually been slightly increasing every dip. we just finished testing that support and rebounded nicely. with current market conditions and the energy upwards, i see no reason for us not continue these nice and steady gains!
XLong
by Alyasa420
XMRBTC has strong bullish potential on this formationThroughout the whole year, every time XMRBTC broke above both the MA50 and MA200 on the 1D time-frame, the price rose by +9.50%, +27% and +60.50%. When the MA200 broke last, we saw the strongest rises while then the MA50 broke last we saw the +9.50%. This time it broke the MA200 last. Can it deliver a +27% or +60.50% rise? Previous XMR signal: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView --------------------------------------------------------------------------------------------------------
XLong
by TradingShot
4
💡 Don't miss the great buy opportunity in Monero/BitcoinTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0073). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Monero/Bitcoin XMRBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 75. Take Profits: TP1= @ 0.00782 TP2= @ 0.00815 TP3= @ 0.00865 TP4= @ 0.00930 TP5= @ 0.00997 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
💡 Don't miss the great buy opportunity in Monero/BitcoinTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0073). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Monero/Bitcoin XMRBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 75. Take Profits: TP1= @ 0.00782 TP2= @ 0.00815 TP3= @ 0.00865 TP4= @ 0.00930 TP5= @ 0.00997 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
5
XMR/BTC: Bottom Fishing or Treasure Hunting for MoneroXMR/BTC has a poor market structure with low volume and is just treading water right now around 0.006 BTC. Can the bulls thwart the bears at 0.006 and reverse this situation? I think so and therefore believe this to be a treasure hunt. Monero has unique qualities and advantages over Bitcoin that people may awaken to in the not too distant future. How many people have and continue to buy bitcoin and believe that they have bought private, anonymous, digital cash? Just because it is decentralized, does not mean it is private. We believe privacy and fungibility to be currently undervalued by crypto investors and Monero is the front runner in this arena for now. There are others but Monero has first mover advantage and is private by default. Having said that, we are bullish on both Bitcoin and Monero going forward, just that the latter is better value right now. People will eventually want to own private digital cash and not be tracked by big data corporations and the government for that matter. Long XMR/BTC from 0.006 could be a profitable move if you believe that blockchain privacy is the way forward. XMR/BTC: 0.006 appears to be a nice area for accumulation.
XLong
by rzinho
1