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XMRBTC trade ideas

Monero (XMR:BTC) OutlookHey Monero Maximalists! My favorite long term hold, Monero (XMR), remains in a bearish trend, as seen in the above chart. In the very short term, XMR/BTC failed to break above the 0.0075 resistance area yesterday and has since dropped back down to the 0.0065 area. If it can hold above the local low in the 0.0063 area, that will be a positive sign for the bulls. However, if XMR/BTC continues falling and breaks below the 0.0063 local low, it will approach a prior support area in the 0.006 region which would be a favorable area to buy, in my opinion. If XMR/BTC were to fall slightly further and break below the October 2016 low of 0.0058, the next historical support levels are in the 0.0051, 0.0048, 0.00475, and the 0.0043 areas, which would all be favorable areas to buy extremely undervalued XMR in my opinion. Another area to keep in mind is the 88.6% Fibonacci retracement level at 0.00486. As you may have noticed in the XMR/BTC monthly logarithmic chart above, I am still using the Poloniex exchange, since the historical data goes back the furthest, and it provides the most complete picture for a more thorough analysis. This is due to the fact that Poloniex was one of the earliest exchanges to support Monero. Due to the bearish trend, the technical bias remains to the downside until the bulls can break through resistance. Nevertheless, I expect that a bottom should come soon (assuming it is not already in) since Monero is extremely undervalued in my opinion for fundamental reasons I've posted on before. Stay ahead of the masses, Seth Maniscalco Founder, Crypto Wealth Coach LLC Owner, Modern Wealth Management LP www.CryptoWealthCoach.com
Long
by smaniscalco
MONERO vs BITCOINHi, there! Monfex is at your service and today we overview XMR/BTC . XMR near the resistance zone and MA200 also there. And this bullish movement in the last week has been support with a bullish divergence by RSI. A breakout of the key level with confirmation and consolidation of the price above it will be a good trade if this happens in the near future. For now Monero has a bearish divergence and this tell us to look at some sell position. And globally by Monero we have a bearish trend. Supposed Trade Signal by XMR/BTC Sell near 0.007260 Take profit ~ 0.006310 Stop loss at 0.007548 Market Cap $999 452 535 USD Volume (24h) $102 505 296 USD Circulating Supply 17 270 955 XMR Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
XShort
by Monfex_UK
LONG - XMR - Trading OpportunityBullish divergence confirmed on the 3D chart, along with the biggest volume ever coming in, this is probably signaling a reversal after so many months of downfall. Entry: 0.00705 Target1: 0.008764 Target 2: 0.0104 Target 3: 0.012 SL: 0.006599 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
XLong
by ElMomento
Monero accumulation phase!Hello friends, looking at the chart Monero (XMR) is really showing good volume past couple days and it started to pmp +10%. What can we expect here is to have at least 300% growth on USD price. Soon we can see how much momentum can Monero keep for it's growth. However Monero is a real private coin and cannot chase or track any transaction between two entities. Caution: BTC price is not break out the falling resist line. Patience is needed. Trade with your own risk. Thanks!
XLong
by SellHope