Monero BTCPaying attention to the BTC value in alts is huge. Buying coins that are still at bottom value in BTC can really reduce risk if you are looking for an entry. I used Bonfire and DWEB to find Gann trends and levels to watch.
XMRBTC trade ideas
XMR: 1M - 1.6M - 2.1M - 3M stsMonero is privacy coin King, it can reach 3M sts in this bullrun.
1M - 1.6M - 2.1M - 3M are important price levels.
XMR/BTC Trade Buy order placed on the .007740.
Lines up with the 61.8% fib on the most recent retracement and the 23.6% fib on the whole move up.
Just looking for a small % trade up to the previous high.
8500 target for XMR could be achieved real fastDue to breaking its 1.6 lvl Fib extension in fast pace strong candle, 2.6 lvl could be achieved real fast for XMR. It also broke EMA400 which is now strong support below it.
Entry: 7350-7450
1) 8500
2) 10000
3) 11500
4) 13000
5) 14000
6) 16000
Stop loss: close daily candle below 6700
XMRBTC - Analysis EngineeringRobo is bullish for XMRBTC at the moment. If you consider buying wait for the daily close above the 0.008 area support line
As long as EngineeringRobo is bullish and the candles are above the uptrendline no need to hurry to sell it.
If you want to make the quick profit, you can sell it at the first resistance level (0.012 area support line) .
Otherwise, just follow the signals.
XMR/BTC Still Bullish ? Monero has been following my Last Analysis for the moment,
IF price continue trading my targets are still valid , We will continue to go up
IF price trade under EMA13, We can see a retrace or a sideway but mid-term this will continue to grow,
Maybe it would be time to reload your bags if price goes down
Not financial Advice just my own Analysis
Please Comment, Like , Share
Watch the related idea if you want to see the last analysis about XMR
BULLISH - SHORT & LONG TERM - 1d chartupdate of an update
short term : bull div RSI
longer term (june-july):BuLLISH; see my other posts
in other words
I BUY NOW
& put SL
@ 6400
BUT PLEASE
make your own choices
XMRBTC - UPDATE - SHORT - 1d chartIn an earlier post i mentioned 8000 as target for labour day (1st of May).
LABOUR DAY CAME SOONER THIS YEAR
This can retrace to 7000's or even 6600's
7400 can hold too
but it's gonna go down in the days following
WHY?
bear div RSI 26th vs 28th of april
H&S could be in the making
I sold half @7777
I will be watching this closely in next couple of days
and hope to fuel up
bcs this goes up BIG TIME
Always speak with two words though
Always keep a close eye on BTC
That M* can ruin it all
And that's why you always need to look for the lowest trend line,
even if she doesn't exist yet
TAKE CARE
LOVE YOU
XMR/BTC - 1D - LABOUR DAYThis is an update of an earlier published post (3rd of April).
Right on track so far
EVERYTHING POINTS UPWARDS ↗️🔥
TOWARDS
8750
FIRST TARGET
8000
ON LABOUR DAY
(or around)
🍀🍀🍀🍀
XMRBTC on the movePumped while BTC dropped, not unusual for XMR. XMR is a late mover among alts. XMR was one of the few that pumped after the September 2020 dump.
XMRBTC is currently at range resistance and RSI is overbought. A pullback is natural and will for the right shoulder of an inverse Head and shoulder. If for some reason there is weakness it will sweep the lows of the range.
XmrbtcXmr is breaking out dynamic resistance I. Daily timeframe. It has good potential to grow . Previously we see high grow in Etc with same analysis.
Privacy goin parabolicppl start to know that bitcoin isnt good enough anymore,
sound money requires financial privacy
