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XMRBTC trade ideas

💡Don't miss the great buy opportunity in XMRBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (404000). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . 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 64. Take Profits: TP1= @ 497000 TP2= @ 540000 TP3= @ 580000 TP4= @ 630000 TP5= @ 715000 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
7
💡Don't miss the great buy opportunity in XMRBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (404000). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . 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 64. Take Profits: TP1= @ 497000 TP2= @ 540000 TP3= @ 580000 TP4= @ 630000 TP5= @ 715000 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
19
Monero (XMR) Project OverviewWhat Is Monero (XMR)? Monero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. Even though it’s commonly thought that BTC can conceal a person’s identity, it’s often easy to trace payments back to their original source because blockchains are transparent. On the other hand, XMR is designed to obscure senders and recipients alike through the use of advanced cryptography. The team behind Monero say privacy and security are their biggest priorities, with ease of use and efficiency coming second. It aims to provide protection to all users — irrespective of how technologically competent they are. Overall, XMR aims to allow payments to be made quickly and inexpensively without fear of censorship. Monero (XMRBTC) Chart Analysis Let's have a look at this chart on the daily timeframe for Monero (XMRBTC). First, notice the left side of the chart... We can see a strong bearish wave until early January 2021 at which point a potential low is hit. We see a very strong bounce take place and finally end up in February, one month later, with a higher low. We have prices consolidating and printing higher lows. Now we are moving above EMA10 and the indicators are turning bullish... ---- Namaste. This is not financial advice.
X
by AlanSantana
14
🔥 XVGBTC 🔥 +25%What is Monero?? Monero (XMR) is a privacy-focused cryptocurrency released in 2014. It is an open-source protocol based on RandomX formerly CryptoNote. It uses an obfuscated public ledger, meaning anyone can send or broadcast transactions, but no outside observer can tell the source, amount, or destination.A proof of work mechanism is used to issue new coins and incentivize miners to secure the network and validate transactions. Monero uses different privacy-enhancing technologies to achieve anonymity and fungibility. It has attracted users desiring privacy measures that are not provided in more popular cryptocurrencies. However, it has also gained publicity for illicit use in darknet markets. Target: 0.00498 Buy:0.0040 SL: 0.0037
XLong
by MiguelFTCurado
5
Monero (XMR) formed Gartley pattern for upto 37% moveHi dear patrons, hope you are well and welcome to the new update on Monero (XMR) with Bitcoin pair. On a daily time period chart, the price action of XMR coin with Bitcoin pair has completed the formation of another bullish harmonic Gartley pattern . This trade has a profit possibility up to 37% and the loss possibility is 10%. Note : Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
XLong
by moon333
Bitcoin, please give privacy a chance! Goverments hate privacy and empowering the people and that is Moneros biggest problem on the market right now. "Seven developers were initially involved in creating Monero — five of whom decided to remain anonymous. There have been rumors that XMR was also invented by Satoshi Nakamoto, the inventor of Bitcoin. XMR’s origins can be traced back to Bytecoin, a privacy-focused and decentralized cryptocurrency that was launched in 2012. Two years later, a member of the Bitcointalk forum — only known as thankfulfortoday — forked BCN’s codebase, and Monero was born. They had suggested “controversial changes” to Bytecoin that others in the community disagreed with and decided to take matters into their own hands. It’s believed that hundreds of developers have contributed to XMR over the years." coinmarketcap.com "Monero and other privacy-oriented currencies have concerned regulators targeting illicit activities and money laundering. Exchanges in South Korea and Australia have delisted Monero and other privacy coins due to regulatory pressure. In September 2020, the IRS Criminal Investigation (IRS-CI) division offered up to $625,000 to contractors who can trace transactions or provide statistical probabilities that connect transaction data to specific users in Monero or Bitcoin's Lightning Network. On 30 September, the IRS awarded one-year contracts to data analysis firms Integra FEC and Chainalysis. " en.wikipedia.org "How Many Monero (XMR) Coins Are There in Circulation? Monero is slightly unusual as a token sale wasn’t held for XMR — and no tokens were premined either. At the time of writing, the circulating supply of XMR stands at 17,703,471. This cryptocurrency is designed to be resistant to application-specific integrated circuits, which are commonly used for mining new Bitcoin. In theory, this means that it can be possible to mine XMR using everyday computing equipment. Overall, there will eventually be a total of 18.4 million XMR in circulation — and this cap is expected to be reached on May 31, 2022. After this, miners will be incentivized using “tail emissions,” with a small amount of XMR being fed into the system every 60 seconds as a reward. It is believed this approach is more effective than relying on transaction fees." coinmarketcap.com
Long
by MaAndre0805