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XMRUSD trade ideas

MONERO BACK TESTING A TRADE STRATEGYMonero is one of many protocols that presented excellent opportunity for growth / savings in the last bull run. Using the strategy I came up with below there were opportunities to capture massive gains. Stacking crypto responsibly. (of course this is not financial advice) Apply 50% rule for purchases - purchase initial position using half the amount you want to invest - only ever purchase more if the price falls by 50%, using half of the remaining amount - you have an infinite number of times to purchase - apply the same formula to any new crypto position Apply the 10% rule for withdrawals - sell 10% if position does 100x - sell 10% (of the remaining 90%) if it doubles from there - sell another 10% (of the remaining 81%) if it doubles from there and so on - you have an infinite number of times to sell Specific example: - lets say you had $1000 to buy Monero in 2014 - buy 500 at $1.00 - in the next 15 months you would have bought 500 more at .50 cents - and 500 more at .25 cents - you now have 1500 monero (cost $875) - in 2017 you sell 150 at $50.00 ($7500) (100x your average buy price) - sold 135 Monero at $100 ($13,500) - sold 120 Monero at $200 ($24,000) - sold 109 Monero at $400 ($43,600) - now you made $88,600 by selling roughly 1/3 of your original $875 investment. - the remaining 986 Monero has roughly never been worth less than $50,000 and for a very short window of time it could have been sold for $493,000 in addition to the $88,600 you made along the way. I currently apply the same formula to DGB, ETN, XRP, ADA, XLM, RSR, MFT, MATIC, LAMBDA, PRO, ZIL, VET, and some other less known cryptos. Stack responsibly People should pay me for this course! ha! Do you think there will be many cryptos that 100x, 200x, or 500x in the next bull run? I think so. There might even be a 1000x in there somewhere.
POLONIEX:XMRUSD
by GJMRealEstate
4
XMRUSD forming bullish Shark | A good long opportunity The priceline of Monero / US Dollar cryptocurrency is forming last leg of bullish Shark pattern and soon it will be entered in potential reversal zone insha Allah. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone. I have used Fibonacci sequence to set the targets: Buy between: 54.991 to 53.916 Sell between: 55.705 to 57.596 Regards, Atif Akbar (moon333)
BITFINEX:XMRUSDLong
by moon333
XMRUSD formed a bullish BAT upto 119% expectedPriceline of Monero / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Price action is hitting the lower band of bollinger bands after Dec 2018 therefore we can expect a bounce from here, but volume profile is showing still interest of the traders even below the PRZ level and MACD is strong bearish and Stochastic is oversold but in bear cross so for secure trade we should wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone. I have used Fibonacci sequence to set the targets: Buy between: 56.193 to 47.953 Sell between: 75.903 to 105.462 Regards, Atif Akbar (moon333)
BITFINEX:XMRUSDLong
by moon333