XRMUSD - Intraday - We look to Buy a break of 237.1 (stop at 230.9) Daily signals are bullish. Short term bias is bullish. A break of bespoke resistance at 237.0, and the move higher is already underway. We can see no technical reason for a change of trend. Our profit targets will be 254.2 and 258.2 Resistance: 237.0 / 245.0 / 250.0 Support: 229.0 / 225.0 / 220.0
XRMUSD - Intraday - We look to Buy at 191.4 (stop at 186.9) Dips continue to attract buyers. A bullish reverse Head and Shoulders is forming. Pivot support is at 191.3. We look to buy dips. Our profit targets will be 203.9 and 206.9 Resistance: 200.0 / 205.0 / 210.0 Support: 195.0 / 190.0 / 185.0
Here is a my simple trend analysis on Monero, the leader in private fungible transaction. I try to demonstrate how XMR could reach 160$ soon based on trend analysis. What is your short term expectation and chart pattern? Let me know in the comments below.
A new trendline can be drawn due to the recent bull rise in price, this includes the start of the initial bullrun, the middle of the bear market, and to right now. A common theme between ETH and Monero A triangle can be drawn from the start of the initial bullrun to the trendline, and also another triangle can be drawn from the start of this bullrun to the...
Monero is probably one of the few old cryptocurrencies that has retained its value in monetary terms, as well have the main old-school function of the crypt - anonymity! Crypto anarchists who value the anonymity of the crypt, buy XMR and hold for years , and such actions allow the price of XMRUSDT to adequately keep on the global chart. Today we will look at...
will this be a sell-the-news or buy-the-news event? chart looks like it wants to break out on this news with a potential floor forming at the $200 level github.com this is a historic moment no matter what the market says, it is a huge milestone in the already-impressive resilience factor that monero has.
Return to a strong trendline for XMR Perfect buying opportunity as this will likely bounce off 1.618 or the trendline drawn What was previously resistance (1.618) has become a place of support now
An idea I'm keeping my eyes on... Nothing is certain with all the news as of late. Yet, I see this as a justifiable reason for potential rise back to ATH's. Will the King prevail or shall he nap? D Y O R.
I saw this coming but didn't believe it. If you saw it and acted upon it, well done!
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (458). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XMRUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
XRMUSDT - Intraday - We look to Buy a break of 415.3 (stop at 394.8) Daily signals are bullish. Price action is forming a bullish flag which has a bias to break to the upside. We can see no technical reason for a change of trend. A break of 415.0 is needed to confirm follow through bullish momentum. We look for gains to be extended today. Our profit...
Hello my friends! Monero has performed extremely well the last few days. Against the trend. Imo we should now see a fast bullish correction. -- Let's see what happens. Happy trading. :-) --
Interestingly, the US treasury is hinting at cracking down on money laundering through BTC. Monero is designed to be the most private crypto. It would be my guess that MO DINERO will be flowing through MONERO soon. Also, the technicals look good. Stoch RSI and MACD indicate a buy. In addition, we've got a V spike with a near-identical angle (which usually...
Monero (XMR) is the top privacy-centric cryptocurrency based on the CryptoNote protocol, a secure, private and untraceable currency system. Monero uses a special kind of cryptography to ensure that all of its transactions are remain 100% unlinkable and untraceable. In an increasingly transparent world, you can see why something like Monero can become so desirable....
XRMUSDT - Intraday - We look to Buy a break of 332.3 (stop at 318.9) Daily signals are bullish. Price action continued to range between key support & resistance (310.0 - 331.0) although we expect a break of this range soon. A break of bespoke resistance at 331.0, and the move higher is already underway. The previous swing high is located at 345.0. We look...