Midterm forecast:
While the price is above the support 26.05, beginning of uptrend is expected.
We make sure when the resistance at 68.20 breaks.
If the support at 26.05 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A peak is formed in daily chart at 67.79 on 05/18/2020, so more losses to support(s) 60.05,...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (60.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRUSD 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.
....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (79.50). 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 support.
....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00825). 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....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (52.17). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Hi, Traders ! Monfex is on the air !
BTSE, a UAE-licensed cryptocurrency derivatives exchange, announced the launch of Monero (XMR) futures trading on its platform.
* The exchange is considered to be the only one supporting XMR futures trading. It also announced that XMR Futures would provide investors with various payment options, while traders could also...
Hi, 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...
Hello, dear Traders!
Monfex is at your service and today we overview XMR/USD .
Monero broke the resistance line of the descending channel, but we have the key level for confirmation of a further growth !
XMR is suspiciously the most passive in recent time and now it starts to growth.
The great resistance zone ~ $ 57 .
This long idea also supports the...
Hello, Traders!
Monfex is at your service and today we overview XMR/USD .
XMR is suspiciously the most passive recent time, so there is a premonition that it will soon rise up at least 10% for a day.
Also Monero has a bullish divergence by RSI.
But we remember about money-risk management and limit ourselves of possible losses!
Active Trade Signal by ...
Hi, Traders ! How is it going ?
Monfex is on the air !
Do you still hold Monero (XMR) in your portfolio ? If yes, than better hurry up with Selling it ag BTC. Of course, if you will find the arguments in favor of this idea convincing enough after reading our analysis.
Just take a look at 1W Chart of Monero (XMRBTC):
* The price is going down relentlessly...
XMR has been on the slump with many other alt's in the market XMR has been showing signs that it may push back to the upside in the next few days leading on for the reversal.
News has been quiet on the XMR front but after there Monero Coffee chat it seems good things are on the horizon for Monero!
www.youtube.com
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (86.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRUSD 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....
Midterm forecast:
98.50 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 74.
New trading suggestion:
*There is still a possibility of temporary retracement to...
I'm watching all day what is happening on Coinbase Pro today and it looks to me like a huge sell off of coins. Checked other currencies too and looks very similar to me. Bots pumping up the price to the top then selling coins then pumping back a bit and again selling coins. Coinbase pro looks today like a computer simulator now, there is no real trade in my...
Lets see how this rolls out, XMR looks promising for a quick skim around here - I predict it will bounce off the 200MA but if it breaks through it could be even better.
RSI signaling oversold on daily and hourly - while showing bullish flags.
Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.
Technical analysis:
. The price is above the 21-Day WEMA which acts as a dynamic support.
. Relative strength index ( RSI ) is 55.
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume....
