On short term 3 hour chart the Monero (XMR) with Bitcoin pair has formed a bullish BAT pattern and just hit the spike in potential reversal zone but there are chances that the XMR will give another change to catch it from the potential reversal zone of this pattern so we can wait and buy. The Formation Of Harmonic Pattern: Let’s take a look in to pattern’s...
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....
Just keeping this as a note for future reference
Monero Research Lab released Triptych on the 6th of January proposing trustless logarithmic-size ring signatures. This could improve coin’s privacy significantly. Also there are plenty of good news suggesting that 2020 might be a good year for privacy coins. Monero has been around for a long time and is inline with Bitcoin, Ethereum, Litecoin and other top...
Monero has broken out from a prolonged adam and eve setup. Simple chart. Simple trading pattern.
Monero has a big fundamental for the next year, which until halving will have a less inflation coin emission than bitcoin. People will start noticing and more importantly the supply will push lower hopefully giving demand more power to push price up. Use stops, be safe.
XMRBTC (Monero) Target Price 0.00584403
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...
Consolidation or balance sheet for the next move. Top altos fired, but XMR is not ( 16 days we stand in a lateral movement. The next exit will be up. Stop Los hide below)
Seems like privacy coins will take the lead in outperforming the Bitcoin. Zcash and Monero are looking quite strong already! Waiting for an buy signal confirmation on break and close above recent high. PM me to join VIP signals group
BINANCE:XMRBTC A nice little example of a textbook descending wedge pattern reversal on the 1h chart here with Monero. Over the last few days I thought it might be a little triple top but given the fact that it's bounced off the 0.008200 area of resistance several times while slowly starting to make slightly higher lows, I'm putting my cards on a descending...
Slowly but surely Monero is coming back. Weekly volumes turning good. Don't think about fast gains in XMR but it's a Safe Long invest. Buy now 12900ish or little less. First Sell 14000ish. if break up Second sell 16000ish. Big resistance 17500ish. Stop Loss 12400. And as Always follow BTC trend. Happy Tr4Ding !
This is an excellent trade to take up right now, the price range will soon breakout upwards. OBV indicator has already broken upwards. XMR is the most private asset in the world. Be safe
Midterm forecast: While the price is above the support 0.01185, beginning of uptrend is expected. We make sure when the resistance at 0.01395 breaks. If the support at 0.01185 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. A...