Monero has been on an overall uptrend since November. It is now moving within what seems an ascending channel, and very recently it has touched what can be the bottom of that channel judging by the bullish engulfing pattern in the last day's candle. If so, we can expect the price to rebound slowly back up towards the top of the channel. The MACD is also showing...
Trading Analysis: MONERO is in Range bound but Resumption of uptrend is expected. In DAILY chart , A hammer pattern is formed which is the first sign of the beginning Ascending wave. The price touched the strong uptrend line in Daily Chart . It is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 48 and above a RSI support level. ...
What we are seeing here is a very well-behaved 60-day chart for XMR/BTC as it develops on the Binance exchange. Several different things can be noticed in this Chart/TA. 1) Monero has been moving upwards (at a very consistent angle of 25 degrees) inside of a very defined channel as can be seen between the resistance line {white-dotted} and the support line...
technical analysis: MONERO, is in Up trend. The price is now above the 21-Day WEMA which acts as a dynamic support and prevents from more losses. DAILY RSI is 52 and above a support level. In H4 RSI there is a strong downtrend line and as long as bullish exit is not happened Price will drop more. Trading suggestion: There is possibility of temporary...
With the crypto markets going somewhat sideways for the day, I think it is wise to take a moment to take a look at some good investment opportunities for the 2018. Any good cryptocurrency portfolio should be a mixture of coins which represent varying risk levels. However, Monero (XMR) I think will be one of the strongest performing cryptocurrencies in 2018. ...
1)Kumo twist suggests bearish reversal 2)TK divergence should give bullish trend 3)Key level of resistance at 0.02btc. Previously turned to support on break through. 4)RSI not displaying overbought despite price increase. 5)Volume increase
Broke through the first resistance line. Let's see where XMR goes from here. -Lines or nothing at all - Monsieur Gato
While everyone was focused on the BTC crash / BCH moon last night, most coins took major dumps. However, there were a couple major coins that held their own and actually increased in terms of BTC. MONERO was one of them. Looking more closely, we can see that xmr has quietly passed the resistance set earlier in the month by its head-fake breakout. If the move...
XMR gave a dream rally in recent days, but as we always say, what goes up, always comes down (BTC might be an exception :P) Once again, banking on the mixture of Moving Averages and Fib, we are expecting XMR to dip towards 220-225 level against USD. The tricky part is to catch the right buy level as moving average, as name suggests, is MOVING. I am placing buy...
Monero looking like a very nice long position right now, puling out of consolidation phase and presenting some new signs of additional volume out of the channel. Watch these Fib levels closely, but looks to me like this would be a very nice time to go long. Entry at the long position position, but be aware of possible bear traps as always. Happy trading!
Similar to LSK we have XMR heading into its final wave of its Elliott sequence. Target will be around $250
Which one is the real bottom of monero??? But definitly seems to going down ,can it stop before its its too late?
XMRBTC Monero is approaching significant support line. And there we will see what happen. I think that there will be a reflect and Monero will go up. Also is there a possibility to break through the resistance line.
Who didnt fix profit when I give update, have a chance to reverse price from "support zone" Need break out R-ressist. to start strong impulse
Monero/BTC. Price broke out downward channel! This is bullish signal, waiting for confirmation by break out F-ressist and increase volume
Monero appears to be breaking out from support but there is resistance it must break through to succeed This is a counter-trend trade so trade smaller. Risk reward is 2.25:1 Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with my views or analysis then it's very simple,...