Bearish rising wedge breakout. Looking for a nice double bottom to form.
Dates in the future with the greatest probability for a price high or price low
Hi Folks hope you are well, this bearish trend is helping many tokens and cryptocurrencies to complete their finals bearish legs to form bullish patterns and Monero (XMR) is also one of them. On 2 day chart the XMR has formed bullish Crab pattern, even though the price action has hit the spike in PRZ level and pulled back but I am expecting that due to this...
Hi friends hope you are well, on 2 day chart the Monero (XMR) Coin has formed bullish BAT pattern and entered in potential reversal zone to move up. Lest’s dig the pattern deeper to see how perfect this pattern is formed: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to...
Hi friends hope you are well, here I have found another profit potential trading idea for you and this time Monero (XMR) has formed bullish BAT pattern and entered in potential reversal zone and ready for bullish reversal soon. Let’s examine how perfect this pattern is: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then...
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. ....
Long Term Bearish Move: The price action of Monero has been moving down with strong bearish trend since Jan 2018 after hitting the highest price of Dec $477. In the meanwhile it has been giving us many short term and midterm trading opportunities but on a bigger view it has been down and finally touched $38.50 in Dec 2018 that is the lowest price from Dec 2019 up...
XMRUSD and ETHUSD both have created this formation. Simple observation.
Here are some details. We are possibly in a Wave 1 for XMR. We are having a possible W formation on the weekly chart. Short term i see a retracement... Trap Zone for Fomo fishers : 89.60$ to 103.57$ Buying zone : 74.55$ to 56.77$ 1st Target to reach 206.30$ at the 0.382 fib 2nd target to reach 306.81$ 0.618 ... (if o.382 fib confirmed a support on a daily...
Monero has broken out from a prolonged adam and eve setup. Simple chart. Simple trading pattern.
Priceline of Monero / US Dollar cryptocurrency has formed bullish Shark pattern and entered the potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 52.949 to 49.193 Sell between: 56.295 to 63.804 Regards, Atif Akbar (moon333)
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...
21 minutes ago Priceline of Monero / US Dollar cryptocurrency has formed bullish Shark pattern and entered the potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 62.106 to 61.143 Sell between: 63.099 to...
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...
Priceline 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...
Priceline of Monero / US Dollar cryptocurrency has formed a bullish shark and entered in potential reversal zone. I have defined targets using Fibonacci sequence as below: Buy between: 81.23500000 to 79.22000000 Sell between: 83.88172959 to 88.81193575 Regards, Atif Akbar (moon333)