On the daily chart, we crossed the 200 moving average line which is a positive sign for further gains on the Monro price, you can see that once the price touched a moving average, it fell but immediately Rose and bypassed the old price and this time broke the moving average 200, one more step forward confirming the strength of buyers and the high demand. From the...
Buy After Successfully Breakout Monero and then you can see Bounce back in price. You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
You can LONG , SHORT as Channel Formations. Trade Carefully !! Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
XMR has continued its uptrend nicely on the back of news that its transaction costs dropping down to basically zero, which puts some heat on ZEC. EMAs have started to turn up and could very well crossover if we can get above this supply zone. Volume has returned somewhat but on this spike up, we got stopped right at the top of the sell block so closing above...
XMR making a similar albeit not exact pattern to November of 2017. The leading indicator I am looking at is the leveling price on the 0 fib level + the bullish divergence in RSI. As you can see in November/December of 2017 XMR rose all the way to the 78.6% fib level before taking a break and then making another move upwards towards the 161.8% level. I don't think...
Monero XMRUSD is currently in a bearish trend against the dollar, however we can see very strong support below $300. Even though the Monero markets have been very volatile over the last month, it is important to notice that the bulls are not shy to buy any xmr under $300. It looks like a new base is being set between $280 – $300 and should the bears stay shy of...