Traders, Here we have XMR/USD on the 4 Hour chart. XMR has been in an up move for some time. Price has been making higher highs, most recently at 280. Price had an initial low at 150. Price looks strong and expecting to see the highs soon. I am expecting XMR to continue with the current upside momentum, and I am expecting a move to at Golden level fib...
not much to say monero looks very bullish 1st target - 0.031213 2nd target - 0.031213 stop loss - 0.027545
XMRUSD Great Buy set up forming On the daily chart XMRUSD has Rallied strongly for Nov to Mid Jan. Its then pulled back to its 200 EMA (The Green Line) and bounces back to trend. It has made solid progress up again and has just broken through its 50 EMA (The Red Line) and the 284.44 Horizontal level. It is now Retesting the 50EMA, and level from above. This is a...
Monero is a great coin and it seems to have formed a double bottom (red lines) and a inverse H&S. EMA lines are turning bull with 50 crossing over 100 and soon the 200 on 2hr frame. It should go to the first target before February 17th Targets 320 Based on the W bottom 350 Based on the H&S Stop loss 245-240max
Monero move sold off from a high of $477 on Dec. 20, 2017 to a low of $151.54 on Feb. 6 2018 in what can be described as a WXY Elliot wave structure. This 3 wave move should be followed by another 3 wave move upwards or the start of an impulsive move upwards that can see Monero move past its old price high of $477. POI = Point of invalidation at which price...
Monero is tracking closely BTC USD at this point, with a exadurated peaks and troughs compared with BTC. Looking at the 1 day candles, I can see a bear flag, in Oracle, however, looking at the 4 hour chart, the Inverted Head and Shoulders Platten looks to be playing out here also, as predicted by MagicPoopCannon on several charts. Very new to TA myself, but MPC...
Monero. The most anonymous cryptocurrency in the market. The XMR-token has been in an uptrend for several months now. but that's about to change as of now... 1. the 5-way uptrend is very well known bullish movement. the fifth bull move is the biggest as we can see on the chart. most of the times if we see this pattern, it's followed by an ABC downtrend. (a...
BTC IS A GOOD LEADING INDICATOR FOR UPMOVES,CONCURRRENT WITH DOWNMOVES XMR BROKE THROUGH 4X1 BUT WONT ADVANCE IF BTC FALLS, AND I THINK IT WILL DANIEL BRUNO, CHARTERED MARKET TECHNICIAN MANAGING MONEY? GET IN TOUCH.
Expect Monero to retrace in towards the 350 level, then start the 3rd ave up above 450. It looks like the big funds have partly rotated into Monero for the time being.
Seeing that the market is bouncing back strong after the recent pullback we can spot several bullish signals in the 4hour chart for Monero(XMR). Price following on the orange trend line and having to face no particular resistance until the 400($) dollars mark in combination with the Rsi looking strong and the Macd doing a reversal move,gives us a strong buy...
MONERO (XMR) is trending higher despite BTC and some other coins are still consolidating and testing their most recent bottoms. This is a sign of strength that can materialize soon. I am long XMR!
Bullish cross between Tenkan Sen and Kijun Sen by Ichimoku Kinko Hyo. The future Kumo is bullish to confirm this thesis. Further confirmation is given by Chikou Span over the price and over Tenkan Sen and Kijun Sen.
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. ...
Breakout (Support) at 415.750$ - Target 500$ #xmrusd #monero #xmr
From a graphic analysis emerges the breaking of a right-angled triangle, with a first target at 475 and a second target at 520. At the same breaking point of the triangle occurred a bullish cross between Tenkan Sen and Kijun Sen by Ichimoku Kinko Hyo. The future Kumo is bullish to confirm this thesis. Further confirmation is given by the bullish rupture of Chikou...
monero ended up overshooting and returned exisiting channel line. Price will reach previous high point on rising channel.