Market overreacted for some reason, and looking at the recent history it never passed that red line. Short in expectation of big correction to come and bring it down to 0.015X range. Monero may be pretentious and dream big, bit it's a niche thing.
we can see a breakout from the falling wedge as well as a double bottom - could be a good long opportunity here
Macd long squeeze Overall bullish Daily bullish decending wedge
if you forgot, well you should have, you guys holding from the last top probably just dumped at the bottom and bought etc xrp and lsk. Though i expect more up as I have a bunch of alts, I think the recent bottoms in xmr will pay off with a decent R/R if we can get past the high and this makes a higher low. dyor on coins, not financial advice. just neon crayons.
BTM has a huge news and update coming this month a perfect buy here
Looks like a nice cup and handle with volume. Just a matter of time for a breakout imo.
Despite a drop in price over the last several days, partly coinciding with a rapid climb in Bitcoin price, we can see a clear cup & handle pattern forming, along with XMR testing a support line (top pink line) which has been in place since November 2016 and a bullish triangle/pennant. This could all be an indicator that February through to March at least is going...
We had previously expected XMR to make a significant move upwards due to: (1.) BTC pulling back; (2.) XMR wallet on Jaxx, release scheduled for 21st Nov www.reddit.com However, (1.) Due, probably in large part, to real world economic factors such as Yuan devaluation, Indian demonetisation and a run to an alternative 'safe haven' while gold and silver turn...
- Pivots - RSI - DMI / EMAS - Ichimoku - 2 Resistance - Patterns
- Inverted h&s - There is a strong inverted correlation between XMR and BTC. I think BTC is about to break down to $670-690. This will definetely pump xmr to monthly highs. I expect it to pull back very quickly so better short around 0.014 - 0.015 and long again around 0.012 (i'm a noob)
Hey guys, First time posting on TV, so bear with me =) Figured I'd share this good, slightly obvious short-spot on xmr/btc. Technically it's interesting as there is quite some resistance in the 115 area, whilst hardly any support in the 100-110. A double top here would likely mean re-testing 65-75 range, possibly even the local low (depending on btc's...
Breakout above 0.0129 for confirmation with target around 0.014s before selling resumes RSI oversold Regular bullish divergence Expecting short term bounce