Monero almost finished the falling wedge pattern (bullish pattern). Watching the trend line for a breakout.
Technical analysis: . MONERO/EURO 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 resistance. . The RSI is at 47. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . MONERO/EURO 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 resistance. . The RSI is at 47. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Using Bitmex Cobra on shorter timeframes is very profitable! I used the 15min. for this one. Percent profitable: 78% Profit Factor: 6.9 Bitmex Cobra is a highly profitable trading strategy which can help to spot profitable trades as early as they occur or even before. With Bitmex Cobra you get trading signals right on the chart which tells you when you should...
pretty sure we will dump more and have a recovery, after that... hell
Technical analysis: . MONERO/EURO is in a Down Trend and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (132.0 to 116.0). if so, traders can set orders based on...
Technical analysis: . MONERO/EURO is in a Down Trend and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (132.0 to 116.0). if so, traders can set orders based on...
Wave 5 of Wave C of Wave B yet to come. After this Wave C of the corrective move ABC starts. Short entry around 227 euros Target around 200 euros.
on a fundamental level, xmr / xmrusd Monero just finished a successful hard fork that kicked ASICs off the network and secured an uninterrupted future without DDOS or spam attacks. background: A) all (until recently) monero compatible ASICs are all from one company, bitmain, the shadiest bunch in the cryptosphere. they put not just one, but 3 backdoors that...
In this video we are trying to answer the question of why after a very stong move up (circa 165%) Monero is having a pull back. From what i see in the charts a B seems to be forming of a Gartley pattern at 61.8 fib level. If this is the case we will get a C in the region of 23.6 fib level before a move up to D at 78.6. This is still very early so I'll update as...
Traders, Here we have XMR/USD 4H chart. By looking at this chart we have a complete AB=CD pattern that will short this chart for awhile before the determined hard fork. C-D bull trend breaking down will be confirmed next few hours and we will dive for few days to recover the bull trend again before the airdrop snap Regards, Mohsen
XMR seems to be hanging very well in this channel, if plays out we should see 400%+ in under 2 months.
In line with the expectations for Monero/Dollar anticipate a move above 370 after a retrace below the 300 level. Given the marketstructure the retrace might even go to 250. Look for swelling volume as an early indicator or the next wave up. For now volume is drying up, so expect more downside first.