TradingView
Sebastiaan-
Nov 27, 2019 11:54 AM

XMR and XMRBTC various views  Long

Market Cap XMR, $CRYPTOCAP

Description


  • A turn in XMR seems to be in. Both the XMRUSD and XMRBTC are signalling a bottom.

  • Multi year support seems to be holding. (fake break below got bought up)
  • Tapped low end of VPVR. Movign back to 1.09B High volume node, and has unfinished business up until 1.5b mark.
  • Has been following fractal since early sept perfectly.
  • DeMark 1D: Perfected 9 and S13 triggered.
  • More DeMark analysis folllowing in posts below


DeMark on 2W timeframe XMRUSD:
2W Perfected 9 buy signal (the perfect 9 sell worked beautifully 18 weeks ago).

DeMark on 2W timeframe XMRBTC
Cluster of A13, C13, and S13.

DeMark on 1W timeframe XMRBTC
Perfected 9 triggered, on green 4 out of 9 currently.
Also really clean break and retest out of falling wedge. (see daily as well)

DeMark on 1D timeframe XMRBTC
Cluster of A, C and S13's triggered and active.
Move to 0.008 High volume node likely. Break and convert that, move to 0.011 next.


Comments
OnurE
Thanks for your analysis! It's very helpful
Sebastiaan-
@OnurE, My pleasure!
Sebastiaan-
Sebastiaan-
And the XMRBTC charts:

2W XMRBTC (ignore volume, as volume has moved to different exchanges) 2W Perfected 9 buy signal. See how the perfect 9 sell worked beautifully 18 weeks ago.


1w XMR BTC. Perfected 9 triggered, on green 4 out of 9 currently. Clean break, retest and move off of the wedge.


1d XMR BTC: Cluster of A, C and S13's triggered and active. Move to 0.008 High volume node likely. Break and convert that, move to 0.011 next.
More