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IvanLabrie
Nov 22, 2020 6:15 PM

$XMRUSD: Long term bullish, but be ready to trade in and out... Long

BITFINEX:XMRUSD1W
Monero / DollarBitfinex

Description

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XMR suggests it can rally to really lofty levels by March 2022, privacy coins might get a nice boost now, apparently, judging by the PRIV contract at FTX. Personally, I don't love the reward to risk in these trades, so I'm not in but if you're invested you can get a decent idea of what to expect going forward.

Cheers,

Ivan Labrie.

Comment

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short term trend is sideways now. Long term still valid. Rather own #BTC personally.

Comment

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On track.

Comment

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Pinned timing of trend and sideways action WAY in advance, got the 2nd trend and correction timing a bit off but almost perfect overall...

Trade closed manually

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Wonder if this one is over.
Trend AnalysisChart PatternsBeyond Technical Analysistimeatmodergmovkeyhiddenlevelsmoneroxmrlabrietrading
Comments
awh2830
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The best coin there is and its not even close
TiMMiT
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following the path.
TiMMiT
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Still...
ff150111
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Monero will be hit by more de-listing and regulations so it will suffer in liquidity terms.

I don't see Monero as a great coin in the short term, i can see it doing well in future but not now.
UnknownUnicorn1432487
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@ff150111, these types of comments (fud) are written by either trolls, influencers or tradingview administration. be careful.
TraderT33
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@ff150111, Monero has already been hit with delistings and it's doing just fine.
Moreover atomic swaps are coming so regulators can try all they want, there will be liquidity streams (without middle men) ccs.getmonero.org/proposals/h4sh3d-atomic-swap-implementation.html
darkmode
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@ff150111, that will not only legitimize it for what it is but will also make it harder to find therefore more desirable
BackDownBear
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Yes Long of course, but will have to be way more than .006 btc to get to 1200. We’re experience a fakeout of support break. This beast will be .1 btc in no time
IvanLabrie
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@BackDownBear, long term BTCUSD can hit 187k relatively easily, I don't know if XMRUSD can exceed this target.
You23
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@IvanLabrie, XMR has 6% of the BTC transaction count but under 1% the price. XMR will have a great year, the deslisting fud is simply that
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