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📌 XMR /USDT - WEEKLY Tme-Frame - Heiken Ashi
📌 Fibonacci Channel - CUP and CANDLE Pattern - Cycles
📍MONERO / USDT is looking so bullish based on its possible cup and candle pattern along with cycles it has made
📍Monero is a privacy coin which is one of favorite of those who value their privacy and...
(a) Chart Overview
> XMR/BTC - DAILY CHART - BINANCE
(b) Analysis
The descending triangle is usually a bearish sign however a fake-out is a strong possibility considering these factors:
Fundametals
> Monero's privacy USP is highly valuable for two main reasons, 1: To avoid discrimination and 2: To maximize security.
> Monero most recently (July 23rd) hit it's...
- It is a right time to buy Monero, because of the cup and handle formation!
- Target is 1:1 fib trend-based extension - in next leg up, so be prepared.
- RSI is ready for a pump and once we reach all time high, we should accelerate in speed.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR...
There have been so many bullish developments on Secret Network lately I don't know where to start. Most recently a bridge was made to Monero allowing XMR holders to participate in private DeFi for the first time on their SecretSwap DEX. Upcoming Terra bridge + IBC transfers to link SCRT to the rest of the bustling Cosmos ecosystem, alongside a major mainnet...
Very bullish from this tweet:
"COMIT just got finished building out the initial protocol for atomic swaps, a trustless way to swap between #Bitcoin and #Monero, and now a Monero dev just built out a trustless, decentralized way to "pool mine" Exploding head" -@sethforprivacy
See chart. MACD looks very healthy.
monero showed a mild bear divergence at ath and price corrected off of it.
price now finds itself consolidating mid channel in a resistive patch however price is supported by a HVN and the trend is up
The train is leaving for Monero (XRMBTC).
This is one of the strongest projects with lots of backing from all across thanks to its privacy features.
Monero is King and now we have a strongly bullish chart.
Prices have gone above EMA300/200 with momentum building up... As we move above MA200, we can see faster and stronger growth.
The next target is marked on...
XMR has just rejected from 300$ zone and is coming back to 260$ zone then it could move towards 300$ zone again to conquer this zone to pump strongly up to 340$, 420$ and 500$ zones in this October and November. But if it loses 260$ zone, we will consider buying it back at 220$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 260$ zone
🔴Buy : 260
🔴Sell : 300 -...
Privacy is totally undervalued in todays market. Monero is tried and proven and worth of an adequate valuation. Specially over projects with dubios fundamentals like mobilecoin - what i consider to be a shitcoin.
Monero has recently broke above a key resistance level & closed above the level on the Daily Timeframe .
A small pullback & retest of the key resistance around the 275 price mark has happened & is currently in accumulation.
RSI on the Daily Timeframe is 57.28, indicating an uptrend whilst still having lots of room before entering overbought territory.
The price...
XMR to $800+ in the cards
www.thinkmarkets.com
contiuation of decrease in volume as channel trend lines converge confirms pattern.
Usage metrics bullish as ever. XMR is long overdue for a real pump imo.
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
The touch points in blue to help determine the arc.
If it stays in the arc and goes break through the yellow and blue horizontal line it can potentially going to $400 or more above by the end the year.
Provided there's no crash or big correction in the stock market.
see chart
The horizontal rays are TP.
It is not an elliot wave.
Potential retests , bull divergence, cup and handle, respected trendlines
November 1 is a must watch!!
