Looks like we had a pin bar reversal candle on the 19th with lower highes and my non repainting buy sell indicator setting was set to sensitive to detect and confirm a downward trend. We have a support level at 0.018000 this is where we will put our take profit
This is a similar set up to the XMRUSD chart I just posted, but the pattern has yet to properly define itself. In this instance, we would be looking for a break above/close above of the triangle consolidation pattern for a conservative long entry. TP on that long and also a perfect Short entry, will be at the D completion point of a confirmed bat...
I think that price of this coin is under pressure of bitcoin growth. And there is a strong possibility that after it the price will goes up. Risks on the graph.
Monero has a good performance in 2016. If price of xmr turn back to 0.01 it's a good opportunity for buying in dip. But with growth of btc, i don't think any dip here.
Long term XMR hodlr but short scalp opportunity in sight. Target box with tight stop above high. Stochastic collators div, possible double top, MACD rolling over, rising wedge pattern.
Monero has just hit centre of channel and some Fibonacci points. Could also copy a fractal pattern played out in 2015. But honestly I'm posting cause it looks pretty :D
Hi Traders - quick comparison between Ethereum Menro and Bitcoin against the Dollar. All three are displaying similar pattern of movement.
If it holds onto the 50 MA on the 30 minute chart, we should see some consolidation and a breakout by the end of the day.
If it breaks this 0.019 level, it falls down hard.
If we break this level, next target is 0.026
There could be a major upside to buying Monero now.
Whales got a lot of coins for less than 0.005 BTC, and now it's 300% higher. I think it's the last pump on this.
For those that didn't buy around 0.011, you can still enter the market. If we break about 0.015, that would be very bullish. We are having a nice break out after bottoming at 0.01 without clearly breaking the support trend line.
Flag Pattern that is very likely to reverse current trend. I think we might expect a rise even up to 15$ level.
This looks like a cup and handle with double bottom and rounded bottom. also the dash dump money is gonna have to go somewhere so Im long on XMR/Monero Check out my youtube channel for cryptocurrency trading videos www.youtube.com
Just playing around, I bought a bit of dash around 032 on the second trendline break, not the first. Checking my fibs targets from the dump youll see why. Also bought xmr 0109 at the wall that was there a day or two ago. Not much of a trade right now, in no mans land on both. I would buy the retests of support that just broke through and target the next support...