XMR Monero, a privacy coin, still looking bullish on 2h, 7h and 3 days timeframes.
Here are the signals:
Buy and Sell Signal forecast on 3 timeframes:
Buy on 2 hour chart
Buy on 7h chart
Buy on 3 days chart
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave...
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While the price is above the support 26.05, beginning of uptrend is expected.
We make sure when the resistance at 68.20 breaks.
If the support at 26.05 is broken, the short-term forecast -beginning of uptrend- will be invalid.
A peak is formed in daily chart at 67.79 on 05/18/2020, so more losses to support(s) 60.05,...
The formation of Wedge:
On the long term weekly chart the Monero has started the formation of a wedge pattern. Since then it has been nicely hitting the support and resistance levels of this wedge pattern. At this time it can be easily observed that after the drop of March 2020 even though the price action has hit the spike beyond the support but finally it is...
. There is a possibility of temporary retracement to suggested support line (60.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. XMRUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
In my previous post of Monero with Bitcoin pair we have seen that on 3 hour based chart the XMR with Bitcoin pair was forming bullish BAT then finally as per prediction the priceline entered in buying zone and and hit the sell targets.
Formation of new Shark...
Hi friends hope you are well, Since Jan 2020 the Bollinger bands on month chart is getting squeezed and priceline was moving sideways indicating that the price action might have found a support here. After recent bearish move the priceline has 1st time hit the lowerbands of Bollinger bands and turning bullish now we can expect after this bounce the price action...
Hi Folks hope you are well, this bearish trend is helping many tokens and cryptocurrencies to complete their finals bearish legs to form bullish patterns and Monero (XMR) is also one of them. On 2 day chart the XMR has formed bullish Crab pattern, even though the price action has hit the spike in PRZ level and pulled back but I am expecting that due to this...
Hi friends hope you are well, on 2 day chart the Monero (XMR) Coin has formed bullish BAT pattern and entered in potential reversal zone to move up.
Lest’s dig the pattern deeper to see how perfect this pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to...
Hi friends hope you are well, here I have found another profit potential trading idea for you and this time Monero (XMR) has formed bullish BAT pattern and entered in potential reversal zone and ready for bullish reversal soon.
Let’s examine how perfect this pattern is:
After initial leg (X to A) the A to B leg is retraced...