Interesting data. This pair has been bleeding for months and suddenly it rebounds with some SERIOUS volume! I haven't seen anything like this. This is a great sign for Monero I think. A lot of people made a LOT of money off of Ethereum the past couple years. Naturally, when you make money your next goal (after the hookers/cocaine honeymoon period wears off) is...
Monero fibonacci spiral, looks like a buy Golden cross can be seen Price can be seen in green box to climb the fib spiral
Bearish rising wedge breakout. Looking for a nice double bottom to form.
Technical analysis: . MONERO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.3150 to 0.2940). if so, traders can set orders based on Price...
Technical analysis: . MONERO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.3173 to 0.2814). if so, traders can set orders based on Price...
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend. Technical analysis: . The price is above the 21-Day WEMA which acts as a dynamic support. . Relative strength index ( RSI ) is 55. New trading suggestion: *The price is in a range bound and we forecast the uptrend would resume....
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend. Technical analysis: . The price is above the 21-Day WEMA which acts as a dynamic support. . Relative strength index ( RSI ) is 55. New trading suggestion: *The price is in a range bound and we forecast the uptrend would resume....
Technical analysis: . MONERO/DOLLAR 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. . The RSI is at 56. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.283 to 0.227). if so, traders can set orders based on Price Action and...
Technical analysis: . MONERO/DOLLAR 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. . The RSI is at 56. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.283 to 0.227). if so, traders can set orders based on Price Action and...
XMR making a similar albeit not exact pattern to November of 2017. The leading indicator I am looking at is the leveling price on the 0 fib level + the bullish divergence in RSI. As you can see in November/December of 2017 XMR rose all the way to the 78.6% fib level before taking a break and then making another move upwards towards the 161.8% level. I don't think...
Long term bullish on XMR/ETH pair. Triangle forming. Currently at fibb level support.
Technical analysis: MONERO/ETHEREUM is in an Up Trend and Continuation of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 70. Trading suggestion: The price is in an up trend and we forecast, the uptrend will continue. But there is possibility of temporary retracement to suggested support zone (0.283...
Swing trading opportunity possibly. XMR looks to be tumbling (as everything is). Could get in a nice position to get a nice return.