Traders, Here we have XMR/USD 4H chart. By looking at this chart we have a complete AB=CD pattern that will short this chart for awhile before the determined hard fork. C-D bull trend breaking down will be confirmed next few hours and we will dive for few days to recover the bull trend again before the airdrop snap Regards, Mohsen
Within the space of two months, Moero has managed to fall into 2 troughs and climb its way out. This is evident from the inverted head and shoulders in early February. and subsequent stability, thereafter. It seems as if Monero really does depend on seasonality of crop. The markets might shift down or up but it has its group of loyal supporters. I see Monero...
Monero as an alt coin its price in terms of USD is highly correlated with BTC/USD. Generally I see Monero reaching the top at around 20-25 of December. With a bullish btc resistance at 500+ is the target and with a bearish btc the price can fluctuate. No matter what, the XMR/BTC ratio will maximise at the around 20-25 of December.
Watching this pattern here. A/E forming and looks as though its just about to the neckline (~$340). In addition to the pattern formation, XMR vs BTC just broke out of a triangular consolidation (waiting on a daily close above upper resistance to confirm). I looked at these charts before realizing there is also a XMR fork proposed for the near future which could...
Traders, Here we have XMR/USD 4H chart. Before hard fork of XMR. We have Bearish AB=CD pattern that mean the price will lead us to 330 levels and then going down for awhile to touch the 0.618 Level and then sky rocket before launching the hard fork. Note: All Monero holders as of block 1529810 will be owners of MoneroV. Regards, Mohsen
Monero will most likely see a positive price increase upwards to our first target with resistance. If we confidently break that target, then I'll update you with further targets, otherwise just refer yourselves to our previous chart located below. High Risk investors do not need stop losses on here. Distribution ratio is 1:10 MoneroV - for each Monero you hold,...
Ok, guys! I can see the real opportunity here and it tells me that the BULL is strong and won't let the candlestick break this perfectly formed corridor to heaven. Is this the road up to 400$? MA (100,50,30,9) intersection confirms strong BULL! RSI tells us nothing at this stage. Concerning the fundamentals. "Always apply both technical and fundamental analysis" -...
There are two channels, I think that from the white channel will go into black and touch the zone of the target
Traders, Here we have XMR/USD on the 4 Hour chart. XMR has been in an up move for some time. Price has been making higher highs, most recently at 280. Price had an initial low at 150. Price looks strong and expecting to see the highs soon. I am expecting XMR to continue with the current upside momentum, and I am expecting a move to at Golden level fib...
not much to say monero looks very bullish 1st target - 0.031213 2nd target - 0.031213 stop loss - 0.027545
XMRUSD Great Buy set up forming On the daily chart XMRUSD has Rallied strongly for Nov to Mid Jan. Its then pulled back to its 200 EMA (The Green Line) and bounces back to trend. It has made solid progress up again and has just broken through its 50 EMA (The Red Line) and the 284.44 Horizontal level. It is now Retesting the 50EMA, and level from above. This is a...
Monero is a great coin and it seems to have formed a double bottom (red lines) and a inverse H&S. EMA lines are turning bull with 50 crossing over 100 and soon the 200 on 2hr frame. It should go to the first target before February 17th Targets 320 Based on the W bottom 350 Based on the H&S Stop loss 245-240max
Monero move sold off from a high of $477 on Dec. 20, 2017 to a low of $151.54 on Feb. 6 2018 in what can be described as a WXY Elliot wave structure. This 3 wave move should be followed by another 3 wave move upwards or the start of an impulsive move upwards that can see Monero move past its old price high of $477. POI = Point of invalidation at which price...
Monero is tracking closely BTC USD at this point, with a exadurated peaks and troughs compared with BTC. Looking at the 1 day candles, I can see a bear flag, in Oracle, however, looking at the 4 hour chart, the Inverted Head and Shoulders Platten looks to be playing out here also, as predicted by MagicPoopCannon on several charts. Very new to TA myself, but MPC...
Monero. The most anonymous cryptocurrency in the market. The XMR-token has been in an uptrend for several months now. but that's about to change as of now... 1. the 5-way uptrend is very well known bullish movement. the fifth bull move is the biggest as we can see on the chart. most of the times if we see this pattern, it's followed by an ABC downtrend. (a...
BTC IS A GOOD LEADING INDICATOR FOR UPMOVES,CONCURRRENT WITH DOWNMOVES XMR BROKE THROUGH 4X1 BUT WONT ADVANCE IF BTC FALLS, AND I THINK IT WILL DANIEL BRUNO, CHARTERED MARKET TECHNICIAN MANAGING MONEY? GET IN TOUCH.
Expect Monero to retrace in towards the 350 level, then start the 3rd ave up above 450. It looks like the big funds have partly rotated into Monero for the time being.