xmr has touched the bottom channel and find supports on the 50 moving average.
looking at my other xmr charts and and an area of resistance i previously highlighted in both has proven difficult to break past.
the btc pair now looks to be breaking that resistance and that alongside the usd pair in its position im bullish and ask are we going to see a merry xmas $800 xmr?
the way things are going in the world privacy coins will have their spotlight eventually
cbdcs and the war on crypto, public ledger and the irs - think about it? privacy is the way forward, its just waiting for the masses to catch on
OMXSTO:XMR too expensive? look for privacy-alts like prcy
...same as btc in 2017, retail simply moved into other coins
I forgot to move the Fib retracement.
There is correspondence between the MA3 147 Day MA and 78% Fib retracement @ 0.006412
Lets see if it hits and bounces???
Peace and love and spicey rum.
Happy Sailing Privacy Pirates.
F.Society, F.Banksters, F.Politicians
Get ready to buy the dip
My buy zones are between 0.0064 and 0.0078. I'm looking for a green Ichimoku Cloud swinging chop before momentum builds again for the next rip.
XMR had a nice rip up to over 0.009548! Who'd a thunk it!
But the next target is 0.01.
The importance of privacy is catching on. And XMR is the OG in this space in terms of privacy. It has gone...
Monero KRAKEN:XMRUSD continues to outperform the other major cryptocurrencies through this crypto bear market cycle. Last week Monero entered a bullish trend when both price and Momentum (Lagging Span/Chikou) closed above the Daily Ichimoku cloud. This is the confirmation of a new bull trend starting. Momentum has since gotten back inside the cloud but over...
Even though XMR has shown short-term weakness against some coins in the privacy vertical they still have a way to go before they can challenge XMR's long-established upward channel against them.
I expect oscillation along the channel and would be surprised if they venture into the blue bands. Provided no fundamental change takes place any venture into the blue...
Saturday 19th November 2022
Welcome back XMR Bulls. XMR is on a bit of a tear at the moment, having broken above the red dotted trend line forming a nice hammer candle, Green 2 on the TD count.
XMR peaked at 0.008055 so far this week. If it does stay above and closes the week out above the trend line, we could see a few more weeks of positive action out of XMR,...
27th October 2022
a red 2 candle has been painted on the weekly. Let's see where it closes at the end of the week.
But this could be the beginning of the pull back.If this does get perfected, there could be another 7 weeks of downside.
So, I am anticipating a bottom developing around the 12th December 2022, which is where the Ichimoku Cloud has flipped from red...
27th October 2022
ARRR me hearty's.
ARRR has crossed below the 2000 Satoshi's.
It is on a red TD 5 count on the weekly. Let's see how it closes out later this week.
If the TD count is to be perfected, rough bottom could be hit around the 21st November 2022.
It is currently in the OTE zone I have drawn, 1998 to 1918 Satoshi's.
But going off the Bollinger...
I am sure that someone could point out some obscure POOPCOIN with a price of 0.00000000000001337 that has had some meteoric rise recently but among the BLUE CHIP cryptocurrencies that are well established, well capitalized, and have proven use cases Monero BITFINEX:XMRUSD continues to outperform both Bitcoin BITFINEX:XMRBTC and Ethereum BINANCE:XMRETH for...
The reasons because I took a decent position in Monero are the following:
1 never before in history has privacy been under attack globally
2 people need privacy not only if they are evil (they need it especially if they are good intentioned ;o)
3 monero has some interesting protocol upgrade coming, that will make it more private and more scalable
4 xmr has been...
Friday 8th April 2022
Monertopia kicks off this week
Monero has been moving higher
Monero punched through the Upper Orange Bollinger Band, last month on the 7th.
She has broken out of the yellow triangle I drew, on a strong looking TD 7 green candle.
But previous to that, she has not gone passed it since 19th April to 20th May 2021, 1 year ago.
As the title states, we are at an huge RSI cross for ZEC .
My position: T194.47, encompassing 50% of allotted, available trade capital for margin ZEC trades today.
Remaining 50% of capital will be placed either directly back T194.47, or I will wait for an eventual drop to the T189.97 level.
Let's do this.
A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
Digital signatures provide part of the solution, but the main
benefits are lost if a trusted third party is still required to prevent double-spending.
We propose a solution to the...
1 pirate chain is 1 pirate chain for me, I feel guilty doing a technical for a USDT pair
anyway, a huge break out from the channel is coming IMO, any price above $1.80 does that!
It gone be HUGE
don't be a paper hand on this one!