This is a highly risky trade because; sell volumes are still high and it can do a huge spike to 0.01256 So bottom could still be far from here Trade at your own risk. TA is clearly on chart. Any questions be sure to let me know.
The four differently colored areas would appear to constitute a sequence that is repeated. possible movement at the top on the way?
I tried to see if the trend of XMR could be represented by sine waves, which reduce their period and amplitude at each contact or approaching the edges of the two triangles in which I have confined the graph. Comparing the net flow, volume and MACD, I have noticed a reduction in the approach to the summit of the triangles, in particular the smaller one. This...
Reasons for long: bounce of the 50%, macd bull divs in descending wedge suggesting bottom soon, 70 period stoch >0.5, fast stoch crossing 0.2 up, wilfix bottom, adx increasing, oversold on rsi, trend line hit for ramp up, volume dropping off - looking for spike, squieze indicator showing near bottom, support from 200 ema, all hitting strong support at 140-150 we...
Demonstrated here, we see Monero's tendency to make 76.4%, 61.8%, and 50% retracements from the tops. After a tremendous rally, this scenario assumes that the move under the 0.0185 BTC level has signaled the end of the rally and the start of a trend reversal. Drawing a fibbonaci retracement from the all time low to the high at .0185 BTC shows the the 1.272 level...
XMR has recently had a bit of a correction on its absolutely massive price increase and has reached another wave bottom. There was very strong support at 145, the price bounced back and it would appear that the momentum has turned back to the upside. We're at the beginning over another wave in this absolutely ginormous flag formation starting from the initial...
It would appear XMR has found bottom and is pushing back. Should it break this long standing trend line I would expect to see it push up through 1700 again.
With the fall of ETH (with will go to at least 1900 before go up again) and Monero new bullish trend, we will see it going moony. Open Long: 0.01530 Will take profits at: 0.01708 Stop limit at: 0.01500 Trade at your own risk. Last time a called short on XMR too early and got out with little loss but manage to get a top after. This time could be the same, this...
Temporal bottom has been found and correction it's coming, i think this can extend beyond 0.016 if proper volume comes along with pump, confirming secondary target. Stop loss 0.015 Primary target 0.016 Secondary 0.017 Be careful on this trade Traps are bound to be found it could wick out below 0.015
As this is my first chart i want to map the correlation between FCT and XMR's hype with the chinese BTC spot market at OKCoin. As you can see the DNM market announcements gave XMR a very huge boom, the retracement isn't done yet - regardless to BTCs price we will have a decrease, with some smaller spikes. In the same time FCT made nearly similar moves, in the...
All details at chart. Watch 100 and 200ema at daily. Bullish targets for inv HS around 53-58 satoshis. Watch Doge at devcon2 ethereumfoundation.org
This is a match I found after removing all of my drawings and looking for a new one. It seems to be acting it out near perfectly, enough that I've made some trades on very small movement just based on the fractal.
After ETH did crazy increase. It sort of deflated. Then increased a bit again, but never reached new ATH. Now this excact movement could be playing out in XMR. But tbh. it just may not. XMR may just go further down. Anyway, will be interesting to follow i guess. Have a nice day.
My last idea was definitely a bit early, the price has had some interesting times in the last couple days. Unfortunately got trapped in a short at 170, definitely was not expecting such a rapid market shift. The 100+ BTC buy that sent the price rising over 10% was definitely not anticipated. So now we must play this new field, which is actually not looking bad....
Bullish look at XMR, looks like it may have pivoted at ~0.0161. Site Note: If you want to use alerts as triggers for buy/sell on Poloniex, we're doing just that. CryptoView
Monero has recently seen a few tumultuous weeks of trading and looks to finally be on the back side of this event. Looks to be consolidating some and trying to find a floor. All indicators are lining up towards a nice short position in the 4h chart. The price has resisted crossing the downward trend since the ATH a few days ago, and finally rolled over. There...