LONG - XMR - Trading OpportunityHuge bullish divergence on XMRBTC, while at the same time bouncing from a strong support and entering the 4h cloud once again, now that the MA50 and Kijun have been reclaimed, a sure bounce and possible kumo breakout is in action here.
Entry: 0.006778
Target 1: 0.007282
Target 2: 0.007660
SL: 0.006571
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XMRBTC
Is Monero ready to break the two years downtrend?Accumulation setup with MFI bullish divergences on a weekly chart.
XMR/USDT - a bull takeoverReason for the purchase:
- takeover.
- Stop Loss for level hiding.
- Averages moving on a smaller timeframe are directed to the longitude.
Before using my ideas, make your prediction.
of a successful trade;
$XMR : Back in the game ?Ascending triangle
Looking strong when $BTC move
Due to BTC volatility, we just play the break
Not a financial Advice
$XMR first and second target depending on BB and fibonacci levelLower bollinger band tested a few times on $XMRBTC and last bar might be representing signs of recover. Good RR ratio and two essential targets are available.
XMR / My (biased) review of Monero (XMR) - HODL!This is not trade advice.
I am completely biased.
I started mining monero 1-2 months ago, actually after a virus infected my computer with an XMR miner and it led me to investigate it!
Crazy story but I fell in love with this coin. It has EVERYTHING i believe a cryptocurrency should be.
Key points on this video:
xmr
- history
live since 2014
10x potential from where we are now
compare to btc we are 2x from its peak
- whitepaper
xmr is the "anonymous cryptocurrency"
untrackable, untraceable by design
tx fees are low (lower than eg XRP)
tx speeds are high (much higher than BTC!)
security is bulletproof
- decentralized
cpu mined, asic resistant (everyone can mine)
as monero is growing - it is becoming MORE decentralized (many other coins incl BTC are becoming MORE centralized)
51% attack "immunity"
adds to its anonymity and untraceability
- usage
replace XRP for cross-border payments (lower TX fees, faster TX speed)
>> XRP has ripple company behind it doing bizdev, XMR is community controlled
anonymous store of value
anonymous payments
privacy and security #1 coin
blockchain (cryptonight) lead developer for all other cn-based coins
- value
has held value better than other coins
great mining community
mining pools that mine other coins when xmr value dips below them in hashrate/ratio, to continually pump xmr value
dropped less than most other coins including btc in march crash
was not premined (bitcoin, litecoin, monero, dogecoin are only major coins that were not premined)
- mining
block reward dynamic
block size dynamic
difficulty adjust every block
XMRBTC Monero BTC pairMy first look at XMRBTC and like it's USD pair it is in trouble. In a longterm descending widening wedge, sitting on a 9 month old support line, having formed a clear Heads and shoulders and was rejected by the ichi cloud and the wedge resistance.
Only redeeming features is that the daily RSI is oversold and there are bullish divergences on the 4H RSI, which can mean a bounce.
XMR/XBT is repelled by a flat support for the second timeEarlier this morning at 06:00 EDT, KRAKEN:XMRXBT bounced off of a flat support line at around 0.00702 XBT driven by a quick reduction in the bitcoin/fiat exchange rate. While the exchange rate of bitcoin to fiat is declining presently, the upcoming halving is still around eight days away (as of this current moment). As such, it is reasonable to expect that the current drop in the exchange rate of bitcoin to fiat to be short lived. Historically speaking, the time prior to a block reward halving has (at least in the case of bitcoin) seen a run up in the exchange rate for the month prior to the often-over-reported event.
Typically, when one of the high cap cryptocurrencies undergoes a dramatic upward move, the alternative coin markets decline (as both traders and algorithms around the world sell other assets to rush in and experience the thrill of the FOMO). This is the very force that has driven the exchange rates of assets like XMR down in recent days. All of this having been said, however, these larger trends inevitably take occasional breaks for a natural consolidation period (which is what we are seeing right now with XMR). It is in this moment that traders can snatch up a couple percent from the (short-lived) recovery before bitcoin resumes it's march ever higher toward the next halving.
Monero Stablizing? (XMR)Been updating on this one specifically based on the fact it's one of the best privacy coins out with a more serious market cap.
Monthly still holding the potential compression for a return to the upside.
Long term hold I like it.
We need the Crossover to the upside next for next long term confirmation.
Cryptocurrency is brewing up a storm.
XMRBTC flips resistance to supportXMRBTC compressed for 9 days under the resistance, and now broke it and it flips into support.
Could start the third sub-wave of 3 main Elliot's wave with nice Risk Reward.
Beautiful Trade Opportunities for Monero in Ascending ChannelMonero is in a beautiful ascending channel here. We can see the price oscillating very heavily at the moment. Such volatility is fantastic for traders who want to get several or more scalps in.
You can trade a long position every time the price gets near the bottom support line, which will give you a great risk reward given the overall bullish trend of this channel.
On each trade you can aim to get around 1-1.5% profit, and repeat as often as you can until the pattern gets invalidated.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
XMR - More upside coming?One of the few crypto projects I like and I think doesn't look bad on HTF.
XMRUSD pair laying on the support trying to move higher - XMRBTC pair formed some sort of rounded bottom on monthly (I'd prefer to long this pair if to choose out of 2).
But before trade this, I'd like to see that it will be able to reclaim resistance (red area) first.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Monero heavy resistance- Daily resistance @8054 satoshi was hit
- Weekly resistance (since 04/2018) also hit @8054
- Possible Head and Shoulder pattern forming
Targets:
1. 7179 (daily)
2. 6266 (weekly)
Support and Resistance Based Trade Set-Up for XMR/BTCHey all, here’s another entry on my tradingview series called 'Quick Updates'.
In the chart you can find a nice and clean trade set-up based on support and resistance
--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
If you want to learn more about how to place your limit orders including entry, stop-loss and take-profit, check out:
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
XMRBTC tecnicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 XMRBTC technicaly based idea, we can see price is bounce from FIBO 0.6 which is in many cases strong support, candels formation good bearish, exepcting hihger bearish market continuation possible till last trend line will update with time.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
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All best, good luck!






















