Midterm forecast: While the price is above the support 0.01185, beginning of uptrend is expected. We make sure when the resistance at 0.01395 breaks. If the support at 0.01185 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. Price is...
RED ARROW indicates the EXPECTED Time and Targets Level Stoploss point up to maximize profit and reduce risk I'm working all the time, even in Bearish Market
XMR continues to consolidate on strong support and possible move higher before fork in March looking more and more likely Thanks guys!
Technical analysis: . Monero/Bitcoin 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 49. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.01279700 to 0.01210440). if so, traders can set orders based on...
XMR viene desde hace varios días y semanas corriendo en un canal muy amplio en lo que parece una etapa de acumulación. Ya días atrás, nos dio un buen rendimiento en un trade a corto plazo. Parece que va a seguir el mismo patrón. Si llegara a fallar parece que seguirá el canal y eventualmente podemos recuperarnos o bien hacer otra compra más baja promediando...
Weekly 200 EMA hold the price. Price breaks the Triangle and going to re-test the upper trend line.
Both USD and BTC price reaching areas of possible reversal on long-term weekly charts. Posed for potential breakouts at the bottoms of downwards wedges in both charts. Bullish divergence has appeared for the last two lows on both MACDs. RSI is not showing bullish divergence but has recently touched and rebounded slightly from oversold areas, also posed to...
Green - buy. Red - sell. I do not recommend using this chart for margin trading. It's not a financial advice. Trade carefully and good luck!
Hello, in this post I will share boh my Analysis and Strategy on XMR/BTC (Monero). Monero is the top 13 coins in terms of marketcap, used to be in the top 8, lost 90% in value since last ATH, and is I believe undervalued right now. This said Monero's price is indexed on Bitcoin, and tends to behave nicely when Bitcoin shows some green. So this might be wise to...
hello guys, as per analysis we found symmetrical triangle and can be traded for profit. We drawn some targets as per pattern and resistance. trader can trade now inside patttern but for safe trade wait for pattern breakout. We will update the chart as per changes. Stop loss recommended
Maybe this is an ending triangle? RSI has come to life breaking through 40 and holding on a couple tests setting up this price triangle. ADX is reset and ready for a new trend. Is this the end of the bear for XMRBTC?