Break out with nice volume would be juicy.
Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. I'll keep this one a little short and sweet. There is potential that XMR has bottomed out but with the overall sentiment of the market, it wouldn't surprise me to see one more push down before recovery. Don't get me wrong, these...
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monero massive head and shoulders formation. if bitcoin heads to 1800$ we could see this coin bottom out. i don't think the bears are done just yet.
XMRBTC situated into a big big falling wedge which is a reversal pattern. What is the most important XMR have SMA monthly support which is insane strong :) Stochastic is oversold RSI curbating up now is below neutral zone MACD probably will curbate up soon because to remain bullish in long term we need to hit neutral zone(0) and go up
Monero just received some huge volume supporting price growth. It means it will grow more. Either from where it is now or after pullback for rebuy zone at 123-125. Target 145. SL below 124 (maybe below 122 for safer trade).
Details on Chart. Buying: 0.0125 BTC Target 1: 0.0175 BTC (~ +40%) Target 2: 0.0210 BTC (~ +65%) Stop: ~0.0110 BTC (~ -12%) Let's see what happens. Happy trading. :-)
Buy After Successfully Breakout Monero and then you can see Bounce back in price. You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Look, here it is being alive like it's many crypto lifetimes ago! Totally forgot this old-boy existed, let alone still had the ability to hold a pulse.
My next epic TA.. Just tell me why no profit with Monero? Some events comming too.. Buy XMR, hold, make profit, or just hodl it if you want, its one of top coins in good dip.. ...
#XMR Monero has given point C for a possible Butterfly Pattern (purple) that plays stronger than formed triangle (blue), good for #long. Dropping below 88.6% retracement fib. bookmarked at red will invalidate pattern, so it's a good area to place stop-loss. After reaching Point D we should see a reversal and the possibility to #short. TP (Take Profit) on the short...
Lets see how this rolls out, XMR looks promising for a quick skim around here - I predict it will bounce off the 200MA but if it breaks through it could be even better. RSI signaling oversold on daily and hourly - while showing bullish flags.
AB= CD + price bouncing off long term support.
You can LONG , SHORT as Channel Formations. Trade Carefully !! Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
On 50 dollars which is an excellent support level, most practical crypto currency, bottom of xmr/btc range, general over bearishness in market {still possible to go lower ofc}, good risk to reward so don't have to be right all the time to be profitable, criticism welcome