XMR BTC Consolidation is over!XMR is consolidating since September 2016.
With the hard fork of Vmonero we can see a huge up movement.
XMRBTC
Moonero For now, I think it has potential to pump more in next few days and good time to take profits for those who bought/longed it earlier. Will look at the charts on Monday after weekly close to evaluate/analyze if there is a good short setup possible for short term
If I ignore the volume and chart based on fractal and RSI, then the below chart also makes sense. However my thoughts on XMRBTC remains the same. Few more days of uptrend followed by a falling wedge or channel and then bounce from support levels.
Long term I am super bullish on Monero considering FA and TA.
Adam and Eve Forming for Monero (XMR)Watching this pattern here. A/E forming and looks as though its just about to the neckline (~$340). In addition to the pattern formation, XMR vs BTC just broke out of a triangular consolidation (waiting on a daily close above upper resistance to confirm). I looked at these charts before realizing there is also a XMR fork proposed for the near future which could also drive the price up some. Keep an eye out. For now, it looks like a decent start to a long.
*not investment advice, merely observations.
XMR gains leading up to forkXMR is due to fork into XVR on 14th of March, I will be following this but have bought in at 288k Satoshi's...
The break upwards out of the wedge should see some nice gains.
XMR/BTC Long - Buy the triangle breakout & ride to local highXMR forming a symmetrical triangle on the daily time frame. Buy the breakout - targets at local high, which is also equidistant to the height of the triangle. Potentially set a second target higher - much higher - since XMR didn't pump last alt season and - so I've heard - price action for privacy coins tends to lag behind the others.
Monero big trendline test incomingInteresting spot approaching for Monero... might grab a small position if it bounces
BTC USD hold longHi friends as you can see Im publish H 1 but if you hodl long it is right strategy . Of H1 chart you can see if the move UP will go on or not . For move UP must to close candle above line or rezistance level .
In case will closed stil hige and higer hold it . Closing above 11500 will call move to 14xxxx
Monero Support LevelsThe global pattern on XMRBTC stays bullish. The pair trades in the 23.6% - 36.8% Fibonacci zone of the global uptrend, above the 100-days EMA.
Despite the price decrease throughout the day, apparently caused by the Bitcoin upward impulse (BTCUSD went upwards today, breaking above the 10000.0 level), the bias stays bullish, as the price stays above previous day lows.
Closest support levels are local and global Angle Support lines and 0.0275 level. From the upside, the price will meet 23.6% Fibonacci level (0.0293) and 0.03 resistances.
Overall prediction on 24 hours - rebound from support levels and upward impulse.
XMRBTC ChannelXMRBTC global picture is bullish, the price stays in the 23.6% - 36.8% Fibonacci zone of the global uptrend, above the 100-days EMA.
The pair established a trading channel 0.028 – 0.029 during the last day.
Closest support levels are local and global Angle Support lines and 0.0275 level. From the upside, the price will meet 23.6% Fibonacci level (0.0293) and 0.03 resistances.
Overall prediction for 24 hours – Trading inside the channel or descent to the Angle support levels.
Support Becomes Resistance For XMRA perfect example of support becoming resistance after breaking, for XMRBTC XMRBTC
Monero bounces off Angle SupportXMRBTC pair is trading in the bullish pattern for a long time. Monero was not much wounded by the Bitcoin fall at the beginning of 2018. The tendency of buying Monero on the Angle Support boundary stays popular. As soon as pair lowers tot he Angle Support line, the volumes are rising, and the pair goes up.
From the upside, we have 0.03 resistance level and January high of 0.032 as resistances. The last rebound was from the 0.029 level, which coincides with the 23.6 Fibonacci level of the global uptrend.
A possible scenario is slow plunge lower, to the Angle Line and then testing of the 0.3 resistance.
Bull flag or Ascending triangle?Either way i'm extremely bullish on XMR
Monero has always been a great asset to hide money from anybody on earth and i think people will keep using it for this wonderful reason.
So this trade is very simple, we're talking about a 230% increase (risk/reward ratio completely insane)
Entry should be around 0.027-8
First target around 0.05
Second target 0.09
Stop loss is at 0.026, because lower than that could mean a retest of 0.019
We are consolidating high with low volume so when the buying volume starts increasing the trade will be confirmed.
MONERO CHART UPDATE FOR MoneroV Airdrop (LOW RISK)Monero will most likely see a positive price increase upwards to our first target with resistance. If we confidently break that target, then I'll update you with further targets, otherwise just refer yourselves to our previous chart located below.
High Risk investors do not need stop losses on here.
Distribution ratio is 1:10 MoneroV - for each Monero you hold, you'll get 10 MoneroV
Not putting any exchanges on here that will support this airdrop just yet - but will update my members first when this info becomes available and then post it below in update section.
Currently not in this trade but we looking at joining in after ZCL and ETC airdrops.
Best of luck to you guys and thank you for your support in form of LIKES!!!!
Do not invest what you can't afford to lose! We are not your financial advisors!
