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MONERO and LITECOIN show consolidation with solid bottoms and increasing momentum. Good time for entering a position at a pull back. Stop loss, targets (yellow lines) and max targets as shown. Good luck.
Monero is walking the golden line once more. If Monero can stay above it we might see another push towards the top of the light blue channel (around 0.036). If it falls below I believe we could retest the bottom of the light blue channel (around 0.0137). Only time will tell.
Hello Lads and Ladies, Monero is since the beginning of the year in a channel between 0.024 and 0.030750. Looking back we see that as soon as XMR breaks the 0.024 support it bounces back up to 0.031 after a short move sideways pretty soon. As we are looking at the chart right now, XMR has just hit the crucial support line and either makes now the sideway move, or...
After a decent little pump, xmr corrected and is now going sideways. Volume seems weak. Gonna wait until price confirmation whether or not it decides to start going up. The bottom of xmr is somewhere down here. Whoever gets the best entry gets to win. Good luck.
so the xmr long was good. i also shorted the top but sold that quickly. thinking this will go half on the up candle. going long again but setting levels to buy again. monero will break out of the channel upwards most likely if btc plays ball. hope everyone took some profits. good luck.
we got a small dump with the bitmex problems affecting surrounding btc markets. net long from the bottom of this channel. lets see what she do. use stops if you are leveraging and keep the positions small enough to manage. gl.
Technical analysis: . MONERO/BITCOIN is in a Range Bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.0235 to 0.0224). if so, traders can set orders based on...
Technical analysis: . MONERO/BITCOIN is in a Range Bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.0235 to 0.0224). if so, traders can set orders based on...
Just a simple chart marketing some key levels of support and resistance
Basic idea for the formula: when the chart is bullish, best to hold XMR. When it's bearish, best to hold ZEC. Prediction: ZEC price doubles XMR in the next couple months.
Bullish divergence starting to hint at possible bottom for XMR. Wait for breakout of falling wedge and MACD flip to positive for confirmation of reversal.
In This chart we have found some resistance in over the line and now we are heading toward support line if we bounce back from the support line and break the resistance. you can play a trade there and keep an eye on the Volume Guys... We need some Volume before we break the resistance...