INTERPRETATION
This 2018 year begins the official clash between alt coins against BTC, ETH, LTC, and +/- BCH. Many companies have openly flexed projects that intend to upset and replace the reigning kings. The themes this year will likely to be platforms and privacy coins. Within the realm of decentralized privacy coins, KRAKEN:XMRUSD sits comfortably as one of...
The blue line just crossed the pink & orange & the yellow at bottom this indicates the rise of the coin .
These are particular EMA's
Entry Target - 284
Take profits - 290 ( very short term)
I will be keeping my eyes on Monera as I can see a good opportunity to come. If it brakes the resistence at 0.0300 (which is also fib 0.786 level) and pass by 0.0305 it will be a good position to buy (if the potential remains). Even safer would be buying after the return bounce from 0.0325 and 0.0305 levels but I think it will be easily beaten as holders should...
#Litecoin just broke out and is looking very strong.. if we gonna close here, Fibonacci extension 8 is likely to hit - around 500% .. why? cuz its is looking like $LTC is following the path of $DASH + $XMR ..
Monero has been on an overall uptrend since November. It is now moving within what seems an ascending channel, and very recently it has touched what can be the bottom of that channel judging by the bullish engulfing pattern in the last day's candle. If so, we can expect the price to rebound slowly back up towards the top of the channel.
The MACD is also showing...
XMR looks like it found a solid support but its not ready to go yet. it will probably come near it again , form a double bottom and rocket up for at least 6% gains
The price is moving in a rising channel, up and down, there are two possibilities, the first is to breach the falling trend line coming from an earlier peak at almost 0.0305 BTC
Bringing the price to a high of the ascending channel at almost 0.038 BTC
The second possibility is that the price will bounce back and form a new bottom on the ascending channel around...
Watching this one closely. Wondering if stage 4 has been expedited this cycle. Hoping for a BTC move to push price further down to accumulate a little more before stage 5 kicks off. If price gets above stage 4 high before another drop, should be validation stage 5 has started.
Trading Analysis:
MONERO is in Range bound but Resumption of uptrend is expected.
In DAILY chart , A hammer pattern is formed which is the first sign of the beginning Ascending wave.
The price touched the strong uptrend line in Daily Chart . It is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 48 and above a RSI support level.
...
It was hammered by BTC pressure, but now it looks like it's easily crossed back into the tip of that long-term support of a daily triangle and is breaking out of the daily and 4h triangle soon. Could rocket again but all the other alts are also getting attention. I've been suspicious about XMR moving quickly close to any BTC events. Probably just a coincidence but...
Hi my friends!
XMR has an uptrend. He has the same trend for several days. XMR is a good trade.
We have the possibility to make 160% - Short/Medium term
Buy: 0.015 - 0.019
Sell: 0.034 - 0.04
Add me on telegram and I will tell you when buy : web.telegram.org
Follow me on Trading view and Telegram.
I like reading your comment!
Together we are stronger and more...
![XMRBTC: Monero (XMR) - Value That Can Mirror LTC or BCH [Feb2018]](https://s3.tradingview.com/r/rrYFl5af_mid.png "Monero (XMR) - Value That Can Mirror LTC or BCH [Feb2018]")
