Monero has a big fundamental for the next year, which until halving will have a less inflation coin emission than bitcoin.
People will start noticing and more importantly the supply will push lower hopefully giving demand more power to push price up.
Use stops, be safe.
Priceline of Monero / Bitcoin cryptocurrency is moving within a falling wedge and hitting the support of wedge and also hitting the bollinger bands support.
Last time when the price action hit the bollinger bands support and wedge's support it produced more than 18% profit.
But as the MACD is strong bearish and stochastic is in bear cross so we should wait for...
Bear markets create strong cryptocurrencies.
Strong cryptocurrencies create bull markets.
Bull markets create shit coins.
And, shit coins create bear markets...
Since January 2018, It has been almost 2 years bear market! I know so many people has been keeping their zombie bags from 2017. Is there any hope? Yes, but not for most of them.
If you are still really...
Priceline of Monero / US Dollar cryptocurrency has formed a bullish shark and entered in potential reversal zone.
I have defined targets using Fibonacci sequence as below:
Buy between: 81.23500000 to 79.22000000
Sell between: 83.88172959 to 88.81193575
Atif Akbar (moon333)
Looking likely that XMR is gearing up for a move upwards. Plenty of Higher-Lows in the candles with bullish momentum and support.
Been to higher zones on the fib previous, could be a possible move back up there again.
Tight stop losses if entering. Bitcoin behaviour matters on this.
Today I wanted to go over one of the large caps because they are the ones that lead the market.
XMR is a great long term cycle because it has proven itself with Bitcoins bear cycles previously.
I like this set up for a couple reasons...
First off, we have a very strong trend that went uber parabolic in the last cycle. This created a 1,3,5 Elliott...
Today I am watching XMR for a potential breakout of a bull pennant. This pattern comes after a breakout of major descending resistance which signals the end of the bear market.
Currently prices are tagging resistance of the pennant which is why I am waiting for confirmation one way or the other.
For a bull break to occur the best entry will be the...
Welcome to Technical Analysis on MONERO (XMR) which is one of the next big things (not judging by the rumors), but technical and fundamentals.
After Zcash it's a second best privacy coin made.
We have seen Monero is sidewalking since December, pretty much at the same range (0.0120-0.0135 sats), but since volatile as usual, #XMR will gain masin...
This is one of the most strong coins around, with real fungibility.
Cryptographic experts acknowledge this one be the best privacy coin around.
This is a great set up with excellent risk/reward.
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