Trade setup: Bullish breakout from Ascending triangle (above $150 resistance zone). Price could swing to near $180 resistance where it got rejected a few times in August. (set a price alert)
Pattern: Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders...
What is Monero?
A Private Digital Currency
Monero is cash for a connected world. It’s fast, private, and secure. With Monero, you are your own bank. You can spend safely, knowing that others cannot see your balances or track your activity.
On January 10, there was a fierce struggle in the XMR market for the range of $168-172. Volatility that day was rampant and the prospect of continued growth as well.
Trading volumes were abnormally high. On this day, the price of XMR fell sharply and hit the mark of $120 in 2 weeks.
The new buyer's attack on January 27 looks much weaker. Particularly low...
On short term 3 hour chart the Monero (XMR) with Bitcoin pair has formed a bullish BAT pattern and just hit the spike in potential reversal zone but there are chances that the XMR will give another change to catch it from the potential reversal zone of this pattern so we can wait and buy.
The Formation Of Harmonic Pattern:
Let’s take a look in to pattern’s...
I think i don't need to explain a lot about it's fundamental background, Monero is really famous on it's privacy development on crypto even it has a copy cat like Linda Coin. We can say XMR as one of the pioneer for privacy coin in this game.
Alright, how do i judge the chart at the moment?
Okay, guys, I think this is a good time to scoop monero because of after...
