Very unfortunate. Impressive how one single weekly-candle can change everything (it's always been this way). XMR has two support levels waiting to "catch" it's fall. Breakout above support #1 is considered bullish. Top PSAR series are now far away from current performance, and considering the peak distance between the 50 and 200 moving averages (marked pink),...
XMR / MONERO - Has had a nice run up overall - Super extended past long term resistance - Rejection here I think would create a massive expanding wedge Drop a comment below :)
Hi, Monero (XMR) has started to make a breakout from the bullish chart pattern called "Falling Wedge". The bounce came from the upwards trendline and hopefully, it guides the price to the higher levels. The trade gets confirmed after the Daily candle close above the upper orange trendline and the first target should stay around $85. Second and a bit riskier...
Breaking out the trend line, and wait for pullback.
This should simplify the analysis for everyone. It's my first look at XMR/USD today (ever), and all I can say is that I give it a super-bullish sentiment (check out my other posts, I don't do this often). All technicals check out: BB, MA, RSI, MACD, PSAR, Candles and even Parabolas . Parabolas are great for revealing trend changes inside a trend flow ....
monero is a great crypto currency and has great potential for trade right now. because we have a clear downward trend line and also a horizontal support that has a lot of significance. it acted as resistance back in april and it is also the 61.8% fib level from 38.620 bottom to 121.524 top i suggest to buy with one quarter of your capital and put a stop sell order...
I absolutely love this asset because i find it most enjoyable to chart. Here are some arguments for what you're seeing : 1- From the lowest low (dec18) to high (jun19) we just hit 50% retrace and made a bullish harmonic pattern, think about it. 2- Clear sellers exhaustion 3- Rounding action on higher time frames
XMRUSD, Sell on H4. H4: - Structure: Downtrend - Tendency: Downward - Below resistance and EMA => Sell Plan: As picture
Too much coinciding variables that indicate a long opportunity; first the hidden bullish divergence then the bullish butterfly. Good luck.
Wait of the 87$ breakout with a daily , if signal confirmation go for a long with targets 123$ and 145$.
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Precio de Entrada: Stop-loss: Objetivo Mínimo: Objetivo Máximo: Razonamiento: - Niveles de retroceso Fibonacci trazados desde el mínimo hasta el máximo del año en curso. - Soporte a los 73 USD roto. Se buscan operaciones cortas en consecuencia. - El setup consiste en operar el test del nivel invertido. La entrada se encuentra justo por debajo del nivel...
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 Regards, Atif Akbar (moon333)
MOnero moves strongly in an upward trend. Technical indicators confirm the price action. Next resistance level is $78