I've made wild predictions in the past about Monero. When it was worth pennies I made estimates of it's value reaching well over $1 into the $10 range. This absolutely happened. I then speculated that Monero could further increase from $10 to over $100 given the tremendous updates and growing community making it the best form of Money anyone has seen. This...
Bull flag currently on the H4 Long from $65-67 area Target: $85 area
Hello guys. 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...
Well, the weekly BBands are extremely narrow in XMRBTC. So a breakout seems likely. Even though we are a bit overbought on the weekly timeframe, the monthly says that there is huge upside potential. Stoch RSI has been oversold for a very long time now, and this together with the BBAnds, imho favors the upside. Now USD-wise, of course, much depends again on BTC....
You should consider buying at market price with a target of 85-90 and stop loss at 62.5.
Pattern: Channel Up on 1W. Signal: Bullish on the 57.000 Support and the Channel's estimated Higher Low. Target: 77.000 (the 1W Resistance level).
Midterm forecast: While the price is above the support 38.50, beginning of uptrend is expected. We make sure when the resistance at 76.30 breaks. If the support at 38.50 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. Price is above...
XMRBTC XMRBTC decline after hit our previous analysis resistance. right now we have pullback at channel up support trendline. We can buy XMRBTC at 0.01296642 and aim for 0.01491763 for temporary target. If we look at daily timeframe, we have very large projection at XMRBTC XMRUSD XMRUSD break up our Previous analysis target and perform channel up right now. to...
We still need one confirmation level to buy monero. We will update this analysis once we have that signal. "Like" to follow this analysis to get notification
I was asked by someone to do a Monero analysis. I mostly do only ETH, XRP and LTC, the top coins, but I have to say that I sometimes forget the others. Probably because they are all interconnected anyways, and they are very similar. They all follow BTC, no exceptions. Copmaring XMR with for example LTC, we see that it is not quite as bullish. LTC made a fake...
a close above resistance line is bullish. looking for s/r flip and a raid to August 12th lows
If so, this might be the pattern we see play out.
This squeeze has been on since mid January and continues to squeeze tighter with momentum slightly to the positive side. A release from the squeeze and confirmation of direction is pending.
Pair: XMR/BTC Exchange: Binance Trade Duration: Medium Risk: Low Introduction Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on privacy and decentralisation that runs on Windows, macOS, Linux, Android, and FreeBSD. Monero uses a public ledger to record transactions while new units are created through a process...
Hello traders, happy Sunday. I hope you all had a fantastic weekend. Today we take a look at XMR / USD Daily. Price has recently formed a Demand Pivot on our Daily timeframe. Our Demand Pivot has formed upon our Weekly S/R level. - This in turns shows strong confluence for a bullish push within the midterm for Monero. - Our current key local resistance...
On the chart you can see alternate BAT pattern with XA projection 1.13. First target for this pattern is 0.382 fib. retracement A-D and the second is 0.618. I chose 0.618 as a first target, because it´s the highest propability that monero found bottom. Second target around 40% and than hodl. IF YOU WANT STOPLOSS, PUT HIM BELOW LOW.
Monero has completed a X wave regular flat correction, will be looking for start of a new impulsive move on monero to new all time highs