XMR looks like it is the next to join the party. It has bounced off support so far but could see a brief dip down to trendline or even the lower support zone. Looking for entries in those areas could be a better R/R for the move higher! Ascending wedge has formed as well with a break above that resistance adding fuel for a breakout higher! Thanks guys!
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...
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. Be safe
XMRUSD The bearish divergence here, resistance lvls by Fibonacci. Short-term short.
*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY*** The chart is self-explanatory Haven't seen clear setups like this in a long long time
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 support line #1 is not broken, bullish wave in price would continue. Price is above...
After the candlestick fixation of the model "flag" abroad, short sell with a target of 45.6.
MMHVW have a look at the chart, this is where I think monero could turn. I’ll also load the weekly chart so you see the bigger picture. This shows that xmr is already in the mega reversal zone which ranges between $38 and $11. I personally not holding any xmr and there has been a new kid out recently called Grin. What's Grin? Electronic transactions for all....
XMR continues to consolidate on strong support and possible move higher before fork in March looking more and more likely Thanks guys!
Monero is on a 1W Channel Down. There is no reason to be bullish as long as it trades inside this Channel. Although it seems to be supported since the December bottom it is safer to go long once this Channel breaks upwards. I will go long above 64.700 and target 90.000.
XMR got a hardfork at 09 march .Hardfork hasing got a airdrop but hashrate can change and miners can return to XMR. buy the way XMR can get a good volume and go to next level 80$ ... we will se what will happen
Bollingerband width near historic low levels of contraction. TTM alerting an ongoing squeeze
Here is my opinion that I find could happen with XMR.
Both USD and BTC price reaching areas of possible reversal on long-term weekly charts. Posed for potential breakouts at the bottoms of downwards wedges in both charts. Bullish divergence has appeared for the last two lows on both MACDs. RSI is not showing bullish divergence but has recently touched and rebounded slightly from oversold areas, also posed to...
Green - buy. Red - sell. I do not recommend using this chart for margin trading. It's not a financial advice. Trade carefully and good luck!
Monero (XMR) has seen a very tough year, declining from $253.76 back in February 1, 2018 to the recent price of $43 as of February 2019, a loss of -83%. For 2019 the year-to-date performance is -5.56%, as it started the year with a price near $46. Can the level of $40 act as a real bottom for 2019? Monero price prediction is very hard to be accurate, but in this...
The goal for every technician is that his or her chart should be so easy to understand that someone with zero trading background can follow it. After a week of brainstorming I'd like to formalize my TA into specific blocks and give viewers different options that best fits your needs/expectations. Here's the plan starting Monday, February 4th as I launch my 6...