Monero has just broken the 1D Triangle pattern (RSI = 46.663 but Highs/Lows = -0.5639, B/BP = -3.4316, STOCH = 26.172) as it hit the Lower High limit on the 1W Falling Wedge (MACD = -24.635, Highs/Lows = 0.0000, B/BP = -14.6106). We expect now the 1D to gradually develop a Channel Down that will get further downside confirmation on 96.192. We thus remain short on...
Monero has a break below the major counter trendline which is not a good sign! On the 4h chart, it trades below the 200EMA and makes pretty 'heavy' steps downwards compared to others. Technically, if the Bitcoin makes another leg downwards then XMR would drop like a stone because there are some support levels but nothing significant until the red box at...
Like all other cryptocurrencies, Monero has declined precipitously. It has been gradually trending downward making lower highs. Fortunately the markets seem to think that $80 is a minimum lower price for this asset. Every time the price action drifts close to this value, it has been bought back swiftly. It is doubtful that, XMR can break this level unless...
XMRUSD Broke long-term resistance line Very similar to a diamond reversal pattern or it can be just a symmetrical triangle
Monero' looks a little bit suspicious and looks like it waits a moment and opportunity to break upwards from the triangle. Currently, it has been several attempts to break through the counter trendline but it has held the price nicely. Slowly, XMR' move into the triangle tip to explode and if the Bitcoin' makes a move upwards and it breaks the trendline then...
XMRUSD price is moving in a symmetric triangle, waiting for a breakout. I m looking at this market for a possible entry long or short. Since the daily chart is bearish and the higher level timeframes are bearish as well, I believe that it is more probable to get a break on the downside as a continuation of the trend but the price will tell us anyways.
Monero remains neutral on the short term, balanced between the 1D Triangle (neutral RSI = 49.559, CCI = -49.0229, Highs/Lows = 0.0000) and the 1W Falling Wedge (MACD = -24.189, B/BP = -13.0206). Technically until either the 143.282 Resistance or the 96.192 Support break, the trend will remain neutral. However we are still more likely to see Lower Lows based on the...
I gave you zones for LONGS before. All three targets are in now. Now waiting for profit. Follow the updates on Telegram.
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XMRUSD is still on a tight balance of power between the commanding long term bearish trend of the 1W Falling Wedge (RSI = 43.439, MACD = -23.484, B/BP = -8.5290) and the 1D Triangle (RSI = 50.323, CCI = -7.6158, Highs/Lows = 0.0000) that keeps the short term trend neutral. We do notice however the rejection on the 1W Falling Wedge's Lower High (128.000) and if...
Monero' shows us a pretty smooth and steady climb upwards. It has made very clean higher lows which will indicate that the current short-term trend is strongly upwards. At the moment, the price is below the main down-trendline which works as a resistance, also there is a 50 & 100 EMA and they do the same thing! Like You know, we have clean higher lows and also we...
See a good zone for calling in shorts Expect a pullback movement Monero is in an ascending wedge , most often such figures are triggered downwards
Monero is keeping the 4H Channel Down intact (RSI = 43.399, MACD = -0.281, Highs/Lows = -1.4470) after yet another Lower High rejection at 122.70. However the rebound off the 96.555 Lower Low is maintaining a Triangle (blue dotted lines) on 1D (neutral RSI, Williams, CCI, Highs/Lows). If the 100 mark breaks in the next 3 sessions, then the Channel Down will...
volume picking up from the nice bounce. respected the fib levels as well providing support.
In my opinion if the price POLONIEX:XMRUSDT will hold this level we can see move up.
Not Trading this one, just made it for a friend, might as well share here. Good Luck