If it breaks up, expect massive gains! Vice versa for if it breaks down haha. I'll post TP and other updates soon. Let me know what you think!
Retrace was well contained, not one daily close under the 50%. Next extension level is $33, with HF coming up and an expected 3 month alt season this year that puts us into June with this forecast. Buy range $18-19. SL April 27 lows.
The market has broken out the neckline of the short-term double top and is pulling back now. A good short place is where the 0.618RET and the 2.618REXT converge. Meanwhile a good Supply Zone also works at this zone. So it is good to sell at 45.8-47.3 levels when price action gives signals in the PRZ. SL: above 48.9 TP1: 38.0 TP2: 35.2 and further more
This is a silly idea - i'm toying with fib spiral again and sloppy-ly so. Not sure its worth trading.
Monero seems to follow a trend in which it tests the 200MA (Moving Average) after it starts out for a new pump, the RSI & MACD also shows LONG options and hence it gives many traders the buy signal which becomes clear. The price targets for buying are :- a) 0.01270 b) 0.0135 c) 0.01400 I would buy a lot if price goes to 0.0127 and i bet it wont stay long at...
Monero to new highs and could run into some resistance around 40 USD
Monero is looking to breakout above its 100 day moving average and its upper resistance line
XMR USDT recently broke out of a pennant formation (red) and its 100 day moving average (pink line), signalling a strong upward move to new highs. We currently building support at diagonal support line 2. If strength continues I think we see XMR range bound between lines 0 and 1, with lines 1 and 2 as support Watch RSI to see if we can breach above 70. If...
Experimental derived channels from square pattern. Monero to hit 26.95 soon. Cheers, Keops
As we know, XMR has been down for a few weeks, BTC is on the upside, I will place a buy position around 0.012