In my previous post of Monero with Bitcoin pair we have seen that on 3 hour based chart the XMR with Bitcoin pair was forming bullish BAT then finally as per prediction the priceline entered in buying zone and and hit the sell targets.
Formation of new Shark pattern:
Now again on short term hourly chart the price action of Monero is forming bullish harmonic...
Hi friends hope you are well, Since Jan 2020 the Bollinger bands on month chart is getting squeezed and priceline was moving sideways indicating that the price action might have found a support here. After recent bearish move the priceline has 1st time hit the lowerbands of Bollinger bands and turning bullish now we can expect after this bounce the price action...
XMR/BTC
XMR is almost back to the mean or previous support where we had a strong rally up to 9000 sats area.
XMR is currently formulating a potential bullish reversal pattern as the price approaches near the strong level of buy zone.
The market is still uncertain about the future so if any bad news will appear online,
XMR could still drop another 10% to resting...
Hi Folks hope you are well, this bearish trend is helping many tokens and cryptocurrencies to complete their finals bearish legs to form bullish patterns and Monero (XMR) is also one of them. On 2 day chart the XMR has formed bullish Crab pattern, even though the price action has hit the spike in PRZ level and pulled back but I am expecting that due to this...
Hi friends hope you are well, on 2 day chart the Monero (XMR) Coin has formed bullish BAT pattern and entered in potential reversal zone to move up.
Lest’s dig the pattern deeper to see how perfect this pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to...
Hi friends hope you are well, here I have found another profit potential trading idea for you and this time Monero (XMR) has formed bullish BAT pattern and entered in potential reversal zone and ready for bullish reversal soon.
Let’s examine how perfect this pattern is:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then...
Friends, support this idea with your Like and any Comment. Thanks.
I expect the completion of the correction for XMRUSD and the continuation of price growth within the framework of wave 5.
Trade entry, take profit, stop loss levels are available to participants of the SAV Trading Room.
You will find more trading ideas in SAV Finance community.
Le Monero est en ligne pour aller chercher une résistance long terme situé aux alentours de 73 USD.
La vague 3 en violet à son premier objectif vers les 68 USD. Si cet objectif devait servir de résistance et renvoyer le cours vers le bas nous reviendrions vers les niveaux actuel pour démarrer une vague 5.
Dans une vision plus long terme le précédent plus bas au...
Priceline of Monero / US Dollar cryptocurrency has formed bullish Shark pattern and entered the potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 52.949 to 49.193
Sell between: 56.295 to 63.804
Regards,
Atif Akbar (moon333)
21 minutes ago
Priceline of Monero / US Dollar cryptocurrency has formed bullish Shark pattern and entered the potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 62.106 to 61.143
Sell between: 63.099 to...
The priceline of Monero / US Dollar cryptocurrency is forming last leg of bullish Shark pattern and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and...
Priceline of Monero / Bitcoin cryptocurrency is moving within a falling wedge and hitting the support of wedge and also hitting the bollinger bands support.
Last time when the price action hit the bollinger bands support and wedge's support it produced more than 18% profit.
But as the MACD is strong bearish and stochastic is in bear cross so we should wait for...
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...
After a long correction that lasts a year, I think that the time has come for changing the trend. There are several facts that speak about it
1. The price is approaching the first liquid zone of this coin. This is visible in horizontal volumes. Also, if you take a detailed look at the history of this coin, it is clear that just after consolidation in this area on...
