Priceline of Monero / US Dollar cryptocurrency has formed a bullish shark and entered in potential reversal zone.
I have defined targets using Fibonacci sequence as below:
Buy between: 81.23500000 to 79.22000000
Sell between: 83.88172959 to 88.81193575
Atif Akbar (moon333)
Hi, Guys Welcome To My scenario in this scenario, l will talk about Monero oke we can see in this scenario If Monero is ready to go to the moon we can see Cup Pattern And l have two keys line White for Bullish keys or strong resistance and Blue For strong Support so it the price Break one of the two lines it could mean a new Movement So if the white lines get...
Priceline of Monero / US Dollar has formed bullish shark and entered in potential reversal zone.
RSI is oversold.
Stochastic has given bull cross.
I have used Fibonacci sequence to set the targets as below:
Buy between: 79.020 to 74.088
Sell between: 83.276 to 92.993
Atif Akbar (moon333)
Monero, out of the top 20 coins, is the only one to keep the pace of Bitcoin. Right now it is moving in a steep upward trend. Everything seems to fit, except the Stochastics that show overbought conditions. Therefore, it could be good to wait for a pullback to get in.
Butterfly pattern is formed up and there is %20-30% profit potential.
Monere is lead to 121 $ in 23rd of June and come to the end of its correction nowadays.
RSI : Close to 40% levels so it is at oversold zone.
Buy at 80-82 $ / Sell at 100-105 $
Stop-Loss at 72-73 $ or due to your profit preferences.
Please like or leave a comment for thisi s my first analyse...
As you can see, we are doing my favorite 3-3-5 correction. C could end at the exact Golden Ratio of Entire 1-5 impulse waves structure. = 75-77 USD. Count waves and watch indicators for konvergence between waves (iii) and (v) of C.
Monero (XMR) is a private, secure, and untraceable cryptocurrency that was launched April 18th, 2014. With Monero, it is said you are in complete control of your funds and privacy no one else can see anyone else's balances or transactions.