Hello to you all. Mars Signals team wishes you high profits at all times. The price has a strong support after the fall and is starting to move upwards. We can buy a step in this area for the above purposes. Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck!
The continuation and flag patterns are seen there. It'll break the resistance line again?
XMR is bouncing off the previous highs here. We also have a volume node concentration around these zones. Will look for a hold of this range for a pullback into 490-95 areas and higher
On the daily chart you can see Moneros price currently has a strong correlation to the relative strength of Bitcoin. As of now Bitcoin is heading for a strong resistance zone 57500 were I think there will be another bounce and test of the 59000 area where I will be waiting for a high volume breakout of the wedge. I think this is pretty unlikely for BTC right now...
Stop loss is a must, BTC is not looking too strong right now be careful of a dump. Personally I will wait and see if BTC can hold its wedge in the coming hours. Let me know what you think, posting for learning purposes DYOR.
XMR has given a clean break with good volumes, Over all crypto markets are consolidating , this breaking out will gather more steam once we the majors pullback. Looking for a test of 500 and higher areas.
If XMR can hold next 4 hour candle above trend line. I believe 500$ could be on the cards in the coming days providing bitcoin stays trading within a range. Please let me know what you think.
Xmr has broken the Bullish Flag and we can now see it's movement upward ⬆️ Thanks
Hi All, Monero's candlesticks are the only reason I entered this trade. My advise is for you is, if it breaks that key horizontal resistance, jump in along with the MACD crossing over. I already entered and I know its wrong... sometimes you convince yourself its bullish. All the best, S.SAri
Hi All, XMR looking ripe for a 4 hrly candle to find support on previous ATH resistance. Smaller time frame we also see a potential breakout as well. There is 2.5 hrs for the 4 hrly candle to close bullish. Macd is convergent as well. s3.tradingview.com All the best. S.SAri
Hello to you all. Mars Signals team wishes you high profits at all times. The price has been able to break the resistance channel and is starting to move upwards. We intend to be able to relocate the targets over time. Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck!