Technically $XMR has formed 'falling wedge' on both against USD and BTC . Fundamentally Coincheck is liquidating all the positions on people who still holds XMR. Both are happening at the same time, this can't be a coincidence based on my personal trading experience. Trade with care, remember to apply R&R rule on any circumstances to stay consistent overtime....
XMRUSD - Inv. HVF - BEAR - Orders set - Low Vol - Previous setup hit targets
Monero (XMRUSD) made a recovery on Thursday after dropping for the past week. Price is now in the middle between support and resistance areas. If price rallies up to the $150 resistance, we can expect a reaction and a possible drop. If price continues its decline, we can expect a reaction from the $100 support area. Good Luck, CryptoTrendline
Long position: Buy: 150-160$ Stop-loss: 120$ Target: 190-200$ Term 1 week
During this week, Monero hit the bollinger band's bottom part, therefore it is going to make a regulation when it becomes 25000 Satoshi. However, it is going to in the moment it hits the upper part of the bollinger it is going to provide another opportunity for buyers and later is going to rise again.
August 27th 2017 - December 20th 2017 Growth %: 211% Growth $: $328.00 December 21st 2017 - November 21st 2018 Conservative Projected Growth %: 70% Conservative Projected Growth $: $333 Currently bouncing off bottom support of descending triangle, coming into apex very soon. RSI showing signs of a reversal soon. Somewhat oversold at the moment. This could be...
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Lets be optimistic, but this actually sounds realistic for me. I noticed something funny : looks like we are repeating the may->august period, call me crazy but we are in the last small decline like the one we had between mid-july->mid august before the big rise.
We are getting oversold on the 4 hour chart. I will enter at the support line at 235000sats with a tight stop loss at 220000. The target will be the top of the channel if we get a reversal so 320000. It is a 4/1 risk to reward ratio on a short-medium term trade. My main concern is that BTC might hit the 200 moving average (now a resistance) and drop down taking...
Good 50% opportunity on Monero. Price above 200MA acting as support. RSI 50 level support for an up trend. 50% 61.8% fib retrasement correction. GOOD LUCK
XMRUSD already treading down a different path. Short target at $230
... a correction is currently possible. there is no question that monero will go its way. it has special feature as a currency. what is the current situation? monero has performed very well in the last days and weeks. the next big resistance line (around 300 USD) is in sight. here is the question of profit taking or waiting for the break of the resistance line. i...
XMR is poised for a longer term bull run and to sock some monero away. On the daily chart the price has surpassed and closed above the Monthly Pivot Range high. This is a significant event in that it confirms the last week’s move as something sustainable with the bias shifting from the many weeks of bearishness, to one of bullishness. The 14 Day Pivot Moving...
As you may see the price of POLONIEX:XMRUSDT is consolidating