Overall bias on XMRUSD looks bullish: price holds above 200-days EMA, above 50% Fibonacci... Nonetheless, there is one more test happening right now for the Reverse Head And Shoulders scenario. The price got back below the 300.0 level and had stopped just above the Neckline zone of the RH&S (Reverse Head And Shoulders) formation. If Monero crosses this zone...
The pair still holds on the Neckline of the Reverse Head And Shoulders pattern, drawn on the recent lows. By the last downtrend, an Angle Resistance emerges and now is the time either to cross it, and prove that the 250.0 - 260.0 is strong resistance, or to develop the fall further, which will affect the global scenario. The probable scenario would be lateral...
XMRUSD bias looks bullish . The pair pushed upwards from the 200-days EMA and 61,8% Fibonacci level of the global trend. Recently XMRUSD crossed the 250.0 psychological resistance, which lies near to the 50% Fibonacci level. One more argument in favor of the uptrend scenario is a clearly visible Head And Shoulders pattern with shoulders line at the 260.0 level. If...
XMRUSD pair is trading in a bullish bias right now. After drawing Reverse Head And Shoulders in the 50% - 61.8% Fibonacci retracement zone the pair went upwards and crossed the 300.0 resistance, which confirms a further uptrend scenario. For now, the pair returned to the 300.0 level but did not went below it, so the upward movement should continue as soon as the...
Monero is a great coin and it seems to have formed a double bottom (red lines) and a inverse H&S. EMA lines are turning bull with 50 crossing over 100 and soon the 200 on 2hr frame. It should go to the first target before February 17th Targets 320 Based on the W bottom 350 Based on the H&S Stop loss 245-240max
XMR Don't forget to put stop-loss at around 220-240 and target at 888-999 mid-term. Good luck!
Monero XMRUSD is currently in a bearish trend against the dollar, however we can see very strong support below $300. Even though the Monero markets have been very volatile over the last month, it is important to notice that the bulls are not shy to buy any xmr under $300. It looks like a new base is being set between $280 – $300 and should the bears stay shy of...
XMR has been moving up and down quite a lot within its downward trend, with wednesday striking as low $235. Considering the MACD is indicating an upcoming uptrend, we might see another push, which I expect to be VERY short-lived. We have a death cross (red arrow) forming as the 50 EMA (blue) is moving down below the 200 EMA (green) which generally indicates a VERY...
XMRUSD to reach a price target of 513$ by 27th Jan after which it would take downward trajectory.
If as I predict XMR will reach the top 3 crypto currencies in 2018 it would have to have a market cap similar or greater to the Market Cap of XRP (ripple) at the moment of writing USD$86,629,637,881 If this is to come to pass the price of 1 XMR would rise to ~ $5559 USD (86,629,637,881USD divided by 15,582,824XMR) This is an increase of 5129USD Or, as a...
Is Monero setting up for a bullish breakout? Broken out already and re-testing consolidation zone. Stop and target shown.
Monero is wedged between a strong support and resistance. As soon as one is broken and the candlestick closes above resistance/under support it means a breakout is confirmed. If it breaks out in an upwards direction, it will keep to the fibonacci lines, resulting in the following targets: Target 1: 503 usd Target 2: 668 usd If it breaks out in a downwards...
Monero after such a rapid growth since November has corrected almost down to 0.382 Fibo level. Since 22 December it has been consolidating between around 280 and 390 dollars. Volumes are low so I think it will take some time to gather all the strength to grow further. I will strengthen my longs at 0.618 Fibo and at the zone between 290 and 320 dollars. The targets...
X mas opportunities made us hungry for cryptos. We could see many currencies boosted like hell. New traders came into digital pool so we can try a bite. What's next? I suggest picking Monero - there is nothing to explain. It depends on further luck when You enter into a - train. I M O the best way to win this is putting a small amount of money here and trying to...
After an momment of accumulating near 260 ~ 290, the cross made on flag might get monero value on a high way. This might've no notice envolved just graphic analysis in this flag pattern we can see that this is a good momment to put monero on the wallet