xmd has had a monster push this month. it still is holding over its 9ema. with ETH, LTC, picking up. think some of the alts are gonna start to move like ETC and also XMR. I added the usdt pair at bittrex. we have a breakout over trend line on the hourly. with the daily still above 9ema this is powerful
$XMR is looking bullish, as money is starting to flow back into blue chip altcoins and Bitcoin is nearing a major psychological barrier at $10k. Based on fib extensions (2.618), My USD target for Monero is $420. Blaze it.
Monero looks set to hit $279 in the next week or two (max). This target is based on a Fib retracement drawn using the H1 (High 1) to L1 (Low 1) range. The spikes preceding S4 (S1-S3) have all indicated a higher high soon to come, each retracing back to a support level established on the way up to each new high. I predict S4 to fall back and consolidate at approx...
Chart says the trade You can buy at Buying Area or wait for confirmation to buy it's your call. Good luck ;)
Monero follows a simple pattern in a 1M timescale, next month we are seeing monero surpass $60+ and btc target would be 0.035-0.045
Monero/USDT is forming an ascending triangle and it formed a double top pattern. When the Monero breaks the resistance at $208.4, it will shoot upward, IF IF the bitcoin does not fall drastically. Buy order should be placed at above $208.5 level and stop loss should be placed at below $180 level. Buy order: $208.5 Stop Loss: $180 First Target: $240 Second...
POLONIEX:XMRUSDT appears to be initiating a wave 5 of elliot seeking the top of the weekly channel, the yellow zone is formed by a cluster of fibonacci between the lines 1,618 of the weekly expansion and 1.0 of the expansion in H4, the formation of a high pivot is interesting for confirmation
Monero could be in a large corrective structure within wave 4 unfolding as a double zigzag WXY. The price should break below the yellow uptrend support. It could either reach only end of wave W at the 150 mark (blue zigzag) or dip much lower into the area of 120 (purple zigzag). And then we could see continuation to the upside to reach out to the 208.20 mark at...
The price broke the downtrend line and moved upward. It gives us a trend reversal signal and a new trading opportunity. MACD supports upward movement. DMI is going to confirm strong price movement. Pending orders for buy should be placed at 182.50 level with stop orders at 165.50 level. The main profit target is 208.00 level.
Explanation on the Fibonacci levels on the graph: -Wave 2 retraced 38.2% of wave 1, meaning it is likely the fourth wave will retrace at least 38.2% of wave 3. I suspect it will be 50%, but if it does go to 61.8%, then lots of profit will be made. -Wave 3 hit a perfect 1:1 Fibonacci extension of wave 1 to 2. This ideal extension is what gives me the price target...
Monero looking so strong bullish. When BTC have local correction XMR didnt move down(as others alts). Price above all MA's, brokeout F-fractal resist. zone Use Fibo ext lvls as trgts: (180-190$; 220-230$)
Tom Demark count gave a green 2 on the daily chart. This is a clear buy signal. I expect up to 7 days of bull run. Here is my trading idea: Long at: 121 Take profit at: 148 Stop loss: 110
XMR moving up the channel. Partial profit can be take at next fib. Return to ATH possible.
We have confirmed the uptrend and now the chart is making a clearer picture. Target 1 - $160 / Target 2- $200 Note the recent Volume increase and the Stoch RSI position. Best of luck!
Monero broke resistance. It's rise is usually fast, so watch closely at 103 support and buy on breakout. Otherwise it will accumulate around 93-98 USD first. Profit target should be at least 125 USD.
CNo.003. Profit taking 1 = $135 Profit taking 2 = $155 Profit taking 3 = $210
Similar to LSK we have XMR heading into its final wave of its Elliott sequence. Target will be around $250