Price bounces from the kumo and the uptrend line. RSI confirms price reversal. DMI shows range market conditions and for possible trading, we'll need ADX line moving upward. If we buy based on this reversal signal, our long trades will be opened not far from the downtrend line. This resistance line will be able to stop and reverse the market. It will be better to...
Price reached the downtrend line and bounced. We could see a short term downward movement to the uptrend line. Probably this support line will be a reversal zone for a new upward movement. If the market reaches the downtrend line again, we'll have to watch for price action near this important line. It will be a new attempt to pass through this barrier. We can...
Price bounced from 30.00 support level. RSI confirmed price reversal. MACD confirms an upward movement. We can see that price comes back above MA100 which shows the main trend. It's a signal that the previous up trend is going to continue. We have trading opportunity and we can think about buying. If you are ready to trade in long term, the current levels are good...
Stochastics, MACD and falling wedge look great. Take profits around the 1st target which is the yellow channel resistance. If XMR breaks above yellow look for a possible move to the top of the blue channel. Always take profits.
XMR is still decreasing and will decrease until near .618 support. If it doesn't bounce off .618 then it will most likely sink deeper to the uptrend support line before bouncing back off. Keep an eye out because long profits will be possible after breakout.
Looks like XMRUSDT could be facing the same dilemma as a lot of the other altcoins; although it is proving a bit stronger compared to a numerous amount of other coins; it might not be enough. For a safe short , wait for a close below the white line with breaks in it or a bounce off of the cyan line and through the white line with breaks in it. For a safe...
MONERO is breaking out so if sustain and trade above 45 then buy some Monero, below 44 exit your trade.
Its possible that he will reach this entry zone. We see many cheap coins at the moment! Be careful and choose the right one to make maximum profits ;-)
If it breaks up, expect massive gains! Vice versa for if it breaks down haha. I'll post TP and other updates soon. Let me know what you think!
A possible Cypher pattern is developing Buy till 36.90 Tgt 54.50 SL 34
Monero cup and handle, watch for price above 63.2
Monero seems to follow a trend in which it tests the 200MA (Moving Average) after it starts out for a new pump, the RSI & MACD also shows LONG options and hence it gives many traders the buy signal which becomes clear. The price targets for buying are :- a) 0.01270 b) 0.0135 c) 0.01400 I would buy a lot if price goes to 0.0127 and i bet it wont stay long at...
XMRBTC ready for short if it fall below the green line