This is a response post to a theory proposed by a Nom_de_Guerre
Please refer to post here :
I will be also doing the same if BTC loses 11k support. Which at this point in time, I do not think will happen. I still am Long BTC as I believe the testing phase has not yet completed, and 100k or...
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XMRBTC on H4 has broken above the resistance by large green candles and it might go lower for a retest but finally It is expected to go higher.
⬆️Buy now or Buy at 0.006050
⭕️SL @ 0.005540
✅TP1 @ 0.006660
✅TP2 @ 0.006900
✅TP3 @ 0.007700
✅TP4 @ 0.008150
Privacy is still very underrated in this growingly hyper transparent financial landscape !
MONERO is still the best and most well known privacy coin in the digital asset world.
Many people hove avoided this type of coins because of the impending danger of regulations.
However, there is a case to be made that such a coin will not only survive but thrive in an...
Monero probably ended correction from last bull cycle and is ready to rumble. If it breaks downtrend resistation, long term targets are around 0,1 /btc, what could be pretty nice profit also in dollars. Formation is beautifull, so keep hodl or buy now and keep your monero safe, because it will have huge value. Privacy will get attention and Monero is king of it.
800,000,000,000 for a Bitcoin market, seriously overpriced for what is nothing more than a NFT. If its not private by default at the protocol lvl its not fungible and its not sounds money.
MONERO and REAL cryptocurrency... PRIVACY NATIVE CRYPTOCURRENCY... will break the internet when it pumps to the moon.
awake yet? No you're still sleep I can hear ya snor...
this is XMRBTC chart. i can first add as a basis that i am bullish on btc.
So that means that this chart is more bullish than it looks, since i believe it will 2x vs btc.
this chart is for 2021 so far.
-now bouncing on the 618
-curving slightly upwards
--- many other coins with similar patterns have just...
* Binance: XMR/BTC
* Daily Chart
* Reducing / Falling Wedge chart pattern
Monero is forming this bullish chart pattern, with many contact points (four significant touches on the resistance or upper line and three on the support or lower line). The multiple contacts adds credence to this chart pattern, most likely result is a bullish...
*Support Points (Green arrows and white horizontal line)
*Resistance Points (Red arrows and white horizontal line)
From the point of writing, Monero has increased 24% in the last 7 days (compared to USD). Also Monero is finding a lot of support at the white line (0.6103). Monero fell closed last week below...
Chart: XMR/BTC (Daily)
Monero has been pushing up gradually and consistently, the 0.5 Gann Box price/time line has been hit. If Monero pushes past this convincingly, this line will turn from resistance to support and we can expect more bullish action.
Monero took a big hit from the recent crash and could be a very good time to buy back in.