Monero seem to be changing its Market structure at the weekly timeframe - All dips are for buying.
The area between 8000 - 7000 offers a great entry point. There is a confluence between high volume node and important SR levels + Fib levels.
I would hold it long term and start taking profits above 12000
#xmr #monero #btc #trading #crypto #tradingidea
The train is leaving for Monero (XRMBTC).
This is one of the strongest projects with lots of backing from all across thanks to its privacy features.
Monero is King and now we have a strongly bullish chart.
Prices have gone above EMA300/200 with momentum building up... As we move above MA200, we can see faster and stronger growth.
The next target is marked on...
I think this chart speaks for itself
Thanks to the Gaussian
Mostly I don't use it on charting bcs it complicates things
(I do check it though)
bus this time
everything is far enough apart
everything points UP
(if Gaussian is green/red for a relatively longer period than it tends to stay the same colour for a relatively long period)
Paying attention to the BTC value in alts is huge. Buying coins that are still at bottom value in BTC can really reduce risk if you are looking for an entry. I used Bonfire and DWEB to find Gann trends and levels to watch.
What Is Monero (XMR)?
Monero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. Even though it’s commonly thought that BTC can conceal a person’s identity, it’s often easy to trace payments back to their original source because blockchains are transparent. On the other hand, XMR is designed to obscure...
Here's another big dick player that looks ready to break out. Do me a favor and just zoom out - look at the 1W chart.
XMR is very well respected in the community, and has even proven to be trusted as the most popular means of transacting in certain markets. Shit, even Grayscale is interested in starting a trust.
I like Monero as a long term hold, but the...
EngineeringRobo is bullish for XMRBTC at the moment. If you consider buying wait for the daily close above the 0.008 area support line
As long as EngineeringRobo is bullish and the candles are above the uptrendline no need to hurry to sell it.
If you want to make the quick profit, you can sell it at the first resistance level (0.012 area support line) ....
". There is a possibility of temporary retracement to suggested support line (404000).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. XMRBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
Bitcoin is the system 2.0 and everybody is getting baited into it. Can u see it, the prison you are building for yourself?
Monero is fundamentally a more valuable asset than Bitcoin, solely because of protocol level privacy.
You can act like individual privacy isn't a pillar of freedom and equality on earth, you will only expose your deficient understanding of...