MA200 represents long-term and it looks like that's exactly what is going on here. After Monero (XMRBTC) moved above MA200 back in March 2022 it has been growing, long-term. A correction took place that sent prices below MA200, briefly, and support was found just above the 0.382 Fib. retracement level of the bullish wave that started after the early 2022...
I forgot to move the Fib retracement. There is correspondence between the MA3 147 Day MA and 78% Fib retracement @ 0.006412 Lets see if it hits and bounces??? Peace and love and spicey rum. Happy Sailing Privacy Pirates. F.Society, F.Banksters, F.Politicians Best regards, Snake Plissken
Get ready to buy the dip My buy zones are between 0.0064 and 0.0078. I'm looking for a green Ichimoku Cloud swinging chop before momentum builds again for the next rip. XMR had a nice rip up to over 0.009548! Who'd a thunk it! But the next target is 0.01. The importance of privacy is catching on. And XMR is the OG in this space in terms of privacy. It has gone...
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 higher targets are still in play until my TA is invalidated. This is a...
Monero/Bitcoin seems to be forming this massive long term pennant structure on the weekly log scale. XMR has been performing quite well this year compared to most of the crypto market, especially Ethereum. However I'm not entirely convinced it will hold support if it breaks out. I think bitcoin has a few more months of bear market to work itself through before...
will we be lucky enough to get a retest?? hopefully yes.. buy and hold after retest
I sold all of my Altcoins and bought Monero... I made one of those silly mistakes where you quit your position but quickly fixed it and jumped back in... A quick reminder how your personal/emotional life can directly affect your trading. Anyway, this one is looking good and looks like a safe-haven, for us to get through the Bitcoin drop. I will be looking at...
Monero just hit a new high breaking its highest price since May 2021. This is the highest price Monero hits vs Bitcoin in 1.66 years... It isn't easy to say this but it looks ready to continue growing. So, where is the next target? As usual, we have different tools to extract resistance levels/targets. The first one is the October 2020 peak, sitting at...
Monero has been in a 9-month+ up-trend against Bitcoin. People are starting to realize L2 solutions are fundamentally flawed, and using Bitcoin is like shitting in a glass bathroom. If we can close above the 200W SMA, expect to see some serious shit. "If Bitcoin is a hedge against the dollar, Monero is a hedge against Bitcoin."
After a really nice pump upward following on from a strong Buy signal over a month ago, we've now reached the point of return - a breakout on the down side of this rising channel, combined with a Sell signal from our Crypto Tipster v2 indicator would suggest a return to the next level of support. There are two main levels of support below the current price, one...
Back in April of this year we shared Monero vs Bitcoin for you... "this one is looking good and looks like a safe-haven, for us to get through the Bitcoin drop." Apr 11 | Monero Is Here To Save The Day! And the chart continues to look good. We have green after green after green candle closing weekly and all this happening above MA200, telling us that...
Hello, I am somewhat new to Elliott Waves, but what I currently see on the "XMRBTC" chart is as follows. We are currently in the 5th wave and we may have resistance at the 0.618 level or at the next Fibonacci touch level and then have 3 corrective ABC moves.
this has been grinding on up 8014 looks to be flipped dip there and looking to open a levered postion in anticipation of a short term reversal at the bare minimum trading above the 200 move should happen by wed
Even though XMR has shown short-term weakness against some coins in the privacy vertical they still have a way to go before they can challenge XMR's long-established upward channel against them. I expect oscillation along the channel and would be surprised if they venture into the blue bands. Provided no fundamental change takes place any venture into the blue...
Saturday 19th November 2022 Welcome back XMR Bulls. XMR is on a bit of a tear at the moment, having broken above the red dotted trend line forming a nice hammer candle, Green 2 on the TD count. XMR peaked at 0.008055 so far this week. If it does stay above and closes the week out above the trend line, we could see a few more weeks of positive action out of XMR,...
Monero/Bitcoin BITFINEX:XMRBTC made a new high for the year. Over the last year's bear market Monero has outperformed Bitcoin by almost 100%. Monero is proving itself to be a greater "store of value" during this cycle than the past champion of Bitcoin. Monero is a cryptocurrency that has been around since 2014 and is based on "privacy by default." It is my...
150+ Day Supply Line Resistance. Falling Wedge. Looking For Breakout & Upside Time For Up In $BTC, Down In $USD. In Time, Will Equate To Strong $XMRUSD. Especially Mid Summer to End of Year 2021. Let's Roll! $XMR The King
27th October 2022 a red 2 candle has been painted on the weekly. Let's see where it closes at the end of the week. But this could be the beginning of the pull back.If this does get perfected, there could be another 7 weeks of downside. So, I am anticipating a bottom developing around the 12th December 2022, which is where the Ichimoku Cloud has flipped from red...