Since topping during the heights of the previous bull-cycle, XMR has been losing most of its value against Bitcoin.
During this down trend, the dotted purple trend line has been respected. However, XMR/BTC has recently broken out of said bearish trend.
Since XMR is one of the few untraceable cryptos, one could guess that this has something to do with the...
Tuesday 19th April
XMR BTC ripped up to the 1.272 Fib extension of 0.006896
Looking very positive but very overbought now
Watch for a pullback
Upper sell targets have been hit
Money flow looks like it is reversing, but this is a very positive move for privacy coins.
Maybe the Canadians and Russians have created new demand for these coins?
On the 12 hour we...
Tuesday 19th April
XMR BTC ripped up to the 1.272 Fib extension of 0.006896
Looking very positive but very overbought now
Watch for a pullback
Upper sell targets have been hit
Money flow looks like it is reversing, but this is a very positive move for privacy coins.
Maybe the Canadians and Russians have created new demand for these coins?
I absolutely love everything about Monero. The absolute, undisputed king of privacy coins, the untraceable, fungible supermoney to back Bitcoin.
A dead God once told me that Monero is what Bitcoin should've been.
Together they (us) will win.
Monero is money
Bitcoin is gold
With that psychotic rant out of the way, Monero looks like it is primed for pumpin...
Monday 11th April 2022
Welcome privacy advocates. Monero Champions
It has been a consolidatory sideways weekend for BTC, but a great weekend for Monero in terms of BTC price.
On the 2 day chart we are at a green TD 8 count.
We have green TD count up dots below all bars and achieved a qualifier "Q" bar on the TD 7
7 and 8 wicked up to just below the 1.272 fib...
XMR-BTC has bottomed out in mid Feb already. Since, it has had a single major thrust upward which has cleared most of the previously established resistance.
Now it is basing again as market market keep accumulating. Expect a violent move up by the end of the week.
Friday 8th April 2022
Monertopia kicks off this week
Monero has been moving higher
Monero punched through the Upper Orange Bollinger Band, last month on the 7th.
She has broken out of the yellow triangle I drew, on a strong looking TD 7 green candle.
But previous to that, she has not gone passed it since 19th April to 20th May 2021, 1 year ago.
The most...
Hi dear friends, hope you are well and welcome to the new trade setup of Monero coin (XMR) with BTC pair.
On a 4-hr time frame, XMR has formed bullish Gartley pattern.
MONERO has been in a bear market for a long time against Bitcoin !
This is about to change soon.
I noticed a fractal that points to the last great bull market in 2015 - 2018.
At that time XMR made a 900 X move.
Will history repeat ? Not sure but set up looks quite similar.....
MONERO in the four five digits XX'XXX is not out of reach !!
Inflation rate of monero vs bitcoin seems to favour a bounce at those levels.
Nevertheless Monero might be losing it's network effect towards Bitcoin.
But when it comes to nominal prices (XMR/USD) I am bullish siven the Stock to Flow of Monero.
XMRBTC is going to match what I said about XMRUSDT. XMRBTC is on a flag where it hears a strong bull movement and now it has started taking profit. when we break this flag we will see btc losing over XMR.
DISCLAIMER: Please note that my studies portray my personal opinion only and should be considered for educational purposes only. They should not be considered...
