hello and happy new year! I have a good feeling about 2022 for monero holders. this is just a simple short-term idea I saw on the smaller charts. looks like a cup and handle that could take us to 0.0063 if we hold 0.005. cheers everyone. I am not selling even if we hit this target.
TP1 achieved, TP2 almost reached but I'd close the short now it can be risky. I am strongly bullish on XMR. with recent interest in privacy tokens XMR is a most have in your bag and now might be a good time for DCA'ing into it. NFA, DYOR
Chart with the additional indicators from the previous post comments.
15/01/2022 XMR - BTC Since the 2nd it did not follow the path I suggested, but it did retrace as I suggested back to he sweet spot between 23% and 38% fib. On the fib, chose 0% because of the green TD support dots The 7 and 8 TD counts hit a low of 0.004364 and 0.004347 respectively. Then the no.2 TD on the 13th Jan ripped up to 0.005392 for a 23% gain from...
As you can see, the resistance levels of 2015/2016 have turned into support in 2021. Then, throughout all of 2021, it formed a huge double bottom right on that support. The higher the timeframe on these kinds of moves, the more accurate they turn out to be. Considering we had a big green daily candle yesterday, I'd say it's very likely that this was the bottom and...
Watch for price action signals at these horizontal levels.
XMR needs a correction before going parabolic after its later pump. Gonna short this coin for now to hit targets. NFA, DYOR
I expect XMR/BTC to touch the 0.618 fib at 0.004678btc within a couple of hours from now before bouncing and making a new high in a couple of days max. On the macro scale (the 1w) we can see that the resistance of 2015/2016 has flipped to support in 2021. We also have a huge double bottom that formed during the year 2021 and now a strong bounce. On the daily we...
Hi all I share my prediction for Monero - weekly chart so we can see nice double bottom+ convergence in RSI if neck line brake we can see over 50 percent profit up to next resistance and double bottom target dont forget to follow and like if you agree with me. Not financial advice PLEASE DO YOUR OWN RESEARCH Good luck BINANCE:XMRBTC
Hey every body. Happy New Year!! Hope you all had a great one! So from my last published idea, Monero did rise up from the ashes showing signs of life, which was great to see. So if any one out there bought at the recent low and sold at the high of 0.005331, that was nice 40% gain. On the 9th candle it did pull back. So let's see where it goes from here. There...
XMRBTC. Watch Price Level 0.005320 for a bullish price action single for a long entry.
Watch for bullish price action signals.
Interesting notes on Monero bottoming vs Bitcoin. There is a double bottom which features a higher low. On each bottom, the structure is similar. On first botttom, the time between the initial low, and the last low was 62 days. On the second bottom, the time between the initial low and the last low was 60 days. Also of note, if you zoom way out, these lows of...
XMRBTC Horizontal Support Resistance Level, EMA 10, EMA 20, and Rejection Candlestick.
I'm an absolute noob, so no idea what I'm doing but wanted to play with the wyckoff schematic. From the tutorials: Springs or shakeouts usually occur late within a TR and allow the stock’s dominant players to make a definitive test of available supply before a markup campaign unfolds. A “spring” takes price below the low of the TR and then reverses to close...
Repetition of this same double bottom formation can be seen (arrows) As price has moved out of 2.618 currently this can spur major price growth, as price is 'free' from the last fib area This is also demonstrated with .382 acting previously as a resistance, which has turned support XMR has the potential to act extremely bullishly
Monero / Bitcoin (XMRUSD / BTC) Increasing Higher Lows Formed On XMRBTC Cryptocurrency Pair
Observe the profound beauty of Metcalfe's and Gresham's laws.