XMR made a nice bounce even when rest of the market was pretty weak, right now we are at resistance lvl, if we don't brake that short would be nice here, added some areas where I expect bouncing off, as well as were I would like to buy some longer term.
It is extremely difficult to find bullish signs in the #Monero chart on different timeframes. The coin is trading below 61.8% Fibonacci retracement, trend line support, horizontal support and both 100MA and 200 MA. It is currently bouncing off of the 78.6% retracement support and it is retesting the triangle support, now resistance, from the downside. If the price...
Hello Lads and Ladies,
As promised, there is at least one TA per day here and today we are looking into XMRBTC - one hell of a clear picture.
To beginn with, we take a look at the previous structure, that was a very strong uptrend that XMRBTC was following after it hit a very strong support at 0.011 this uptrend continued all the way up to 0.034 which was...
#Monero his on its way to create a false break down as the coin pushed below the trend line support before racing higher and it is about to close above the trend line. The coin is in a triangle which is narrowing and a break in either direction is going to happen soon. Bears thought they are in control as they managed to push the price down, however, it raced...
lots of cryptobulls who have been hurting the last few months now coming out in raw delirium..
recent move up on bitcoin is now hurting short sellers..
sentiment for crypto : undecided
my overall sentiment is that we are not at a market trend shift point yet, and that we need to consolidate to show strength if we are to confirm a reversal.
Now, looking at...
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 13th of July 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 10.56% PROFIT!!!
The increase in price may also be explained by positive developments including:
June 1: ...
XMR shows a symmetrical triangle , since it has to break some side I would say up
CCI oversold with divergence(Bullish)
MACD could easily crossover signal line, and even go the positive side
Stoch oversold
Targets
0.0215
0.023
0.248
Weekly also is oversold and this possitive move could help slighly
