First, sorry for a delayed TA, I needed to gather some thoughts, find time, and energy to put the gravity of Crypto for the last year of 2019.
So far this year have been one hell of a roll coaster. I have feeling that December, is just going to get just as wild.
First, we have a fractal on Dec 7th, so this Weekend, we can expect fireworks. I trully, hope this is...
Good evening,
Xmr is creating Bullish Divergence for the first time in a very long time. The last time we saw MacD Bullish Divergence alone was July 16th, 2019. Before that, the last time we have showed real daily Bullish Divergence was at the bottom of the bear market on December 15, 2018. That is right, we haven't had real Big Daily bullish Divergence since...
This chart represents a repetition of the bullcycle from 2016. A double exponential move with corrections.
It looks like the W bottom may have been tested (is it enough?).
We now need to break up out of the falling wedge and enter the ichimoku cloud before EOY.
The light blue line then needs to crossover the purple and we're bull above the ichimoku for the 1st...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (52.17). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance....
“Monero is what Bitcoin noobs think they bought, which is fungible, digital, sound money.” - Dr . Daniel Kim
Personally, I feel that Monero is what Bitcoin wants to be and is trying to be. As the crypto market matures we should expect Monero to take a permanent spot in the top 5 on market cap.
Priceline of Monero / US Dollar cryptocurrency has formed bullish Shark pattern and entered the potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 52.949 to 49.193
Sell between: 56.295 to 63.804
Regards,
Atif Akbar (moon333)
October surely was a fate defining moment for - CHINA.
China finally realized that the way to truly win the global war against the USA, if it comes to it, is to dethrone Dollar. Something Russia has been actively doing since the sanctions have been placed on it, after the Ukraine debacle.
Nothing threatens the dollar more than creation and affirmation of a...
XMRUSD formed triangle and soon we will break up resistance line of triangle.
MA 50 and MA100 aready cross - signal for buy
Also you can see how MA100 and MA200 soon cross
If you are trading cryptos, you know that a lot of cryptocurrencies are bearish but Monero vs USD could be one that turns the tide. The crypto is currently trading at the support level of a Descending Triangle Pattern at 167.750 and also showing a bullish divergence on the On Balance Volume. The current price action shows indecision at the level with a doji the...
Good evening ladies and gents. Hidden bullish divergence on the MacD and Bullish Convergence on the RSI (Weekly Time Frame)closing in at a critical area of support at the bottom of a long term uptrend. Just another position I have been adding for the long term trade set up.
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