After a beautiful surge, we are not staring at at bullish flag, gathering strength into another breakout?
With more Traditional exchanges will allow trading in the crypto world will equal to more capital flowing into crypto thus pushing value higher. So unless, we are going to get some major bad news, it is unlikely that crypto will suffer a major bear...
After pnd xmr leaving many bears in the dust again, the favor is about to be returned.
Fundamentally, XMR is a disaster in team, fees, network congestion, slowness and robustness.
If you want privacy and improvements of all those mentioned issues, then sell Monero and buy STRAKS. It's under the radar, extremely cheap, whilst having genius developers, working...
En esta oportunidad el mercado nos muestra una posible formacion de un patron BAT bajista el cual deberia de ir a los 97$ como nivel minimo que tengo establecido para la potencial zona re recersa (PRZ) para asi este patron tenga la oportinidad de ser puesto a prueba y ver como reacciona el precio en esa zona.
(In this opportunity the market shows us a possible...
If you have seen any of my other publications, you would know that I am super bullish on crypto.
Monero is just another beauty that I cover, which is shaping up nicely as a rounded bottom. The weekly chart has now seen 4 full closes above the 100MA, and re-tests are getting bought up. Also note, that weekly 20 (orange) is curling up aggressively,...
I've been taking a look at Monero, and this coin looks interesting:
1. It didn't climb a lot since the low in December
2. It XMRUSD basically looks EXACTLY the same as BTCUSD
3. It's doing the same as bitcoin, but lagging behindt
4. It's now where bitcoin was 1-2 months ago
5. The coin itself is interesting because of fundamentals, anonymity etc
So, I have to...
I tried to make a good reflection of the whole cryptomarket. I only could do this with coins that been trading for more than a year. Otherwise the chart did not work. So I made a chart with the following coins:
BTC, ETH, XRP, LTC, DASH, NEO, MONERO, XEM
If people also wanna chart on this chart use the following...
XMR is getting compressed like a spring. Also Bollinger Bands shows us the market is getting ready for a sudden movement.
Pay attention to the meaning of colors:
Pink zone: Critical Support and Resistance Zone.
Yellow lines: Long-term triangle wedge.
Red line: The most important resistance line over Pink zone. The price must be closed over the line to presume...
As we can see, XMR and BTC continue to trade with a high degree of correlation along with the rest of the crypto market. All that differs is the percentage of change. Monero is more volatile, so expect higher percentages of drops and rises as we see this play out.
There is a short-term downtrend as drawn by the channel lines, with some support at the...
We appear to be done with the major wave 3 (blue) counting the 5 sub-waves (green). This also happens to be 2.618 Fib ext of Wave 1. We now appear to be almost done with the 4th wave correction which is a likely a Flat ABC
Since wave 2 was a deep correction (0.786 Fib of Wave1)
Wave 4 is likely a shallow correction (0.382 Fib of Wave3)
This also coincides with...
I was asked by someone to do a Monero analysis. I mostly do only ETH, XRP and LTC, the top coins, but I have to say that I sometimes forget the others.
Probably because they are all interconnected anyways, and they are very similar. They all follow BTC, no exceptions.
Copmaring XMR with for example LTC, we see that it is not quite as bullish. LTC made a fake...
Aprovechando el claro ciclo alcista de monero junto al resto de criptomonedas, buscamos una ganancia potencial del 10% en corto plazo con una compra de monero en 86-86.5$, un stop loss en 69$ que no debería ocurrir por tendencia y dos posibles escenarios según nuestra aversión al riesgo:
A) Venta del 85% de XMR al llegar a 94.9$ dejando el 15% correr las...
Se ha formado un patrón armónico BAT alcista, podemos colocar el SL un poco más abajo del que tengo especificado ya que este ha actuado como un soporte anteriormente y existe la posibilidad que si hay un poco el precio se apoye en ese soporte y rebote al alza.