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i am expecting a break to in this. it should be a move up, see screen for possibilities
please, like, follow and comment
Monero delivered the expected aggressive bearish candle last week, and setting aside Monday's non-technical noise on the crypto market, the 1D Channel Down (STOCH = 32.187, MACD = -1.950) is now set and currently on a Lower High (RSI = 47.977, Highs/Lows = 0.000). 1W (MACD = -25.178, B/BP = -14.1959) is expected to push this lower towards our targets (TP = 75.792, ...
Buy around 116/110
Close Daily below $95
We ask Allah reconcile and repay
If we consider fundamentals here we have two major event coming up on 21 September 2018: Listing on COBINHOOD 30 September 2018: (or earlier) BulletProof Release ...
XMRUSD moving in downtrend channel. After tested support line of this channel we need test resistance line. Stop loss 103$ target 140 area.
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 ...
crypto market cap & this wave are clearly in wedge.if this wedge is legit we can see start of bull run is all crypto market.
vol is dropping and it is a proof of the wedge.this last wave is very extended and must be terminate very soon.
in the last wave of wedge there is two wedge & bull div is clearly can be see on all indicator.
Moving in downtrend channel. Now forming rising wedge - reversal pattern. I thin k we will go to hell. And we will see price near support line of this channel until end of the year.
Needs to break upwards and retest inner bands to show true upside potential
there is some vol drop and bear div on mom / there must be drop to 38% and 61% fibo of last bull wave in matter of that bearish wedge//
if major resistance breached this idea is no longer usable//
if you want more update on this idea give a like or comment// good luck
Monero has a break below the major counter trendline which is not a good sign! On the 4h chart, it trades below the 200EMA and makes pretty 'heavy' steps downwards compared to others.
Technically, if the Bitcoin makes another leg downwards then XMR would drop like a stone because there are some support levels but nothing significant until the red box at ...
According to this 1M Chart, Monero is in the end of it's distribution phase. The accumulation phase is starting/on going.
I like to use the Bloomberg Galaxy Crypto Index (BGCI) to get an overall View on where the Crypto Market is heading in general. If you aren't familiar with this index, please visit:
Please take the time to follow Cryptorae on Twitter if you like this chart :-)
TradingView chartsetup: Credit ...
MONERO CYCLE in the chart
Hope all you like this and good luck for smart invest in long term !
Although the title of this article, "Gloomy Outlook on Monero" , left little room for interpretation on our viewpoint of this coin, the contents gave a very specific outline of our expectations. In fact, we not only identified that a crash was near, but gave explicit levels for what to expect and where we could anticipate support. The level we called out, $106, ...
Monero has just broken the 1D Triangle pattern (RSI = 46.663 but Highs/Lows = -0.5639, B/BP = -3.4316, STOCH = 26.172) as it hit the Lower High limit on the 1W Falling Wedge (MACD = -24.635, Highs/Lows = 0.0000, B/BP = -14.6106). We expect now the 1D to gradually develop a Channel Down that will get further downside confirmation on 96.192. We thus remain short on ...
Broke long-term resistance line
Very similar to a diamond reversal pattern
or it can be just a symmetrical triangle
Pattern is bullish with this trade
What we need is to stay above that trend line which will confirm bullish movement, otherwise we will see demand zones
If you enter today have tight SL. Define how much you can afford to risk and go between 5% - 10% in SL from entry
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to ...