This is likely the last bout of downward pressure before we begin to go up exponentially in the month of March, 2020. It's POSSIBLE they could take it up a bit first (bull trap) just before slamming it down between $72.10 to $72.85. This coming "estimated" move down is NOT GUARANTEED. This is only my opinion based on my observation.
What a month a January was, wohoo! I hope you guys held, and sold at good profits :)
I was surely off on some of the fractals of the January, and the patterns was a lot stronger.
We did hit our expected FIB correction price.
No, so what is up with February: It comes down to if either 3-5 or 1-2 bull rally.
Depending on that we are going to have a few...
. There is a possibility of temporary retracement to suggested support line (79.50). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. XMRUSD is in a uptrend and the Continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
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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.
Looking at the daily timeframe , with the two biggest used moving averages, 100ma and 200ma.
'golden cross' about to happen this next week, interesting to see what happens to price. Are we on the verge of altcoin season?
My current target is $113
As always please do your own research, I am not a financial advisor.
We are on the long term resistance. If it breaks out, you can expect 100-120ish or even higher.
Set XMRUSD to your alert. Fundamentally, Monero is better than bitcoin . Give it time and XMR will take over the market. Get in early and HOLD.
trade that beast when it breaks out.
The only issue in this pattern is the lack of volume IMO. Need more volume for a...
hey guys. how is it going? how are you today?
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your support helps me gain a bit more exposure on TV so it's appreciated. thank you.
you probably already know by now.
that I'm not a fan of huge text walls. it's a total waste of time.
we are only interested in real live trades and...
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I expect the completion of the correction for XMRUSD and the continuation of price growth within the framework of wave 5.
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Looks like we have a chance of the White Energy crossing below the 50% level on or around February 15, 2020. Could begin February 14th or possibly February 16th. The reason I'm labeling this a LONG position is for the LONG TERM Upward Pressure I'm seeing in time frames higher than this 3-Day TF. So, do not assume I'm implying to get in this very moment. You're...
I'll bet some taxevaders will be watching closely how this weekly candle will end. Will this candle signal an upcomming trendreversal are not is probably a question that some traders loved to see answered today.
It doesn't really matter to me because I've mined the Xmr I'm holding.
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Good day traders
We got a LONG signal on XMRUSD from SwingBot
Trade Risk: Medium
EMAs : Supporting price action
Stoch RSI: Oversold and crossed up
BuyZone, Possible targets and Stop loss are indicated on the chart
Check out how to use my trade signals in the link below
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