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,...
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...
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.
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...
a series of higher lows whilst hitting a resistance is often a sign that, that resistance will be broken.
RSI is also in oversold territory.
however, a h&s is seen with low volume
imo overall bullish.
Compared to other Crypto XMR has not yet really pumped and the retrace on the big BTC dump was not as hard as other Crypto.
If we can break the channel + the resistance around 100$ I see 150$ as a next target.
BTC could ruin the party of course ;)
Time Frame: 1-Day
Monero has shown progressive bullish movement since the clear cloud crossover on March 2019. The end of April and early May saw some bearish testing on the cloud, but resulted in a cloud bounce confirming the strength of the bullish trend. Halfway through May, the bullish sentiment started losing steam, and it appears that the 5th...
I'll be brief.
Top 5 crypto bull run - Yes. Crypto bull run - NO.
If you look carefully, the actual majority of crypto moved almost NOWHERE.
This tells me that this is just this:
Crypto world is still not out of the woods. BTC drop, will...