Lines and connections have been averaged on step-line over log for higher precision. Formation is confirmed (in blue) by multiple points, especially on the 'monthly' interval. The red trend line is unfortunately invalid, as the first peak created too much empty space, which is usually the number one cause for a formation to bust at the end. I used to like Monero...
MONERO/DOLLAR 4 hour trend SHORT
LINEBREAK KONA ALERT - NON REPAINTING
For access to this script, subscribe at the website listed below.
Easy trend following for Japanese candlestick charts like Linebreak, Kagi & Renko.
Live alert for linebreak 15-minute charts (will also adjust to any timeframe)
Exclusive: This exclusive indicator is ideal for traders...
Despite that most of altcoin are strongly bearish on the chart of Moneru we have nice bullish pattern. We can see falling wedge and now price must consolidation before the breakout. Other details are on the chart.
If you are from Czech republic you can visit my website about bitcoin and analysis. : btcweb.cz
I hope you were entertained in September, because OCTOBER appears to be one of those WTF Months.
The reality is we are back in the face of continued bear, that and if true, will be in for some pain.
However, after late drop, we observe a formation of a CHANNEL and possible A-E formation with a new SUPPORT leg at these prices.
As you can see, in this juncture...
Privacy fans will no doubt be intrigued by the rally in Monero (XMR) today. The catalyst for the rally in Monero (XMR) is supposedly related to the fact that Bitcoin, not a privacy coin, was involved in a justice department bust of a massive online child porn operation. According to news, the NY firm Chainalysis helped investigators read transactions on the...
The most resilient coin to the pump and dump, probably because it is actually being used.
Signs of reversal are beginning to show. I'm long vs BTC.
Altcoin markets will begin to form their sucker's rallies and bull traps.
The ones that have proven their worth to the trading algorithms should rally to 50-70% of their respective ATHs over the next 6-12 months.
The...
Monero is one of many protocols that presented excellent opportunity for growth / savings in the last bull run.
Using the strategy I came up with below there were opportunities to capture massive gains.
Stacking crypto responsibly. (of course this is not financial advice)
Apply 50% rule for purchases
- purchase initial position using half the amount you want to...
The ongoing correction in $XMR looks almost done. We have got a new low with Bullish divergence
What are you waiting for? The absolute low? Accumulate!
Target? Wave 3 ~ $270 MOON
#XMR #MONERO #CRYPTO
MONERO - XMR What are you waiting for? Accumulate
The ongoing correction in $XMR looks almost done.
We have got a new low with Bullish divergence
What are you waiting for? The absolute low?
Accumulate Cryptomaniacs
Target? $690 MOON
#XMR #MONERO #CRYPTO
MONERO - XMR What are you waiting for? Accumulate
The risk/return profile is very attractive with the current structure, as shown with the stop just under the current lows (with a daily close; manual stop) and a hard stop set (automated stop).
The weekly chart below shows we are trading in the same range before the second half of the 2017 rally. Accumulation is represented when an asset displays demand...
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