Monero weekly market structure analysis has downtrend still intact. What looked like a trend reversal proved invalid as Sept 2018 highs failed to be overtaken and the bears maintained control.
This is the best opportunity to buy the bottom on XMR. You can either HODL from there to ATH or just a good trade setup with a great RRR.
Manero performance was better than ZCASH AND ETH last few weeks. Price pullback 66$ level with inside bar which I missed. If the price brake out current resistance level 77.5$, Monero can be try 100$. Buy stop : 78.06 Stop Loss : 69.33 TP1 : 88.33 TP2 : 98.33
Precio de Entrada: Stop-loss: Objetivo Mínimo: Objetivo Máximo: Razonamiento: - Niveles de retroceso Fibonacci trazados desde el mínimo hasta el máximo del año en curso. - Soporte a los 73 USD roto. Se buscan operaciones cortas en consecuencia. - El setup consiste en operar el test del nivel invertido. La entrada se encuentra justo por debajo del nivel...
Priceline of Monero / US Dollar cryptocurrency has formed a bullish shark and entered in potential reversal zone. I have defined targets using Fibonacci sequence as below: Buy between: 81.23500000 to 79.22000000 Sell between: 83.88172959 to 88.81193575 Regards, Atif Akbar (moon333)
We got possible falling wedge formation with RSI divergence.If you trade inside the wedge setup your SL on line above resistance or below support. TP1:71.2$ TP2:68.7$ SL: 77.6$ see my previous analysis...
MOnero moves strongly in an upward trend. Technical indicators confirm the price action. Next resistance level is $78
Monero (XMR) developers have fixed a bug involving cryptocurrency hardware wallet Ledger that created user funds seem like they’d disappeared, they confirmed on social media on 8th April. Reported in early March, the bug, that Ledger originally thought to be a synchronization problem, first came to light when a user’s balance failed to react to an incoming...
As we can see after reaching second target of AB=CD at 61,8% Fibonacci retracement of AD around 100$, we are facing short-term downtrend. So it is time to identify possible local minimum or reverse zone. Take a look at last downtrend movement. If we create Fibonacci extension of this movement we can see possible support at point 2. This point is also crossed by...
The blue channel's median line offered support 3 times (green arrows), but now it appears to be broken. Further the ABC correction appears to be still in play within the red downward channel RSI dropped below 50 again! Targets are either the greenbox which is the blue channel floor and 0.5 fib retracement OR bluebox which is red channel bottom and 0.618 Fib
make decision after 60 dollar (after complete Wave C go buy )
entry to sell = if the blue zone is broken down tp is shown in fig sl = above the blue zone ....... To receive notifications of entry to the position, join my channel : t.me
The technicals for Monero are mostly bearish at the moment, with a number of patterns suggesting that the XMR / USD pair remains vulnerable to further losses while trading below the $88.00 level. In the near-term, a breakout from the $74.50 to $88.00 levels will almost certainly determine the next strong directional move in the cryptocurrency. After peaking...
Hello traders, It seems as though we are heading towards a more complex correction. We will likely make a triple flat correction combined to make one big complex pattern before we either break down to make a new low or correct the complex flat and reverse into an uptrend. Either way, we will have to re-evaluate the price action as time goes by. If you would...