Monero was get on the rising channel and it looks like its value will increase with time.
if the 275 resistance is broken the target will be up till 300.
it was a note to myself not a investment advice.
Volumetric and cluster analysis shows an increase in demand for XMR from buyers.
Buy entry can be looked for in two ranges :
1) between $298 - $315
2) in case of correction at $258 - $276.
Stop-loss shall be placed under the price of $220
Targets for ascending movement continuation:
Good luck and watch out for the market...
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Everything on the chart.
open pos: market
target: 330 and 350
after first target reached move ur stop to breakeven
stop: ~282 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2.2
Good luck everyone!
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Very bullish from this tweet:
"COMIT just got finished building out the initial protocol for atomic swaps, a trustless way to swap between #Bitcoin and #Monero, and now a Monero dev just built out a trustless, decentralized way to "pool mine" Exploding head" -@sethforprivacy
See chart. MACD looks very healthy.
XMR is a decentralized cryptocurrency. It uses a public distributed ledger with privacy-enhancing technologies that obfuscate transactions to achieve anonymity and fungibility. Observers cannot decipher addresses trading monero, transaction amounts, address balances, or transaction histories.
ABC down after 5 wave impulse.
Looks like some bullish sign on Monero daily chart.
Overall market are still moving in sideways.
Do you think market will go up from here, or it will continue to sideways and probably going down further? Comment below.