XMRBTC trade ideas
Monero Is Ready to PumpVery simple TA, Monero has been accumulating for months above the monthly support. Once we close over we should be in for a ride. If you don't have a position and are looking to get in I'd buy the bottom of the accumulation zone, or wait for a breakout and try to catch a retest.
$xmr same new lookJust some attention on emas and Superwaves pro indicator. See what you want to see.
$XMR has managed to push above the 200MA on daily! $XMR has managed to push above the 200MA on daily! Currently retesting the breakout + retesting the breakout of the symmetrical triangle.
Good place to re-entry - assuming Bitcoin does not go for a deeper correction, what i tend to believe right now. Stoch RSI has still room to go higher.
Overall a good setup for XMR that has stayed doormat while the other altcoins of this class had nice prolonged rallies.
$XMR, Pushing up again with increasing volume$XMR
Pushing up again with increasing volume over ~746k sats level (EMA50 acting as support)
Looking good for continuation toward ~851k sats (13%+) w/ UCTS Buy signals on the 2/3D charts
#XMR
$XMR - Breaking Daily descending trendlineBreaking DownTrendLine
Retest Daily MA 200
Bullish Divergence
🔥🔥🔥 Monero sure loves triangles 🔥🔥🔥Things appear to just really be heating up overall, volumes and such picking up, should have another strong leg up..
Monero Breakout Monero is another Altcoin which has broken out of a long term downtrend vs BTC. Privacy coins seem to be of current interest for pumping. Might be worth building a stack of $DSH, $XMR & $ZEC
$XMR, Retesting crossed resistance level at ~746k sats...$XMR
Retesting crossed resistance level at ~746k sats with increasing volume...
UCTS Buy signals active on the 1D/2D/3D charts..
If it bounce from here, flipping this level into support, then aiming for a new leg up with target at ~841k sats (15%)
#XMR
XMR ANALYSIS (LONG OPPORTUNITY INCOMING)
XMR/BTC ANALYSIS
XMR has bounced strongly off the double bottom inside support making this a clear breakout. XMR is showing a small bearish divergence after the recent 2 tops, therefore I expect a small correction down to the 200 MA and possibly dip below into the 7000-7200 sat area. Keep in Mind 200 MA is at 7250 sats about. These are points are key entries to stagger bids in. I expect a further wave back UP after this following the targets at T1 of 7800. Followed by T2 at 8210 sats, and T3 at 8490 sats. The volume has been extreme on the buy end, this final wave should crack the three targets and have a downward trend after. Therefore I do highly recommend taking profit at these levels!
Possible Entires: 7100-7300 sats
XMRBTCXMR just exited this huge falling wedge..
-Volume is huge and growing.
-RSI is in bullish territory showing a strong bullish div.
Just buy and be patient.. =)
XMR Still on track Seems my initial wedge prediction was slightly off and it was in a more traditional pennant, still very bullish.
Xmr MonthlyThe candles have retraced to the Gann 8x1 fib ray and 23.60 % fib - Indicator looks set to cross up - Inverse h&s on the monthly candles - Accumulation zone
XMRBTC Monero is what they try to hide from you.Privacy coins might be a good bet for upcoming months or even years. Among the top few, $XMR Monero chart catches my attention the most. Nice looking indicators (yeah, I love pain). One of the most promissing monthly charts right now from my view. Worth a look.
XMR.btc catches a Bid, but is now approaching Resistance ZonesQuick post to map some upcoming resistance zones.
Perhaps McAfee's shilling on twitter is causing the buying?
Perhaps the Iran situation is causing a run to privacy coins?
Whatever the Force, we can observe/measure the Results.
Currently pushing first strong resistance zone around 74k
The next resistances are at 1k multiples above (roughly).
Sorry for the messy chart, did not have time to clean up.
Drag UP on the PRICE scale to enlarge the overlaps in digits.
Drag RIGHT on TIME scale to see more history/fibs on left.
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See some of my other plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page .
EOS top Call (near perfect plot)
LTC to $150 call (near perfect plot)
BTC $14k call (Near Perfect target, easy trade)
ETH breakout (instant Profits, no drawdown)
BTC bottom 3.1k (caught the EXACT bottom)
ADA breakout (PERFECT targets, massive profits)
ZRX bottom call (200% gain, Perfect target)
XLM breakout (massive Profits, instant Win)
RVN top call (Perfect Target, take profits)
LINK re-entry (caught the spike)
NEO Rocket Launch (great entry, massive profits)
FET top warning (EXACTLY on time)
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
XMR/BTC BUY SIGNALI missed the entry point which was at todays' bottom. Although it is still a good buy trade, especially if it corrects slightly down
Monero on the way to uptrendXMR slowly reversing. Pumped and dumped yesterday, which confirmed it wasn't ready for reversal yet, but time may come soon. Waiting for it at 6900-7000. Than we will see.
Bearish scenario - dump lower to 6450. Or even lower to the bottom of current trade range at 6200.
Bullish scenario - bounce above 6850 and consolidation above 7000. Not expecting it to grow fast, but slowly build the reversal.
XMR/BTC 4h Monero cup & handle strong bullish momentumMonero Research Lab released Triptych on the 6th of January proposing trustless logarithmic-size ring signatures. This could improve coin’s privacy significantly. Also there are plenty of good news suggesting that 2020 might be a good year for privacy coins. Monero has been around for a long time and is inline with Bitcoin, Ethereum, Litecoin and other top currency when it comes to investors trust. Looking at the 4hrs and daily charts we can see a very bullish cup & handle formation. Volume is also picking up. XMR/USD chart is also forming inverse head & shoulders pattern, which is another bullish signal.
XMR/BTC (idea 2), buy after retraceI posted an idea on this earlier, but this seems to be the more likely scenario because I do see some bear div on the hourly TFs, although it is possible both scenarios play-out.
This retrace could happen first and then the pump to 93xx.
These are just my own opinions and should not be considered financial advice, please do your own research.
