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XMRUSD trade ideas

Don't miss the great buy opportunity in XMRUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (79.50). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XMRUSD is in a uptrend and the Continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 58. Take Profits: TP1= @ 145.90 TP2= @ 120.95 TP3= @ 96.90 SL= Break below S2
POLONIEX:XMRUSDLong
by ForecastCity
12
Don't miss the great buy opportunity in XMRUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (79.50). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XMRUSD is in a uptrend and the Continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 58. Take Profits: TP1= @ 145.90 TP2= @ 120.95 TP3= @ 96.90 SL= Break below S2
POLONIEX:XMRUSDLong
by ForecastCity
14
Potential for Dip to Occur Very Soon Before Continuing Up HigherLooks like we have a chance of the White Energy crossing below the 50% level on or around February 15, 2020. Could begin February 14th or possibly February 16th. The reason I'm labeling this a LONG position is for the LONG TERM Upward Pressure I'm seeing in time frames higher than this 3-Day TF. So, do not assume I'm implying to get in this very moment. You're better off waiting for a likely upcoming dip. I'm still saying $107 to $123 at a MINIMUM but would not be surprised if we got close to $150 at the 2.618 FIB extension by first or second week of April. My Red Vertical Time Line at April 12, 2020 is "tentative" (an estimate) and subject to change as that date approaches based on what the indicators reveal as we approach April 12, 2020. I'm including a screenshot (below) of the cover chart in case TradingView's platform scrunches up the cover chart too much.
POLONIEX:XMRUSDLong
by WyckoffMode
4
Keep an eye on the Monero. The Bitcoin replacementWe are on the long term resistance. If it breaks out, you can expect 100-120ish or even higher. Set XMRUSD to your alert. Fundamentally, Monero is better than bitcoin . Give it time and XMR will take over the market. Get in early and HOLD. or trade that beast when it breaks out. The only issue in this pattern is the lack of volume IMO. Need more volume for a powerful break out. Remember that we are in crypto Volume can pop out of nowhere ...
POLONIEX:XMRUSDLong
by UnknownUnicorn3595641
4
Monero (XMR) Price Prediction 2020 | Complete Long Term AnalysisLong Term Bearish Move: The price action of Monero has been moving down with strong bearish trend since Jan 2018 after hitting the highest price of Dec $477. In the meanwhile it has been giving us many short term and midterm trading opportunities but on a bigger view it has been down and finally touched $38.50 in Dec 2018 that is the lowest price from Dec 2019 up till now which is more than 91% loss. Since Jan 2020 the Bollinger bands on month chart is getting squeezed and priceline is moving sideways indicating that the price action might have found a support here. Formation Of Parallel Channel And Double Bottom: On week chart after hitting the $38.50 price the price action has found the support at $44 and since Dec 2018 the price action is consolidating here and moving sideways. In the meanwhile the candle sticks are moving up and down and formed a parallel channel and the resistance of this channel is at $121. Now we have 9 touches at resistance and 12 touches at support, this channel is very firm as the resistance or support are not broken since Dec 2018. This time after hitting the support the price action is again bounced to hit the resistance soon. Here we have also a double bottom formed by the price action which can lead to breakout and a very strong bullish move. Oscillators and Momentum: On week chart the moving average convergence divergence is turned strong bullish and RSI has already visited the oversold zone since May 2019 to Nov 2019 and when the price action took bullish move in Nov then after some bullish move it took some corrective move and pulled back and went in oversold zone again then turned strong bullish again. This RSI move is very healthy which confirms the firmness of bullish trend on the other hand momentum is also turned strong bullish and we have received this strong bullish signal from momentum after Mar 2018. The Harmonic Move: The strongest signal in favor of bulls is the formation of harmonic bullish BAT pattern on month chart. This pattern was started since Nov 2016 and now it has been completed, lets have a look on the pattern how perfect this pattern is formed: The initial leg (X to A) was started in Nov 2016 and completed in Dec 2017 after 1st leg the price action has retraced between 0.382 to 0.50 Fibonacci (here I have ignored some extra spike), then B to C leg is projected between 0.382 to 0.886 Fibonacci projection of A to B leg and finally we have C to D leg which is retraced between 0.786 to 0.886 Fibonaaci and this is the potential reversal zone of this BAT pattern. Now from this PRZ area we can expect the bullish divergence at any time and realistically the price action can easily hit the 0.382 to 0.786 Fibonacci projection area of A to D leg and the buying and sell targets would be as below: Buy between: $107.43 to $60.58 Sell between: $219.65 to $389.87 So this trade has potential to give upto 357% profit Regards, Atif Akbar (moon333)
BITFINEX:XMRUSDLong
by moon333
The importance of Privacy (long-term analysis)~ Monero is a cryptocurrency that specializes in anonymous transactions. Because of blockchain analysis, various darknet markets were de-anonymized and closed by authorities. It's pretty clear that it is not safe to use Bitcoin for transactions that you want to be anonymous. As a result, these markets and their users are steering away from Bitcoin towards much safer alternatives like Monero. I believe Monero is here to stay, and with the current price of 80USD and a maximum supply of 17 million, I also believe this asset has serious room for growth. ~ What I expect in the long-term: Price is threatening to close above the monthly 21EMA/yearly pivot point. If price closes above the monthly 21EMA (~77), likely see a move to around 110-130 area and higher over time if price closes above that area If price ends up reversing back below the yearly pivot/monthly 10SMA (~70-74) and open new candle below there, likely test the bottom of the consolidation over time (~40-50) ~ If you would like to see more, monthly, possibly weekly analysis please show your interest by following me/liking this post. > This is not financial advice, I'm not a financial advisor. <
KRAKEN:XMRUSDLong
by GucciFlipFlops