XMRUSDT
[Monero] Little Correction Before RiseMonero is ripe for a 4th wave correction to $110 levels.
I am buying during this wave because the 0.618 fib level is a maximum drop.
Finally a breakout?Monero almost finished the falling wedge pattern (bullish pattern).
Watching the trend line for a breakout.
xmrusdPossible break of a big falling wegde, also on the xmrbtc chart, the trend line has been touched and the price spiked upwards. A break of the correction trend would be a confirmation
MONERO: 2 situations..XMR has finished the second ABC correction and is now busy on the X wave or wave 1.
There are 2 situations:
Wave X:
XMR will gain 100%~ and will drop down further
until a lower low is hit; that will be $80~
Wave 1:
XMR will gain 100%~ and will drop 78.5% percent from wave 1 ($143~).
After that wave 3 will begin (Biggggg bull run)
Either way XMR will gain 100%~ from now. This is a great buy zone.
XMR: ReversalXMR has bottomed out and will reverse soon. Usually ABC corrections will go until the 0.786% fibonacci level (wave 4)
Purple rectangle is a safe buy zone.
XMRBTC (using Bitmex Cobra)Using Bitmex Cobra on shorter timeframes is very profitable! I used the 15min. for this one.
Percent profitable: 78%
Profit Factor: 6.9
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XMR. Rebound on 50 and 100%For a good price bounce we need a liquid price zone, which is $ 85-100. In this zone is not something that slows down the price drop, but you can trade rebound:
1) to the price zone of 120-130 $ (50%)
2) to the tsink zone of 160-190 $ (100%)
Strong buy opportunity. monero $XMRTechnically $XMR has formed 'falling wedge' on both against USD and BTC .
Fundamentally Coincheck is liquidating all the positions on people who still holds XMR.
Both are happening at the same time, this can't be a coincidence based on my personal trading experience.
Trade with care, remember to apply R&R rule on any circumstances to stay consistent overtime.
!!Disclaimer!!
*This is NOT trading advice, you are responsible for your own action.
XMRUSD - Inv. HVF - BEARXMRUSD - Inv. HVF - BEAR
- Orders set
- Low Vol
- Previous setup hit targets
Monero between S&RMonero (XMRUSD) made a recovery on Thursday after dropping for the past week.
Price is now in the middle between support and resistance areas.
If price rallies up to the $150 resistance, we can expect a reaction and a possible drop.
If price continues its decline, we can expect a reaction from the $100 support area.
Good Luck,
CryptoTrendline
XMR/BTCDuring this week, Monero hit the bollinger band's bottom part, therefore it is going to make a regulation when it becomes 25000 Satoshi. However, it is going to in the moment it hits the upper part of the bollinger it is going to provide another opportunity for buyers and later is going to rise again.
XMR/USDT,D, BITTREX - NEARING END OF WAVE 2?August 27th 2017 - December 20th 2017
Growth %: 211%
Growth $: $328.00
December 21st 2017 - November 21st 2018
Conservative Projected Growth %: 70%
Conservative Projected Growth $: $333
Currently bouncing off bottom support of descending triangle, coming into apex very soon. RSI showing signs of a reversal soon. Somewhat oversold at the moment. This could be because of the market movement as a whole or the regulatory status for privacy-centric coins such as Monero in different countries.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
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Monero 1000 USD in may-juneLets be optimistic, but this actually sounds realistic for me. I noticed something funny : looks like we are repeating the may->august period, call me crazy but we are in the last small decline like the one we had between mid-july->mid august before the big rise.
XMR/BTC Oversold on the 4H and approaching 4 month support lineWe are getting oversold on the 4 hour chart. I will enter at the support line at 235000sats with a tight stop loss at 220000. The target will be the top of the channel if we get a reversal so 320000. It is a 4/1 risk to reward ratio on a short-medium term trade.
My main concern is that BTC might hit the 200 moving average (now a resistance) and drop down taking alts with it.
