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XMRUSD trade ideas

XMRMonero after the surge of 2016 until the beginning of 2018, we entered a correction that started wave 2. But it is not just any wave. It is a complex second wave wave. In which it involves continuation pattern. Pattern cup and handle figure. When we break out of this loop we will see higher high prices. And of course, for that to happen we need to see bitcoin restore prices higher and higher. DISCLAIMER: Please note that my studies portray my personal opinion only and should be considered for educational purposes only. They should not be considered as a recommendation to buy or sell an asset! I am not responsible for any damages to your capital. Your capital is at risk in the equity market.
KRAKEN:XMRUSDLong
by DuhNT
XMR Crab market? potential reversal? I'm a permabull either way!XMR is the most threatening digital asset to "the powers that be" since bitcoin. Unfortunately, monero is a victim of its' own success - the private-by-default currency is so good it naturally attracts the darkside of the economy (darknets, ransomware, et al). However, it is important to note that bitcoin got it's start in exactly the same manner and anyone avoiding purchasing bitcoin under this same logic missed out on 2-3 figure BTC - will history repeat itself and those hesitant of regulatory uncertainty will miss out once again on cheap monero? Or perhaps, more bearishly, bitcoin (& other transparent-ledgers) will simply be pushed to the mainstream with more zeal, as governments cannot afford to have their citizenry educated on monero for it potentially threatens their biggest revenue generation tool: taxation? As we see Monero experience delisting pressures at a time when community metrics and chain metrics are at their peak (in November, we did 11% of bitcoin's monthly tx's in the same month, for example), it is hard to get a grasp on where this coin is truly headed. I hope the true dexes and atomic-swaps that the community is working on come to fruition and can offset some of the delisting pressures. In any case, 0.4% of bitcoin's price while doing 11% of their tx-volume on the same time-frame makes XMR a seriously attractive buy for bitcoin whales even if they just want a small hedge bag. Personally? I think pandora's box has been opened and monero can't go much lower than it already is without an entire market crash bringing everything down with it. Monero is the only coin poised to be able to handle any/all potential crypto regulations thrown at it, as well. In the privacy space, there is no serious competitor. The market is in a game of chicken with the price of Monero. How low can it go? We'll see... They say the market can remain irrational longer than one can remain solvent. But that only applies to margin traders and the overleveraged/overexposed. If you invest properly, you should be able to remain patient longer than the market can remain irrational. That's the real secret. Buy the good stuff, and do nothing - for years potentially - until one day your whole life is different.
KRAKEN:XMRUSDLong
by chickenboye
1
Monero Cup & Candle Potential 🦬 💥 🦬 Hi everyone 👋🏽 🕊 Wish y'all have a profitable lifestyle 🍀 📌 XMR /USDT - WEEKLY Tme-Frame - Heiken Ashi 📌 Fibonacci Channel - CUP and CANDLE Pattern - Cycles 📍MONERO / USDT is looking so bullish based on its possible cup and candle pattern along with cycles it has made 📍Monero is a privacy coin which is one of favorite of those who value their privacy and anonymity ✍🏼 In daily time frame we have created a very precise triangle which I am going to share in the next comment, with breaking this triangle it could be really a good opportunity to have Monero in our bags :) ✍🏼 RSI is in a great position (near 50) in weekly time frame TO BE CONTINUED
POLONIEX:XMRUSDLong
by C_EWAVE13
4