Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (136.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (120.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Monero/Euro XMR/EUR in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...
Midterm forecast:
While the price is above the support 0.00600, beginning of uptrend is expected.
We make sure when the resistance at 0.00815 breaks.
If the support at 0.00600 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
There is a divergence in RSI and price between the trough at 0.0064 on 2020-11-21 and the...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0073). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Monero/Bitcoin XMRBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a...
1) BTCUSD reached all time high so expect a bit of resistance to take a short position .
2) However the longer Time frame trend is bullish .
3) Can trial the profits till 18519 if you're an active trader .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00967). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Second Chance Trade Setup summary:
Profit targets = 449% = {TP5= 20% + TP6= 37% + TP7= 67% + TP8= 128% + TP9= 197%}
Stop Loss = 20%
Reward/Risk > 22.5 : 1
New Trading suggestion:
". There is still a possibility of temporary retracement to suggested support line (100.50) again.
if so, traders can set orders based on Price Action and expect to reach...
Greetings,
I suggest you consider Monero's weekly chart, which was in a downward trend forming a wedge, after the breakage of the wedge +30% there was a rollback and confirmation of support in the zone 61-63. At the moment, a double bottom has formed, the working out of which will give +50% in zone 125, and further if the uptrend will develop targets indicated...
Midterm forecast:
While the price is above the support 26.05, beginning of uptrend is expected.
We make sure when the resistance at 68.20 breaks.
If the support at 26.05 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A peak is formed in daily chart at 67.79 on 05/18/2020, so more losses to support(s) 60.05,...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (60.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
Trading 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.
....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00825). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (52.17). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (86.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support....
Midterm forecast:
98.50 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 74.
New trading suggestion:
*There is still a possibility of temporary retracement to...
Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.
Technical analysis:
. The price is above the 21-Day WEMA which acts as a dynamic support.
. Relative strength index ( RSI ) is 55.
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume....
