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Monero

Don't miss the great buy opportunity in XMRBTCTrading 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. . The RSI is at 71. Take Profits: TP1= @ 0.00939 TP2= @ 0.01030 TP3= @ 0.01140 SL= Break below S2
Long
by ForecastCity_EU
1
Don't miss the great buy opportunity in XMRUSDTrading 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 resistance. . The RSI is at 60. Take Profits: TP1= @ 59.85 TP2= @ 66.80 TP3= @ 81.60 SL= Break below S2
POLONIEX:XMRUSDLong
by ForecastCity_EU
2
Don't miss the great buy opportunity in MONEROTrading 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. . The RSI is at 45. Take Profits: TP1= @ 97.00 TP2= @ 106.25 TP3= @ 120.87 SL= Break below S2
BITFINEX:XMRUSDLong
by ForecastCity_EU
A second Chance to Buy in XMRUSDMidterm 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 suggested support line (98.50). if so, traders can set orders based on Price Action and expect to reach short-term targets. *If you missed our first HUNT, you have a second chance to buy above the suggested support line (98.50). Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Trade Setup: We opened 14 BUY trade(s) @ 49.70 based on '2-Day Hammer' entry method at 2019.03.12. Total Profit: 74244 pip Closed trade(s): 20380 pip Profit Open trade(s): 53864 pip Profit Closed Profit: TP1 @ 56.70 touched at 2019.03.31 with 700 pip Profit. TP2 @ 65.50 touched at 2019.04.02 with 1580 pip Profit. TP3 @ 76.30 touched at 2019.04.02 with 2660 pip Profit. TP4 @ 88.65 touched at 2019.05.15 with 3895 pip Profit. TP5 @ 100.00 touched at 2019.06.19 with 5030 pip Profit. TP6 @ 114.85 touched at 2019.06.22 with 6515 pip Profit. 700 + 1580 + 2660 + 3895 +5030 + 6515 = 20380 Open Profit: Profit for one trade is 117.03 (current price) - 49.70 (open price) = 6733 pip 8 trade(s) still open, therefore total profit for open trade(s) is 6733 x 8 = 53864 pip All SLs moved to Break-even point. Take Profits: TP7= @ 137.95 TP8= @ 149.10 TP9= @ 168.70 TP10= @ 230.10 TP11= @ 298.90 TP12= @ 372.35 TP13= @ 447.10 TP14= Free
KRAKEN:XMRUSDLong
by ForecastCity_EU
1
A second Chance to Buy XMRETH ...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. *There is still a possibility of temporary retracement to suggested support line (0.483). if so, traders can set orders based on Price Action and expect to reach short-term targets. *If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.483). Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Trade Setup: We opened 8 BUY trade(s) @ 0.28887253 based on 'Valley' entry method at 08.11.2018. Total Profit: 130523966 pip Closed trade(s): 84976482 Profit Open trade(s): 45547484 Profit Closed Profit: TP1 @ 0.310 touched at 08.13.2018 with 2112747 Profit. TP2 @ 0.339 touched at 08.18.2018 with 5012747 Profit. TP3 @ 0.374 touched at 08.31.2018 with 8512747 Profit. TP4 @ 0.455 touched at 09.03.2018 with 16612747 Profit. TP5 @ 0.512 touched at 09.06.2018 with 22312747 Profit. TP6 @ 0.593 touched at 09.12.2018 with 30412747 Profit. 2112747 + 5012747 + 8512747 + 16612747 + 22312747 + 30412747 = 84976482 Open Profit: Profit for one trade is 0.51660995 (current price) - 0.28887253 (open price) = 22773742 2 trade(s) still open, therefore total profit for open trade(s) is 22773742 x 2 = 45547484 All SLs moved to Break-even point. Take Profit: TP7= @ 0.697 TP8= Free
XLong
by ForecastCity
A trading opportunity to buy in XMRBTCTechnical analysis: . MONERO/BITCOIN 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 resistance. . The RSI is at 40. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0160 to 0.0151). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0160) Ending of entry zone (0.0151) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0172 TP2= @ 0.0180 TP3= @ 0.0191 TP4= @ 0.0211 TP5= @ 0.0220 TP6= @ 0.0232 TP7= @ 0.0249 TP8= @ 0.0262 TP9= @ 0.0296 TP10= @ 0.0320 TP11= @ 0.0341 TP12= Free
Long
by ForecastCity
There is a possibility for the beginning of an uptrend in XMRBTCTechnical analysis: . MONERO/BITCOIN 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. . The RSI is at 62. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0153 to 0.0141). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0153) Ending of entry zone (0.0141) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0167 TP2= @ 0.0180 TP3= @ 0.0191 TP4= @ 0.0200 TP5= @ 0.0211 TP6= @ 0.0220 TP7= @ 0.0232 TP8= @ 0.0249 TP9= @ 0.0262 TP10= @ 0.0273 TP11= @ 0.0304 TP12= @ 0.0320 TP13= Free
Long
by ForecastCity
A second Chance to Buy in XMRUSD ... 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: While the RSI uptrend #1 is not broken, bullish wave in price would continue. The price is above the 21-Day WEMA which acts as a dynamic support. Relative strength index (RSI) is 50. New trading suggestion: The price is in a range bound and we forecast the uptrend would resume. There is still a possibility of temporary retracement to suggested support line (110). if so, traders can set orders based on Price Action and expect to reach short-term targets. If you missed our first HUNT, you have a second chance to buy above the suggested support line (110). Entry signal: Signal to enter the market occurs when the price comes to "Support line" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 11 BUY trade(s) @ 89.47 based on ' Valley' entry method at 08.15.2018. Total Profit: 25712 pip Closed trade(s): 5606 Profit Open trade(s): 20106 Profit Closed Profit: TP1 @ 105.00 touched at 08.27.2018 with 1553 Profit. TP2 @ 130.00 touched at 08.27.2018 with 4053 Profit. 1553 + 4053 = 5606 Open Profit: Profit for one trade is 111.81 (current price) - 89.47 (open price) = 2234 9 trade(s) still open, therefore total profit for open trade(s) is 2234 x 9 = 20106 All SLs moved to Break-even point. Take Profit: TP3= @ 149.00 TP4= @ 170.00 TP5= @ 192.00 TP6= @ 227.00 TP7= @ 258.00 TP8= @ 298.00 TP9= @ 378.00 TP10= @ 469.00 TP11= Free
KRAKEN:XMRUSDLong
by ForecastCity
A trading opportunity to buy in BCNXMRTechnical analysis: . BYTECOIN/MONERO 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. . The RSI is at 52. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0000182 to 0.0000154). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0000182) Ending of entry zone (0.0000154) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0000223 TP2= @ 0.0000263 TP3= @ 0.0000292 TP4= @ 0.0000343 TP5= @ 0.0000445 TP6= @ 0.0000612 TP7= @ 0.0000736 TP8= Free
BLong
by ForecastCity
There is a possibility for the beginning of an uptrend in XMRUSDTechnical analysis: . MONERO/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 39. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (84.00 to 73.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (84.00) Ending of entry zone (73.00) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 105.00 TP2= @ 130.00 TP3= @ 149.00 TP4= @ 170.00 TP5= @ 192.00 TP6= @ 227.00 TP7= @ 258.00 TP8= @ 298.00 TP9= @ 378.00 TP10= @ 469.00 TP11= Free
KRAKEN:XMRUSDLong
by ForecastCity
There is a possibility for the beginning of an uptrend in BCNXMRTechnical analysis: . BYTECOIN/MONERO 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 resistance. . The RSI is at 45. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0000182 to 0.0000154). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0000182) Ending of entry zone (0.0000154) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0000223 TP2= @ 0.0000263 TP3= @ 0.0000292 TP4= @ 0.0000343 TP5= @ 0.0000445 TP6= @ 0.0000612 TP7= @ 0.0000736 TP8= Free
BLong
by ForecastCity
A trading opportunity to buy in XMRUSDTechnical analysis: . MONERO/DOLLAR 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. . The RSI is at 56. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.283 to 0.227). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.283) Ending of entry zone (0.227) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.310 TP2= @ 0.339 TP3= @ 0.374 TP4= @ 0.455 TP5= @ 0.512 TP6= @ 0.593 TP7= @ 0.697 TP8= Free
XLong
by ForecastCity
1
There is a possibility for the beginning of an uptrend in BCNXMRTechnical analysis: . BYTECOIN/MONERO 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 resistance. . The RSI is at 33. . While the RSI downtrend is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0000202 to 0.0000170). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0000202) Ending of entry zone (0.0000170) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0000232 TP2= @ 0.0000259 TP3= @ 0.0000292 TP4= @ 0.0000352 TP5= @ 0.0000455 TP6= @ 0.0000620 TP7= @ 0.0000738 TP8= @ 0.0000888 TP9= Free
BLong
by ForecastCity
There is a possibility for the beginning of an uptrend in XMRBTCTechnical analysis: . MONERO/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0157 to 0.0147). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0157) Ending of entry zone (0.0147) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0180 TP2= @ 0.0191 TP3= @ 0.0200 TP4= @ 0.0211 TP5= @ 0.0220 TP6= @ 0.0232 TP7= @ 0.0249 TP8= @ 0.0262 TP9= @ 0.0273 TP10= @ 0.0304 TP11= @ 0.0320 TP12= Free
Long
by ForecastCity
There is a possibility for the beginning of an uptrend in XMREURTechnical analysis: . MONERO/EURO 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 resistance. . The RSI is at 47. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (109 to 91). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (109) Ending of entry zone (91) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 126.00 TP2= @ 146.00 TP3= @ 181.00 TP4= @ 243.00 TP5= @ 295.00 TP6= @ 350.00 TP7= @ 420.00 TP8= Free
Long
by ForecastCity
A trading opportunity to buy in XMRUSDTechnical analysis: . MONERO/DOLLAR 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 resistance. . The RSI is at 46. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (130.00 to 106.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (130.00) Ending of entry zone (106.00) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 149.00 TP2= @ 169.00 TP3= @ 192.00 TP4= @ 228.00 TP5= @ 258.00 TP6= @ 298.00 TP7= @ 331.00 TP8= @ 378.00 TP9= @ 469.00 TP10= Free
KRAKEN:XMRUSDLong
by ForecastCity
There is a trading opportunity to buy in XMRUSD Technical analysis: . MONERO/DOLLAR is in a range bound but the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 54. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased. Trading suggestion: . We have already opened 10 BUY trade(s) @ 126.17 based on 'Two-Day reversal candle (Hammer in D2 time frame)' entry method at 2018.06.29 in our suggested support zone (130.00 to 106.00). Beginning of entry zone (130.00) Ending of entry zone (106.00) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 149.00 TP2= @ 169.00 TP3= @ 192.00 TP4= @ 228.00 TP5= @ 258.00 TP6= @ 298.00 TP7= @ 331.00 TP8= @ 378.00 TP9= @ 469.00 TP10= Free
KRAKEN:XMRUSDLong
by ForecastCity
A trading opportunity to buy in XMRBTCTechnical analysis: . MONERO/BITCOIN is in a downtrend and beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. Trading suggestion: . The price is in a downtrend and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.0181 to 0.0170). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0181) Ending of entry zone (0.0170) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0200 TP2= @ 0.0211 TP3= @ 0.0224 TP4= @ 0.0232 TP5= @ 0.0249 TP6= @ 0.0262 TP7= @ 0.0273 TP8= @ 0.0304 TP9= @ 0.0320 TP10= Free
Long
by ForecastCity
A trading opportunity to buy in Monero ...Technical analysis: . MONERO/BITCOIN is in a downtrend and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. . The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. Trading suggestion: . The price is in a downtrend, but we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.0210 to 0.0200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0210) Ending of entry zone (0.0200) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0224 TP2= @ 0.0232 TP3= @ 0.0249 TP4= @ 0.0262 TP5= @ 0.0273 TP6= @ 0.0304 TP7= @ 0.0320 TP8= @ 0.0356 TP9= Free
Long
by ForecastCity
A Long-Term Trading Opportunity To Buy in Monero/Euro ...Technical analysis: . MONERO/EURO is in a Down Trend and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (132.0 to 116.0). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (132.0) . Ending of entry zone (116.0) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 157.0 TP2= @ 188.0 TP3= @ 210.5 TP4= @ 243.3 TP5= @ 268.2 TP6= @ 304.1 TP7= @ 355.5 TP8= @ 420.6 TP9= Free
Long
by ForecastCity
A good opportunity to buy in Monero, let's hunt it togetherTechnical analysis: . MONERO/BITCOIN is in a Range Bound and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.0235 to 0.0224). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (0.0235) . Ending of entry zone (0.0224) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0250 TP2= @ 0.0260 TP3= @ 0.0273 TP4= @ 0.0304 TP5= @ 0.0320 TP6= @ 0.0356 TP7= Free
Long
by ForecastCity