Technical 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...
Technical 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...
Technical 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...
Technical 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...
Technical 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...
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...
Technical 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...
Long XMR with a short term taget of 0.021358 and 0.002680 BTC level 1)Monero broke the 1 month downtrend channel which is shown in Purple. 2)The immediate resistance will be 0.021358 BTC level which can be considered as a minor resistance. 3)The major resistance will be at 50% Fib. Retracement level. 4)The immediate support will be 0.018025 BTC level. 5)The...
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...
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...
Technical 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...
Technical analysis: . MONERO/DOLLAR 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 38 Trading suggestion: There is a possibility of temporary retracement to suggested support zone (196 to 153). if so, traders can set orders based on...
MONERO / DOLLAR New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. *There is possibility of temporary retracement to suggested support line (200), if so , traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes...
MONERO / BITCOIN New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. *There is possibility of temporary retracement to suggested support line (0.026) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price...
I'm sure Monero will take on itself more Volume and interest in 2018. It looks better than BTC and other "big coins". The future fork also fuels interest in the coin :)
Previous trend easily breached, new trend showing a double top (indicated by arrows) which is a harmonic reversal pattern and could be an indication for bearish price action. MACD saw negative divergence on the double top as well, indicating the trend is losing strength. But the trend just broke out and it is also rational to suggest it is unlikely a correction...
Monero's little brother is about to follow its footsteps and explode on dailies. Privacy will be a big theme in 2018 and Aeon is still undervalued compared to its peer currencies. Monero has seen great interest from portfolio diversification by black money markets who are switching out of BTC and buying non traceable coins liek Monero. I believe coins like...