💡Don't miss the great buy opportunity in XMRBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (404000).
. 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 63.
Take Profits:
TP1= @ 497000
TP2= @ 540000
TP3= @ 580000
TP4= @ 630000
TP5= @ 715000
SL= Break below S2
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Monerobitcoin
💡Don't miss the great buy opportunity in Monero/BitcoinMidterm 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 trough at 0.00625 on 2020-12-21, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
A trough is formed in daily chart at 0.00625 on 12/21/2020, so more gains to resistance(s) 0.00705, 0.00755 and maximum to Major Resistance (0.00815) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 49.
Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.00625 to 0.00600). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.00625)
. Ending of entry zone (0.00600)
Take Profits:
TP1= @ 0.00705
TP2= @ 0.00755
TP3= @ 0.00815
TP4= @ 0.00865
TP5= @ 0.00945
TP6= @ 0.01170
TP7= @ 0.01400
TP8= @ 0.01600
TP9= @ 0.01900
TP10= @ 0.02300
TP11= @ 0.02565
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Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
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
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
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
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
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
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
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
XMRBTC , TP3 hit with 2961600 profit. NEW Buy Opportunity...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 comes to "Buy zone" then forms one of the reversal patterns, whether "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 6 BUY trade(s) @ 0.02503900(day close price) based on 2-day reversal candle (2-day Hammer ) at 03.28.2018 .
Total Profit: 2961600
Closed trade(s): 1008300 Profit
Open trade(s): 1953300 Profit
Closed Profit:
TP1 @ 0.0270 touched at 04.18.2018 with 196100 Profit.
TP2 @ 0.0278 touched at 04.18.2018 with 276100 Profit.
TP3 @ 0.0304 touched at 04.20.2018 with 536100 Profit.
196100 + 276100 + 536100 = 1008300
Open Profit:
Profit for one trade is 0.03155000(current price) - 0.02503900(open price) = 651100
3 trade(s) still open, therefore total profit for open trade(s) is 651100 x 3 = 1953300
All SLs moved to Break-even point.
Take Profit:
TP4= @ 0.0320
TP5= @ 0.0356
TP6= Free
Technical analysis:
Monero/Dollar is in an up trend and Continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 70.