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Xmr

A Good Trading Opportunity to Buy in Monero ...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 Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (196) . Ending of entry zone (153) 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= @ 230 TP2= @ 258 TP3= @ 298 TP4= @ 329 TP5= @ 378 TP6= @ 469 TP7= Free
KRAKEN:XMRUSDLong
by ForecastCity
XMRUSD ,TP2 hit with 27491 pip profit. The new Buy opportunity..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 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 7 BUY trade(s) @ 207.52(day close price) based on a reversal candle ( Hammer ) at 03.18.2018 . Total Profit: 27491 Closed trade(s): 7296 Profit Open trade(s): 20195 Profit Closed Profit: TP1 @ 230 touched at 04.18.2018 with 2248 Profit. TP2 @ 258 touched at 04.20.2018 with 5048 Profit. 2248 + 5048 = 7296 Open Profit: Profit for one trade is 247.91(current price) - 207.52(open price) = 4039 5 trade(s) still open, therefore total profit for open trade(s) is 4039 x 5 = 20195 All SLs moved to Break-even point. Take Profit: TP1= @ 230 TP2= @ 258 TP3= @ 300 TP4= @ 330 TP5= @ 378 TP6= @ 469 TP7= 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 61.
KRAKEN:XMRUSDLong
by ForecastCity
BITCOIN TREND REVERSAL Trading was volatile and bitcoin was about 11 percent higher near $7,680 as of 9:36 a.m.The sudden jump forced traders who had bet against the cryptocurrency to buy back into the market. "Once bitcoin broke higher, shorts were squeezed and forced to cover," said Brian Kelly, CNBC contributor and head of BKCM, which runs a digital assets strategy for clients.Falling wedge, a bullish reversal pattern, meaning an upside break would confirm the tide has turned in favor of the bulls. Pennant formation, a bearish continuation pattern, characterized by lower price highs and higher price lows. A downside break would indicate resumption of the sell-off from $9,050 (March 24 high). So, there are conflicting patterns on the daily chart. That said, the failure on the part of the bears to capitalize on the recent bearish outside-day candle could be an indication of an impending rally. BTC suffered a high volume drop from $7,189 to $6,611 on April 9 (bearish outside-day), engulfing the previous day's price action. However, the follow-through in the next two trading days has not been encouraging for the bears, given that bitcoin moved back well above $6,611.
BITFINEX:BTCUSDLong
by marketcyclescrypto
1
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.
Long
by ForecastCity
XMR Long Swing Trade (D, 240) XMR is bullish all the way since it crossed the 0.0160 Satoshi mark, after 0.0169 Satoshi mark there is no HH or no LL and we can see a tired uptrend i.e HH sequence and there is no LL after 0.0171 Satoshi. We breached the immediate sellers and maintaining grounds above the hash color line S &R. We can expect that price could reach the top of the wedge. But its a Highly risky trade as we have to keep a wider stop loss because we are trading against BTC and BTC has strength. Entry: 0.00000531 TP: 0.0193 Stop loss: 0.0167 Position Size: 1% Risk on your capital/800 Risk/Reward: 1:1 So, less RR. If TP is hit then we will be at 8% profit. Buy from Sellers and Sell from Buyers.
Long
by ReddyShyamShankar