Trading 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...
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...
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...
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...
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....
On a daily time frame Monero (xmr) looks strong with Bitcoin playing good so far and expected to be the same for next week.
Please buy only when it breaks upwards as that is a confirmation.
Technical 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...
Technical 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...
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/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...
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