XMR/BTC seems to be in a textbook wyckoff accumulation that is close to breaking out. Monero has been flying under the radar during the past weeks while other cryptos have been rallying like crazy. The fundamentals of this coin are very solid. And now I think we will be seeing a nice rise. Only BTC . Wyckoff_Analytics Oct 3 HHs and HLs on the relative strength ratio XMR:BTC reinforces the idea that we are currently in phase D of a multi-year accumulation on XMRUSD. Short term, price can spring the support of the local trading . Long XMR with a short term taget of and BTC level 1)Monero broke the 1 month downtrend channel which is shown in Purple. 2)The immediate resistance will be BTC level .
Tradingview btc xmrXMRBTC Charts and Quotes — TradingView — UK
The most recent fractal above the Alligator is 0. Meaning there's high leverage for an upside move, could be slow could be quick. First target is the point of contorl at 0. Privacy coins might be a good bet for upcoming months or even years. Nice looking indicators yeah, I love pain. One of the most promissing monthly charts right now from my view.
Worth a look. All description on the chart. Please, don't forget to like and follow. Thank you. But as the MACD is strong bearish and stochastic is in bear cross so we should wait for Monroe is falling in the fifth wave. Forming Falling Wedge. First Key support hit and price bounced after fakeout. Doesn't mean it's not going to tank if BTC drops, but this setup is clean enough to justify a long position.
Please like or leave a comment for thisi s my first analyse Yeah, let's do that. My first target is around Beware of the red trendline, though I'm feeling pretty bullish about the move. I'd put a stop loss at Predictions and analysis. Privacy will do well in the coming years. Looking to take profit around. Trading suggestion:. There is a possibility of temporary retracement to suggested support line 0. Technical analysis:. Chart is looking good. XMR has been a slow and steady performer.
Volume is rapidly increasing to new levels. See Chart. Keep an eye! Monero just hit fibo levels, above 50 ma, good entry point. XMR is about to break its moving average first time after six months.
If the price closes above the line there is no serious resistance until 0. Monero has been flying under the radar during the past weeks while other cryptos have been rallying like crazy.
The fundamentals of this coin are very solid. And now I think we will be seeing a nice rise. Only BTC can prevent this with sharp drop or rise. So use stop-loss at all Videos only. Cleaver Privacy Index. Long on XMR. Monero entry and sell point. Show more ideas.