Hi, there! Monfex is at your service and today we overview XMR/BTC. XMR near the resistance zone and MA also there. And this bullish movement in the last week has been support with a bullish divergence by RSI. A breakout of the key level with confirmation and consolidation of the price above it will be a good trade if this happens in the. XMR/BTC has a poor market structure with low volume and is just treading water right now around BTC. Can the bulls thwart the bears at and reverse this situation? I think so and therefore believe this to be a treasure hunt. Monero has unique qualities and advantages over Bitcoin that people may awaken to in the not too distant future. XMR-BTC is showing the same pattern as ETH-BTC, the price is looking like it will close above the Alligator at this week. The most recent fractal above the Alligator is ! Meaning there's high leverage for an upside move, could be slow could be quick. First target is the point of contorl at - roughly double the current price.
Tradingview xmr btcXmr — TradingView
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 Technical analysis: There is a divergence in RSI and price between the trough at 0.
Confidence, anonymity and anarchy are the concepts that characterize XMR. The voltage of the whole crypto world does not affect this coin at all. Keeping the bottom trend line on December 21, buyers continued their clear growth trend. It seems that she was chosen to hedge losses. It is the last two 4-hour candles that have abnormally high volumes.
This nature Weekly bullish engulfing candle with rejection of the RSI trendline. A fall under support of will send to followed by Up towards news ATH in the coming months Price is making head and shoulders on 1 hour time frame Buy the breakout above 0.
This time it broke the MA last. Previous XMR signal On the small time period 1 hour chart , the price action of Monero XMR is completing final leg of Gartley and soon it will be entered in potential reversal zone. Hello, friends! Just wanna remaind You my previous chart!
For me looks like that! Just look, that the price breakout green zone for the first time since Personally, I don't love the reward to risk in these trades, so I'm not in but if you're invested you can get a decent idea of what to expect going forward. Cheers, Ivan Labrie. Monero is one of the few old-school crypto coins that has not yet made a solid correction in almost a year of growth.
For completeness of the picture, the history of the coin price movement for the last 3 years was schematically added. In fact, XMR attracts users through its anonymity.