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Monerotrading

XMR 3 Month Heikin Ashi Trend ChartWe have here a trend outlook chart for Monero on a 3 monthly timeframe (Heikin Ashi candlestick chart). XMR is one of a handful of high market cap coins which have showed signs of strength on a variety of indicators (despite high volatility with various other high market cap coins), including the positive MACD and RSI indicators as shown in this chart. In addition, there has been significant buy volume in the 170 - 277 price range, as can be seen in the Price-Volume indicator to the right of the chart, keeping the price up. Monero has withstood the political and economic turmoil in recent months making it a strong contender against some of the largest market cap coins. With the current price sitting at approximately USD$315, there is potential for further upside in the long-term. _____________ This publication and the information contained in it are for educational purposes only, and is not meant to be nor does it constitute financial, investment, trading or other types of advice or recommendations.
KRAKEN:XMRUSD
by PurpleCrypto
#XMRUSD (#MONERO) Looking for the next destinationOn the daily chart, we crossed the 200 moving average line which is a positive sign for further gains on the Monro price, you can see that once the price touched a moving average, it fell but immediately Rose and bypassed the old price and this time broke the moving average 200, one more step forward confirming the strength of buyers and the high demand. From the point of view of indicators, we use the Ichimoku and Stochastic Ichimoku-All the positive signs support the continued strengthening of the Monero Stochastic- we are approaching Overbought which means that there could be a correction of the upward movement. If we turn to the weekly chart, there seems to be strong resistance at 80 in the price of the Monroe and on the monthly chart another resistance in the 90. Since all the signs are positive we recommend buying signals in the long term, for those looking to be more active and not stay too long on a long term position can buy Monroe until the price reaches 80 and then turn a position into a sell position Buy Monero: 72.11 Stop Loss: 65 Take Profit: 80
BITFINEX:XMRUSDLong
by xosignals
$XMR... For Those Who Loves Bluechips In CryptocurrencyI think i don't need to explain a lot about it's fundamental background, Monero is really famous on it's privacy development on crypto even it has a copy cat like Linda Coin. We can say XMR as one of the pioneer for privacy coin in this game. Alright, how do i judge the chart at the moment? Okay, guys, I think this is a good time to scoop monero because of after a dead cat bounce we see there is a healthy correction which a seeking a good support to start the second rally. As the green box is where we actually consider as a zone which juicy to buy but I doubt we can go lower if BTC stabilize above $6.5K - $6.6K so this is your chance. The first fibo touch at 0.236 and i'm looking for the next thing to touch is 0.382 and then straight up to 0.618 with healthy correction in between. I also love another two indicators below is showing a good low. If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot! ------------------------------------------------------------------------- www.tradingview.com Rules: #1 Always obey tradingview.com house rules #2 Always read the description #3 Don't spam on the comment section #4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after #5 My opinions are not financial advice, follow it at your own will and your own risk #6 Together, let's build a better community on this platform -------------------------------------------------------------------------
Long
by blockchaindedi