XMR - ready for leg down?Seeing that the current weakness in price might not be over just yet, I came up with this chart. Please do not consider financial advice. Educational purposes only. Press like if you do ;)
Xmr
XMR Long 414$xmr is trying to follow btc and break down symetrical triangle to next accumlation zone
XMR beat BTC ... My advisor marketMiracle generated a purchase signal for XMRBTC at a price of 0.006578 with a target of 0.007447 for a potential profit of 13.21%
By analyzing the chart you can clearly see how XMR is benefiting from the latest declines on BTC so in my opinion when provided by the advisor on XMR could actually be realized.
The marketSentiment is good and intoned the price should not be late to rise and the BTC has already begun its descent.
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
XMR BUY / SELL ZONES 1 HOUR XMR BUY / SELL ZONES 1 HOUR
See the bottom of the post for more calls and details about us.
🔥 XMR Short-Term Bullish ChannelXMR has been one of the tokens which had the strongest reversal after this week's sell-off. During yesterday's bearish move, the price found support at the bottom trend line of the channel, reversing from it as BTC's outlook became more bullish.
For now, caution is advised. Take profits where you can. Top of the channel is a strong resistance area.
Happy trading!
XMR Liquidity Crisis on Fractionally Reserved ExchangesI took XMRUSD from multiple exchanges, and compared vs Kraken XMRUSD. Why Kraken? Because they have a banking license, and are trying to get a master account at the Fed. They're known for being among the more honest exchanges, and have particularly treated Monero well in the past, by diffusing false regulatory narratives (thanks Jesse Powers!).
This chart is Kraken:XMRUSD, divided by 3 others: Binance, Bitfinex, and Poloniex. These 3 are strongly suspected of price rigging, fractional reserve, and now liquidity problems as a result of selling Monero they don't actually hold. Going on a week, Binance has halted withdraw of Monero to your own personal wallet, along with most other exchanges. Kraken is still good.
So, hypothetically, if these exchanges were suppressing price due to liquidity problems, we might expect to see a divergence where Kraken (who we're assuming is operating honestly), has a higher price than the exchanges doing the suppression. And lo and behold, there it is. Before the big crypto crash happened, the prices on ALL these suspect exchanges diverged significantly, simultaneously showing a lower price for XMR than Kraken.
What does this mean? It's just another indication that these people are fractionally reserved liars and manipulators, who don't want you in Monero; and are experiencing a liquidity crisis. Squeeze the fuck out of them. Price is low anyways. BTFD! *and withdraw your coins to your own wallet!*
🔥 XMR Huge Bullish Channel: ReversalAfter falling for a straight week, XMR has seemingly found support at the bottom trend line of the channel, reversing strongly from it.
In case bullish price action from BTC will persist, we could make a mid-term move towards the top of the channel.
Happy trading!
🔥 XMR Horizontal Channel BounceLike all cryptos, XMR has recently seen a bearish move, following BTC's downfall. As it seems now, BTC has found strong support and is reversing, leading to an incredible green day for the world of crypto.
XMR is currently trading in some form of horizontal channel, where it bounced off the support very recently. This could potential lead to a new short-term bullish push towards the channel top and potentially the current ATH.
Happy trading!
CRYPTOCAP ~ Just for posterity, you can refer back to this laterI wrote a reply to some guy, in some thread, and I think its worth just making a timeline-post here about it.....
Copy/paste:
@ArtfulDodger1974, dont worry nothing here will fall. I can tell you confidently that I do business with whales, HNI, etc --- big and smart money. They are going into crypto big. Just yesterday - an example: Steve Cohen manages $22bn and he is setting up a deal right now to jump in. Big. It wont be publicized much I think, but do a search on it in 2-3 weeks.
I could tell you 20 other big money moves going into crypto - that WERE NOT in crypto previously - and THAT is the really big difference right now.
I am sure you can figure this out, but I'll say it anyway: smart/big money doesnt make moves lightly. When we decide to go into something - we are going to ensure it is the right thing, and it is going to be longterm, and viable, and work. Because our money is what decides that.
I was in crypto with my firm about 1.5 years before these guys that are moving en masse now, so I got a bit of a headstart - but I am certainly no Saylor (the "spokesperson" for instituional crypto asset management, if I can peg a label....).
I have also been in crypto PERSONALLY for slightly longer (about 2.5 years? 3 maybe? not counting that I mined bitcoin in 2013-2014 for fun on all the machines at my office when all my employees went home and I ran it over night --- that wasnt much anyway but it was nice to find that old wallet 4 years later and have a little nest egg I had totally forgotton about).
What we are talking about here is the difference between 100,000,000 (100M) poor working class people with an average of $2000 (thats the # thats been reported on robinhood and all these platforms avg trade volume / users), who will invest in something and sell it on an emotional whim or tweet ---- vs a massively growing list of: family offices + venture capital firms + large priv and public companies + "big" HNIs like musk, zuckerberg, and the next 500 on that list.....
So let me break it down:
100m retail idjits * $2000 = $200bn
there isnt even close to 100m of them - but lets just say 100m to be super generous....
--vs--
+ only 1% of the wealth of the top-500 HNIs = $10T
+ only 1% of the balance sheet of the average $100m+ company = $10T
+ only 5% of the asset management of the average-weighted family office/vc/pe firms = $10T
we could add allot more like pension funds etc
so we're looking at a total of >$30T that is already coming into crypto or will be coming into crypto over the next very short period --- possibly 2 years.
remember:
1 year ago we were a $250bn market cap - that was ALL CRYPTOCURRENCIES!
1 year later (today) we are 10x at $2.2T market cap. bitcoin ALONE is over $1T market cap.
if we do another 5x this by next year? we are a $10T market cap asset class.
I do not believe we are going to SLOW DOWN - I believe we are SPEEDING UP.
We could easily become a $20T asset class before you realize it.
The people, and entities, who decide these things: WE ARE BUYING CRYPTO LIKE CRAZY RIGHT NOW.
Its almost all OTC, which means its not on the exchange orderbooks. None of you see this.
XMR 's headed towards 558 USDThe Miracle Markets Waves for XMRUSD give the information that big players are buying XMR vs USD
Medium players are on the bottom of the curve and will start buy XMR soon.
I see 558 as a good target for Monero in the next days
You can see signals generated from Market Miracle advisor at the page marketmiracleadvisor.com it's free
XMRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has a strong support after the fall and is starting to move upwards. We can buy a step in this area for the above purposes.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Assets moving from Bitcoin to privacy coinsPrivacy coins slowly starting to gain momentum. We're seing a bearish pattern on Bitcoin futures and more and more censorship and fungability issues. Privacy coins expected to rise and make up slower growth in the previous months. We're now seing a breakout from the bearish trend of the XMRUSD/BTC1! ratio with the minimum target of 3x. Sell Bitcoin to buy Monero. Risk = all money invested. Reward = at least 3x if not more.