Steemians,
This can be an interesting medium to long term trade. but remember to trade at your own risk, and do your own research.
Place Buy orders of XMR :
- Price: around 0.015 BTC (as per the the Green box in the images below)
- Time: in the short term, coming days/weeks.
Place Sell orders of XMR :
- Price: around 0.023 BTC (as per the the Red box in the images below)
- Time: medium term (around September)
- Or hold for long term because 0.015 is a good entry imo.
Technical Analysis:
figure A: Shows the bigger picture, where we are coming from.
figure B and C: Is a Zoom, to better see the buying and selling levels. We can expect the downtrend to break soon, landing in that green box for a bounce.
If you have any questions or comments feel free to write me. Good luck! ;)
SPARTA!!!
Monero is a long term trade.. It is the escape token.
also as a trader .. monero doesn't really need much technical analysis as unlike many cryptocurrencies monero actually has a USE and will grow naturally. it is one of the most stable coins out there.
glad you found it though
Thanks for your interesting comment @autonomy117 . I do agree that XMR has a very stable growth. It can also react volatile inside this stable growth triangle.
Anyways, right now is a very good entry point for any term.
Congratulations @sparta22! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPI hope people followed my advice :)
Nice post!!
I am resteeming all the posts for that - You should checkout my link once, it will Defenitely help you to growup fast 100% on steemit
https://steemit.com/steemit/@tushargoel/get-resteemed-your-every-post-just-comment-your-name-2017720t132060z
thanks for the spam. you didn't even resteem my post?
hve u commented your name on the post of which i shared the link???? its not a spam just checkout tht okthn decide it ok and read wht i said
If I want to grow up fast on steemit, I'll do it with my posts. by making efforts to post quality content, and earn followers and reputation. (not by playing your silly fake games)
whatever looser :D it takes mind for these skill ..so dont need ur support...haha u got resteemed by me and saying this fake stuff after tht ...looser!!!
When you resteem multiple posts per day. your steemit power reduces and needs to recharge.
@tushargoel what you just said is one of the most insanely, idiotic things I have ever heard. At no point, in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points and may God have mercy on your soul. Fuck you @tushargoel