Pair: XMR/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Low
Introduction
Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on privacy and decentralisation that runs on Windows, macOS, Linux, Android, and FreeBSD. Monero uses a public ledger to record transactions while new units are created through a process called mining. Monero aims to improve on existing cryptocurrency design by obscuring sender, recipient and amount of every transaction made as well as making the mining process more egalitarian.
Technical Analysis
- Bullish Chuvashov fork
- RSI Bullish divergence
- Higher lows
- Good volume
Fundamental Analysis
- Hardfork (March 9th 2019)
Our Entry Zone
0.01200 - 0.01344
Our Targets
1: 0.01409
2: 0.01550
3: 0.01815
4: 0.02200
5: 0.02915+
Our Stop Loss: 0.01149
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Comment your thoughts below.
And most importantly, enjoy your day!
Axsonex Team
------------------------------------------
DISCLAIMER:
Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due-diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page.
Exchange: Binance
Trade Duration: Medium
Risk: Low
Introduction
Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on privacy and decentralisation that runs on Windows, macOS, Linux, Android, and FreeBSD. Monero uses a public ledger to record transactions while new units are created through a process called mining. Monero aims to improve on existing cryptocurrency design by obscuring sender, recipient and amount of every transaction made as well as making the mining process more egalitarian.
Technical Analysis
- Bullish Chuvashov fork
- RSI Bullish divergence
- Higher lows
- Good volume
Fundamental Analysis
- Hardfork (March 9th 2019)
Our Entry Zone
0.01200 - 0.01344
Our Targets
1: 0.01409
2: 0.01550
3: 0.01815
4: 0.02200
5: 0.02915+
Our Stop Loss: 0.01149
Don't forget to hit that like button and give us a follow, we really appreciate it!
Comment your thoughts below.
And most importantly, enjoy your day!
Axsonex Team
------------------------------------------
DISCLAIMER:
Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due-diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page.
評論:
Target 1 Achieved
