Author

Topic: [XMR] Monero Speculation - page 1812. (Read 3313576 times)

legendary
Activity: 1092
Merit: 1000
August 06, 2015, 10:51:14 AM
"BE LONG, STAY LONG"

Hello all!  Thought this would be an appropriate time to share:

On 7/10/2015 we (BullBear Analytics) issued a trade idea - **Monero ProTrade [Issued on 7/10/2015]**: Get long at current levels, ~0.0018, with a stoploss at 0.00165 and an initial target of 0.0026. The next level of resistance would come in around 0.0035 if a breakout occurs.

Then on Tuesday, we issued the following report:

https://i.imgur.com/tkVytsK.png

These reports are for Premium subscribers only, but I wanted to share with the community this time around  Grin  We are not there yet, but things are looking very good technically.

Reply if you have any questions or comments!  Cheers!


bullbearanalytics.com

You can make money also by following me. It is a premium thing but for free.
legendary
Activity: 1834
Merit: 1019
August 06, 2015, 10:49:53 AM
Looks to me xmr is being used as an hedge against btc.
In other words; btc down, xmr up.
Can someone confirm my thoughts on this?
thnx in advance

What do you think? If some asset A is priced by another asset B, what is A's general price relationship to B?
legendary
Activity: 1092
Merit: 1000
August 06, 2015, 10:49:48 AM
Looks to me xmr is being used as an hedge against btc.
In other words; btc down, xmr up.
Can someone confirm my thoughts on this?
thnx in advance

If Monero succeeds it will go up regardless of bitcoin.
Monero should not be dependent on bitcoin - the only connection is you get less btc with your fiat if btc goes up and therefore you are able to pour out less btc also on xmr.

I have sold some coins and was able to fish almost all of them back with a nice discount of around 5 %. And I am willing to increase my position if you guys feel like dumping.  Cheesy
I have some btc left that I acquired today waiting for you all ye dumpsters.  Grin
legendary
Activity: 2100
Merit: 1000
August 06, 2015, 10:49:25 AM
"BE LONG, STAY LONG"

Hello all!  Thought this would be an appropriate time to share:

On 7/10/2015 we (BullBear Analytics) issued a trade idea - **Monero ProTrade [Issued on 7/10/2015]**: Get long at current levels, ~0.0018, with a stoploss at 0.00165 and an initial target of 0.0026. The next level of resistance would come in around 0.0035 if a breakout occurs.

Then on Tuesday, we issued the following report:

https://i.imgur.com/tkVytsK.png

These reports are for Premium subscribers only, but I wanted to share with the community this time around  Grin  We are not there yet, but things are looking very good technically.

Reply if you have any questions or comments!  Cheers!


bullbearanalytics.com
hero member
Activity: 564
Merit: 502
August 06, 2015, 10:45:30 AM
Looks to me xmr is being used as an hedge against btc.
In other words; btc down, xmr up.
Can someone confirm my thoughts on this?
thnx in advance
hero member
Activity: 583
Merit: 500
Bitcoin for all & all for Bitcoin
August 06, 2015, 10:00:22 AM
Waiting for a dip. Surely some whale wants to make a statement and dump 50-100k XMR right? Just let me know when and you can have my BTC.
sr. member
Activity: 453
Merit: 500
hello world
August 06, 2015, 09:58:35 AM


situation allready getting hot. do we need to cool off or is there room for more? volume slowly kicking in, btc moves slow these days, what we see now are just the front runners of this up move Grin

1w macd is green now, dont know if i am ready for fireworks yet, but when is one ready for this anyway Smiley

take care people
hero member
Activity: 714
Merit: 504
August 06, 2015, 09:06:51 AM
Funny how all the trolls disappear when the price is going up...
hero member
Activity: 798
Merit: 1000
August 06, 2015, 07:38:43 AM
0.0024 is resistance from he beginning of June, its not shown but I seem to remember it being a support area back when we dropped off the ath's. Either way a very interesting price zone.
member
Activity: 106
Merit: 10
August 06, 2015, 07:32:22 AM
XMR does not historically like the 200-300 range...

Bloodletting historically was considered to be a cure to diseases, now we know how wrong this idea was. But i guess you are pointing at something....
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
August 06, 2015, 07:32:00 AM
24 was irresistable too.

While traders and hedgers tend to think in terms of btc (cost basis), miners (suppliers) tend to think in terms of local fiat (cost basis).  USD 0.1 and 0.05 increments are psychological levels, probably.  If there are mining hoards in weakish hands the recent 40% rise should coax them out of hiding. If such hoards are depleted, this ramp could run for quite a while.

Amusing: btc is more stable than climbing USD, over the past few months.  Obviously a superior reserve currency Grin

Aside: I am long wheat futures for a nice swing.  Watching oil and gold for capitulation Real Soon Now. When that happens I expect to short EURNOK again.
legendary
Activity: 1610
Merit: 1004
August 06, 2015, 07:31:52 AM
So now we know that 22 is irresistible.  Try 24, see if that is irresistible as well - I double dog dare you.

I tried 24 and it was good...so good.
donator
Activity: 1722
Merit: 1036
August 06, 2015, 07:09:22 AM
XMR does not historically like the 200-300 range...
member
Activity: 106
Merit: 10
August 06, 2015, 06:59:13 AM
I expected a small retrace for today and now got left behind with a ragged BTC bag, merde! This shows that BTC is quietly running out of fuel, if there's no significant move up today or tomorrow i predict a boring squeeze into more sideways- or even downmovement to test the previous lows.

TA aside, XMR's increasing position as a hedge to BTC grows into an important factor, there are obvious indicators that i'm not the only one with this mindset. This could even further push the price up if people realize the huge upside potential of XMR.
hero member
Activity: 700
Merit: 500
August 06, 2015, 05:58:44 AM
Some nice buying and volume going on, currently at resistance so there's a good chance to buy lower the coming days, nothing is guaranteed ofcourse Grin

Next resistance around 0.00268.

legendary
Activity: 1610
Merit: 1004
August 06, 2015, 05:57:19 AM
I think we'll see lots of big buys in this range, as 0.0025-0.003 is where a lot of people (or a few people with lots of XMR) dumped on the way down from 0.0043 in April.

Now that the XMR show is taking off, do you think they'll be content waiting on the sidelines thinking about what could have been?
hero member
Activity: 1032
Merit: 502
August 06, 2015, 05:15:19 AM
Lol, whale games.

Whale show has begun?  Cheesy
hero member
Activity: 770
Merit: 504
August 05, 2015, 11:20:24 PM
Lol, whale games.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
August 05, 2015, 10:50:39 PM
So now we know that 22 is irresistible.  Try 24, see if that is irresistible as well - I double dog dare you.
hero member
Activity: 700
Merit: 500
August 05, 2015, 10:45:36 PM
Me and an other guy on Poloniex put up a wall at 0.0022, minutes later:



Fasten your seatbelt guys!
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