XMR MoneroHey guys,
I just entered a long trade in Monero, breaking out of this medium term triangle... Thanks to Sheldon "the Sniper" at Crytpo Banter, I have had a lot of success drawing trend lines, and taking trades henceforth.
I hope this plays out well in our favor.. I hope it goes up to the roof of the triangle, and keeps following this shape..
I want to take profit at levels between 191.30 and 192.90. Don't try to catch the last buck, ladies and gentlemen.
God bless yall, and have great day in Jesus name!
-Thomas
Monero
XMR US draft bill to eliminate anonymous crypto projectsMonero's (XMR) is popular due to its ability to help anonymize users.
The transactions are much more difficult to trace because they use stealth addresses.
But that is not what regulators want for the crypto space.
A leaked copy of US draft bill proposes to eliminate anonymous crypto projects.
DAOs, DeFi and exchanges will be required to legally register in the US!
After XMR hit the $200 resistance, i think it will drop to $137.
Looking forward to read your opinion about it.
XST STEALTH USD : 230x POTENTIAL SETUP, BULL FLAG! $2.80XST STEALTH looks really good in my opinion. This project hasn't not had much attention in the past couple of years but thats what usually happens, then they explode out of no where. XST still has a hard working team and has been active and busy even through the years where XST had little to no interest from the crypto community. They still are pushing on, upgrading, improving, and just working hard on a project they believe in. This one could be a hidden gem. Yes risk is high but reward is much higher in my opinion. Sometimes these project when they run up so fast like Stealth did in 2017, where it went from $.002 (1/5 of a penny) to $1.90 thats a rise of almost 1000x that is 100,000% rise in ONE YEAR! When this happens then a long drawn out correction is necessary and we are nearing the end of this correction in my opinion. What caused XST to climb 100,000% in one year? Obviously there was a reason and some serious interest in it to have that happen. The fundamentals are still there and they are still working, thats all I need to know that this project could absolutely take off again in the future. I'm loading up now cause I think the bottom is in. This is not financial advice this is just my opinion. I am also doing many more little hidden gems I have found that are nearing the end of their corrections, if you are interested follow me and check out the rest of them, and leave me a like and comment if you appreciate this content.. Thank you
XMRUSDT SHORTHello my friends , xmr showing the double top pattern in DAILY TIMEFRAME , so here is the level xmr possibily can reach !
not financial advice
XMR Monero riseMultiple channels have confluence of resistance at 225-228 that price will likely meet if CCI breakouts of its downward trend soon.
Inverse head and shoulders printing with a measured move to 246.
Bitcoin BTC TREND spotted! (and XMR!)After 3 weeks -- we have ourselves a solid trend on the 4H res.
Now this is Bitcoin, obviously. Y'all know I am a die-hard $XMR Monero privacy focused individual that keeps his portfolio geared almost exclusively to that realm of cryptocurrency.
Nevertheless, with that being said, when the market is this uncertain and dare-I-say, f'ing abysmal-- Bitcoin $BTC Big B the boss runs the show unfortunately.
However ! Since that one country invaded that other country back in late February, $XMR Monero has began to simply do its own thing, showing signs of moving AGAINST Bitcoin. I have posted evidence of this throughout all my Monero posts since the end of February. --Hell, it moved against the bossman for almost 6-7 weeks while the rest of the market staggered or tanked. THIS is more of what I want to see.
I apologize about being AMA for a bit. I work for a living, with crypto giving me the opportunity to work a little less and maybe (if the world doesn't end) retire a bit early. Also, with the market being as toast as it was (...is), I am not a short trader. --At least not usually.
♠️🐿🤫
XMRUSDT (MONERO) Daily TA : 06.01.22If you're in profit you can close 50% of your position and just leave the rest of it for more gain . If price can break this resistance the nexty target will be $ 265 .
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 06.01.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
XMR - MMSM - 31.05.22 - Daily SFP around Supply Block -Long-Term Perspective :
narrative:
Price is retesting a daily supply block and created a swing failure pattern with yesterdays monday candle. I assume Resistance to hold until proven otherwise.
Instead of blindly shorting this market I will wait for certain price trigger to get into the trade.
Draw on Liquidity (DOL):
- upside Liquidity is taken
- downside FVG around 188$
Intermediate Perspective :
notes on the chart below
$XMR - Price entered Bullish Breaker - Will Act as support *SMT* My Last XMR Signal did not go as well. However, I believe I found where I went wrong and will be able to correct it with this signal.
*SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
So we have a long term Low High Lower-Lower formation in the upward movement of the price action of the chart. The high candle is the the Breaker. This is part of Smart money theory that's hard to explain without giving a video. But the price at this point should not get lower than the last up candle between 170 and 175. My entrance was 175.50. Stop loss is 169 and aiming bullish for the inverse ofr the 62% around 194.50. Then it might return lower, I'm not sure. But I think this Breaker Will hold and cause a short bullish run at least.
Closer up of the the chart
After it completes the run, The I have a feeling it will have another decent fall into the imbalance belowe the currrent support as seen pictured here:
Lastly, if the price stays near where it is, it is in confluence with the exit of the trade as there is a bearish order block right at the price near 194-195
As for now. I'll be on top of this trade and keep it updated as much as I can. I'm only trading 3 cryptos right now, BTC,ETH, and XMR. We'll see if I'm right this time.
SKILLING:XMRUSD
GATEIO:XMRUSDT
#XMR - Remins Bullish Aiming for Equal HighsI entered around 190, BY THE timr I posted this it was already 194. In tough timers, look to monero to get you out from under. I've been scalping BTC and ETH. bUT Longing Monero aklways at thje right time. Started with a $100 account for fun in futures, nit at $449 in 2 wees.
Now, a larger time frame it did get rejected zt bearish order block (Chart in messae) fahard but rebounded even harder. There's Natural iquidity sitting above the doyble eual highs. That.s where U believe you can take A BULK of you positino off and continue to see where the trade is headed.
HTF CHART
I don't think ETH amd BTC have hit their lows yet, But Monero will be the one to watch as it continues to climb.
MONEROXMR/USDT i see this Rising Wedge Pattern is just broke and i take SHORT POSITION
Entry - 194
TP - 150
SL - 209
XMRUSDT (MONERO) Daily TA : 05.26.22If you're in profit you can close 50% of your position and just leave the rest of it for more gain . If price can break this resistance the nexty target will be $ 265 .
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 05.26.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
XMR - I am bullish on privacy !!The recent crypto melt down has not changed my call on Monero relative to BTC.
I have been shaken out of my position and I already regret it.
The long term outperformance of XMR relative to bitcoin is still valid.
The downturn only provided a strong backtest of the breakout.
PRESENTLY THIS IS A NO BRAINER !
Monero (XMR) - May 23hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(XMRUSDT 1W Chart)
Resistance: around 218.2
Support: 125-156
It is important to be able to walk sideways in the 156-218.2 section.
125.0 and below are likely to enter the mid- to long-term investment area.
(1D chart)
Primary resistance: around 190.0
Secondary resistance: around 218.2
1st support: 156.0-170.6
2nd support: around 125.0
If it fails to move above 190.0, we should see if there is support above 170.6.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Monero the real Bitcoin.Unlike other alts Monero idea was simple and achievable. Take bitcoin -> Make it private. Since then Defi bridges have been created. Visualization ID's is a feature. It is now perhaps the most complete blockchain out there. It is a no-brainer at current prices and if there is a crypto I would bet my last cent house and go homeless for it is Monero.
At current levels it is one of the hardest to mine. In terms of features it is a ready made product with many applications, one of them being the possibility to store ID data in a way that respects privacy! The future of monero is by far the brightest within the crypto industry.
I will die on this hill but by the time my grandkids are old I have 100% trust Monero will be the next gold standard and possibly become a reserve currency.
ETH whales cashing out to XMR? Record XMR/ETH Volume on Binance!Interesting data. This pair has been bleeding for months and suddenly it rebounds with some SERIOUS volume! I haven't seen anything like this.
This is a great sign for Monero I think. A lot of people made a LOT of money off of Ethereum the past couple years. Naturally, when you make money your next goal (after the hookers/cocaine honeymoon period wears off) is to ensure wealth preservation and protection. In the cryptospace, there is no other asset focusing on user protection as much as monero.
I haven't traded any ETH for XMR (because I have very little ETH and I hold XMR already) but I will come back here to check in on this ratio perhaps.
Market Cycles | XMR as an example Hi guys! Please, support this idea and click the LIKE button. Thank you!
You can't just copy & paste the previous cycle and expect the same % return, because trends can't keep the same angle
As the market cap of an asset grows, it becomes harder to move the asset since more capital is required. That’s why in the first cycle we see the wildest uptrends & steepest corrections.
In 2014 Monero (XMR) had a downtrend of -64°
Next Cycle -64° turns into -41° as XMR gains more capital & participants
Now we're in the 3rd downtrend and it's even less aggressive - only -18° (and I expect it to take more time to reach the bottom)
I also like the math: 64-41=23
Every next downtrend is less steep by 23°
41-23=18° - perfectly matches the 3rd downtrend we're currently in
Same math can be applied to the uptrends. So we can expect the next Uptrend have 25° of steepness (it will take several years to reach an ATH)
What does all this mean?
Well, probably you should look for opportunities to participate in the first cycles.
Forget about old coins (since they also lose in technology to new projects and become less relevant) and pay attention to the new ones. Accumulate them after the downtrend 1 and multiply your capital during the following uptrend.
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The information given is never financial advice. Always do your own research