Monero
Watch Monero Fly Very bullish from this tweet:
"COMIT just got finished building out the initial protocol for atomic swaps, a trustless way to swap between #Bitcoin and #Monero, and now a Monero dev just built out a trustless, decentralized way to "pool mine" Exploding head" -@sethforprivacy
See chart. MACD looks very healthy.
XMRUSDT Technical Analysis⏳ Spot
💎 XMRUSDT has broken above the symmetrical triangle and it is still moving along the ascending channel. After the retest there is a high chance of trend continuation
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🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 280.0 - 284.0
☕️ TP1 295.0
🍺 TP2 308.0
🍻 TP3 322.0
🍾 TP4 333.0
🍷 TP5 350.0
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 270.0
Good Luck 🎲
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XMR/BUSD Expanding PhaseMonero (XMR) is setting up for a bullrun, just created its second wave of expansion to the upside, holding higher with huge demand, still without making any significant correction, which soundly demonstrates that the market's appetite for Monero is at its very early stages, as central banks keep on steamrolling their stimulae packages, printing money like there's no tomorrow, governments cracking down on fiscal havens, setting a worldwide minimum tax rate, public-blockchain heavyweights like Bitcoin (BTC) & Ethereum (ETH) getting increasingly discredited by those who see their every transactions tracked by IRS or its equivalents, due to conventional banking institutions reporting "know your customer" (KYC) details to the US authorities for tax-evasion mitigation, under the pretense of "anti money-laundering" (AML) & "combating the financing of terrorism" (CFT), which are all state measures to curtail individual liberty and force people to acquiesce to the forced wealth confiscation that conventional finance is accustomed to uphold, all of which is defied by Monero and other privacy cryptocurrencies.
XMRIf XMR successfully breaks the triangle which it is a resistance level at the same time, then the money flow will be green for the next days and I see it can at most goes 70% especially while the XMRBTC pair starts to upward again.
Note: any drop is normal till it stays above the down trend.
Let's see.
Monero Breakout and Targets, Oct 24XMRUSDT downward trend is broken
It's better to wait for a confirmation candle but it's already seems OK
You can see all the resistances on chart ( R1-R2-R3 )
Final target is ATH which is a important technical level
XMRBTC Situation: is getting recover from support level
Monero (XMRUSD): Preparing For a Pump! Your Trading Plan
Hey traders,
Looking for altcoins to buy,
this morning with my students we analyzed Monero.
The market is approaching key daily structure support at the moment.
Steadily falling within a bullish flag pattern, the coin may start growing sharply after its bullish breakout.
You need at least 12H candle close above the resistance to confirm the breakout.
Then a bullish wave will be expected with the initial target being 295 structure.
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Monero XMRUSD - Weekly cup and handle!- It is a right time to buy Monero, because of the cup and handle formation!
- Target is 1:1 fib trend-based extension - in next leg up, so be prepared.
- RSI is ready for a pump and once we reach all time high, we should accelerate in speed.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Monero bearish fakeout, bullish reversal imminent!(a) Chart Overview
> XMR/BTC - DAILY CHART - BINANCE
(b) Analysis
The descending triangle is usually a bearish sign however a fake-out is a strong possibility considering these factors:
Fundametals
> Monero's privacy USP is highly valuable for two main reasons, 1: To avoid discrimination and 2: To maximize security.
> Monero most recently (July 23rd) hit it's highest number of transactions per day
Technicals
> Last time Monero was at this price level we saw a strong bullish rally
> Monero has been hit hard by the April Crypto crash, other coins have recovered but Monero has stagnated, Monero could be a late bloomer.
(c) Conclusion
Monero gets a bad reputation because of the criminal element, however we've seen with Bitcoin that FUD erodes away as the true value dawns on people. Monero is a coin that has lasted a long time (since Cryptonote, October 2013), this proves it has staying power, with the price so low right now, it could be the perfect time to enter.
What do you guys think, would love to hear your thoughts?
DISCLAIMER: Not Professional Advice
DERO coin about to melt faces.This is the most obvious trade i have ever seen. Look at the RSI... look at the project... and right before altseason.
XMR/BTC Bear Market Ending This Summer?I think I successfully called the bottom in my previous monthly idea and we appear to be set up on the weekly for a big move.
best case scenario is charted, a run to 0.016-18. In my opinion, this zone will have a lot of resistance and we will likely see signifigant pullback before inevetiably breaking 0.02 in the fall.
Check out my monthly idea, which is more conservative, and calls for may being red before our pump to ~0.017 occurs in June:
In any case, don't sleep on Monero for the next leg-up.
Obligatory Disclaimer: This is not financial advice. I am not a financial advisor. This is merely my idea/opinion about what could potentially happen in the future. All investments have inherent risk; investing in cryptocurrency is no different, and you are potentially risking your full investment principal.
Buying MONERO! Best Alt For Investment ↗️
Monero is the best altcoin to buy now.
Comparing to all other major coins, it gives perfect potential ROI.
Buy and hold.
Good luck!
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super usdt long position new all time high!!!!see chart
The horizontal rays are TP.
It is not an elliot wave.
Potential retests , bull divergence, cup and handle, respected trendlines
November 1 is a must watch!!
GIANT Cup & Handle on weekly SCRTUSD, golden MacD cross imminentThere have been so many bullish developments on Secret Network lately I don't know where to start. Most recently a bridge was made to Monero allowing XMR holders to participate in private DeFi for the first time on their SecretSwap DEX. Upcoming Terra bridge + IBC transfers to link SCRT to the rest of the bustling Cosmos ecosystem, alongside a major mainnet upgrade in October.
On the chart, we can see a giant cup & handle pattern finally giving us some upside & finality in Q3 & 4 2021. We are also about to see a golden cross & green buy signal on the MacD crypto strat, which in my book is always a good sign!
If the handle plays out well we could see a fantastic run all the way up to the $9.44 range & above, based on the fibonachi retracement at 1.618. However, looking at the performance of LUNA & other Cosmos native coins lately, we could be in for a lot higher!
Looking across the privacy coin sector we can see a lot of undervalued projects with great fundamentals. I will be scouting out some bargains in this overlooked area of the crypto-space, before the big players get in!
Please feel free to message me with any follow-ups :)
NOT FINANCIAL ADVICE, JUST OPINIONS IN THE ETHER
Monero is looking good for a long if this key level holdsMonero has recently broke above a key resistance level & closed above the level on the Daily Timeframe .
A small pullback & retest of the key resistance around the 275 price mark has happened & is currently in accumulation.
RSI on the Daily Timeframe is 57.28, indicating an uptrend whilst still having lots of room before entering overbought territory.
The price is currently above the 50,100 & 200 EMA .
If the price is able to stay above the resistance level mentioned then a long from this area looks good.
Short term target would be the previous local high & resistance marked on the chart at around the 329.5 - 339.9 level.
Possible longer term targets are also shown on the chart.
Not financial advice, just sharing my idea.
Good luck.
🆓Monero (XMR) Oct-9 #XMR $XMRXMR has just rejected from 300$ zone and is coming back to 260$ zone then it could move towards 300$ zone again to conquer this zone to pump strongly up to 340$, 420$ and 500$ zones in this October and November. But if it loses 260$ zone, we will consider buying it back at 220$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 260$ zone
🔴Buy : 260
🔴Sell : 300 - 340 - 420 - 500
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 260$ zone
🔵Sell : 260
🔵Buy : 220
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone