All in on XMR BINANCE:XMRUSD
Im longing XMR (Monero) - Exchanged all my ETH + BTC into XMR
I love the concept behind it and how its the only true Crypto left
The Colonial Pipeline ransom was paid in an 'untraceable cyrpto currency', most likely XMR, so thats a solid proof of concept behind the idea of this currency
I felt this was a nice dip to enter in at - $6B Market Cap so good amount of room to grow
Monero
XMRBTC - Aiming higherMonero seem to be changing its Market structure at the weekly timeframe - All dips are for buying.
The area between 8000 - 7000 offers a great entry point. There is a confluence between high volume node and important SR levels + Fib levels.
I would hold it long term and start taking profits above 12000
#xmr #monero #btc #trading #crypto #tradingidea
XMRUSDT LONGXMR is bullish.... on the daily timeframe market is in strong uptrend and has recently broke above the previous daily high with a strong impulse to the upside which has now been followed by a nice correction. The correction has hit the 0.618 fibonacci which also aligns nicely with structure, now im expecting to see the continuation to the upside. On the 4hr timeframe market has also just broke above the previous low and formed a new higher high, we can execute our long on the retest of this zone.
XMRBTC - 4h BUY NOWit would surprise me if this pair would plummit.
I LOVE THIS CHART
Price is moving away from the red diagonal line.
on the daily chart the same evolution btw
🤞🤞🤞
🍀
XMRBTC - SOOO BULLISHI think this chart speaks for itself
Thanks to the Gaussian
Mostly I don't use it on charting bcs it complicates things
(I do check it though)
bus this time
everything is far enough apart
AND
everything points UP
(if Gaussian is green/red for a relatively longer period than it tends to stay the same colour for a relatively long period)
no contra-indications
except possible H&S but on 4h it looks good so I'm not worried.... yet
PRETTY SURE IT WILL GO A LOT HIGHER
SUCCESS
🍀🍀🍀🍀
NFA - DYOR (it's fun)
XMR: 1M - 1.6M - 2.1M - 3M stsMonero is privacy coin King, it can reach 3M sts in this bullrun.
1M - 1.6M - 2.1M - 3M are important price levels.
💡Don't miss the great buy opportunity in XMRUSD @monero
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (458).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
Take Profits:
TP1= @ 492
TP2= @ 518
TP3= @ 555
TP4= @ 608
TP5= @ 662
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
A 18-step analysis of the last 6 month in the Crypto Market1. BTC Cycle
2. ETH Cycle triggered by diversification of BTC investors and new theme (DeFi in this case)
3. People by ETH to buy DeFi tokens
4. DeFi Cycle (UNI)
5. People buy DeFi tokens on biggest exchanges
6. Exchange Cycle (BNB)
7. BTC, ETH and DeFi investors convert their gains into Privacy Coins
8. Privacy Cycle (XMR)
9. People by ETH to buy NFT tokens
10. NFT Cycle (THETA)
11. People buy NFT tokens on the biggest exchanges
12. Exchange Cycle (BNB)
13. DeFi + NFT Cylces are cooling down and people are looking for the “next thing”
14. People buy First Mover tokens which are existing for multiple years
15. First Mover Cycle (ETC)
16. NFT, Exchange and First Mover investors convert their gains into Privacy Coins
17. Privacy Cycle (XMR)
18. BTC Cycle starts again
Summary:
Starting out with BTC, the crypto market moves in “Theme Cycles” like DeFi, NFT and First Mover.
Beneficiaries (besides the Theme Cycle Leaders) are protocols which these tokens are built on – most of the time Ethereum.
Gains are often converted into privacy tokens.
As “enabler” to get access to these themes, exchanges always win since the transaction volume is increasing independently if prices spike or break down.
Investment-Theses: BTC, ETH, BNB and XMR are amazing long-term holdings – independent in which “Theme Cycle” we are in.
Xmr Broken Bullish FlagXmr has broken the Bullish Flag and we can now see it's movement upward ⬆️
Thanks
XMR.USDT (Y21.P3.E1).Stalking.Looking strongHi All,
Monero's candlesticks are the only reason I entered this trade.
My advise is for you is, if it breaks that key horizontal resistance, jump in along with the MACD crossing over.
I already entered and I know its wrong... sometimes you convince yourself its bullish.
All the best,
S.SAri
BULLISH - SHORT & LONG TERM - 1d chartupdate of an update
short term : bull div RSI
longer term (june-july):BuLLISH; see my other posts
in other words
I BUY NOW
& put SL
@ 6400
BUT PLEASE
make your own choices
XMRUSD Buy the pull-back for $590.Monero is seen very effectively on the Fibonacci Channel formation but since August 2020 has been trading within a Bullish Megaphone pattern.
The peaks have matched well with the Fib levels of the Channel with the current one being at 2.5.
Every peak is on the 1.618 Fib extension from the previous bottom.
Also every peak is made on or right after the LMACD forms a Bearish Cross.
Right now the LMACD has made a Bearish Cross. Assuming the low of this phase was made on April 23 (otherwise if a new low is made you'll have to readjust the Fib and calculate the extension from that point) and since the Higher Highs trend-line of the Bullish Megaphone was reached, XMRUSD is most likely on a peak. The pull-back should bring a new Higher High at around $590.
Most recent XMRUSD ideas:
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Vergnes
--------------------------------------------------------------------------------------------------------
XMR.UST (Y21.P2.E1).Cradle setupHi All,
XMR looking ripe for a 4 hrly candle to find support on previous ATH resistance.
Smaller time frame we also see a potential breakout as well.
There is 2.5 hrs for the 4 hrly candle to close bullish.
Macd is convergent as well.
s3.tradingview.com
All the best.
S.SAri
XMRBTC - UPDATE - SHORT - 1d chartIn an earlier post i mentioned 8000 as target for labour day (1st of May).
LABOUR DAY CAME SOONER THIS YEAR
This can retrace to 7000's or even 6600's
7400 can hold too
but it's gonna go down in the days following
WHY?
bear div RSI 26th vs 28th of april
H&S could be in the making
I sold half @7777
I will be watching this closely in next couple of days
and hope to fuel up
bcs this goes up BIG TIME
Always speak with two words though
Always keep a close eye on BTC
That M* can ruin it all
And that's why you always need to look for the lowest trend line,
even if she doesn't exist yet
TAKE CARE
LOVE YOU
THORChain & XMR Will Team Up For A Better Stability Of NetworkXMR price traded at $411.50 with a gain of 7.43% in the last 24-hour. Furthermore, XMR coin price bounced from the support of $312. In contrast, the market capitalization stands at $7.3 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the 55-EMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the target price of $500 in future trading sessions.
TP-1: $500
Support: $312
XMRUSDT 4 Hour Analysis (Monero-go long)Monero form a triangle pattern with an ABCD point.
it looks that the correction is finished.
400 $ is a key level to pass and go long with this.
450 and 520 is the next target.
Don't forget money management.