Monero XMRUSD: Bullish Setup to Catch a Swing Move
XMR dropped nicely to a major daily support cluster.
The price was nicely rejected and now we see a classic bullish accumulation on 4H
with a sequence of equal highs and higher lows.
To catch a bullish continuation, wait for a bullish breakout (4H candle close above) of 227.0 resistance.
Then buy aggressively or on retest.
Your goals will be:
251
272
In case of a formation of a new lower low on 4H, setup will be invalid.
Monero
XMRUSDT - SqueezeA very tradable set-up in our team!
Accumulated position in the blue zone pushes up the resistance level!
P/P - 1/5
You will learn the best place where we can trade this instrument at low risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Hidden bullish divergence targtet $280 back to test the topHidden bullish divergence on the Daily chart on the monero USD chart.
The negative momentum has played out and was bigger this time compared to the last low however it did not manage to push the price lower.
Good opportunity for holding this privacy coinXMR is a privacy-focused cryptocurrency released in 2014. It is an open-source protocol based on "CryptoNote".
XMRUSDTBreakout bull flag chart patter after a retracement to Jan 28th trendline.
Price still in a "squeeze" so will be monitoring increased momentum to the upside before entering a trade
XMRUSDT (MONERO) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- XMRUSDT was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- Price then retraced to the key fibonacci retracement levels (0.5 - 0.618 - 0.786).
- The retracement is bounded in the bullish flag pattern.
- There's an uptrend potential.
BUY ENTRY ⬆️
- Breakout above the bullish flag's resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Fibonacci extension levels.
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
MONERO HEAD AND SHOULDERSHi there crypto pals.
Monero is adjusting along with the market.
It formed an head and shoulders pattern.
Check the chart for values!
Monero Golden Cross inboundQuickpost on XMR as a golden cross is due very shortly and my operating assumption is that after that concludes we should expect to see XMR get a good pump. ETH on the chart below had a golden cross around $600 and now it has done about a x3 in just a couple of months. I expect monero will be even more volatile and we would see even higher gains and I could show you why, but this is just a quick post. Ultimately, I hope to see ATH for XMRBTC and XMRETH. Just because it is taking a slight beating right now doesn’t mean the macro situation isn’t very bullish.
Monero XMR Prepare For SellOffThe crypto market is living its last bubble days.
The prices do not reflect any fundamentals.
Cryptos are pure retail investments gambling at this point.
Monero XMR Market Cap $4,444,410,296
vs
Biggest German Bank, Deutsche Bank 23.864B Market Cap
Moderna - saves the world from Covid-19 - 69.146B Market Cap
Ebay - Market Cap 42.174B
FORD - 42.174B MARKET CAP
When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends.
When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing.
If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
MONERO ON AN ASCENDIND CHANNELHy there. Monero is inside an ascending channel. Currntly on the buy price.
I'm feeling bullish about monero!
XMR finding support and starting its next leg upwards 🚀XMR seems to have broken out of this ascending triangle quite early and we were hoping for another rejection of this resistance as it would have made setting a momentum long order very interesting.
Seeing as this did not happen and XMR broke up earlier that expected I was not willing to trade it but it is already back at the top of this ascending triangle which can be a great test of support.
If XMR does find support here I would look at laddering some longs around this area, although if XMR can't hold this support level I would be looking at the 230 dollar area as another support level to ladder some long orders.
XMR to 300XMR testing the median level of the pitchfork.
The bullrun continues, monero hits 300 mark !
$PART looking goodParticl is a eCommerce plateform Amazon-like that preserves completely the privacy of the trades.
Particl is PoS Bitcoin with Monero privacy
$PART is a privacy coin used for the marketplace and also used for the gas fees. $PART is also a gouvernance token.
When you see the market share of privacy coin like $XMR $DASH and $ZEC they worth more than BILLIONS marketcap you can see than $PART is truly underrated with only 14M mcap.