Monero
Monero (XMR) formed Gartley pattern for upto 37% moveHi dear patrons, hope you are well and welcome to the new update on Monero (XMR) with Bitcoin pair.
On a daily time period chart, the price action of XMR coin with Bitcoin pair has completed the formation of another bullish harmonic Gartley pattern .
This trade has a profit possibility up to 37% and the loss possibility is 10%.
Note : Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
xmrbtcXMR BTC pair in great uptrend channel can move easily 60% up
try to buy it, it's still cheap and targets on the chart
🚀MONERO🚀 - THE TIME IS NOW !!!!MACD LINES CROSSING
RESISTANCE BROKEN
WILL BREAK OUT OF TRIANGLE VERY SOON
💰BUY NOW💰
Elliott Wave Analysis: Bitcoin and MoneroHello traders.
Below it’s a quick update on bitcoin after current sell-off which is quite aggressive can cause more weakness especially if we see drop below 50.300 level. At the same time keep an eye on some weak alt coins that can lose even more if BTCUSD will stay sideways. In this video I looked at Monero.
Have a good day.
GH
XMR Sell the pivotXRMUSDT - Intraday - We look to Sell at 228.5 (stop at 238.2)
Pivot resistance is at 229.0.
Preferred trade is to sell into rallies.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our outlook is bearish.
Our profit targets will be 202.8 and 193.7
Resistance: 225.0 / 230.0 / 235.0
Support: 213.0 / 205.0 / 200.0
XMRUSD 1hr & 1d Charts Looking Healthy; VERY BULLISHFundamentals very strong, despite some exchange delistings
Maintained, and broke out of bullish channel which started June 2020 - trading nicely above long term SMA on Daily, and its being used as resistance on the hourly. Triangle Breakout pattern formed? Im new to this please advise me and critique this :)
XMRUSDT (MONERO) - POTENTIAL BREAKOUT ANALYSIS 🔎
- XMRUSDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
MONERO - This Is How I Determine Price Targets + Trend AnalysisIn this video I share how I look for price targets.
There are certain conditions that must be met before you can determine a price target more accurately compared to just using the last low.
There are also other things to consider, especially because Cryptos are still in their infancy.
Either way it's fun to do it. Helps deal with FOMO. Puts things into perspective.
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
XMR Longterm OutlookI am personally bullish with regard to Monero.
The lowest it should go is $157 the week or next week, but that depends on market conditions.
Thereafter I expect a continuation to the upside fulfilling all the targets above. Do note that the moon target is not the final target, the final target is the last numerical target. Moon targets can take months to reach so it is better to stack more coins while waiting for them.
XMR/BTC Short term shortEntered a short at the .5 Fib (.0044 btc)
Going to ride it down .236 fib (.0039 btc)
Once price passes .38 fib level I will be placing a stop loss at the point and keep moving it up as price goes down more.
$XMR/BTC 1D (Binance Spot) at SupportMonero at Support and Broke out of the Downward Trend Line
Current Price= 0.00424000
Buy Entry= 0.00390100 - 0.00424700
Take Profit= 0.00574400 | 0.00813900 | 0.01174100
Stop Loss= 0.00329700
Risk/Reward= 1:2.3 | 1:5.53 | 1:10.38
Expected Profit= +42.21% | +101.52% | +190.68%
Possible Loss= -18.37%
Estimated Gain-time= 4 months
use Maximum 10 % of the Account
Monero (XMRUSDT/XMRBTC) Potential Long Setup 2021/03/05Long Trade Setup #1: False Breakdown
1. Price Action: Price breaks below the then rapidly climbs above $170, forming a bear trap
2. Trade Entry Confirmations: A breakdown candlestick followed by a reclaiming candlestick, above average volume on both breakdown candle and reclaiming candle, MACD bottoming
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
EW Analysis: XMRUSD Monero May Face A Deeper Corrective DeclineHello traders!
Today we will talk about cryptocurrencies, specifically XMRUSD Monero in which we see quite clear pattern. We will talk about its price action from technical point of view and wave structure from Elliott Wave perspective.
Well, if you are familiar with Elliott Wave, then you know that after every five waves, a three-wave pullback follows. And, as you can see, seems like Monero may have a completed 5th wave, especially if we consider strong and impulsive five-wave drop from the highs, which can be an indication for a deeper, higher degree A-B-C correction that can send the price back to the previous wave 4 and 120 support level.
Currently, it looks like it's just in a slow three-wave (A)-(B)-(C) corrective rally within wave B that can find the resistance ideally here around 240 - 260 zone and from where we should be aware of another sell-off for wave C.
Invalidation level is at 288 highs.
Bu humble and trade smart!
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
XMR LONGThis is one of my positions that im more than 80% sure and i spend more for it
you can buy monero if you are agree with me ;)
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.
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.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
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
Monero: Privacy Wave might be hard to spot now but there is a privacy coin adoption wave underway, being led by Monero...
