Get started

Monero

XMRUSD Buy SignalPattern: Bullish Megaphone on 1D. Signal: Buy as the LMACD just formed a Bullish Cross (previously a sign of an upcoming rise within the Megaphone). Target: 260.00 (just below the 1.5 Fibonacci extension). Most recent XMRUSD signal: ** 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 ==> TradingView --------------------------------------------------------------------------------------------------------
XLong
by TradingShot
4
Will we see a strong upward move from XMR soon?XMR is trading at an interesting price level. It is inside the red ichimoku on the 4hr and has quite a lot of resistance up ahead. Once it overcomes these resistance levels and turns them into support then we will look at laddering some longs. For now we will watch observe and update. - - - - - - - - - - - - - - - Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice. I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.
Long
by TheForecasters
MONERO: THE BIRD ON THE WIREMonero (XMR) looks to be sitting pretty at $141 which is just above its 100 day simple moving average (SMA), now $137.91. The 100 SMA has provided solid support for XMR since it was tested in June 2020. XMR's bullish price trend has seen a series of higher highs and higher lows over the past 6 months. Monero reached a recent high of $190.22 on 10 January of this year. We have seen a pullback to the 100 SMA after that high. XMR is currently 25.80% off that recent top and therefore looks interesting here. Furthermore, Stochastics were in the oversold region last week and now appears to be confirming a reverse in trend. MACD looks to be on the cusp of turning positive and the RSI is the final indicator which is improving and at the 48 level, closing in on the 50 level. A cross of the 50 RSI would confirm this bullish set-up. She is perched on the wire and ready for takeoff. Long XMR since November 2019.
KRAKEN:XMRUSDLong
by rzinho
2
Monero Discounts Incoming! (XMR)Monero has been in a rally for around 300 days. We brokeout past the recent high of $100 and now I believe we are setting up for a good size pullback. I have my eyes set on a catch at $100 as a potential major breakout retest, the we will bounce towards the ATH. My ema dots indicator on the bottom is showing a red dot which is a sign for sell off. The week will close in 1 day which will help me confirm on trend. The candle above is showing compression with sideways movement, with price shifting below the candle.
BITFINEX:XMRUSDShort
by UnknownUnicorn2319099
1
XMR formed Cypher pattern for upto 40.5% bullsih rally Hi friends, hope you are well, and welcome to the new update on Monero. On the weekly chart, the price action of the XMR has completed the final leg of bullish Cyhper and entered in the potential reversal zone. The price action is breaking down the 50 simple moving average but we have another good support of 100 SMA below the buying zone. Possible profit and loss ratio: This trade has a profit possibility of 40.5%, 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. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
BITFINEX:XMRUSDLong
by moon333
1
XMRUSD it can be a best opportunity to buy the dipHey friends, hope you are well, and welcome to the new update Monero. On Feb 9, 2020, I shared the idea where the price action of XMR formed a big bullish BAT on the monthly chart, now the priceline has started to move to the upside and so far it has produced more than a 120% rally. Pivot support and EMAs: Now if we take a look at the live monthly chart, then it can be observed that the price action also had pivot 1st support below the potential reversal zone that helped well to the priceline to move up. In this rally, the price action has also crossed up monthly exponential moving averages 10 and 21. Long-term support and resistance levels: On the weekly chart, the different long-term support and resistance levels can be seen. The price action of XMR has broken out the $100 and $140 resistance levels and re-testing the $140 as support. The next resistance levels would be $140, $260, $330, and $450. An up-channel formation: On the same weekly chart, the price action has formed an-up channel and it is re-testing the support of the channel and weekly EMAs 10 and 21 as well. Ichimoku cloud: The price action has already broken out the weekly Ichimoku bearish cloud resistance and now re-testing the conversion and the baseline supports. Another big bullish BAT: Now if we take a look at the XMR with Bitcoin pair’s 2-month chart, then the Monero has formed another very big bullish BAT and entered in potential reversal zone. This time we again have pivot 1st support beneath the potential reversal zone. s3.tradingview.com Conclusion: The priceline of Monero is re-testing different support levels therefore the re-testing of these supports would be successful then it will be the best buy the dip opportunity.
BITFINEX:XMRUSDLong
by moon333
Monero has completed very big bullish BAT for upto 550% rallyHi dear friends, hope you are well, and welcome to the new update on Monero coin. On the long-term 2-month chart, the price action of the XMR has completed the final leg of bullish BAT and entered the potential reversal zone. At this time the priceline is spiking beyond the PRZ level. Therefore I would suggest to wait for the priceline to move back in the potential reversal zone, preferably we can wait for the monthly candlestick to close in the PRZ level then place the buying orders. There is also a pivot 1st support below the potential reversal zone. Possible profit and loss ratio: This trade has a profit possibility of 550% and the loss possibility is only 46% 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.
XLong
by moon333
1
Monero undervalued against ETH and BTC: Accumulation time?Out of all the crypto currencies out there few things have a better use case than XMR. Unless you are some sort of bank robber all the fiat you spend is anonymous because you are not important enough to track serial numbers on. The $50 you got for a gift either in cash or a giftcard isn't tracked in some immutable ledger like bitcoin, it doesn't show up in you bank account, and you don't have to have people wondering why you bought certain things. Why did this guy buy rope all of a sudden? Why is he buying silver and gold? She bought cough syrup, is she really sick? This anonymous value is inherent in paper money and the same value keeps XMR hovering around the 15th position on coinmarketcap as other coins of the moment have meteoric rises to the top 10 and then peter out. Any piece of garbage can go to zero and the bollinger bands would be meaningless. But with something with a real world use case like Monero when something is out of the month or weekly bollinger band it it time to either accumulate or watch for the recovery if you want to be a value investor. This whole thing looks like a set up to a Wycoffian accumulation. So far we have a potential selling climax as well as an automatic reaction. From here value investors would be looking to slowly accumulate as to not pump the price too much and they will be buying the lower part of this formation. The chart below is the great dump bitcoin had in 2018. Price went below the weekly bollinger band and had a selling climax and automatic reaction( I haven't labeled every wycoffian event). One thing to notice is we didn't have a spring (or W pattern) on this time frame. On this chart there was one secondary test and that was it. Monero might have several secondary tests of the trading range and might even have a terminal shakeout. If you don't know what that means go here:https://school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method or run the risk of staying poor. Based on this I am looking to be a composite man. I will buy XMR when I see it against any of the bollinger bands on the chart below; Either ETH, BTC, or USD. Since I see eth beating btc over the course of the bull run I will use the ETH and USD charts more than I use the XMRBTC charts. There may or may not be a terminal shake out, I will just have to stick to the plan and accumulate. If history is any indicator when accumulation is done Monero will pump with a fury against both BTC and USD. The chart below shows the accumulation and when it broke resistance there was a massive one day gain in Monero. This chart also shows that Monero is testing previous resistance as support for XMRBTC. Last time it took a year for accumulation to occur for XMRBTC. This isn't a post for traders, this is a post for investors and people with the discipline to act like the composite man.
Long
by This_Guhy
2
tip: who do care about privacy ?! analysis of Monero... XMRUSD!What is 🌟Monero🌟? Monero is a secure, private, and evasive cryptocurrency which is first started on April 18, 2014 ,and that uses special encryption to ensure that all of its transactions remain untraceable and evasive .Monero has a circulating supply of 17,815,130 coins and a total market cap of $2,790,931,850 which ranks it at position 15. In a world of increasing transparency, the reason for the emergence and interest in cryptocurrencies such as Monero can be understood. Monero uses the proof-of-work algorithm. This means that Monero, like Bitcoin, a mineable cryptocurrency. The priority of Monero and its community is based on three key values. On the Monero site, these features are defined as follows: 1.Security: Users must be able to trust their transactions without encountering any errors or attacks. 2.Privacy : Monroe values ​​privacy. Monroe must save its users from the death penalty in the courts and in worse cases! 3.Decentralization: Monroe believes in the highest level of decentralization. ------------------------------------------------------------------------------------------------------------------------------ ❇️Quick Technical analysis Monero price now is $156.738 with a 24-hour trading volume of $463,215,010. Monero price reached its all-time high level of $542.33 on January 08, 2018. Monero price is down -0.92% in the last 24 hours and tends to move upwards by 1.45% according to last hour transactions. Also Monero price on a weekly basis increased by 6.06%. When we look at the variation of Monero price monthly, it is down by -2.44%, whereas it is up by 138.80% according to its price 1 year ago. anyway Based on the monero historical price data, we predict the monero price could be about $450 at the end of the year 2021. Also it could be $197.976 exactly one year later today. In the next 3 years, the highest level monero price could reach is $1158.93 and the lowest monero price could be $96.3110 ------------------------------------------------------------------------------------------------------------------------------ 👉This analysis is my personal opinion and you are responsible for your own trades or invests. ❤️with Best Regards and successful trades.
XLong
by PRO_SMART_Trader