Monero top cycleResistance Breakout will lead us to the ATH around may 2025 , its a strong coin and im sure it will perform very well.
Dyor
Monerobitcoin
Monero coin (XMR) formed bullish Shark for upto 32.50 moveHi dear friends, hope you are well and welcome to the new trade setup of Monero coin (XMR) with BTC pair.
Our last successful trade of XMR was as below:
Now on a weekly time frame, XMR has formed a bullish Shark move.
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
MONEROXMR/USDT i see this Rising Wedge Pattern is just broke and i take SHORT POSITION
Entry - 194
TP - 150
SL - 209
King is Coming Back...👑Monroe has broken a long-term trend in its weekly chart and is recording a pullback to it. If the upward trend of the downtrend is stabilized and reversed, good growth is expected.
I hope you find this analysis useful🌹
Follow for more...
#DYOR
Monero (XMR) formed bullish Gartley | A good long opportunityHi dear friends, hope you are well and welcome to the new trade setup of Monero coin (XMR) with BTC pair.
On a 4-hr time frame, XMR has formed bullish Gartley pattern.
XMR Update! Target reached! Update to my Monero videos.
My personal target was reached at 207.4 with a limit sell at 207.44, executed.
This will remain a neutral position video, however I am bullish on all privacy tokens in the long run.
I believe privacy tokens will eventually over the next year or so create their own little ecosystem, with XMR essentially playing as BTC within this niche market-- moving and shaking things.
XMR/BTC moving! short-term cup & handle - 0.0063 targethello and happy new year! I have a good feeling about 2022 for monero holders.
this is just a simple short-term idea I saw on the smaller charts. looks like a cup and handle that could take us to 0.0063 if we hold 0.005. cheers everyone.
I am not selling even if we hit this target.
XMRBTC Repeating Bottom FormationRepetition of this same double bottom formation can be seen (arrows)
As price has moved out of 2.618 currently this can spur major price growth, as price is 'free' from the last fib area
This is also demonstrated with .382 acting previously as a resistance, which has turned support
XMR has the potential to act extremely bullishly
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
Daily Monero Anlysis. Bullish!Chart Overview
* Binance: XMR/BTC
* Daily Chart
* Reducing / Falling Wedge chart pattern
Analysis
Monero is forming this bullish chart pattern, with many contact points (four significant touches on the resistance or upper line and three on the support or lower line). The multiple contacts adds credence to this chart pattern, most likely result is a bullish upswing.
Conclussion
The pattern may take until the end of the week to fulfill it's bullish price move, also things to consider is bitcoin could very possibly go on a strong rally which would delay the price move or even make the price drop slightly below the pattern before reversing.
Target
* 0.007887
DISCLAIMER: NOT professional advice, please do your own research before investing.
Monero is sitting at a pivotal point!Chart Overview
*XMR/BTC WEEKLY
*Parallel channel
*Support Points (Green arrows and white horizontal line)
*Resistance Points (Red arrows and white horizontal line)
Analysis
From the point of writing, Monero has increased 24% in the last 7 days (compared to USD). Also Monero is finding a lot of support at the white line (0.6103). Monero fell closed last week below this point, if Monero closes above 0.6103 this is a bullish sign.
Conclussion
Monero has been in a downward parallel channel since August 2018. There are signs of strong support being established and this could create a good platform to spring out into a strong bullish run.
What do you guys think, bullish or bearish?
*Disclaimer: NOT professional advice
The sellers have sodl'd, the holders have hodl'd. Are you ready?Critical XMR/BTC levels: we are the 2015 spring high, the local top of 2016 spring, right before the 2017 take-off.
Meanwhile, Monero's technology has done nothing but improve across the board: cheaper transactions, smaller transaction size, 2-minute block times, and privacy by default so strong that the world's most powerful tax-authority wants to pay anyone who can trace transactions.
I anticipate a breaking of our multi-year downtrend soon as the markets start to weigh in atomic-swaps launch later this year. Additionally, the global trends seem to point towards governments being anti-cash, and pro-regulation that inhibits freedom - these two factors will only increase the need for a truly digital cash. Bitcoin, unfortunately, cannot fulfill this role due to its public nature and the amount of resources being dedicated to tracking each and every satoshi.
Read more about Monero's fundamental advantages in my other XMR/USD idea which calls for $350+ XMR by the summer time. I believe now is an incredible time to enter with either bitcoin or USD, as Monero has yet to see the true investment potential of the bull-run due to regulatory concerns. By the time Grayscale announces they are officially in the game, it will likely be too late and you could find yourself priced out. Are you ready?
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.
XMR/BTC (weekly) Long1) EMA 21 crossing EMA 55 and approaching EMA 100 on daily TF - early sign of an entry point
2) end of Great Consolidation (3 months) with establishing solid support at .0035 - trade invalidation level
3) rounding bottom (w/higher lows) after 2 selling attempts on high volume - 2nd entry signal and confirmation
4) PA at testing higher boundary of consolidation range at .0051-52 with a declining selling pressure and higher highs... - one more reason to jump on this train
Everything above gives us an idea of a good long-term "stacking sats" trade:
Entry zone - 0.00455-475 (+ good to see some PA-signs @EMA 100 indicating exhausted selling)
TP 1 - .0108 btc
Target - .027-30 btc
Stop - .0035
R/R - 6:1
Duration: 4-8 months
btw, LTC/BTC is catching up: the same train but another wagon
Monero, XMR decision timeMonero is at long term resistance which has been in place for over three years at $299.00. This is the last hurdle before new all time highs. If it can break this area convincingly it will go over $500.
💡Don't miss the great buy opportunity in XMRBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (404000).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 497000
TP2= @ 540000
TP3= @ 580000
TP4= @ 630000
TP5= @ 715000
SL= Break below S2
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💎 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.
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💡Don't miss the great buy opportunity in XMRBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (404000).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 497000
TP2= @ 540000
TP3= @ 580000
TP4= @ 630000
TP5= @ 715000
SL= Break below S2
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Now, It's your turn!
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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 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.
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.
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.
XMR > $150 USD in 6 days.Monero will exceed the price of $150 in 6 days accumulate and open Long operations.
I am seeing that previous patterns are being repeated which point to a price boom.
This is in addition to the fact that if bitcoin rises the other cryptos rise by a maximum of 10%.
MONERO (XMR) Completing 55% Profit Potential MoveOn the daily chart, the price action of Monero (XMR) is completing the final leg of bullish Shark and soon it will be entered in the potential reversal zone. There is also 200 SMA support in the PRZ level. However, on breaking down the 100 simple moving average the pattern will be confirmed.
Buying And Sell Targets:
The buying and sell targets as per the Fibonacci sequence of the Shark pattern should be:
Potential reversal or buying zone: $114.44 to $100.81
Fibonacci projection or sell zone: $127.74 to $156.53
Stop Loss:
The potential reversal zone area that is up to $100.81 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 55% and as per the above-mentioned stop loss, the loss possibility is 12%.
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.
💡Don't miss the great buy opportunity in Monero/BitcoinMidterm forecast:
While the price is above the support 0.00600, beginning of uptrend is expected.
We make sure when the resistance at 0.00815 breaks.
If the support at 0.00600 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
There is a divergence in RSI and price between the trough at 0.0064 on 2020-11-21 and the trough at 0.00625 on 2020-12-21, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
A trough is formed in daily chart at 0.00625 on 12/21/2020, so more gains to resistance(s) 0.00705, 0.00755 and maximum to Major Resistance (0.00815) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 49.
Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.00625 to 0.00600). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.00625)
. Ending of entry zone (0.00600)
Take Profits:
TP1= @ 0.00705
TP2= @ 0.00755
TP3= @ 0.00815
TP4= @ 0.00865
TP5= @ 0.00945
TP6= @ 0.01170
TP7= @ 0.01400
TP8= @ 0.01600
TP9= @ 0.01900
TP10= @ 0.02300
TP11= @ 0.02565
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