How Easily Resistance can Become Support XMRReturn to a strong trendline for XMR
Perfect buying opportunity as this will likely bounce off 1.618 or the trendline drawn
What was previously resistance (1.618) has become a place of support now
Xmr
$XMR #Monero Long Term Price TargetsMonero's (XMR) popularity has been on the rise, primarily due to its ability to help anonymize users. Monero transactions are much more difficult to trace because they use ring signatures and stealth addresses. These methods help to hide the identities of the sender and the receiver.
Private Money Will Surge Under Current Political Environment
🆓Monero (XMR) May-31 #XMR $XMRXMR is still stable above 240$ zone and it could reach 320$ and 400$ zone in this June. But if it loses this 240$ zone, it will fall down to 160$ zone
📈BUY
- Buy : 235-245$. SL if B
- Buy : 315-325$ if A. SL if B
📉SELL
- Sell : 315-325$. SL if A
- Sell : 390-410$. SL if A
♻️BACK-UP
- Sell : 235-245$ if B. SL if A
- Buy : 155-165$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
🔥 XMR In A Pennant: Break Out ImminentJust like BTC (and other cryptos) XMR is currently trading in a pennant formation. Since XMR is currently trading at the bottom of the pennant, there's a reasonable chance that the price shall reverse soon towards the pennant's resistance, assuming BTC won't fall too much.
In case of a bearish break out, the main target would be $200. For a bullish break out, that would be $330.
All things considered, XMR has been performing quite well since the BTC dump. In case BTC will get bullish again, XMR will be one of my top picks.
Happy tr
Something like thisMonero will eat the lunch of all other cryptos, even bitcoin dominance will be succeeded. No. doubt. about. it.
Privacy matters.
XMRUSD will be atleast 5000$ EOY
horizontal resistance is first target from the 2017 fib retracement.
Lower trend line is super safe/lucky for options entries!
follow me if u like money
thanks for dropping a like
XMRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price is in a triangle and wants to test the resistance. But if the price goes out of any direction, the trend will move in that direction. We have specified it for you
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
XMR BTC back onThis coin is a massive buy. If theres any future for crypto its going to be in privacy tech. anything else is just a unnecessary vulnerability
XMR is THE golden ticket. If you dont buy and hodl this sound money now you would not/did not buy and hodl bitcoin in 2013
XMR - ready for leg down?Seeing that the current weakness in price might not be over just yet, I came up with this chart. Please do not consider financial advice. Educational purposes only. Press like if you do ;)
XMR Long 414$xmr is trying to follow btc and break down symetrical triangle to next accumlation zone
XMR beat BTC ... My advisor marketMiracle generated a purchase signal for XMRBTC at a price of 0.006578 with a target of 0.007447 for a potential profit of 13.21%
By analyzing the chart you can clearly see how XMR is benefiting from the latest declines on BTC so in my opinion when provided by the advisor on XMR could actually be realized.
The marketSentiment is good and intoned the price should not be late to rise and the BTC has already begun its descent.
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
XMR BUY / SELL ZONES 1 HOUR XMR BUY / SELL ZONES 1 HOUR
See the bottom of the post for more calls and details about us.
🔥 XMR Short-Term Bullish ChannelXMR has been one of the tokens which had the strongest reversal after this week's sell-off. During yesterday's bearish move, the price found support at the bottom trend line of the channel, reversing from it as BTC's outlook became more bullish.
For now, caution is advised. Take profits where you can. Top of the channel is a strong resistance area.
Happy trading!
Ascending wedge into an inverse head and shoulders pattern?An idea I'm keeping my eyes on...
Nothing is certain with all the news as of late.
Yet, I see this as a justifiable reason for potential rise back to ATH's.
Will the King prevail or shall he nap? D Y O R.
