Xmr/Usdt 1 hour chart long possibly printing a symmetrical triangle on the one hour. My first target is 180.55
Xmr
Monero ChartMonero is creating a clear and stable structure with many bullish signs.
The panic drop from the delisting news is almost fully recovered from.
Monero fans will not give a damn about this because the fundamentals are the same.
You can still make anonymous transactions no matter what exchange it's traded on.
In its current structure, it is consistently finding higher highs and higher lows.
High buying volume has occurred at supports and on excitement candles.
Higher sell volume has either been recovered from or not moved the price significantly.
In a recent break below a minor trend line, it still managed to form a higher low,
and ist still trading above the next major downtrend line.
The higher highs and higher lows indicate an uptrend, and since it it finding support at the 0.236 it means the sellers
are letting up. If the buyers can take full control past the current resistances, we can expect a sustained
move upward.
XMR/USDT BUY SIGNALTrendline got rejected, price is about the 200 Moving Average. This still confirms the validity of an uptrend. Lets go Monero...
XMRBTC recoveredDropped below key support, xmr looked doomed. Bullish divs on the 12H saved it, creating a fakeout which will surely send xmrbtc further up. entry at the support retest. I think xmrbtc bottomed and people are moving their BTC and alts into xmr and zec for private transfers.
Monero XRMMonero
In the pair against the dollar, we see an ascending channel . A breakout of the resistance of 172$ is possible very soon. It is very important to look at the pair and Bitcoin , we are on ATH point. A rebound with volumes will be a signal to enter the market with the potential to break this downtrend channel upwards.
XMR wallet
82e7Kudh1kWUtukgfFVCYuG8Zjctgh6d7hT7VorhEo6pUFCe4qYpUHeaZuPQLDepWPH86fd7ydwhh7YPBEAqLaMT12mXoB8
Best regards EXCAVO
$XMR Back test of almost 800 day resistance $XMRBTCBack test of almost 800 day resistance.
Confirming now as support.
Follow the fibs on the way up.
The pump before the pump is done. Next one will pierce the stratosphere. Free parking on the moon. Monero citidel bound.
Surveillance state will be tracking all $BTC wallets. Worse circumstances for individual sovereignty than before bitcoin. You will now be tracked and traced by FinCen cradle to grave. Escape the state. Fundamentals at ALL TIME HIGH for privacy.
Time to roll. Load up the necessities and get the hell out of dodge.
XMRUSDT completed Gartley move | Upto 11% expectedHi friends hope you are well and welcome to the new update on the Monero coin.
On the 4-hour chart, the price action of XMR coin has completed the final leg of bullish Gartley and entered in potential reversal zone.
Buying and sell ranges:
The buying zone starts from 0.618 to 0.786 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of the potential reversal zone at 0.786 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 11%, and the loss possibility is 3%.
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 XMRUSDT Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (136.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT 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 71.
Take Profits:
TP1= @ 153.5
TP2= @ 161.3
TP3= @ 170.1
TP4= @ 182.4
TP5= @ 202.0
SL= Break below S2
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💡Don't miss the great buy opportunity in XMRUSDT Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (136.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT 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 71.
Take Profits:
TP1= @ 153.5
TP2= @ 161.3
TP3= @ 170.1
TP4= @ 182.4
TP5= @ 202.0
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 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.
Trade well, ❤️
ForecastCity English Support Team ❤️
XMR Bullish Price ActionAfter a massive decline in value a couple of days ago, XMR is showing strong bullish price action today and yesterday.
After the sell-off, the price hovered around the lower support line of the channel.
Today the price managed to beat the $145 resistance, the recent top since the decline. Beating this resistance has in my eyes opened path towards former values of $160+.
I've marked two resistances (R1 and R2) on the chart where I expect some bearish pressure, be careful around those areas. Do your own DD & happy trading!
XMRUSDT - Accumulation phase 🔼XMRUSDT is testing the parabolic support as shown in my previous position.
RSI is printing a bullish divergence signal.
Price has been consolidating rectangular pattern ( accumulation phase ) at the support level.
Buy entry ⬆️ - breakout above the rectangular pattern resistance.
Target 🎯 - resistance levels.
Setup invalidation ❌ - breakdown below the rectangular pattern support.
XMRUSD monero Swingtrade!Monero has an old solid ASIC-resistant decentralized mining network, and Circulating Supply in 17,804,568 XMR!
Great potential for capitalization.
XMRBTC dropXMR usd pair has done really well, but the BTC pair now looks in trouble. Weekly bullish engulfing candle with rejection of the RSI trendline. A fall under support of 6384 will send to 5230 followed by 4000.
XMRUSDT - Daily analysis XMRUSDT has been supported by a parabolic trendline since mid - March.
RSI is printing a bearish divergence signal.
Price is testing the parabolic support.
Bullish ⬆️ - Bounce off the parabolic support.
Bearish ⬇️ - breakdown below the parabolic support.
✳️Monero/USDT Analysis (3/1) #XMR $XMRXMR is heading to 160$ zone after a strong dump from 170$ to 130$. What we need to be aware of is that yesterday's 1D candle volume is stronger than previous strong dump and closes above the MA50, which is a sign of strong buying pressure at 130$ zone.
We need to watch 160$ zone because I think it will breakout and move up to 220$ zone
However, if the XMR loses this 125$ area, it will fall back to 110$ to retest the MA200, where there will be some recovery, but I think the situation will be pretty bad for the future.
📅NEWS
15-1 : Bittrex Global Delisting
📈BUY
-Buy close to : 125-130$. SL if B
-Buy : 160-165$ if A. SL if B
📉SELL
-Sell: 220-230$. SL if A
♻️BACK-UP
-Sell: 125-130$ if B, SL if A
-Buy : 105-110$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"