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
XMRBTC
XMR Price Is All Set To Break Above $500XMR Price traded at $326 with a gain of 5% in the last 24-hour and 16% up in the weekly time-frame. Furthermore, XMR bounced back from the support of $288. In contrast, the market capitalization stands at $5.79 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above all the EMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the TP- 1 of $500 in future trading sessions.
TP- 1: $500
Support: $288
XMR Buy the uptrend.XMRUSDT - Intraday - We look to Buy at 312.2 (stop at 299.6)
Daily signals are bullish.
We look to buy dips.
Dips continue to attract buyers.
20 4hour EMA is at 311.1.
Trading close to the psychological 300.0 level.
We continue to expect further losses to be limited and look to set longs for a further drive higher within the channel.
Our profit targets will be 348.8 and 368.8
Resistance: 330.0 / 350.0 / 380.0
Support: 315.0 / 300.0 / 280.0
Compound profits. Only adding on dips until full retracement of the Bear cycle and new ATH.
I am not a good trader but this trade will print, undoubtable.
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.
Monero vs Bitcoin | Final CallThe train is leaving for Monero (XRMBTC).
This is one of the strongest projects with lots of backing from all across thanks to its privacy features.
Monero is King and now we have a strongly bullish chart.
Prices have gone above EMA300/200 with momentum building up... As we move above MA200, we can see faster and stronger growth.
The next target is marked on the chart.
Namaste.
🔥 Monero 🔥 +50%What is Monero?
A Private Digital Currency
Monero is cash for a connected world. It’s fast, private, and secure. With Monero, you are your own bank. You can spend safely, knowing that others cannot see your balances or track your activity.
XMR/BTC Monthly. A drawing is worth than 1000 words.It is just the beginning. We just double bottom and now Monero will be unavoidable as it must be. We'll all value privacy, specially right now when the states want full control on our life and wealth. Only Monero is fully fungible and only Monero means money in this dystopian time.
XMRIf you are looking for an old warrior rising from the ground check out XMR week chart. Next test of 4855 resistance will be the third on weekly and that makes very prone to breakout. Next will be 5400/ 5800/ 6200/ 6600.
💡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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💡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
❤️ 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 ❤️
Monero (XMR) Project OverviewWhat Is Monero (XMR)?
Monero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. Even though it’s commonly thought that BTC can conceal a person’s identity, it’s often easy to trace payments back to their original source because blockchains are transparent. On the other hand, XMR is designed to obscure senders and recipients alike through the use of advanced cryptography.
The team behind Monero say privacy and security are their biggest priorities, with ease of use and efficiency coming second. It aims to provide protection to all users — irrespective of how technologically competent they are.
Overall, XMR aims to allow payments to be made quickly and inexpensively without fear of censorship.
Monero (XMRBTC) Chart Analysis
Let's have a look at this chart on the daily timeframe for Monero (XMRBTC).
First, notice the left side of the chart...
We can see a strong bearish wave until early January 2021 at which point a potential low is hit.
We see a very strong bounce take place and finally end up in February, one month later, with a higher low.
We have prices consolidating and printing higher lows.
Now we are moving above EMA10 and the indicators are turning bullish...
----
Namaste.
This is not financial advice.
XMR Buy a break setup.XRMUSDT - Intraday - We look to Buy a break of 245.2 (stop at 235.5)
Daily signals are bullish.
Pivot resistance is at 241.0.
Short term momentum is bullish.
The bias is to break to the upside.
We look for gains to be extended today.
Our profit targets will be 273.6 and 283.8
Resistance: 255.3 / 275.0 / 288.8
Support: 230.0 / 220.0 / 200.0
🔥 XVGBTC 🔥 +25%What is Monero??
Monero (XMR) is a privacy-focused cryptocurrency released in 2014. It is an open-source protocol based on RandomX formerly CryptoNote. It uses an obfuscated public ledger, meaning anyone can send or broadcast transactions, but no outside observer can tell the source, amount, or destination.A proof of work mechanism is used to issue new coins and incentivize miners to secure the network and validate transactions.
Monero uses different privacy-enhancing technologies to achieve anonymity and fungibility. It has attracted users desiring privacy measures that are not provided in more popular cryptocurrencies. However, it has also gained publicity for illicit use in darknet markets.
Target: 0.00498
Buy:0.0040
SL: 0.0037
$XMR/BTC Toothless Gator TimeJust look at this beautiful set up. The world's most popular privacy coin is primed for several years of testing prior ATH BTC ratio. Which as you can see from here, during the last great alt coin bull market it went over 0.03. IT'S TOOTHLESS GATOR TIME.
Monero XMRUSD: When to Buy
Hey traders,
I already have a long position on Monero.
The first long was opened at the end of February.
Now I am looking for opportunities to add more to my position.
XMR is currently trading within a horizontal trading range.
I am waiting for its bullish breakout (8H candle close above) to buy.
Taking into consideration that the market is trading in a strong bullish trend,
chances will be high to see a continuation all the way up to the current structure high.
Remember, that in case of a bearish breakout of the range, setup will be invalid.
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
