XMR triangle breakoutPlease 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
Have this draw for week or so just didn't post but now is the time I guess! Orange trendline added. Monero broke up this triangle 📐 and now still backtesting it's upper edge. I just bought as I think there is chance to reclaim the previously broken triangle lower edge and then the price could surge to 203.5 target and even higher.
ENTRY : local high @ 174.2
STOPLOSS (SL) : local low @ 167.0
TARGET (TP) : height of the triangle projected from midpoint of the local range @ 203.5
REWARD RISK RATIO (RRR) : 4.0
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
XMRBUSD
Monero coin (XMR) formed bullish BAT for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Monero coin (XMR) with BTC pair.
Previously we caught almost 50% pump of XMR as below:
Now on a 4-hr time frame, XMR has formed a bullish BAT pattern for another price reversal soon.
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
The king of crypto privacy MONERO can make a rally?o damn Monero is updated the the system as well now
fanda is great for it and i bet it can make the rally
chart made the head and shoulders and broke the head kine yesterday
today is making a super pullback with save profits
it can pump
gl guys
XMR going strong💪Monero broke up this triangle📐 and I think there is chance for run to 372 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback. Notice how price action respects the Fibbonaci extension applied to initial impulse. 0.618 already broken, 1 just tested. Next hurdle will be 1.272 and finally the 1.618 which corresponds with the triangle target. Easy breezy, beautiful.
ENTRY : local high @ 282
STOPLOSS (SL) : local low @ 248.9
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 372
REWARD RISK RATIO (RRR) : 4.3
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
XMRBUSD - Zone of SupportA confluence of Western Technical indicators identify a zone of support suitable for placing buy orders.
Entry: 220
SL: 200
T1: 280
T2: 320
RR: 3.0, 5.0
3M: Pivots PP
1D: Bollinger Band Lower
1D: Fibonacci 61.80% retracement, EMA 144
1D: Ichimoku Senkou A
