XMR is bullishXMR is closing monthly November candle with very bullish price action which implicates there should be more upside in December.
Always manage your risk and use stoploss. Not a financial advice...
XMREUR
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
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XMRUSDT , We are ready for ranging :DHello guys
Today we analysis 6 chart and publish it for anyone that can take position and can take profit from market
In here we a key in some candles ago and we need a pullback to the minor resistance to accept the key after that it can fall down until the 1st tp reach
Dont forget stop loss and money management
Be with us and slepp comfortably
Good Luck
Abtin
XMR- RE-TEST TREND - SCALP LONGHello trading friends,
XMR can show a Re-test LONG trend for scalp trading to 335+
This trend will have an SL of 320, if this target hits with time frame XRM could return into a breakdown trend, before that trend XRM is still into an uptrend.
Manage the risk always fine.
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# Manage always your risk, nobody knows the future - all depending on Data, trends, and whale effect
All our charts are not advice and you are responsible for your own investment
Have a great day!
Monero buy the dip.XRMUSD - Intraday - We look to Buy at 191.4 (stop at 186.9)
Dips continue to attract buyers.
A bullish reverse Head and Shoulders is forming.
Pivot support is at 191.3.
We look to buy dips.
Our profit targets will be 203.9 and 206.9
Resistance: 200.0 / 205.0 / 210.0
Support: 195.0 / 190.0 / 185.0
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: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021📈#XMRBTC
➡️Entry: 4350 sat
🎯Target 1: 5230 sat
🎯Target 2: 5750 sat
🎯Target 3: OPEN
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.
💡 Don't miss the great buy opportunity in Monero/EuroTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (120.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Monero/Euro XMR/EUR 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 66.
Take Profits:
TP1= @ 144.70
TP2= @ 169.00
TP3= @ 195.20
TP4= @ 236.30
TP5= @ 305.15
TP6= @ 367.95
SL= Break below S2
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💡 Don't miss the great buy opportunity in Monero/EuroTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (120.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Monero/Euro (XMR/EUR) 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 66.
Take Profits:
TP1= @ 144.70
TP2= @ 169.00
TP3= @ 195.20
TP4= @ 236.30
TP5= @ 305.15
TP5= @ 367.95
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,
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Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Monero - Daily UpdateBottom Line: Higher against 60.40 in a developing third wave at larger degree.
Key Levels: Below 60.40, 74.01, 86.59, 116.55 Above 135.08, 162.42
Outlook: Against 74.01, Monero should continue higher within a larger degree third wave advance.
Analysis: Yesterday's comments still apply: "Monero is little changed, although the 109.69 low has stayed intact. We next want to see impulsive trading above 128.52 to both confirm the end of the wave ((4)) correction and to set up a break of the wave ((3)) high at 139.73."
XMR/USDT (Retest Neckline Support)💎Technical Analysis Summary💎
BINANCE: XMRUSDT
-Monero is retesting its neckline of support around 118 dollars
-This is crucial because if the level break down
-The potential next support is somewhere at 95 dollars
-Looking at the daily candle is not good also
-It is painting a Bearish engulfing pattern
-Be careful and always plan your next trade
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Monero headed towards $150Monero - Intraday - We look to Buy a break of 140.52
A break of yesterdays high would confirm bullish momentum.
Current prices have reacted from a high of 139.50, however, we expect further gains to follow.
Further upside is expected, however, due to the strong resistance above we prefer to buy a break of 140.52, which will confirm the bullish sentiment.
Trend line support is located at 135.40.
Daily signals are mildly bullish.
Our outlook is bullish.
Our profit targets will be 148.48 and 149.85
Resistance: 140.00 / 145.00 / 150.00
Support: 135.30 / 133.00 / 130.00
XMR/BTC (Break Resistance?)💎Technical Analysis Summary💎
BINANCE: XMRBTC
-Monero coin is testing recent top resistance
-It is facing a struggle to break the trendline resistance
-This rising wedge is Bearish if the support breaks down
-If you are looking to short this market
-Wait for a break of the channel and enter on the momentum
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XMR/BTC (New Daily Higher High?)💎Technical Analysis Summary💎
BINANCE: XMRBTC
-Monero breakout and confirmed new Higher High
-After a long period of consolidation
-This is a strong signal of a potential trend change
-It would be healthy if we can see a Resistance flip to support
-A good pullback and another leg up is a Bullish new trend
-The next upside target is 0.0116
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XMR/BTC (Testing Major Resistance)BINANCE: XMRBTC
-Monero still on an uptrend as the price recovers back above 8200 sat
-It is now testing major resistance area since July 2019
-Last August 21, it had a failed breakout and many Bulls got stopped out
-We need to be more cautious this time as the market is still not stable
-XMR needs to hold above 8300 for a couple of days to avoid fakeouts
-If we can see acceptance above the resistance area
-The chances we will see upside continuation will increase
-The targets are up to 10k sat or higher
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XMR/USDT (Bullish 200ma Dynamic Support?)XMR/USDT
-bullish rejection at 200ma dynamic support
-forming a consolidation box
-holding above 20ma support
-technically, the market still bullish
-a safe trade is to wait for a break above the box
-open a Long position and target the swing up at 95s
-stoploss is under 62s
XMR / My (biased) review of Monero (XMR) - HODL!This is not trade advice.
I am completely biased.
I started mining monero 1-2 months ago, actually after a virus infected my computer with an XMR miner and it led me to investigate it!
Crazy story but I fell in love with this coin. It has EVERYTHING i believe a cryptocurrency should be.
Key points on this video:
xmr
- history
live since 2014
10x potential from where we are now
compare to btc we are 2x from its peak
- whitepaper
xmr is the "anonymous cryptocurrency"
untrackable, untraceable by design
tx fees are low (lower than eg XRP)
tx speeds are high (much higher than BTC!)
security is bulletproof
- decentralized
cpu mined, asic resistant (everyone can mine)
as monero is growing - it is becoming MORE decentralized (many other coins incl BTC are becoming MORE centralized)
51% attack "immunity"
adds to its anonymity and untraceability
- usage
replace XRP for cross-border payments (lower TX fees, faster TX speed)
>> XRP has ripple company behind it doing bizdev, XMR is community controlled
anonymous store of value
anonymous payments
privacy and security #1 coin
blockchain (cryptonight) lead developer for all other cn-based coins
- value
has held value better than other coins
great mining community
mining pools that mine other coins when xmr value dips below them in hashrate/ratio, to continually pump xmr value
dropped less than most other coins including btc in march crash
was not premined (bitcoin, litecoin, monero, dogecoin are only major coins that were not premined)
- mining
block reward dynamic
block size dynamic
difficulty adjust every block
XMR/BTC (Bull break?: up to 30% profit)XMR/BTC
XMR broke both 100MA & 200MA on the daily chart including the trendline resistance a few days ago.
The priority now is going up to challenge the swing high at 9500 sats area.
Stop-loss is placed under the 200MA.