XMRUSD H8: STAGE2 DUMP 50%: SHORT IT from 300USD(SL/TP)(NEW)Why get subbed to to me on Tradingview?
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XMRUSD H8: STAGE2 DUMP 50%: SHORT IT from 300USD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect CORRECTION
once we hit 300USD.
🔸 Summary and potential trade setup
::: XMRUSD 8hour chart review
::: heavy resistance overhead at 300USD
::: BEAR FLAG in progress now
::: in previous downtrend - expect more losses
::: measured move correction
::: Previously similar distribution setup
::: In April/May 2021 before 40%+ DUMP
::: BEST level to SHORT is near 300 USD
::: BULLS stay out until correction is over
::: BEARS can short from overhead resistance
::: 300 USD heavy resistance won't pass
::: Stage2 50%+ correction possible/likely
::: currently no trade setup for active traders
::: shorting near range highs makes sense
::: 300 USD is heavy resistance / SHORT IT
::: TP BEARS is re-test of 150 USD
::: recommended strategy: SHORT 300 USD
::: good luck traders!
::: SHORT HIGH and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: PULLBACK/2/50%
::: Sentiment outlook short-term: FINAL PUMP/300USD
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Xmrusd
XMR/BTC - ATOMIC SWAPS LIVE - long? will this be a sell-the-news or buy-the-news event? chart looks like it wants to break out on this news with a potential floor forming at the $200 level
github.com
this is a historic moment no matter what the market says, it is a huge milestone in the already-impressive resilience factor that monero has.
XMR in watch listXMR is good to be n watch list. It is talented now to be a market star! But ... We should stay and see...
Note : Do Your own analysis before trading.
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 #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
XMR 's headed towards 558 USDThe Miracle Markets Waves for XMRUSD give the information that big players are buying XMR vs USD
Medium players are on the bottom of the curve and will start buy XMR soon.
I see 558 as a good target for Monero in the next days
You can see signals generated from Market Miracle advisor at the page marketmiracleadvisor.com it's free
XMRUSD Bouncing off Key zonesXMR is bouncing off the previous highs here.
We also have a volume node concentration around these zones. Will look for a hold of this range for a pullback into 490-95 areas and higher
💡Don't miss the great buy opportunity in XMRUSD @monero
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (458).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
Take Profits:
TP1= @ 492
TP2= @ 518
TP3= @ 555
TP4= @ 608
TP5= @ 662
SL= Break below S2
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ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in XMRUSD @monero
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (458).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
Take Profits:
TP1= @ 492
TP2= @ 518
TP3= @ 555
TP4= @ 608
TP5= @ 662
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 ❤️
XMRUSDT Clean Break with VolumesXMR has given a clean break with good volumes, Over all crypto markets are consolidating , this breaking out will gather more steam once we the majors pullback.
Looking for a test of 500 and higher areas.
XMRUSD Buy the pull-back for $590.Monero is seen very effectively on the Fibonacci Channel formation but since August 2020 has been trading within a Bullish Megaphone pattern.
The peaks have matched well with the Fib levels of the Channel with the current one being at 2.5.
Every peak is on the 1.618 Fib extension from the previous bottom.
Also every peak is made on or right after the LMACD forms a Bearish Cross.
Right now the LMACD has made a Bearish Cross. Assuming the low of this phase was made on April 23 (otherwise if a new low is made you'll have to readjust the Fib and calculate the extension from that point) and since the Higher Highs trend-line of the Bullish Megaphone was reached, XMRUSD is most likely on a peak. The pull-back should bring a new Higher High at around $590.
Most recent XMRUSD ideas:
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