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Xmrusd

$XMR 308% gain Higher because of the "third touch" at a resistance level, usually first two touches validate the resistance. The third touch breaks through, indicating a uptrend, This is actually market psychology and the belief that repeated tests of resistance weakens it! You have had 500 days to buy ad that major support level which is the white support line, OMXSTO:XMR has broken out from the blue dashed line and in short term can easily pump to the green resistance line and break that level as well!
CRYPTO:XMRUSDLong
by UnknownUnicorn22804749
Bullish time at MoneroI have a big bullish target for monero at previous analysis, and today I found another bullish pattern. After symetrical triangle resistance broken (previous analysis), we have diagonal support line (black). This support will be a good line to hold next bearish movement if we have pullback. Monero also touch fibonacci 0.618 support with a big shadow, 1.618 profit projection at $185.51 will be a good target for now. $174.72 previous high become new bullish confirmation. If this level break up today, we will reach $185.51 target soon. I will update more about Monero if I found another great pattern Don't forget to support this analysis, If you have any question, do not hesitate to contact me Your support at this analysis will also support Monero to reach bullish target Click here to check my other analysis
KRAKEN:XMRUSDLong
by AzrulAzir
Monero (XMR) Is It Strong Enough To Stand The Bears? Compared to other altcoins, the growth of XMR has been quite modest. Since the beginning of September, the asset's price has increased by 29%, while many coins have doubled or even tripled in value. Currently, Monero is trading between a support level of $163 and a resistance zone of $171-$175. Given the correlation between XMR and BTC, if the overall positive trend in the market continues, it could lead to further growth in the Monero price. In that case, the next targets for buyers would be the levels of $180 and $187. A correction of the uptrend is an acceptable development scenario. Below the current level, buyer orders are found in the range of $154.0-$158.5 and at the mark of $147. An aggressive fall in BTC could have a significant negative impact on the XMR price, as the support levels mentioned are likely not strong enough to hold back the heavy selling pressure.
XLong
by DEXWireNews
XMR is near the razor's edge!From where I entered "START" on the chart, the XMR symbol has entered the corrective phase. The structure of this corrective phase is twofold. We've had a diametric followed by a wavy X and then another diametric again. We are now at the end of the second diametrical F wave. Wave G can end somewhere between the drawn fibos corresponding to the relativity of wave A to wave G of the second diametric. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
X
by behdark
Crypto XMR Morning star reversal with bullish divergence - BuyCrypto - Monero - XMR We have a few indicators pointing in the same direction right now. The morning star reversal is a bullish candle. There are 3 bullish divergences with price and RSI. STO is low so price is ready for a bounce. And we have just gone oversold for the first time since November 22. Feels like time for a bounce to me. Time to get Long. Price = 142.10 Target 1 = 157 Stop loss = 134. Stay safe fam.
XLong
by thecryptochart
Box range: 140.50-148.12Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (XMRUSDT chart) (1D chart) To continue the downward trend, it must fall below 143.43 and show resistance. If not, it is expected to rise above 145.55-146.69. However, since a trend is expected to be formed only when it breaks out of the 140.50-148.12 box range, I think it is better to respond briefly when trading within the box range. (1h chart) Support and resistance areas are formed in the 142.88-145.0 range. Therefore, in order to maintain SHORT, it must fall below the 142.88-143.91 range. Therefore, it is recommended to respond briefly in the 142.88-145.0 range. If it falls below 142.88, it is expected to fall to around 137.8-139.03. If it rises above 145.0, it is expected to rise to around 147.15-147.55. -------------------------------------------------- To sum up, since it is within the box section, short section trading using the top and bottom of the box section is in progress. If you do not want to trade in a short corresponding zone, it is better to wait for a break out of the box zone on the 1D chart. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
Monero Money Flow Picks Up: Should We Continue Trading?The money flow within the Monero ecosystem has recently picked up, leaving me wondering whether we should continue trading this cryptocurrency. Over the past few weeks, Monero has shown signs of increased activity and market interest. The trading volumes have surged, indicating renewed enthusiasm from investors and potentially creating new opportunities for traders like us. Monitoring the money flow within a particular market is crucial for making informed trading decisions. The recent rise in Monero's money flow has sparked my curiosity, prompting me to evaluate whether we should consider increasing our trading activities with this digital asset. While the reasons behind this surge in money flow can vary, it is essential to delve deeper into the factors influencing this trend to determine its sustainability and potential profitability. We must engage in an open discussion about the current state of Monero and its prospects. Together, we can analyze the market dynamics, assess the potential risks and rewards, and ultimately decide whether it is wise to continue trading Monero. Therefore, I kindly invite you to share your insights and opinions. Your experience and expertise in the trading field would be invaluable in helping us make an informed decision. Please feel free to voice any concerns in the comments or questions regarding Monero's recent money flow surge or other factors that may influence our trading strategy. I look forward to your response and the opportunity to continue our trading journey with Monero.
X
by bryandowningqln