Xmrusd
XMR to 300XMR testing the median level of the pitchfork.
The bullrun continues, monero hits 300 mark !
XMRUSD Time for accumulationPattern: Bullish Megaphone on 1D.
Signal: Buy on the MA50 as the RSI got rejected while the price hit the top of the Megaphone.
Target: 400.000 which is the top of the Megaphone and just below the 2.382 Fibonacci Channel extension.
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XMR - Lot's of gains left to made in XMRIt is currently retesting a strong support area. This could make for a great long term entry!
XMRUSDT (MONERO) - POTENTIAL BREAKOUT ANALYSIS 🔎
- XMRUSDT printed a falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- Price brokeout above the falling wedge's resistance.
- Price action is printing a double bottom.
- This is also a trend reversal pattern.
- Price is testing the neckline resistance.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the neckline resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
SETUP INVALIDATION ❌
- Breakdown below the double bottom horizontal support level (S1).
Monero 300$Everything is in Graph. Privacy is future, they can delist what they want, Monero not gives a shit. XMR already replaced BTC in the Darknet.
Buy zones for XMR are simples :
- if price fall between 100$ to 150$, you are in the green buy zone.
- TP is 299$
More simple than that i cannot be.
Happy Tr4Ding
XMR - 6h. Sellers are preparing for the test of $120-125On January 10, there was a fierce struggle in the XMR market for the range of $168-172. Volatility that day was rampant and the prospect of continued growth as well.
Trading volumes were abnormally high. On this day, the price of XMR fell sharply and hit the mark of $120 in 2 weeks.
The new buyer's attack on January 27 looks much weaker. Particularly low volumes near the critical range of $168-172. At the moment, buyers look weak and unable to keep this range.
If sellers take control of this range - globally we will expect a repeat test of the range of $120-125.
Given the high probability of BTC correction , scenario for continued growth to the mark of $200 is still alternative. It will become the main one after consolidating buyers over $168-172
P.S. Our global idea was to turn around from $ 172.5
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Don't forget MONEROMonero is a privacy coin that looks like it's forming a really well defined double bottom against btc, this is a great place, a bounce form here would be wicked and you can stop loss just under the current low if you want to play super safe.
XMR starting its Bull Run XMR has overcome a major resistance area and we can definitely see the start of a proper run here. We are looking to ladder longs once XMR has come back and tested this area as support. This will offer us less risk on our position and more reward.
XMR has not even started its bull run yet and has a long way to go to get there. We are looking at capitalizing on this and many other alts which still hasn't seen their turn.
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Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice.
I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.
XMR Buy a break setup.Monero - Intraday - We look to Buy a break of 156.1 (stop at 152.8)
Daily signals are mildly bullish.
A break of bespoke resistance at 156.0, and the move higher is already underway.
Pivot resistance is at 165.0.
We look for gains to be extended today.
Our profit targets will be 165.2 and 172.4
Resistance: 156.0 / 160.0 / 165.0
Support: 150.0 / 145.0 / 140.0
#Monero #XMR possible targets for 2021 If the resistance range of $ 160 to $ 180 is broken,
Monero possible targets for 2021 are:
TP1: 285 $
TP2: 500 $
TP3: 850 $
TP4: 1280 $
STOP LOSS: UNDER 116$
XMRUSD Can it? Could it? Would it?Ok here is some fundamentals:
Monero outperforms the crypto market as its dark web use rises - Source -Invezz
Monero leads privacy-oriented coins in year-on-year growth, up 249% in 2020 - Source: FXStreet
While the dark Web has really lead to the use of more Cryptocurrency, due to its untraceable characteristics. We must ask then, what is Crypto mainly used for? Can it be for Adrenochrome harvested from the innocent? Child trafficking? Illegal matters? Red Rums? etc.
Yes it Sure can! and Being that those services are not cheap; some cost fortunes, we can at least draw a correlation between the increase of price and usage.
Now, going off on a tangent, can you only image the wealthy pigs who primarily use Crypto for such purchases.. ? Yaa A LOT.
As I digress, we can see inflation resistant assets, has moved many investors to adopt crypto as a safe haven. Being Covid as A catalyst to say the least.
Furthermore, I wanted to address the elephant in the closet, that being, I notice many people with cult like mentalities on here, whom are very emotional about others who hold opinions contrary to them. In only to advance their infatuation with an intangible currency.
XMRUSD Buy SignalPattern: Bullish Megaphone on 1D.
Signal: Buy as the LMACD just formed a Bullish Cross (previously a sign of an upcoming rise within the Megaphone).
Target: 260.00 (just below the 1.5 Fibonacci extension).
Most recent XMRUSD signal:
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