XMRUSDT - Daily analysis XMRUSDT has been supported by a parabolic trendline since mid - March.
RSI is printing a bearish divergence signal.
Price is testing the parabolic support.
Bullish ⬆️ - Bounce off the parabolic support.
Bearish ⬇️ - breakdown below the parabolic support.
Xmrusd
✳️Monero/USDT Analysis (3/1) #XMR $XMRXMR is heading to 160$ zone after a strong dump from 170$ to 130$. What we need to be aware of is that yesterday's 1D candle volume is stronger than previous strong dump and closes above the MA50, which is a sign of strong buying pressure at 130$ zone.
We need to watch 160$ zone because I think it will breakout and move up to 220$ zone
However, if the XMR loses this 125$ area, it will fall back to 110$ to retest the MA200, where there will be some recovery, but I think the situation will be pretty bad for the future.
📅NEWS
15-1 : Bittrex Global Delisting
📈BUY
-Buy close to : 125-130$. SL if B
-Buy : 160-165$ if A. SL if B
📉SELL
-Sell: 220-230$. SL if A
♻️BACK-UP
-Sell: 125-130$ if B, SL if A
-Buy : 105-110$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
MONERO (XMR) Completing 55% Profit Potential MoveOn the daily chart, the price action of Monero (XMR) is completing the final leg of bullish Shark and soon it will be entered in the potential reversal zone. There is also 200 SMA support in the PRZ level. However, on breaking down the 100 simple moving average the pattern will be confirmed.
Buying And Sell Targets:
The buying and sell targets as per the Fibonacci sequence of the Shark pattern should be:
Potential reversal or buying zone: $114.44 to $100.81
Fibonacci projection or sell zone: $127.74 to $156.53
Stop Loss:
The potential reversal zone area that is up to $100.81 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 55% and as per the above-mentioned stop loss, the loss possibility is 12%.
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.
XMR 3D Coin anonymity beckons to itMonero is one of the few old-school crypto coins that has not yet made a solid correction in almost a year of growth.
For completeness of the picture, the history of the coin price movement for the last 3 years was schematically added.
In fact, XMR attracts users through its anonymity. Especially, users from the Asian region, because according to Coinmarketcap, about 20% of XMR's trade turnover is concentrated on the HBTC crypto exchange.
The remaining 80% of the trading volume is scattered across over 100 crypto exchanges. For example, on the largest exchange Binance, only 3.5-4% of the total XMR turnover. Even with this example, the Pareto principle worked out interestingly.
Also, interest in XMR was fueled by a hard fork that was in mid-October. As a result of the XMR hard fork , the speed of transactions when compressing information has increased, as well as the level of user anonymity.
The rise of the BTC value, as well as increased regulatory control in the crypto industry, will also drive demand for the anonymous Monero. And increased demand could push the XMR price to $205.
However, do not forget about the correction that the technical analysis requires.
If it starts at the current price level, then the XMR value could drop to $80.
And one more thing, do not forget about the rule: "The higher you rise, the harder you fall."
_______________________________
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bullish on privacy delistingif there is one thing worth fighting for in life, its privacy
longing this bottom channel when it hits, new world order and people will be craving the $xmr
Xmr possible movesPossible targets on XMR targets are an approximate range, ALWAYS USE STOP LOSSES ! Things can crash anytime be safe use your own knowledge of when to buy where to sell!
XMRUSD $174 LONG TargetLooking at the chart of Monero on the daily timeframe we can see that it’s in an obvious bullish momentum.
Since September, XMR has consistently been rising in price after bottoming out at $86 along the monthly support.
From here, the price gained $130 & $148 as support (both previously TP levels in my most recent XMR read) and has 1st touch rejected off of $165 monthly.
Now it’s got the momentum again to push higher beyond $165 and here are my TP’s for heading long
TP1 🎯 $165.41
TP2 🎯 $174.54
XMRBTC Head and Shoulders Trading SetupPrice is making head and shoulders on 1 hour time frame
Buy the breakout above 0.0067 satoshi
XMR is in decide zonedont worry ! ill update the best buy time
xmr has done well these couple of months , 6 green monthly candles , but monero can do more , xmrusd is in super special area that can send the price to previous ATH also xmrbtc is sitting on a strong support that can made the price fly against bitcoin , for a clean and safe buy wait for retesting current support in daily or weekly
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."
XMRUSDT completing Gartley | A good long opportunity aheadOn the small time period 1 hour chart , the price action of Monero (XMR) is completing final leg of Gartley and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of Gartley formation should be as below:
Potential reversal or buying zone: $154.74 to $154
Fibonacci projection or sell zone: $155.32 to $156.73
Stop Loss:
The potential reversal zone area that is up to $154 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 1.70% and as per the above-mentioned stop loss, the loss possibility is 0.48%.
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.
XMRUSDXMRUSD
Purchase in the area 120 - 98
1 - 170
2 - 235
3 - 267
Fixing below 89, the price may move into accumulation
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Monero XMRUSD Suprise Price ActionThe news reads "Monero Shoots Up 10%"
Price action on the chart is forming a retrace to the major Psychological level of 150.
For Monero to resume it Bull Ride, we need to see consolidation forming aroun this 150 level before a stronger move up.
PRICE ACTION
Retrace Target intra Day to around 152.50
Consolidation Zone for longer term trading 149-152, will re-assess when we get there.
Monero XMRUSD Crypto JackingMicrosot's company’s intelligence team said a group called BISMUTH hit government targets in France and Vietnam with monero (XMR, -0.42%) mining trojans this summer.
BISMUTH is leveraging cryptocurrency miners to stay under the radar and establish persistence in targeted networks. BISMUTH is running increasingly complex cyber espionage attacks as early as 2012, using both custom and open-source tooling to target large multinational corporations, governments, financial services, educational institutions, and human and civil rights organizations.
Monero price is up 3.65% in the last 24 hours.
Resistance Levels Ahead
147.55
149.09
Psychological level of 150 needs to be strongly broken for the longer term bull trend to take hold.
Monero🔥Hello, friends! Just wanna remaind You my previous chart!👇🏻
Are we at the very begining? For me looks like that!🧡
Monero looks awesome) Are You wanna Buy it?
Just look, that the price breakout green zone for the first time since 2017.
Stay in touch with me💋
Always sincere with You🧡
Your Rocket Bomb 🚀💣