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
Xmrusd
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 🚀💣
Monero XMRUSDT - The most bullish altcoin in December- Monero is definitely the most bullish altcoin in High-Cap category
- We can see Head and Shoulders, cap and handle or Ascending triangle on the daily chart
- The coin is currently breaking out the previous swing high established in October
- 280 is the next target and we can reach all time high next year in 2021
- Monero is one of the best coins, that will survive long term
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MONERO XMRUSD Price Action Monero network tansactions have continued to increase since the November. MR has also historically had more transactions per day than ZEC, GRIN, or PIVX, but fewer than DASH.
Fundamentals show active and continued incremental XMR network upgrades over the past two years, including decreased transaction costs, improved transaction efficiency, blockchain pruning, improved privacy, and improved custody solutions.
SHORT TERM LEVEL
Next intra day resistance at 143.75
LONG TERM LEVEL
The cryptocurrency is down 72% from the all-time high of nearly $500, established in December 2017. All eyes over the next year are on the heavy resistance zone of US$150 based on yearly pivots , and psychological round numbers.