Xmrusd
XMR/USD - Bigger Correction In Progress??Hello traders,
It seems as though we are heading towards a more complex correction.
We will likely make a triple flat correction combined to make one big complex pattern before we either break down to make a new low or correct the complex flat and reverse into an uptrend.
Either way, we will have to re-evaluate the price action as time goes by.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
Please don’t forget to like & follow.
Thank you,
Good luck
XMRUSD has formed bullish shark | Upto 24% profit potentialPriceline of Monero / US Dollar has formed bullish shark and entered in potential reversal zone.
RSI is oversold.
Stochastic has given bull cross.
I have used Fibonacci sequence to set the targets as below:
Buy between: 79.020 to 74.088
Sell between: 83.276 to 92.993
Regards,
Atif Akbar (moon333)
XMRUSD Market Structure AnalysisR/R : 3
if you have your market view, please share it in comments
Also you can ask me questions...
Have a great day everyone!
Don't miss the great buy opportunity in MONEROTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (86.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 97.00
TP2= @ 106.25
TP3= @ 120.87
SL= Break below S2
Don't miss the great buy opportunity in MONEROTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (86.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 97.00
TP2= @ 106.25
TP3= @ 120.87
SL= Break below S2
XMR - ADAM & EVE PATTERN READY TO EXPLODE - CryptoManiac101XMR / USD TA
ADAM & EVE pattern is looking ready to explode in coming weeks. Take at leas 5% Risk to 29% + reward
XMR schiff-pitchfork, break up into the median channelThis is my first foray into charting (be gentle)...;)
Looks like the price action is aligning well with the channels above, has just droppped out slightly from the median channel, only on low volume
I would expect it to hover here for the next day or two and then maybe break to the upside, needs good volume to overcome a confluent resistance at $95, but the overall trend should support such a move.
As this is my first use of charting and Schiff Pitchfork, if I have made any errors please let me know...here to learn and feedback is welcomed.
TIA
XMRUSD Market Structure Analysisif you have your market view, please share it in comments
Also, you can ask me questions...
Have a great day everyone!
XMRUSD - 114 SoonA star on a rise, with great potential if Bitcoin breaksup que channel.
I see it on 114 in 5-7 days
Monero: Wave 3 of am Elliott Wave Structure of a lesser degreeMonero: Wave 3 of am Elliott Wave Structure of a lesser degree
Why Monero is more clear than the rest of the marketDoesn't mean it's not going to tank if BTC drops, but this setup is clean enough to justify a long position.
Monero (XMRUSD) long.All description on the chart.
Please, don't forget to like and follow.
Thank you.
