alt for alt swaptime has come for ltc to show how the long awaited mweb works. rivaling against xmr over mainstream privacy will take a while until xmr retakes its position as the one that is more private. xmr retaking the position will probably leave ltc bleeding, potentially after some issues being discovered with mweb or exchanges delisting it due to privacy features. this could be an interesting ride. finally if btc ever decides to implement mweb, this could be a great reason for governments and financial institutions to tighten checks where fiat to crypto or vice versa exchange is involved, since bitcoin would allow more private transactions. past year, many european countries have received eu directives to forbid legal entities to trade with privacy coins such as monero, zcash and other. if btc gains this privacy solution some time in following years, governments could make legal entities to require documents upon any crypto exchange. at this time we could expect higher p2p trading and new p2p exchanges to allow people advertise and exchange without any 3rd parties. unless cbdc decides to destroy bitcoin core and reinvent the wheel. stay safe, hard times could be coming.
Xmrusd
a Massive Bearish Wave is Coming For Monero !Monero is showing Some Signs that It might be It's Downfall and that it's gonna Decrease a lot! SO if you look at the chart You can See that the Price Is in 2 Bearish Patterns! One is a Bearish Pennant and the Other is a Rising wedge Pattern which is also another Bearish Pattern.If XMR would obey the Patterns that It has Created, the Price will Decrease a lot ! So we consider the Pennant Pattern( S1) The Price will be around 65% which is a lot of decreasing! If we consider the Wedge Pattern (S2) The Price will be around 99$ which might be the More Logical Target For Now. But Expect it to be bearish In any Case.This chart and Info are Provided by our Sponsor WHITEBIT Exchange. Please Check their Exchange Using the link down below.
-XMR is in 2 Bearish Patterns
-Bearish Pennant and Rising Wedge
-bearish Pennant Target= 65$
-falling wedge Target=99$ (More Logical)
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
Monero HikeMonero looks to be heading to the upside. a double bottom break seems to be forming on the DAILY and structure with in the 4H and the 1H correlate in a bullish trend. The 1H is moving into Fibonacci retracement levels providing a great opportunity for a temporary long position on XMR.
XMR DropQML + Waiting for price to pull back into the retracement level and further confirmation to commit to the short
$XMR - Short the week - It should bounce back around $105 *SMT**SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.*
As XMR just finished creating the Break of Structure on the low side and came up short of breaking the structure on the high side, it appears that this was just a runned attempt at a bearish order block to be rejected back down into the last 4 hour fair value gap area. I marked the weekly consequential encroachment (Half of the weekly FVG, $121-122) and entered short there....As it's rejected it starts to head toward the bottom of the 4 hour FVG which is also a confluence at the 79-80% which is where most rebounds happen. and that number is 104-105 as an opening. On this one I could go either way but the earlier I enterered the less of % wager I would press and low leverage. The later the stage it gets the later you enter the more you can wager and add leverage.
And taking from the smart money playbook the earlier and sharper the price rises during the week , the more it will fall as the week goes on. Low possibly being on Friday or Saturday, looking for it to get around 105 by then.
If you watch the analysis week by week, It's an obvious pattern.
WEEK 1:
WEEK 2:
WEEK 3:
Current Week:
Good luck and happy trading.
XMRThe link to the deal is in the first comment
The first target TP = ✅ has been hit , profit rate +7%
Now you can set your stop loss on the entry price or a little more To protect your capital or to reserve a little profit Or you can withdraw now, the decision is up to you
XMR - Monero is weak☠️Reasons to take short:
⭐️ Today BTC futures exprire, I expect trend reversal for BTC
⭐️ Trendline 8 days long
⭐️ Trendline is clean
⭐️ Price is squeezing to the trendline
⭐️ 4th touch
⭐️ 22 ATR
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
XMR🔵leverage -----> ×20
___________________________________
🔴Stop Loss ------» 123
⚪Entry price -----» 117
___________________________________
🟢targets
TP1 -------> 🟢
TP2 -------> 🟢
---------------------------------------------------------
risk rate (+3:1-)
⚜️ Good luck everyone ⚜️
Crypto getting tight into lows.. Squeeze coming?I'm seeing charts like this XRP weekly all over the crypto-land. After such a persistent push a sick bounce should be in the cards somewhere... the questions is: where? Keeping an eye on where price holds on the weekly can give a great headsup as to where you could get a solid squeeze... and in cryptoid-land that could be up to 400% on some coins. The ones that look best to potentially set up so far are:
DAPPT
XTZ
XMR
FIL
ENQ
XRP
I will post charts if these actually do make an attempt to put in a nice bear market bounce.
XMRUSD ❕ declining volatilityAfter Monero fell in the liquidity zone, volatility decreased and then the price reversed.
Main MAs show bullish sentiment (30m TF)
50MA break up 200MA (1H TF)
Price is above liquidity.
XMR ignored the reversal signal from the TD Sequential indicator (1H TF)
Volatility is declining.
I expect that the price will correct to the support level and after fixing above it may continue to bounce.
Monero (XMR) - June 16hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(XMRUSDT 1W Chart)
121.8 or less is likely to be a mid- to long-term investment area.
Therefore, the key issue is whether it can rise above 121.8 and receive support.
(1D chart)
If it fails to rise above 121.8, there is a possibility that it may decline to around 61.5-84.6, so careful trading is required.
I think that the volume profile section formed over the section 61.5-84.6 is the source of the power that supports XMR.
Therefore, if you see support in the 61.5-84.6 section or higher, you can start buying from a mid- to long-term perspective.
However, if it fails to rise above the 121.8 point, we will have to increase the number of coins corresponding to profits through short-term trading.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
XMRUSDXMRUSD
The chart was in an uptrend. The trend line has been broken
Target-price 1 - 173
Target-price 2 - 158
Target-price 3 - 141
Why is Crypto Crashing? Is Celsius Insolvent?BIG NEWS out this evening of June 12, 2022. Celsius, a leading crypto lending platform, has halted withdrawals. Historically, this is a sign that a platform is fearing a "bank run" scenario and is willing to sacrifice customer trust to maintain financial solvency. Rumors have been swirling this week but now it is confirmed.
In this video I share what this has historically meant and share my opinion on what I think investors should be watching.
The financial news tomorrow will no doubt cite this news as the "reason" for the weekend crash... but Technical Analysis was clear going into June that crypto was in a bearish cycle and major supports were already breaking.
XMRUSD ❕ active buyingMonero tried to break the descending channel.
When trying to break through, the price is actively being bought back.
Price oversold on RSI (1H TF)
A reversal signal TD Sequential (1H TF) is forming now
I expect that price may bounce if it fixes above the lower boundary of the channel.
XMR US draft bill to eliminate anonymous crypto projectsMonero's (XMR) is popular due to its ability to help anonymize users.
The transactions are much more difficult to trace because they use stealth addresses.
But that is not what regulators want for the crypto space.
A leaked copy of US draft bill proposes to eliminate anonymous crypto projects.
DAOs, DeFi and exchanges will be required to legally register in the US!
After XMR hit the $200 resistance, i think it will drop to $137.
Looking forward to read your opinion about it.
XMR Monero riseMultiple channels have confluence of resistance at 225-228 that price will likely meet if CCI breakouts of its downward trend soon.
Inverse head and shoulders printing with a measured move to 246.
$XMR - Price entered Bullish Breaker - Will Act as support *SMT* My Last XMR Signal did not go as well. However, I believe I found where I went wrong and will be able to correct it with this signal.
*SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
So we have a long term Low High Lower-Lower formation in the upward movement of the price action of the chart. The high candle is the the Breaker. This is part of Smart money theory that's hard to explain without giving a video. But the price at this point should not get lower than the last up candle between 170 and 175. My entrance was 175.50. Stop loss is 169 and aiming bullish for the inverse ofr the 62% around 194.50. Then it might return lower, I'm not sure. But I think this Breaker Will hold and cause a short bullish run at least.
Closer up of the the chart
After it completes the run, The I have a feeling it will have another decent fall into the imbalance belowe the currrent support as seen pictured here:
Lastly, if the price stays near where it is, it is in confluence with the exit of the trade as there is a bearish order block right at the price near 194-195
As for now. I'll be on top of this trade and keep it updated as much as I can. I'm only trading 3 cryptos right now, BTC,ETH, and XMR. We'll see if I'm right this time.
SKILLING:XMRUSD
GATEIO:XMRUSDT