XMR/USD Main trend (part). A cup with a handle is formingThis idea is just an update of the previous closed trading ideas of the main trend (to understand what is happening) and the secondary trend (to work) for 2020. I updated, so to speak, after reaching the goals of 480.18 Linear chart specifically to remove "market noise" (squeezes).
The main trend (part). A cup with a handle is forming. The cup with the base of almost 1000%. After reaching the level of $480 a pullback (formation of a classic TA handle to this huge cup) takes place.
It is rational to enter the market on a breakdown or pullback after the breakdown of the descending secondary trend (purple), which is also a resistance of the handle to the cup. Another option is to dial in portions from the support level zones by martingale, on a reversal on the underlying can also be on the breakdown of the pyramid. In very hard times for very fat wallets will show great profits in the moment...
It's worth recalling that the monero (XMR) refers to "anonymous cryptocurrency" in the crypto community. Remember where the founder of this cryptocurrency rested for a long period of time and where he is now. Therefore, we can put a point on anonymity (large amounts).
I am sure in connection with recent events in the world and the destruction of the finances of Russian oligarchs and not only this cryptocurrency will be actively used in 2022.
The liquidity is not comparable to BTC and ETH, so the price can significantly swing at a moment's notice by the cornered.
My previous trading idea for this cryptocurrency:
XMR/USDT Main Trend (long term)
From and to. 118.666 - 480.18
XMR/USDT Local work. Channel. Pivot area
XMRUSDT
XMRUSDT D1: 100% gains XABCD BEST LEVEL TO BUY(SL/TP)(NEW)Why get subbed to me on Tradingview?
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XMRUSDT D1: 100% gains XABCD BEST LEVEL TO BUY(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: always do your own due dill.
not financial advice.
🔸 Summary and potential trade setup
::: XMRUSDT D1/candle chart review
::: new setup based on XABCD patter
::: still great setup for 100% gains
::: updated / revised / more realistic scenario
::: break below current monthly low
::: expect actual low point C at 168 USD
::: at point C / so it's cycle low soon
::: speculative XABCD setup in progress
::: BULLS BUY CS / after correction
::: from my level TP +100% gains
::: this is BUY/HOLD setup
::: patient traders only
::: not for gamblers
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +100% gains USD
::: details: see chart
::: FINAL TP +100% gains point D
::: recommended strategy: BUY/HOLD
::: SWING TRADE: BUY/HOLD IT 168 USD
::: final TP BULLS is 370-380 USD
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/PUMP/point D
::: Sentiment short-term: BEARS/PULLBACK/point C
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
MONERO (XMR) For anyone buggin' about not hittin' that lick...As you can see from my hourly Monero TA (if you can excuse all the insanity, this is my most looked at and edited chart), we are at the very low end of the RSI spectrum, coupled with a very steep drop from our cataclysmic rise several days ago. This is a PERFECT long position to be in for anyone like myself who just did a beautiful short/long flip in my futures.
Weeeeeeeeeee.
♠️🤫🐿
XMR going strong💪Monero broke up this triangle📐 and I think there is chance for run to 372 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback. Notice how price action respects the Fibbonaci extension applied to initial impulse. 0.618 already broken, 1 just tested. Next hurdle will be 1.272 and finally the 1.618 which corresponds with the triangle target. Easy breezy, beautiful.
ENTRY : local high @ 282
STOPLOSS (SL) : local low @ 248.9
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 372
REWARD RISK RATIO (RRR) : 4.3
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
XMRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for XMRUSDT
The price has a rise when it broke the white line. Now it is moving near the resistance line although it couldn't break the line and move over it. We believe it moves to the support line. If the price is not supported, it moves to the next support line. In case it breaks the resistance line and the entrance candle is observed, it continues its rise to the next resistance line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
XMRUSDT Is showing divergence at the top of the channel
XMRUSDT Is showing divergence at the top of the channel . The price is making higher high but RSI is show Lower low. The price has got rejected from the top of the channel from a major resistance. We can expect that the price breaks below the lower band of the channel and continues to go lower.
💎 XMRUSDT
🔵 Entry zone 280.8 - 262.5
🟢 TP1 239.0
🟢 TP2 208.0
🟢 TP3 140.0
🔴 SL 297.0
Good Luck 🎲
Nice weather up here! (MONERO/XMR) This is just a thank you to everyone who has been following me the last couple months through this Monero breakout... 🍾
We could definitely see a drop to retest 275 or even lower, however the overall positive trend since the end of Feb is bullish all around.
Definitely a bit of a celebration for me with how much passion I have for Monero, privacy tokens, and personal liberty in general. 🎉
♠️🤫🐿
XMRUSDT - SETUPXMRUSDT price is breaking out strongly the long-term resistance with some sustainability, So we are expecting a good upside move if bulls enable their presence. Watch out the levels!
Monero (XMR) back into the rainbow 🌈Monero still showing bullish signs. I wouldn't expect another all-out pump, albeit we can never be sure.
However, what I'm personally expecting as of now, is for Monero to bounce around inside this rainbow of parallel channels that I created way back during the big dip on the 2/24/22.
As long as Monero continues within this rainbow (which it has been doing now for almost 2 solid months), we are in good shape.
♠️🤫🐿
#Monero adds 90% From Q1 2022 Lows, Will #XMR Rally to $300?
Past Performance of Monero
Monero is stable in the previous 24 hours but up eight percent versus the USDT in the previous trading week. Technically, buyers are in control, adding roughly 90 percent from Q1 2022 lows. #XMR remains bullish above April 18 lows and the support line marked by the flexible 20-day moving average from the daily chart.
Monero Technical Analysis
Overall, #Monero buyers have the upper hand reading from the candlestick arrangement in the daily chart. Even though the uptrend's momentum appears to be slowing down, the inability of sellers to completely unwind the gains of April 18 and break below the $230 signal strength. As a result, traders may find entries on dips above $230 with an immediate target at $300. On another approach, risk-averse buyers can wait for a clean break above $270 before trading with the primary trend. If sellers press lower, losses below April 18 lows and, most importantly, the middle BB may entail a bear breakout, possibly driving XMR towards $185.
What to Expect from XMR?
Monero is firm to the upside, finding support above the middle BB. Based on the formation in the daily chart, XMR may float higher to $300 provided buyers sustain prices above spot rates.
Resistance level to watch out for: $270
Support level to watch out for: $230
Disclaimer: Opinions expressed are not investment advice. Do your research.
Golden Pocket Retracement to $380 for Monero! 🚀🚀🚀Hey Traders,
As you can see, the Weekly Candles of XMR (Xonero) reveal a Falling Wedge pattern via the bodies. After a large downtrend, the 0.618 level from the peak to the trough is the most common retracement zone (AKA the Golden Pocket). The price breakout out of the falling wedge is also set near $400 (based on the first impulse-up move within the pattern). The ABCDE Elliot wave is not that accurate so it is just for show... Tp at $380
Another reason why XMR recently pumped is that an exchange had someone's balance on paper, not actually in reserves. So someone with a very large amount needed to withdraw so the exchange bought the XMR all at once in order for the person to move it. This was a coordinated move by the Monero community to test the exchange's reserves which ultimately proved correct.
Safe Trading,
-Pulkanator
Monero XMR inverted head and shouldersMonero is showing another head and shoulders formation in the chart -- she's looking towards the sky...
"Sir.... we were cleared for style="color:#FFFF00">take off over an f'ing week ago, standing by at mandatory hold M-69-420 awaiting departure clearance." ... 🛫
🤞🏼 - 🙏
♠️🤫🐿
XMR LONGThe XMR is upwards and after reaching the resistance, it has a fall
If the number of followers reaches 100 this week, I will put pure analysis every day.
Follow fractal_analysis98
Monero breakout! (XMR) poised for a run!I realize that it is floppy Friday, (...and tax day for us stupid Americans) .
However, Monero has been continually making positive moves throughout this entire last bearish 10-14 days we've had with BTC and the rest of the crypto-verse.
I have been following Monero more closely than any other coin/token/currency that I chart.
I've been mining XMR using cheap CPUs since 2018, and have been heavily invested since fall of 2017.
I personally just sold all of my Ethereum and threw it into XMR. if anything... I'd be on the lookout
♠️🤫🐿
Monero (XMR) insanely undervalued!Throughout the last 7 weeks since the beginning of the geo-political turmoil, XMR has continued a steady, albeit slow, predictable rise through all manner of chop coming from BTC and ETH.
You can even see large parabolic downshifts in which -within a matter of hours, or a couple days- Monero returns to the exact same trend, as if nothing had ever taken place.
I am currently working on a video about this overall positive Monero trend going on; with that being said, Monero is incredibly undervalued right now.
♠️🤫🐿
XMRUSDT 🏹see and watch :)
The general trend is going on in an uptrend channel and in that uptrend channel a smaller downtrend channel is broken and we will probably have one of the two moves in question ...
$XMR (Monero) Swing Long Update +53% #MONERO #XMRWe have hit our first target for the $XMR swing with a 53% Profit! The trend is your friend, follow it. Congratulations to those who entered this long position!
We will hit our 2nd Target in time!
XMR aint ready yet?Nice pumpypump but looky bitty correctivyyy
--- or break 278
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
Monero vs Tether Is Green For 7 Weeks...We have 7 weeks of bullish action for XMRUSDT (Monero vs Tether).
EMA50 was conquered after mid-March and we have everything bullish.
Bullish RSI, MACD trending up and the long-term downtrend that started in May 2021 is now gone...
Please check the XMRBTC trade idea...
We are looking for similar Altcoins to get through the storm.
Namaste.
Monero (XMR) - April 11hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XMRUSDT 1W Chart)
Resistance: 280.3-311.3
Support: 125.0-156.0
(buy)
- After confirming the support in 239.9
- After confirming the support in 218.2
(Stop Loss)
- When it falls below 190.0
(Sell)
- When receiving resistance in the section 280.3-311.3
- When receiving resistance near 404.5
Careful trading is necessary as there is a possibility of a wiggle up and down to cross the 60 SMA line passing near 239.9.
If it rises above the 280.3-311.3 section, it is expected to surge.
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** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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.)
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