$180 Price Target for Monero in the Immediate Short Term!Hello Traders,
As you can see a simple inverse head and shoulders pattern has formed on the 1hr of XMRUSD. To measure the breakout you take the head impulse and measure it above the neckline to find the breakout target. This move is approximately a 5% move, set your TP at $180.
Safe trading,
-Pulkanator
XMRUSDT
XMRMonero after the surge of 2016 until the beginning of 2018, we entered a correction that started wave 2. But it is not just any wave. It is a complex second wave wave. In which it involves continuation pattern. Pattern cup and handle figure. When we break out of this loop we will see higher high prices. And of course, for that to happen we need to see bitcoin restore prices higher and higher.
DISCLAIMER: Please note that my studies portray my personal opinion only and should be considered for educational purposes only. They should not be considered as a recommendation to buy or sell an asset!
I am not responsible for any damages to your capital. Your capital is at risk in the equity market.
Bullish Divergence on Monero (XMR)Shown here on the 4HR Chart of Monero (XMR) you can see that the Momentum Oscillator (RSI) is signaling a medium/ weak bullish divergence. Now, remember, the RSI means general strength, not what the price is doing. So when the RSI is trending up and the price is at a standstill you can bet that the upside is coming. Hope this helps for a short-term trade!
Safe Trading,
-Pulkanator
#XMRUSDT market is going down ↘️BINANCE:XMRUSDT
XMRUSDT is going to touch the 147.0 very soon keep waiting
XMR USDT is going to collapse BINANCE:XMRUSDT
the market of XMR USDT is going to change the trend downward
and that’s is easy to see in this chart
by applying the reversal cup and handle pattern on this chart we noticed that the market is trying to change direction for the price .
Notice , this pattern is a bearish continuation pattern / it means that the XMRUSDT market is going to take another direction for the bottom
XMRUSDT - LONGBased on technical factors there is a long position in :
XMRUSDT Monero
Score 2️⃣
🔵Long Now or set on Key Level 149.0
🟢Target 1 160.0
🟢Target 2 175.0
❌Stop loss 145.0
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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XMR - My Trading Plan in 2 mins!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for XMR, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
TORN Tasty Short OpportunityReady to take a dive. Momentum is in favor of the bears this is the bulls last rally.
XMR/USD - Chart SCREAMS to BUY! Breakout imminent! 😱XMR formed a large descending triangle and the volume on the past few days show that some big whales are buying XMR heavily.
Why?
Bullish cross on MACD.
Bullish divergence on RSI.
Volume spiking on daily.
OBV above the moving averages.
Bias - BULLISH. Probability is on Bulls side.
If we break above the triangle it will be game on. First key resistance at $272.
Enjoy the ride.
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XMRUSD D1: BULLS 85% gains BEST LEVEL TO BUY(SL/TP)(NEW)Why get subbed to me on Tradingview?
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XMRUSD D1: BULLS 85% gains BEST LEVEL TO BUY(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XMRUSD 1day/candle chart review
::: range/accumulation setup in progress
::: currently ACCUMULATION MODE
::: BULLS reload low near point C
::: BUY/ACCUMULATE near 180/200 USD
::: strong bullish chart
::: up to 75% gains possible later
::: short-term pullback possible
::: bulls wait for pullback
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +85% gains
::: details: see chart
::: FINAL TP is +85%
::: recommended strategy: BUY/HOLD after correction
::: best entry near C
::: TP BULLS +85% gains
::: SWING TRADE: BUY/HOLD IT
::: 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
::: Sentiment short-term: BEARS/DIPS
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 Daily TA : 01.14.22 : $XMRPossible trend of Monero ... All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 14.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Monero was a bitcoin killer, what now?On daily chart, BINANCE:XMRUSDT has been oscillating in range 170 - 345 so long time. This made many people to recede their fund.
Monero is the lagging crypto, perhaps.
So XMR has been accumulating too long to prepare for next wave. Because XMR is better than BTC in features. DYOR about XMR.
XMR might be at $1,800 if it can surge $350.
Let's wait and see.
Monero, BINANCE:BTCUSDT killer.
XMRUSDT - Key levels are being tested This would be at least the 5th or 6th attempt to test the 176.5 level on Monero.
If the price breaks below this key level, the next stop could easily be 124. It will mostly depend on how BTC will do in the next few days.
In my opinion, the more times this level is being tested, the more chance we'll have that sooner or later this break will happen, and the fall could be huge.
We have bearish movement on most of the timeframes and MACD is also turning red.
I'm already short from 188, but with a target of 168 and stop with 197. I know it could turn around and skyrocket back up, but I already made very good gains shorting the market in the past day.
Let's see how it goes...
XMRUSDT - SETUPXMRUSDT's price has jumped up and stayed above the strong resistance area at 205.0. after moving into a round bottom formation now bulls are trying to move the price into the upward direction and 240 will be their target area. Good Luck!
MONERO Daily TA : 12.23.21 : $XMRAs we can see, the price is in an important range and recommended to keep an eye on it ... 😉
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 23.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
MONERO - Don't Miss This Easy Setup! Monero is setting up for a massive bullish wave very soon. We are currently at a local double bottom and seeing some strength but the best place would be the bigger double bottom at the $120 level.
Trade Idea:
- Watch for a breakout of the descending black trendline for confirmation
- You can enter at the local double bottom (now) or you can wait for price to come down to the bigger double bottom
- Once entered, put stops below the lows
- Targets: 315 - 500 - Manage the rest
Goodluck!