XMR/USDT Breakout Above Key Resistance?👀🚀XMR Today Analysis💎 Paradisers, let's focus on #XMRUSDT as its demonstrating a potentially significant market move. $Monero is currently poised to challenge a substantial resistance level, signaling a high chance of a bullish breakout.
💎 Observing #MONERO recent activity, it's evident that it's testing the internal resistance at $177.1 for the third time. Its current position in the demand zone further bolsters the likelihood of breaking above this level. Should #XMR successfully surpass this resistance, we're looking at an optimistic target of reaching the higher resistance level at $209.9.
💎 However, as astute traders, we must always be prepared for various outcomes. If #XMR struggles once again to breach the $177.1 resistance, we might need to shift our focus. This could involve anticipating a bullish recovery from a lower support level at $159.9. Yet, be aware that a break below this support could lead to a downward trend. 🌴💰
XMRUSDT
XMR/USDTMonero is printing a inverse head and shoulders pattern inside of a symmetrical triangle, the diagonal dotted line is acting as support right now, I have measured both targets for both patterns.
GL
monero waiting for break out.Monero try to break small channel down pattern.
If XMR success to break up, we will have a good bullish movement with target at fibonacci projection.
this target at $186.6 also same level as january resistance
don't forget to like this analysis,
If you have any question, do not hesitate to contact me
Your support at this analysis will also support Monero to reach bullish target
Click here to check my other analysis
XMRUSDT.1DBased on the provided market data for XMR (Monero), the current price stands at 169.4 USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 52.05, 63.38, and 62.35 respectively. These values indicate that the coin is neither overbought nor oversold.
The Moving Average Convergence Divergence (MACD) values for 4 hours, 1 day, and 7 days are 0.4, 3.4, and 2.3 respectively. The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. The current MACD suggests a bullish trend in the short term.
The Bollinger Bands (Bb) for 4 hours, 1 day, and 7 days are 172.4, 176.9, and 177.4 respectively. Bollinger Bands are a type of statistical chart characterizing the prices and volatility over time and these values suggest that the price is relatively stable, with slight volatility.
The support levels for 4 hours are 167.5, 162.8, and 159.0; for 1 day are 166.0, 158.0, and 146.9; and for 7 days are 156.7, 136.0, and 131.0. Support levels are the levels at which the price rarely falls below.
The resistance levels for 4 hours are 173.0, 182.0, and 187.0; for 1 day are 176.0, 187.0, and 209.0; and for 7 days are 188.0, 211.0, and 240.0. Resistance levels are the levels the price rarely surpasses.
In summary, based on the technical indicators, XMR seems to be in a bullish trend in the short term as indicated by the MACD. However, the RSI values show that the coin is not in the overbought or oversold territory, suggesting a balanced demand-supply scenario. The Bollinger Bands indicate that the price is relatively stable with slight volatility. The support and resistance levels provide potential points of reversal for consideration.
Please remember, this analysis is based on historical data and does not guarantee future performance. Always conduct your own research and consider your financial situation before investing in cryptocurrency.
Bullish time at MoneroI have a big bullish target for monero at previous analysis, and today I found another bullish pattern.
After symetrical triangle resistance broken (previous analysis),
we have diagonal support line (black). This support will be a good line to hold next bearish movement if we have pullback.
Monero also touch fibonacci 0.618 support with a big shadow, 1.618 profit projection at $185.51 will be a good target for now.
$174.72 previous high become new bullish confirmation. If this level break up today, we will reach $185.51 target soon.
I will update more about Monero if I found another great pattern
Don't forget to support this analysis,
If you have any question, do not hesitate to contact me
Your support at this analysis will also support Monero to reach bullish target
Click here to check my other analysis
XMR elliot wave analysisHi
here is the complete wave analysis of XMRUSDT which is filling the wave X
XMRUSDT Awaits Explosive Growth⚪ XMR has been locked in a year-long triangle pattern, where it straddles the line between bullish enthusiasm and caution. The crucial takeaway here is the unwavering commitment to the long-term demand, as evidenced by its faithful respect for the uptrend trendline. This, my fellow traders, is a strong indicator of the resilience and potential staying power of Monero. 📊
⚪ However, the crypto remains tethered under the grasp of the downtrend trendline, an aspect that often makes investors hesitate. But let's not overlook a significant development – the recent and clean bounce off the 78.6% Fibonacci retracement level. This isn't just a bounce; it's a sturdy support, working in harmony with the uptrend trendline.
⚪ The magic number to remember is $134 – a key support zone that, when respected, solidifies our confidence in the continuation of an uptrend. It's important to comprehend our trading strategy. We've decided to seize the moment and take a long position in XMR without waiting for the elusive breakout of the downtrend trendline. Why, you ask? Well, we've already identified a compelling risk-reward setup.
⚪ Moreover, we're keeping a close watch on the downtrend trendline. It may very well crumble under the pressure of intensified buying, presenting a slightly tardy but still promising entry point for long-term buyers. The nitty-gritty, including our trade signal with stop loss and take profit levels, is conveniently available in our channel.
XMR can go upBy examining the chart, it seems that we have a symmetrical one, and its final branch, i.e., looks like a triangle.
It can go up by keeping the green area. The red box can be the target of this upward movement
This is an update to the analysis linked in the relevant section
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
XMR is near the razor's edge!From where I entered "START" on the chart, the XMR symbol has entered the corrective phase.
The structure of this corrective phase is twofold. We've had a diametric followed by a wavy X and then another diametric again. We are now at the end of the second diametrical F wave. Wave G can end somewhere between the drawn fibos corresponding to the relativity of wave A to wave G of the second diametric.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
XMRUSDT's Low-Risk, High-Reward TradeXMRUSDT currently offers an exceptional risk/reward ratio, making it an enticing buying opportunity. Our approach is conservative, emphasizing minimal risk exposure while holding the potential for substantial profits.
XMR/USDT Break Alert, Bullish Momentum ?? Moreno Analysis Today💎 XMR has certainly caught our attention. After breaking out of the ascending triangle, XMR showcased a notable upward surge. However, it currently faces resistance at the supply zone, and given the candlestick patterns, there's a likelihood of XMR retracing back to the support level to gather momentum for another attempt at breaching the supply.
💎 Should XMR manage to break through the supply zone swiftly, we could witness a significant rally, propelling it towards the major resistance area.
💎 On the flip side, if XMR retraces to the supply and fails to find solid footing at the support, there's a risk of it dropping further. In such a scenario, XMR might revisit the robust demand zone once more.
XMRUSDTIn the weekly timeframe, the head and shoulders pattern is quite evident, and in the event of a Bitcoin decline in the long term, this currency has the potential to drop to the range of $80.
MONERO SHORT IDEAin btc pair monero weekly around overbought area for stoch rsi, also as you see in channel we can try short position for upper resisitance area of channel. i believe it could give us good profit.
Box range: 140.50-148.12Hello?
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(XMRUSDT chart)
(1D chart)
To continue the downward trend, it must fall below 143.43 and show resistance.
If not, it is expected to rise above 145.55-146.69.
However, since a trend is expected to be formed only when it breaks out of the 140.50-148.12 box range, I think it is better to respond briefly when trading within the box range.
(1h chart)
Support and resistance areas are formed in the 142.88-145.0 range.
Therefore, in order to maintain SHORT, it must fall below the 142.88-143.91 range.
Therefore, it is recommended to respond briefly in the 142.88-145.0 range.
If it falls below 142.88, it is expected to fall to around 137.8-139.03.
If it rises above 145.0, it is expected to rise to around 147.15-147.55.
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To sum up, since it is within the box section, short section trading using the top and bottom of the box section is in progress.
If you do not want to trade in a short corresponding zone, it is better to wait for a break out of the box zone on the 1D chart.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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$XMR waiting for a double breakoutOMXSTO:XMR waiting for a double breakout, entry loading????? OMXSTO:XMR inverse H&S pattern loading inside a triangle pattern.
If the market breaks the neckline and the resistance of the triangle pattern we can expect more to the upside.
Keep an eye on this. This will be a huge thing near future if the above mentioned scenarios happened.
XMR: Support BreakoutMonero (XMR) technical analysis:
Trade setup : After getting rejected at $170 two- or three times (Double or Triple Top pattern), price broke below $150 support and could revisit $132 support next.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish).
Support and Resistance : Nearest Support Zone is $132. The nearest Resistance Zone is $150 (previous support), then $170, and $187.
XMRUSDTBINGX:XMRUSDT.PS
By EMA 30 & 50
Ichimoko
Order Blocks
you can use it
the Stoploss set by ATR but you can change it by yourself idea
lets go
XMR on the long list with the level of 139.8Hello everyone!!!
AIHermes today identified the coin XMR on the long list with the level of 139.8
Entry model - breakout! Leverage 10-20X
Stop is very short.
1st target - 142.
Trade with us, trade better than us!
Today:
18 coins on the short list
12 coins on the long list
Monero Money Flow Picks Up: Should We Continue Trading?The money flow within the Monero ecosystem has recently picked up, leaving me wondering whether we should continue trading this cryptocurrency.
Over the past few weeks, Monero has shown signs of increased activity and market interest. The trading volumes have surged, indicating renewed enthusiasm from investors and potentially creating new opportunities for traders like us. Monitoring the money flow within a particular market is crucial for making informed trading decisions.
The recent rise in Monero's money flow has sparked my curiosity, prompting me to evaluate whether we should consider increasing our trading activities with this digital asset. While the reasons behind this surge in money flow can vary, it is essential to delve deeper into the factors influencing this trend to determine its sustainability and potential profitability.
We must engage in an open discussion about the current state of Monero and its prospects. Together, we can analyze the market dynamics, assess the potential risks and rewards, and ultimately decide whether it is wise to continue trading Monero.
Therefore, I kindly invite you to share your insights and opinions. Your experience and expertise in the trading field would be invaluable in helping us make an informed decision. Please feel free to voice any concerns in the comments or questions regarding Monero's recent money flow surge or other factors that may influence our trading strategy.
I look forward to your response and the opportunity to continue our trading journey with Monero.
XMRUSDT and the ascending triangleHello everyone! XMRUSDT has been accumulating for a long time, so to speak, and globally forms the "ascending triangle" support. Now, locally, we are at the lower border of this figure and, logically, we should reach the resistance level, which the coin has already beaten three times - in the 175 rhine. I would like to note that the graph of the coin is very positive compared to the rest of many alcoins
SasanSeifi 💁♂️XMR👉1D🔻 149$ / 145$Hey there! In the daily timeframe, we can certainly see that after a rise from the $172 range, there was a corrective trend. And now that the price has broken through the LOW $155 mark, I'm kinda thinking we might see it adjust around the $149 and $145. However, it's always good to see how the price reacts at support levels. What's your opinion? Do you agree with this analysis?
Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.❗
Wishing you loads of success in your trading adventures, my friend!✌
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
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XMR/USDT possible scenario?👀 Monero(xmr) Today Analysis
💎 XMRUSDT is making a promising move as it successfully mitigates the supply zone containing the bearish OB and fills the imbalance.
💎 Currently, we observe that it has been rejected several times from a certain resistance area, indicating a loss in bullish momentum.
💎 The RSI also shows a significant downward move. If the price breaks the resistance level, it will set up bullish momentum.
💎However, if it fails to break the resistance, the price could take a downward turn to mitigate the Bullish OB
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
