Possible Pennant Building In MoneroPossible pennant setup in Monero-USDT. Stoch oversold. RSI fairly strong, allowing for growth, waiting for volume, and price to go above the cloud. Would probably need to hit the trigger line before any real action takes place.
XMRUSDT
Monero back in the data sets already! LOLI just covered my long for -1% on my last XMR call and now we are back to having more positive data for big $ interest. Alas.. the life of a trader! lol... But, like so many other charts out there... (see my links for ETH and DOGE on this post for reference) there is no momo right here. Charts on all timreframes look to be in a slowdown and consolidate mode. This 1440 tick shows it well. Now, if you are long term bull thesis these are GREAT areas to accumulate. Finding the range and bidding in the lower areas can be a super good risk conscious way of building a position (lots of big funds do exactly that.) But, for us, we trade... and this isn't the pitch we are looking to swing at yet.... yet. :)
🔥 XVGBTC 🔥 +25%What is Monero??
Monero (XMR) is a privacy-focused cryptocurrency released in 2014. It is an open-source protocol based on RandomX formerly CryptoNote. It uses an obfuscated public ledger, meaning anyone can send or broadcast transactions, but no outside observer can tell the source, amount, or destination.A proof of work mechanism is used to issue new coins and incentivize miners to secure the network and validate transactions.
Monero uses different privacy-enhancing technologies to achieve anonymity and fungibility. It has attracted users desiring privacy measures that are not provided in more popular cryptocurrencies. However, it has also gained publicity for illicit use in darknet markets.
Target: 0.00498
Buy:0.0040
SL: 0.0037
XMR coming up with some big $ buying interest in the dataNot really a fan of the Monero project (too centralized) but the buying interest in this name can't be denied today. A good risk conscious bid might be in the 222.04 area for a target into all time highs; unless volume lifts from here... which it looks like it might, then the buying area would be higher. If it does this post will be updated.
MONERO, XMRUSDT is waiting for triggerHello my friends. Monero is ready and just waiting for trigger so keep it in your watchlist. You can buy it after the base band and fib 0.61 is broken. Everything is clear on the chart for you. Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Monero Will Hit The top Channel in a short time #XMRUSDTXMRUSDT
An obvious and none fibo target is hitting the top of channel
lets see what will happen
follow for being uptodate intime
wish you great profits
XMR Sell the pivotXRMUSDT - Intraday - We look to Sell at 228.5 (stop at 238.2)
Pivot resistance is at 229.0.
Preferred trade is to sell into rallies.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our outlook is bearish.
Our profit targets will be 202.8 and 193.7
Resistance: 225.0 / 230.0 / 235.0
Support: 213.0 / 205.0 / 200.0
XMRUSD 1hr & 1d Charts Looking Healthy; VERY BULLISHFundamentals very strong, despite some exchange delistings
Maintained, and broke out of bullish channel which started June 2020 - trading nicely above long term SMA on Daily, and its being used as resistance on the hourly. Triangle Breakout pattern formed? Im new to this please advise me and critique this :)
XMRUSDT (MONERO) - POTENTIAL BREAKOUT ANALYSIS 🔎
- XMRUSDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
XMRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We expect Monero to break the TP1 and go up toward the next targets. If it is not able to break it. We expect the price to come down to S1.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
XMR getting to critical zoneFollowing XMR and it seems like its getting to critical zone after a long consolidation time. Possible moves those is my thoughts are shown.
I shared an analysis for " if 212 price level holds its support" but it didnt.
Note: Consolidation may continue too. So make ur risk analysis well before you get into any position!
Monero (XMRUSDT/XMRBTC) Potential Long Setup 2021/03/05Long Trade Setup #1: False Breakdown
1. Price Action: Price breaks below the then rapidly climbs above $170, forming a bear trap
2. Trade Entry Confirmations: A breakdown candlestick followed by a reclaiming candlestick, above average volume on both breakdown candle and reclaiming candle, MACD bottoming
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
XMR LONGThis is one of my positions that im more than 80% sure and i spend more for it
you can buy monero if you are agree with me ;)
XMRUSDT - SqueezeA very tradable set-up in our team!
Accumulated position in the blue zone pushes up the resistance level!
P/P - 1/5
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Hidden bullish divergence targtet $280 back to test the topHidden bullish divergence on the Daily chart on the monero USD chart.
The negative momentum has played out and was bigger this time compared to the last low however it did not manage to push the price lower.
XMRUSDTBreakout bull flag chart patter after a retracement to Jan 28th trendline.
Price still in a "squeeze" so will be monitoring increased momentum to the upside before entering a trade
