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XMRUSDT

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.
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by cryptotraderog
1
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
Long
by Yuriy_Bishko
21
XMRUSDT (MONERO) - POTENTIAL BUY ENTRY ANALYSIS 🔎 - XMRUSDT was resisted by the descending trendline resistance. - Price brokeout above the descending trendline resistance. - Price then retraced to the key fibonacci retracement levels (0.5 - 0.618 - 0.786). - The retracement is bounded in the bullish flag pattern. - There's an uptrend potential. BUY ENTRY ⬆️ - Breakout above the bullish flag's resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Fibonacci extension levels. - Horizontal resistance level (R2). SETUP INVALIDATION ❌ - Breakdown below the 0.786 fibonacci retracement level.
XLong
by Chibuike_Odoh
2