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XMRUSDT

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
Monero XMR Prepare For SellOffThe crypto market is living its last bubble days. The prices do not reflect any fundamentals. Cryptos are pure retail investments gambling at this point. Monero XMR Market Cap $4,444,410,296 vs Biggest German Bank, Deutsche Bank 23.864B Market Cap Moderna - saves the world from Covid-19 - 69.146B Market Cap Ebay - Market Cap 42.174B FORD - 42.174B MARKET CAP When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends. When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing. If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
KRAKEN:XMRUSDShort
by BuySellMarketMaker
4
XMR finding support and starting its next leg upwards 🚀XMR seems to have broken out of this ascending triangle quite early and we were hoping for another rejection of this resistance as it would have made setting a momentum long order very interesting. Seeing as this did not happen and XMR broke up earlier that expected I was not willing to trade it but it is already back at the top of this ascending triangle which can be a great test of support. If XMR does find support here I would look at laddering some longs around this area, although if XMR can't hold this support level I would be looking at the 230 dollar area as another support level to ladder some long orders.
Long
by TheForecasters
XMRUSDT (MONERO) - POTENTIAL BREAKOUT ANALYSIS 🔎 - XMRUSDT printed a falling wedge pattern. - A falling wedge pattern is a bullish reversal pattern. - Price brokeout above the falling wedge's resistance. - Price action is printing a double bottom. - This is also a trend reversal pattern. - Price is testing the neckline resistance. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the neckline resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). SETUP INVALIDATION ❌ - Breakdown below the double bottom horizontal support level (S1).
XLong
by Chibuike_Odoh
4
XMR - 6h. Sellers are preparing for the test of $120-125On January 10, there was a fierce struggle in the XMR market for the range of $168-172. Volatility that day was rampant and the prospect of continued growth as well. Trading volumes were abnormally high. On this day, the price of XMR fell sharply and hit the mark of $120 in 2 weeks. The new buyer's attack on January 27 looks much weaker. Particularly low volumes near the critical range of $168-172. At the moment, buyers look weak and unable to keep this range. If sellers take control of this range - globally we will expect a repeat test of the range of $120-125. Given the high probability of BTC correction , scenario for continued growth to the mark of $200 is still alternative. It will become the main one after consolidating buyers over $168-172 P.S. Our global idea was to turn around from $ 172.5 _______________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
X
by P_S_trade
5
XMR starting its Bull Run XMR has overcome a major resistance area and we can definitely see the start of a proper run here. We are looking to ladder longs once XMR has come back and tested this area as support. This will offer us less risk on our position and more reward. XMR has not even started its bull run yet and has a long way to go to get there. We are looking at capitalizing on this and many other alts which still hasn't seen their turn. - - - - - - - - - - - - Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice. I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.
Long
by TheForecasters
Will we see a strong upward move from XMR soon?XMR is trading at an interesting price level. It is inside the red ichimoku on the 4hr and has quite a lot of resistance up ahead. Once it overcomes these resistance levels and turns them into support then we will look at laddering some longs. For now we will watch observe and update. - - - - - - - - - - - - - - - Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice. I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.
Long
by TheForecasters