XMRUSDT
XMRUSDTAfter making a new Weekly Control Candle, price moved down to the lows. Potentially finding some support. Waiting to break above making a new high and testing the breakout for more higher highs.
XMRUSDTA good risk-reward scenario has developed on XMRUSDT. Wait for a bullish confirmation candle or pattern to appear before entering the trade. See the chart. Good luck!
XMR formed Cypher pattern for upto 40.5% bullsih rally
Hi friends, hope you are well, and welcome to the new update on Monero.
On the weekly chart, the price action of the XMR has completed the final leg of bullish Cyhper and entered in the potential reversal zone. The price action is breaking down the 50 simple moving average but we have another good support of 100 SMA below the buying zone.
Possible profit and loss ratio:
This trade has a profit possibility of 40.5%, and the loss possibility is 10%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
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XMRUSD it can be a best opportunity to buy the dipHey friends, hope you are well, and welcome to the new update Monero.
On Feb 9, 2020, I shared the idea where the price action of XMR formed a big bullish BAT on the monthly chart, now the priceline has started to move to the upside and so far it has produced more than a 120% rally.
Pivot support and EMAs:
Now if we take a look at the live monthly chart, then it can be observed that the price action also had pivot 1st support below the potential reversal zone that helped well to the priceline to move up. In this rally, the price action has also crossed up monthly exponential moving averages 10 and 21.
Long-term support and resistance levels:
On the weekly chart, the different long-term support and resistance levels can be seen. The price action of XMR has broken out the $100 and $140 resistance levels and re-testing the $140 as support. The next resistance levels would be $140, $260, $330, and $450.
An up-channel formation:
On the same weekly chart, the price action has formed an-up channel and it is re-testing the support of the channel and weekly EMAs 10 and 21 as well.
Ichimoku cloud:
The price action has already broken out the weekly Ichimoku bearish cloud resistance and now re-testing the conversion and the baseline supports.
Another big bullish BAT:
Now if we take a look at the XMR with Bitcoin pair’s 2-month chart, then the Monero has formed another very big bullish BAT and entered in potential reversal zone. This time we again have pivot 1st support beneath the potential reversal zone.
s3.tradingview.com
Conclusion:
The priceline of Monero is re-testing different support levels therefore the re-testing of these supports would be successful then it will be the best buy the dip opportunity.
XMR/USDT 4 Hour Ascending triangleIn this idea we see XMR has reached the ascending triangle at the end of my parabolic fractal. It seems to have pumped out the triangle, found support on top, fell through to apex of triangle (probably due to bitcoin movement) and should now start heading to the upside if Bitcoin cooperates. Right now we are about to see Bitcoin go up and make what I believe will be a double top. This will give XMR a bit of room to run and even if these targets are not hit completely before the correction on Bitcoin we will see a return to these levels in the resulting altseason. If you agree throw me a like and follow me for more unique ideas and concepts that keep you in the gains.
XMRUSDT Did it find support or can it drop more?While BTC has lost almost 1/4 of it's value all the alts are trading lower. For XMR it seems to have found support around the 130 dollar area which has acted as previous support and resistance. This could be a potential bounce for XMR although it might also be too early to tell. BTC seems to be trading against resistance and if it does get rejected we might see all the other Alts trade lower as well.
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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.
MONERO DAILY CHART- To look for an opportunity in this currency I would wait for the rectangular area. If the price reaches this area, we will look for signs of a possible turnaround, such as an engulfing candle or a double bottom pattern.
- This area is a good investment opportunity, as we can have a great bullish run if the price goes for its historical highs. If the price turns in this area, we can also cover very easily with a stop losse in break even.
MONERO WEEKLY CHARTXMR has broken the accumulation area where it has been since 2019 with a vertical movement and an increase in volume. We can expect the price in the control zone marked as a rectangle,is an area where a lot of volume has been recorded in recent years according to volume and it is possible that the price will make a pullback to this area looking for such volumes. We can see it on the daily chart.
XMRUSDT UpdateXMR was rejected by that 4hr ichimoku cloud and came back to test support the 150 area. Like we said Long opportunities will be looked at but only once it overcomes that cloud and turns it into support.
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.
XMR Symmentric Triangle, Breakout coming Monero is one of the most used cryptocurrency on the dark web. The coin has a lot of room for an upward moment. XMR is now at the edge of the symmetric triangle and we see a breakout anytime. Bitcoin is stale and alts are pumping, XMR breakout will be huge. Don't miss it out. XMR deserves to be in the top 10.
Buy Range: 150-155 (Buy More in Dips)
Target: 172-188-205-235-265-300-330
XMRUSDT LONGXMR is trading in a nice range and seems to be bullish, however we would only to start looking at it once it gets above the 1hr ichimoku cloud as well as the 4hr cloud.
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.
Monero 48h before a short or longIn less than 48h we should broken the triangle and see if we go to $192 or $111. We have been in a beautiful canal for 1 year
XMRUSDTXMRUSDT, buy new daily candle. Price is above 200EMA, RSI above 50, and a Volume divergence bar is forming. I have included a possible mean exhaustion point. Good luck!
XMR wants to continue upIf R1 is broken, very likely that R2 is broken and continue to (at least) touch the latest high.
XMRUSDTMonero is a great alt coin in the current season you can get profits of but not in the short term for now and with this analyzis ofc but we show you here your profit map in longer terms
first thing first : the chart needs to hit the retracement so it will play a bit in the time
but it also has a bearish trend in the lower frames so be ware of that if you are scalping
whats the overall bias for like next week? BULLISH
XMRUSDT Correction is diminishing.The Market has created a Corrective Elliott Wave Barrier Triangle. Correction is expected to end together with the resumption of the uptrend.
$XMR breaking down from rising wedgeAfter the strong rally of XMR, a correction wouldn't be shocking.
Something to keep an eye out for
EJ - Just for fun
XMR/USDT BUY SIGNALTrendline got rejected, price is about the 200 Moving Average. This still confirms the validity of an uptrend. Lets go Monero...
