XMRUSDT
XMR: Breakout of macro pattern since 2019!!! There's a lot of hype around ADA, another privacy-focused coin right now, but I wanted to spotlight a MAJOR breakthrough for everyone's favorite currency for drug deals!
The descending channel that XMR has stayed in since 2019 has finally been broken! I've marked some previous major support/resistance levels as future targets. RSI is in overbought territory, so I expect the PA will retest the top of the pattern and hopefully not break through!
Who else has been hodling a few XMR over the years? :)
XMRUSDT AnalysisI am mostly positive about Monero. Engineering Robo 2 is giving a Buy 2 signal. In addition, the MA 20 (blue line) has started to cross over the MA 50 (yellow line), indicating that it is time to buy it. The candles are going up and have moved past the 72.70 resistance level. As long as the candle stays above the 72.70 level, I can buy it. If the candle moves down and breaks the 72.70 support level below it, I will wait for an open-close candle to sell it.
Monero, Show Us Privacy Still Matters! (XMR)Stage 1 breakout being tested right now with everything shooting green on monero.
Roughly 410 days since back to the stage 3 high of major structural Resistance.
Once we break here we will look to then hold to break the highs of stage 2 and stage 3 for a serious bullrun.
Keep an eye on the order book and watch the tape to see how much is being bought up on a breakout.
If this holds strong than we could see another correction and correlate with all indicators.
Anything can happen, stay sharp.
Expect a distribution and mark down here ...As you can see rsi rejected to touch over bought here, but something is here you didn't see ...
Hidden bullish divergence ...
Rsi needs to confirm the support line, so it has to do a little mark down, after that it will there for a while and mark up will start again.
So I recommend you to wait for a while, when you see a touch on 68 area and rsi touched the line, you can enter long to 71 and 72.
But if you see a break down on rsi line and the bottom line of triangle ... it means the long idea has rejected.
So keep your eyes open here ...
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Monero Daily price Breakout SetupCan you see 50 EMA is perfect Resistance here if close above than easy 5% trade
just leave it to you guys price close above 50 EMA on daily than buy and hold
it will pump 5% in no time.
XMRUSDT ANALYSISThere are lots of corridors in this coin. Firstly, the candles started the downtrend corridor and continued uptrend and downtrend corridor again. Finally, they are stuck in the rising wedge.
Their lines are too close to each other, so this coin is a little risky. Therefore, we should look at EngineeringRobo's buy and sell signals.
XMR TimeXMR break up the really important resistance on 70 USDT with nice volume, I will wait for close daily candle above this resistance and then go for a long position in pullback, 95 USDT could be a good target, have your own research before any position.
Take market easy.
Don’t forget to tap on like if you like my idea.
Monero breakout or rejectionHas reached the top of the descending channel after a false breakdown and retest of the $62 level. However price in a descending triangle. but price penetrated the weekly ichimoku cloud and RSI has room to rise.
If price move below $60, it is bearish.
Monero Break outs after years of consolidationI was personally buying on Leverage few days ago, finally we saw a nice small move up, after a small cooldown, we should continue pushing higher.
XMR MONERO BREAKOUT - EASY TARGET 70 XMRUSD XMRUSDT XMRBTCXMR MONERO BREAKOUT - EASY TARGET TP1 70
IF 70 BROKEN THEN TP2 82
Looks good and bullish trend is doing wellOk guys ascending channel confirmed, first resistance broke, in my idea next resistance is 68, breaking it means there is a chance to touch and test 70(it came by the pattern in the last idea about xmr)
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Take care, trade safe and good luck.
Strong support and hidden convergence ?That is really impressive! look at the support on 64!
Rsi forming a hidden convergence and its a high sign for bullish!
But bears are working in shadow as always ...
I recommend you to do long above 65 to 70 and below 62 to 59.
As always ... follow your own thoughs
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Take care, trade safe and good luck.
Uptrend is comingAs you can see market forming a bat here, rsi has a resistance line here and we are in the mid line.
There is two possibilities here:
1: breaking the mid line and go for a ride to 70.
2: fail to break rsi resistance and go down to see 59.
I recommend you to do long above 65 to 70~72 and do short below 63 to 60~59
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Take care, trade safe
XMR USDT-Should it go higherI think it would start a move. Market is bearish, so we should follow risk management. There is a hidden bullish divergence on 4H TF on XMR USDT. This coin had not moved so much lately. So I am placing my bets on it.
I would like to hear your ideas about this trade.
Entry - 62.56
TP1-63.65
TP2-64.25
TP3-66.07
SL- 60.95
DYOR before taking any trade.
Bear flag is formingIf price formed a candle above the red line(break it) or rsi break the red line, it means bear flag rejected, but if you see a good respect of rsi and price to these lines, you can see another down trend, and also I have to say you can see cross under in ma's ...
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Take care, trade safe
Looks like we have rsi convergence in xmrAlright guys this is my firs idea in xmr
As you can see we have ascending symmetrical triangle here, rsi goes up and macd shows that range is almost done, and volume confirmed that we have a big trend in our way(in 12 hours), we have support of ma's and also cross over in 50 and 200
As you can see we have 72 in 618 if we break 70 resistance!.
So I recommend you to wait for 69 resistance ...
If you see a candle above it, enter long to 72.
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Take care, trade safe
LONG - XMR - Trading OpportunityBINANCE:XMRUSDT has finally managed to break and close above the resistance that sent it to the depths of hell, accumulation can be clearly seen on the RSI all this time, this might take some time, but seems like a really safe play, lets get it.
Entry: 69.70
Target 1: 85.15
Target 2: 97.28
SL: 64.22
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Daily looks bullishAs you can see we are in a big ascending triangle, rsi is forming and respecting to the triangle and macd is finishing the triangle(It shows range is over).
We are in bullish trend because we had cross over in ichimoko and also price is above the cloud.
The trend will start after a little correction which would be in 65 area, and the target after breaking 69 would be in 76.
I looked in history for it, 76 in daily chart is one of the strongest resistances.
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe
XMR Target is 75$ afer cross the 70$XMR Target is 75$ afer cross the 70$, hard but its on the way
Good luck and best trading .
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