XMRUSDT SHORTHello My friends , this is short setup for XMR , as you see rejected two times in daily time frame , target are obvious on the chart , not financial advice
do it with you own risk
XMRUSDT
a Massive Bearish Wave is Coming For Monero !Monero is showing Some Signs that It might be It's Downfall and that it's gonna Decrease a lot! SO if you look at the chart You can See that the Price Is in 2 Bearish Patterns! One is a Bearish Pennant and the Other is a Rising wedge Pattern which is also another Bearish Pattern.If XMR would obey the Patterns that It has Created, the Price will Decrease a lot ! So we consider the Pennant Pattern( S1) The Price will be around 65% which is a lot of decreasing! If we consider the Wedge Pattern (S2) The Price will be around 99$ which might be the More Logical Target For Now. But Expect it to be bearish In any Case.This chart and Info are Provided by our Sponsor WHITEBIT Exchange. Please Check their Exchange Using the link down below.
-XMR is in 2 Bearish Patterns
-Bearish Pennant and Rising Wedge
-bearish Pennant Target= 65$
-falling wedge Target=99$ (More Logical)
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Thank you for seeing idea .
Have a nice day and Good luck
$XMR - Short the week - It should bounce back around $105 *SMT**SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.*
As XMR just finished creating the Break of Structure on the low side and came up short of breaking the structure on the high side, it appears that this was just a runned attempt at a bearish order block to be rejected back down into the last 4 hour fair value gap area. I marked the weekly consequential encroachment (Half of the weekly FVG, $121-122) and entered short there....As it's rejected it starts to head toward the bottom of the 4 hour FVG which is also a confluence at the 79-80% which is where most rebounds happen. and that number is 104-105 as an opening. On this one I could go either way but the earlier I enterered the less of % wager I would press and low leverage. The later the stage it gets the later you enter the more you can wager and add leverage.
And taking from the smart money playbook the earlier and sharper the price rises during the week , the more it will fall as the week goes on. Low possibly being on Friday or Saturday, looking for it to get around 105 by then.
If you watch the analysis week by week, It's an obvious pattern.
WEEK 1:
WEEK 2:
WEEK 3:
Current Week:
Good luck and happy trading.
XMRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for XMRUSDT
In the current chart, we have R1 as a long-term resistance line and it shows the price was unable to rise at some points and then it was rejected. And S1 and S2 are our support lines and the well support of the price at some points is obvious on them. At the moment, we have the fluctuation of the price over S1 and we believe it will rise toward R1. If we receive entrance candles for the price over R1 and the price is able to fix its trend there, then we will have more rise for it. Also, it is possible for the price to move below S1 and face more decline down to S2 and then by a pull back toward R1, it will have another decline.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
#Monero may Rally another 17% if XMR Bulls Break $120Past Performance of Monero
Monero prices are floating higher, rising with the crypto tide. It is up five percent in the last trading day, bottoming up from the 2022 lows. Technically, buyers are steady, and prices are consolidating within a $20 zone. The immediate support is $100, while resistance is $120. As prices edge higher, a break above this liquidation level at $120 may spark more demand, fast-tracking the expansion of XMR prices in subsequent sessions.
#Monero Technical Analysis
Traders appear confident, reading from the formation in the daily chart. Sellers remain in charge from a top-down analysis since resistance is at $120. If bulls build on gains of June 19, a close above $120 may draw in more buyers targeting $140. This is the 78.6 percent Fibonacci retracement level and May 2022 lows of the April to June 2022 trade range. Still, bears would be back in the picture if prices pullback from spot levels to below $100 with rising trading volumes.
What to Expect from #XMR?
Monero is rising as trading sentiment shifts. Gains above $120 may see the coin add more than 25 percent to a critical reaction point in the short term. Nonetheless, XMR sellers are in control from an Effort versus Results perspective.
Resistance level to watch out for: $120
Support level to watch out for: $100
Disclaimer: Opinions expressed are not investment advice. Do your research.
Monero (XMR) - June 16hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(XMRUSDT 1W Chart)
121.8 or less is likely to be a mid- to long-term investment area.
Therefore, the key issue is whether it can rise above 121.8 and receive support.
(1D chart)
If it fails to rise above 121.8, there is a possibility that it may decline to around 61.5-84.6, so careful trading is required.
I think that the volume profile section formed over the section 61.5-84.6 is the source of the power that supports XMR.
Therefore, if you see support in the 61.5-84.6 section or higher, you can start buying from a mid- to long-term perspective.
However, if it fails to rise above the 121.8 point, we will have to increase the number of coins corresponding to profits through short-term trading.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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XMRUSDTDue to the loss of dynamic support, if static support is also lost, the price can fall more sharply.
XMRUSDT🔥XRM is trading near the support zone of $ 178 and is going to break support.
Approximate plan:
Entrance 178$
Take profit 155$
✅Do not forget to visit the channel there is a lot of useful information about trading.
XMRMONERO looks like has been in a long term falling wedge (bull flag) and now is few weeks holding above the resistance and Im expecting another leg to the upside to about $900
XMR US draft bill to eliminate anonymous crypto projectsMonero's (XMR) is popular due to its ability to help anonymize users.
The transactions are much more difficult to trace because they use stealth addresses.
But that is not what regulators want for the crypto space.
A leaked copy of US draft bill proposes to eliminate anonymous crypto projects.
DAOs, DeFi and exchanges will be required to legally register in the US!
After XMR hit the $200 resistance, i think it will drop to $137.
Looking forward to read your opinion about it.
XMRUSDT SHORTHello my friends , xmr showing the double top pattern in DAILY TIMEFRAME , so here is the level xmr possibily can reach !
not financial advice
XMRUSDT (MONERO) Daily TA : 06.01.22If you're in profit you can close 50% of your position and just leave the rest of it for more gain . If price can break this resistance the nexty target will be $ 265 .
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 06.01.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
XMR SHORT 1DMonero has hit resistance and is showing weakness after being one of the strongest coins for a while.
Targets shown on the Fib Expansion levels.
XMR SHORT IDEAClassic Elliott setup. The AOIs fit the concept perfectly. Would be a shame not to try. ABC corrective waves short.
XMR bounce of channel supportExpecting a bounce of channel support as bullish divergences have printed. Target is the former range support at 199.
$XMR - Price entered Bullish Breaker - Will Act as support *SMT* My Last XMR Signal did not go as well. However, I believe I found where I went wrong and will be able to correct it with this signal.
*SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
So we have a long term Low High Lower-Lower formation in the upward movement of the price action of the chart. The high candle is the the Breaker. This is part of Smart money theory that's hard to explain without giving a video. But the price at this point should not get lower than the last up candle between 170 and 175. My entrance was 175.50. Stop loss is 169 and aiming bullish for the inverse ofr the 62% around 194.50. Then it might return lower, I'm not sure. But I think this Breaker Will hold and cause a short bullish run at least.
Closer up of the the chart
After it completes the run, The I have a feeling it will have another decent fall into the imbalance belowe the currrent support as seen pictured here:
Lastly, if the price stays near where it is, it is in confluence with the exit of the trade as there is a bearish order block right at the price near 194-195
As for now. I'll be on top of this trade and keep it updated as much as I can. I'm only trading 3 cryptos right now, BTC,ETH, and XMR. We'll see if I'm right this time.
SKILLING:XMRUSD
GATEIO:XMRUSDT
#XMR - Remins Bullish Aiming for Equal HighsI entered around 190, BY THE timr I posted this it was already 194. In tough timers, look to monero to get you out from under. I've been scalping BTC and ETH. bUT Longing Monero aklways at thje right time. Started with a $100 account for fun in futures, nit at $449 in 2 wees.
Now, a larger time frame it did get rejected zt bearish order block (Chart in messae) fahard but rebounded even harder. There's Natural iquidity sitting above the doyble eual highs. That.s where U believe you can take A BULK of you positino off and continue to see where the trade is headed.
HTF CHART
I don't think ETH amd BTC have hit their lows yet, But Monero will be the one to watch as it continues to climb.
Monero can Decrease Or Increase Depending on a Reaction from 170MXR (Monero) was in a Big Rising Wedge pattern. The Pattern Was going to Decrease the Price and It Did! The Price is gonna Decrease to the Bottom of the Pattern But For Now The Price shall fall to 170$ and after that We shall see What is gonna Happen. Two Scenarios Can Accrue! One is that the Price would Continue To Decrease and It would reach 155$ and another Scenario is that the Price would Start to Increase from there and Get Back to the top of the Pattern. We shall wait and See What is gonna Happen.
-MXR was in a Rising wedge pattern
-It's already Broken by the Price
-The Price shall fall to 170$
-if it would Continue to decrease 155$ is the Target
-If it doesn't Price will Increase
-In a Few days we can Come to a Conclusion.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
MONEROXMR/USDT i see this Rising Wedge Pattern is just broke and i take SHORT POSITION
Entry - 194
TP - 150
SL - 209
