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Xrmusd

✴️ Monero Year Long Consolidation Phase | Think Long-TermSince June 2022 Monero (XMRUSD) has been moving within a sideways channel with a bullish bias, that is, printing higher lows. A year is a very long time in Crypto and what will happen next is something big. This long-term consolidation phase can continue, believe it or not, but it can also break anytime. Once the massive bullish action start, you will wonder "Why didn't I jump in in 2023?". You will be thinking, "I saw it, it was trading at bottom prices forever and I just ignored it...", not only about Monero but about most Cryptos, that's how market psychology works. When the time to buy is right, we tend to detach and feel not interested. Once everything starts to move and euphoria shows up, the prices are bad as they become too high but that is when people want to get involved. There are many opportunities now but we need to focus on the long-term. Think long-term! That should be the mantra when buying, when reading, when planning... Think long-term and success is guaranteed. Namaste.
CRYPTO:XMRUSDLong
by AlanSantana
1
XMR/USDT (3rd Retest of Support)💎Technical Analysis Summary💎 BINANCE: XMRUSDT -Monero is back at a key area of support for the 3rd time -This is technically not good in terms of Bullish price action -The support becomes weaker the more it gets tested -If you are holding XRM, please be cautious -But if you are looking for a Selling opportunity -Wait for the support breakdown before entering a short position -Next strong support is around 95 dollars A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
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by PolarHusk
6
$XMR Start of the Bull MarketThis is a swing trade, take notice of how you're looking at almost 2 months of candlestick data. XMR is bouncing in between 2 major monthly support / resistance zones. September crash in the markets across the board, XMR found it's bottom support at $86 (found on a monthly TF) and since then has been continuously rising until last week when it rejected off of the $130 level. As expected, 1st touch of resistance levels reject 95% of the time, it's very rare for them to just blow through resistance levels. So by saying that, now XMR looks like it's about to touch the $130 level again and this time it should gain the level as support and head upwards to touch these TP's 1st TP 🎯 $130 (Easy Loot) 2nd TP 🎯 $148 3rd TP 🎯 $165 As always please do your own research, I am not a financial advisor.
BITFINEX:XMRUSDLong
by kyer
XMR/USD Possible Teacp - Monero Dinero!This trade idea is for demonstration and educational purposes only. Trade at your own risk. We see a possible teacup formation. Key things to note: 1. Price is being contained within an ascending channel. 2. Price is very well respecting the 50% fib level and using this level as dynamic support. 3. Possible makings of teacup in terms of handle formation. Please like and offer comments. Please also follow me on Tradingview. You will see that my trade ideas have a high rate of accuracy. Please also join my team of forex traders where I offer mentoring and one-on-one support by way of our fantastic educational platform. Inbox me for more information. Please also feel free to follow me on Instagram and Facebook (links below).
KRAKEN:XMRUSDLong
by mrsceleste
Verium Starting An UptrendVerium has found the support at $1.74, where it formed a double bottom, along with the bullish divergence on the RSI oscillator. The price went up breaking above the descending channel and the 50 Moving Average. As VRM/USD continues to produce higher highs and higher lows, the price is likely to continue increasing. The first resistance is seen at 76.4% Fibonacci retracement level that is $5 area. Break and close above tha resistance should send price much higher where the upside target is seen around $12 area. On a downside, Verium could correct back down, towards the 50 Moving Average which already acted as a support on the 16th of April. But only break and close below the $1.74 support could invalidate bullish outlook.
VLong
by CryptoPAMM
The King of Privacy is the King of Gains [XMR/BTC]Monero. Naughty ascending triangle really strong formation occurring, obeying top of triangle V nicely. Supports and resistances everywhere as great safety nets. Facts Wave trend ~Looking to turn. RSI ~Looking to bounce off resistance and hit support. ADX + DI ~Looking to trend up generally and confirm a trend on the DI+. BTC ~Bullish movement could increase the Monero growth over time. Potential 30% increase on a break out from the end of the triangle. Upcoming fork could be good media for the coin. Conclusion~ I will be personally picking up some XMR given the conditions in the green accumulation zone I have set just for a longer pull. More upwards then downwards on this play which is a good habit of learning to trade into. I'm not a financial adviser and nothing I say is a fact, any losses made through these decisions do not hold me accountable and you should never invest more than you're willing to lose. If you liked this short post, be sure to follow and like . It really helps out :D ~Xander
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by XanderCrypto