$XMRBTCBINANCE:XMRBTC
Closed above 0.0094 level on 12 hrs. That level was last peak few months back.
Next target is 0.0115 but projection for pattern is around 0.013
XMRBTC trade ideas
Monero the underdog, possible scenarioI have lost many a dollar trying to short bull markets, so I will not be doing it this time. However if this scenario plays out I would be looking for longs. Monero is an underrated gem.
Don't miss the great buy opportunity in XMRBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00825). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 0.00939
TP2= @ 0.01030
TP3= @ 0.01140
SL= Break below S2
Don't miss the great buy opportunity in XMRBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00825). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 0.00939
TP2= @ 0.01030
TP3= @ 0.01140
SL= Break below S2
$XMR on it's way of +40% move since the breakout. $XMR on it's way of +40% move since the breakout.
Another 20% from current price if the move completes. So far $XMR has moved rather slowly, but always in the right direction. Be patient with this golden egg.
XMR/BTCCurrently trying to break resistance.
Breaking through this resistance and this thing will fly.
Follow me on twitter for tradingview charts: @cryptochartson1
not sure tbhidk what this does, nor do I own any.
However, if you do not own it, you might as well take a nap.
Cachey Ventures analyst sticks $xmr valuation at 2.8M satoshi by EOY '22.
[MONERO] Who's ready to fly ! $XMRAccumulation phase since July
Breakout to come back in the new upper range
Bull Flag consolidation who suggest to go up again to a bright new target
+30% empty space to retest
Breaking the bull flag and it's a skyrocket going to the sky !
Privacy , we want Privacy !
Peace
XMR / BTC +30% potential profits setupPrice completing double bottom pattern, now fixed above its resistance it can go up very hard.
🎓#TradeUpdate 🎓 $XMR / BTC 🎓🔸Signal Info: Monero
Rank: #14
Exchange: Binance
Direction: LONG
🔸Status: This setup on Monero was set out as a breakout trade, so the profitability has been a bit low compared to some of our trades. With that said, the asset if coming off of a major low.
The 1h time frame here doesn't quite bring this through so well. What we are looking as here is indeed a solid double bottom formation very visible on a weekly time frame. Many signals on the larger times frames say that this undervalued giant will just explode any day now.
🔸Current Price: 0.008077
❇️Entry: 0.007650
🎯Take Profit: 0.0092, 0.01085, Open
⤴️Stop Limit: Breakeven 0.007650 (0%)
MONERO SETUP FOR PRIME GAINSVolume ATH, Clear long time divergence on RSI, Broke the descending pattern, conquered the 200 MA daily and weekly, Golden cross imminent. Prime
A lot of leverage for an upside moveXMR-BTC is showing the same pattern as ETH-BTC, the price is looking like it will close above the Alligator at 0.0079999 this week.
The most recent fractal above the Alligator is 0.032! Meaning there's high leverage for an upside move, could be slow could be quick.
First target is the point of contorl at 0.016 - roughly double the current price.
XMR could go up from hereXMR hit a major support on the two hours chart. It could really go up from here.
$XRM - New move for daily trade ?Crossing area with :
- Ascending Trendline
- Symetrical Triangle
Not a Financial Advice
XMR/btc strong and bullish with momentum upwardsMacd DIvergence confirmed.
Macd above zero line.
50 Ema and 200 MA first crossover after last bearish crossover in May 2018
Inverse head and shoulder.
Last line of resistance about to cross
Targets mentioned for Short term.
XMR BTC swing longXMR looks decent but I still want that retrace to the support level on the 4h chart combined with good volume and PA.
XMR/BTC BINANCE4H Candles
Monero hasn't seen a good pump so far so...
Nice volume
MACD crossing bearish
As long as the price stays in BOTH pitchfork and parallel channel
it will continue bullish movement
If the price breakout BOTH pitchfork and parallel channel,
new analysis is needed
nice volume
MACD crossing bearish
Good Luck
Monero Update Falling WedgeThis weekly chart tends to make believe we have broken the falling wedge and so I have measured and calculated likely targets!
