XMRThe price is moving in a falling channel to the global uptrend line and the 23.6% fibo level. If these support levels are breached, the price may fall to the POC level or the 38.2% Fibo level.
XMRPERP trade ideas
XMRUSDXMRUSD
The chart was in an uptrend. The trend line has been broken
Target-price 1 - 173
Target-price 2 - 158
Target-price 3 - 141
XMR, the descending channel.The following are machine translations:
On the daily chart, the formation of a local double top decline, continuous callbacks form a falling channel, and the lower support is expected to be around 170.
Indicator macd dead fork has become, bearish trend. The RSI indicator fell to a neutral 50, in bearish territory.
In terms of operation, it is currently a rebound in a downtrend, and an empty order can be placed on rallies. The upper downtrend line is the resistance, and pay attention to the support near 170.
XMRUSD ❕ active buyingMonero tried to break the descending channel.
When trying to break through, the price is actively being bought back.
Price oversold on RSI (1H TF)
A reversal signal TD Sequential (1H TF) is forming now
I expect that price may bounce if it fixes above the lower boundary of the channel.
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 CUP & HANDLE $6000 targetcup and handle
base measure coincides with fib extension
$6,000 target
some day in the future
maybe
XMR bounce of channel supportExpecting a bounce of channel support as bullish divergences have printed. Target is the former range support at 199.
XMRUSD ❕ trend breakThe uptrend has been broken.
Price is moving in a downward channel.
XMR is under the major MAs at 30m Timeframe.
I expect Monero may continue to fall after fixing under resistance level.
TS ❕ XMRPERP: uptrendXMR is moving in an uptrend. The price is near the lower border of the channel and the support level. I expect an upward rebound.
BUY scenario: long to 293.47.
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Remember, there is no place for luck in trading - only strategy!
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XMR USDT Short TradeShort Idea from current price @192 for XMRUSDT Pair
Currently strong resistance confluence at 197-198
White trend line from above acting as resistance
Orange resistance Horizontal level @ 197
Rising wedge
Over Extended
Bearish divergence on the 4h
Target POC for TP
XMR - have still difficulties in being bearishXMR has violated support on the 185 - 189 USD level.
However it reclamed that level very rapidely.
MONERO has formed a beautiful cup & handle pattern on the USD pair.
Difficult to be bearish - despite present market conditions.
XMRUSD ❕ trend lineMonero continues to hold the uptrend line.
Volatility has declined.
The price is above the liquidity zone.
I expect XMR to fix above the support level and then continue to rise.
Market Cycles | XMR as an example Hi guys! Please, support this idea and click the LIKE button. Thank you!
You can't just copy & paste the previous cycle and expect the same % return, because trends can't keep the same angle
As the market cap of an asset grows, it becomes harder to move the asset since more capital is required. That’s why in the first cycle we see the wildest uptrends & steepest corrections.
In 2014 Monero (XMR) had a downtrend of -64°
Next Cycle -64° turns into -41° as XMR gains more capital & participants
Now we're in the 3rd downtrend and it's even less aggressive - only -18° (and I expect it to take more time to reach the bottom)
I also like the math: 64-41=23
Every next downtrend is less steep by 23°
41-23=18° - perfectly matches the 3rd downtrend we're currently in
Same math can be applied to the uptrends. So we can expect the next Uptrend have 25° of steepness (it will take several years to reach an ATH)
What does all this mean?
Well, probably you should look for opportunities to participate in the first cycles.
Forget about old coins (since they also lose in technology to new projects and become less relevant) and pay attention to the new ones. Accumulate them after the downtrend 1 and multiply your capital during the following uptrend.
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The information given is never financial advice. Always do your own research
XMR will break all time highbullish weekly structure, parallel channel/wedge kinda correction structure, Safe buy would be the breakout of the structure.
xmrusdScenario Sales When the price reaches resistance, we enter the sales position after confirmation
XMRUSD Gravestone Doji AnalysisViewing the Gravestone Doji that has previously formed on the middle band and the candle that followed we can make some assumptions based on the current gravestone doji
As the current Gravestone Doji is at the upper band we can assume a dump to the middle band (comparable to the previous drop)
Gravestone Doji's are considered very bearish
This is the Monthly timeframe
XMRUSD ❕ triangleMonero shows itself stronger than the market.
Volumes and volatility are decreasing.
I expect that the price movement will form a triangle and after fixing above the upper boundary I will be ready to buy XMR.
$XMR/USD
🟢cup and handle pattern
🟢falling wedge pattern
🟢bull flag pattern
🟢descending channel pattern
lol do you want anymore bullish signs TA wise?
the fundamentals are even more bullishhhhhh
$XMR Monero - long-term hodl candidate This chart looks great in my opinion and should be a long-term hodl for anyone exposed to crypto.
Major resistance area is a key level to flip, alongside the trendline noted on the far right-hand side.
$XMR has no real competitors, it is fundamentally better than any other privacy coin with the key fact that it is actually used for merchant transactions unlike ZCash and Bitcoin.
BullishXMR/USD price bounced from former resistance zone so we may expect a bullish run from here to the next resistance.
; We have taken a LONG position with a stoploss below support.
