XMRUSD trade ideas
XMRUSD Monero EOY ProjectionMonero has been my only Proof of Work store of value hedge against Bitcoin this market cycle. Unfortunately, it has not outperformed BTC. The tech and fundamentals are still great IMO and I believe it could still make an impressive move at EOY.
Like many cryptos, XMR has been consolidating inside of a symmetrical triangle pattern after the crash earlier in the year. Looks like it still has a ways to go before any major move. My target price for Monero is $750 per coin.
XMR/USD Bullish Falling Wedge?XMR to $800+ in the cards
www.thinkmarkets.com
contiuation of decrease in volume as channel trend lines converge confirms pattern.
Usage metrics bullish as ever. XMR is long overdue for a real pump imo.
Cup & Bullish Pennant (Handle)NFA.
Looks like a massive Cup & Handle with the two tops occurring in Dec 2017 and in May 2021.
The cup's handle has formed a bullish pennant.
The pennant's stop loss, confirmation level, and target are marked.
The cup & handle has it's target marked and the measurement shown.
Market is currently supported by the 200 moving average which is bullish.
MACD looks as if a bullish crossover could happen this week, but need confirmation.
The MACD on the daily timeframe looks as if a bullish crossover could happen tomorrow.
Volume is ready for a spike. It looks more probable given the above that the volume will be in favor of the bulls.
Notice that both the pennant target and the cup & handle target are at key fib levels.
Do you see any bearish indicators? Please let me know!
MONERO Bullish Breakout! Buy!
Hello,Traders!
MONERO broke out of the bullish flag
After it retested the strong horizontal support
And I am now bullish biased on the coin
With the target being the high of the flag
Buy!
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See other ideas below too!
XMR 30 Minute Bull FlagWe could see a decent move up if we mange to stay above the 50 line on the RSI from here.
Monero (XMRUSD): Preparing For a Pump! Your Trading Plan
Hey traders,
Looking for altcoins to buy,
this morning with my students we analyzed Monero.
The market is approaching key daily structure support at the moment.
Steadily falling within a bullish flag pattern, the coin may start growing sharply after its bullish breakout.
You need at least 12H candle close above the resistance to confirm the breakout.
Then a bullish wave will be expected with the initial target being 295 structure.
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Monero XMRUSD - Weekly cup and handle!- It is a right time to buy Monero, because of the cup and handle formation!
- Target is 1:1 fib trend-based extension - in next leg up, so be prepared.
- RSI is ready for a pump and once we reach all time high, we should accelerate in speed.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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I want to own $XMR tbhMonero for the culture...As $BTC and $ETH fall victim to regulatory capture and the 2019-2021 class of crypto is exposed to be massively centralized, the $$$ that took $BTC to where it is today has to go somewhere to avoid exposure to the systems $BTC was built to break. My bets are $XMR and $RVN. Let's see.
XMRUSDT , XMRBUSD , XMRUSDC , XMRUSDprice squeeze There may be a very high explosion volume. The first target is aimed at 1x the current price.
XMRUSD D1: BULLS 75% gains BEST LEVEL TO BUY(SL/TP)(NEW)Why get subbed to me on Tradingview?
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XMRUSD D1: BULLS 75% gains BEST LEVEL TO BUY(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XMRUSD 1day/candle chart review
::: range/accumulation setup in progress
::: currently ACCUMULATION MODE
::: BULLS reload low near point C
::: BUY/ACCUMULATE near 200 USD
::: strong bullish chart
::: up to 75% gains possible later
::: short-term pullback possible
::: bulls wait for pullback
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +75% gains
::: details: see chart
::: FINAL TP is +75%
::: recommended strategy: BUY/HOLD after correction
::: best entry near C
::: TP BULLS +75% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/DIPS
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Who wants a CUP of tea? There is enought for all my followers =DThe CUP and HANDLE pattern occurs after a bullish trend. The cup forms a round bottom and the price comes back to the previous peak. Then, the HANDLE zone is formed with a small descending period.
It is expected that, after this pattern, a strong UPWARD movement will come.
Goodluck!
monero mid range consolidationmonero showed a mild bear divergence at ath and price corrected off of it.
price now finds itself consolidating mid channel in a resistive patch however price is supported by a HVN and the trend is up
May seem unlikely but XMRUSD could reach 342 zone next week KRAKEN:XMRUSD broke two important technical resistance levels: diagonal resistance line and 200 DMA. Now is consolidating under the HTF resistance of 288.
Considering the general crypto bullish trend and that also BINANCE:XMRBTC has fallen to the HTF support of 0.0502 (where we should see a bounce) it is likely that the trend in KRAKEN:XMRUSD should resume sharply.
Since the bar pattern is in absolute terms the projection may even be conservative. On log scale it reaches 400 USD
Going long around 276 seems a good RRR.
SL in the 255 zone at 99 DMA
xmr/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
XRM is rising steadily and is expected to strengthen.The following content is machine translation:
XRM is rising steadily and is expected to strengthen.
The morphological trend is wavy, and it is currently in the upward pattern of wave C, and wave C will overtake wave A.
With the gradual increase in the currency price, the trading volume continues to be bullish.
The indicator macd energy column is above the zero axis.
The current pressure is around 0.618 Fibonacci.
The target is near 390.
Monero (XMR) - October 5Hello?
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(XMRUSD 1W Chart) - Mid-Long-Term Perspective
Above the 93.02191270 point: the uptrend expected to continue.
Above 140.80749648-160.228881 section: It is expected to create a new wave.
(1D chart)
First resistance section: 219.75932043-270.217125 section
Second resistance section: 346.95104192-391.37736817 section
A move higher in the first resistance zone is expected to turn into an uptrend.
A decline from the first resistance section could lead to below the 175.70500518 point, requiring a short-term Stop Loss.
If you touch near the 140.80749648 point, you need to check whether it rises to the first resistance section with a sharp rise.
In that case, it can be seen that the section 140.80749648-160.228881 has a strong support section.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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.)
Monero on the journey to 10k!!All signs point to this future taking place. What could possibly go wrong?
Can Monero go above $400 by year's end?The touch points in blue to help determine the arc.
If it stays in the arc and goes break through the yellow and blue horizontal line it can potentially going to $400 or more above by the end the year.
Provided there's no crash or big correction in the stock market.
Monero (XMRUSD): Potential Structure Trade Explained
Hey traders,
While forex market is sleeping after yesterdays' rallies,
here is a very peculiar potential trend following opportunity for you on XMRUSD.
The crypto pair has recently retraced and now is trading within a supply zone.
240 - 250 is our potential reversal zone.
You confirmation to short will be a neckline breakout of a double top pattern on 4H.
Wait for 4H candle close below 243 level and then sell aggressively or on a retest.
Goals will be 224/213
In case of a new higher high/higher close formation on 4H, the setup will be invalid.
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Bearish Engulfing On Daily Under An Important LevelWe are under support and the RSI is under 50 and looks to be ready to go down lower i think we will see $200-$180 again.
