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XMRUSD trade ideas

Monero Forming Massive Cup And HandleThis is a weekly chart! If the handle is formed, the resistance is broken and the pattern is validated it will clearly be time to go long. You could also enter now and trade with a stop loss that ends above the upper half of the cup as otherwise it will no longer be a Cup & Handle pattern. Targetpoints for me would be around $800, $1000 and $1200. In regard to the coins fundamental values: It's still the darknets number one choice privacy coin :)
KRAKEN:XMRUSDLong
by MuMPiTz
Strong Backing, Thoughts on Monero Monero Analysis: Two things that stand out to me immediately are the decisively volatile price action periods in late 2017/early 2018, and in early 2021. The levels during these volatile sessions seem to be trading generally higher in 2021 than in 2018, and the decisiveness of market closing is clearly greater in 2021. This market seems to have undergone an extremely similar market phase in 2021 as it did in 2018, although this time around there has been several years of consolidation distancing the action. I feel that considering the eventfulness and the general uncertainty of the global markets during the global pandemic that started in 2020, the fact that Monero continued to trade at generally higher levels than prior to early 2018, and was able to again display considerable value leading into early 2021, shows that this asset is here to stay. I think in the short term we will most likely see a continued period of consolidation and market correction, with levels perhaps even getting as low as 100.00.
KRAKEN:XMRUSDLong
by IBMNBA
XMRUSD H16: BULLS 75% gains BEST LEVEL TO BUY(SL/TP)(NEW)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! XMRUSD H16: 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 16hours/candle chart review ::: range/accumulation setup in progress ::: currently ACCUMULATION MODE ::: BULLS reload low near point C ::: BUY/ACCUMULATE near 170 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.
XLong
by ProjectSyndicate
7
3 Altcoins to Watch 👀 Hey traders, While bears are locally dominating a crypto market, I am looking for altcoins to buy at a discount. Here are three coins to watch for potential buying: Monero (XMRUSD) -65% discount from ATH. The coin is currently approaching a key weekly level. 168 - 180 is the area on focus. Look for a confirmation within that zone to catch a bullish wave. Cardano (ADAUSD) -63% discount from ATH. The coin is quite close to a key weekly demand zone. 0.888 - 1.015 is the area on focus. Wait for the test of that zone, then look for a confirmation to buy. LINK (LINKUSD) -68% discount from ATH. The coin is currently approaching a key weekly level. 13.2 - 15.0 is the area on focus. Let the price reach that zone first, then look for confirmation on lower time frames before you buy. *by a confirmation I mean a reversal pattern being formed on intraday time frames. What do you think about these coins? ❤️Please, support this idea with like and comment!❤️
KRAKEN:XMRUSDLong
by VasilyTrader
22
XMR Triple Bottom & Breakout!Monero looks like it is about to complete a triple bottom on the hourly timeframe. MACD is curling upward and I'm expecting a bullish crossover. RSI is not overbought. On the larger timeframe, this would be confirmation of a much larger bullish pennant breakout which could actually complete a mega-cup & handle formation. Target: On the hourly is $297 which would complete the triple bottom and then $340 at which there will be major resistance. If it breaches $340 from below and then finds support at that level, we are headed to the moon. Watch Fib levels and the supply/demand zones indicated with green rectangles. These will be levels you want to take profits if making short trades. Otherwise, if the triple bottom plays out I think this one is a good long-term trade. NFA.
KRAKEN:XMRUSDLong
by bitloss