XMRUSD H16: BULLS 75% gains BEST LEVEL TO BUY(SL/TP)(NEW)Why get subbed to me on Tradingview?
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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.
XMRUSD trade ideas
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!❤️
$XMR / USD Swing SetupMonero token has seen declining RSI the past few weeks and is currently testing the long-standing bullish trendline.
Should price fail at this level, it will almost certainly fall to the previous s/d zone area around $150.
Long position, targeting the upper brim of the 4-year cup and handle formation.
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.
XMR to $25k... at least $1200The main thing I want to note is Monero's comparison to bitcoin since launch, which is denoted by the orange checkmarks within the two charts in this post. We could be seeing the formation of a nice cup and handle. With regards to the fibs, last phase we hit the 2.272 for the top, and if that were to be the case this time that would land this coming run at approx. $25k. At the very least we hit the 1.272... with that being at $1200.
BTC Chart For Comparison:
XMR, will choose the direction.The following content is machine translation:
XMR fluctuated in the interval for two months.
The trend began to narrow.
Triangular pattern, bullish on the upper break, bearish on the lower break.
The macd indicator hit the zero axis today.
Anonymous coins have started to improve recently.
High probability of breaking.
XMR BULLS ON THE WAYXMR Break 4hour trend hitting north at $272.20 SL: $270 -- headed to $296-$300. RR 7:1
Personally I'm holding till $330 RR 20:1
Be mindful this is a super tight stop loss so might get stopped out a few times, however Risk Reward gives multiple attempts.
S N I P E R ENTRY
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Monero XMRUSD - Cup and Handle + Rounding bottom +1000%- 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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XMR bat pattern and ab=cd 80% to 130% increase#XMRUSD
$XMR broke out descending resistance and hold above an ascending support.
to complete BAT pattern price can reach $478 and for completing AB=CD pattern price can touch $600 and more.
if price break down from ascending support this analysis will be invalid
Monero longThe king of privacy looks ready to take another run at an all time high.
Hopefully the volume pops us to use previous ATH as support.
back to 240Expecting a move back down to 240 is expected, and a break under 265 on SOW would be a sign we on the move. Considering that last week demand was still strong in presence, even tho it go absorbed at 285, I could expect more test of the zone before it would go down. Which would give us a even better sell entry when there’s signs of weak demand coming out of there if we go back test the area again. A move back directly to 240 is also a possibility if supply keep on showing presence as it is.
Daily
Supply has been overweighting for the 6 last day.
Weekly
Monthly
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.