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XMRUSD trade ideas

Monero Discounts Incoming! (XMR)Monero has been in a rally for around 300 days. We brokeout past the recent high of $100 and now I believe we are setting up for a good size pullback. I have my eyes set on a catch at $100 as a potential major breakout retest, the we will bounce towards the ATH. My ema dots indicator on the bottom is showing a red dot which is a sign for sell off. The week will close in 1 day which will help me confirm on trend. The candle above is showing compression with sideways movement, with price shifting below the candle.
BITFINEX:XMRUSDShort
by UnknownUnicorn2319099
1
XMR formed Cypher pattern for upto 40.5% bullsih rally Hi friends, hope you are well, and welcome to the new update on Monero. On the weekly chart, the price action of the XMR has completed the final leg of bullish Cyhper and entered in the potential reversal zone. The price action is breaking down the 50 simple moving average but we have another good support of 100 SMA below the buying zone. Possible profit and loss ratio: This trade has a profit possibility of 40.5%, and the loss possibility is 10%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
BITFINEX:XMRUSDLong
by moon333
1
XMRUSD it can be a best opportunity to buy the dipHey friends, hope you are well, and welcome to the new update Monero. On Feb 9, 2020, I shared the idea where the price action of XMR formed a big bullish BAT on the monthly chart, now the priceline has started to move to the upside and so far it has produced more than a 120% rally. Pivot support and EMAs: Now if we take a look at the live monthly chart, then it can be observed that the price action also had pivot 1st support below the potential reversal zone that helped well to the priceline to move up. In this rally, the price action has also crossed up monthly exponential moving averages 10 and 21. Long-term support and resistance levels: On the weekly chart, the different long-term support and resistance levels can be seen. The price action of XMR has broken out the $100 and $140 resistance levels and re-testing the $140 as support. The next resistance levels would be $140, $260, $330, and $450. An up-channel formation: On the same weekly chart, the price action has formed an-up channel and it is re-testing the support of the channel and weekly EMAs 10 and 21 as well. Ichimoku cloud: The price action has already broken out the weekly Ichimoku bearish cloud resistance and now re-testing the conversion and the baseline supports. Another big bullish BAT: Now if we take a look at the XMR with Bitcoin pair’s 2-month chart, then the Monero has formed another very big bullish BAT and entered in potential reversal zone. This time we again have pivot 1st support beneath the potential reversal zone. s3.tradingview.com Conclusion: The priceline of Monero is re-testing different support levels therefore the re-testing of these supports would be successful then it will be the best buy the dip opportunity.
BITFINEX:XMRUSDLong
by moon333
tip: who do care about privacy ?! analysis of Monero... XMRUSD!What is 🌟Monero🌟? Monero is a secure, private, and evasive cryptocurrency which is first started on April 18, 2014 ,and that uses special encryption to ensure that all of its transactions remain untraceable and evasive .Monero has a circulating supply of 17,815,130 coins and a total market cap of $2,790,931,850 which ranks it at position 15. In a world of increasing transparency, the reason for the emergence and interest in cryptocurrencies such as Monero can be understood. Monero uses the proof-of-work algorithm. This means that Monero, like Bitcoin, a mineable cryptocurrency. The priority of Monero and its community is based on three key values. On the Monero site, these features are defined as follows: 1.Security: Users must be able to trust their transactions without encountering any errors or attacks. 2.Privacy : Monroe values ​​privacy. Monroe must save its users from the death penalty in the courts and in worse cases! 3.Decentralization: Monroe believes in the highest level of decentralization. ------------------------------------------------------------------------------------------------------------------------------ ❇️Quick Technical analysis Monero price now is $156.738 with a 24-hour trading volume of $463,215,010. Monero price reached its all-time high level of $542.33 on January 08, 2018. Monero price is down -0.92% in the last 24 hours and tends to move upwards by 1.45% according to last hour transactions. Also Monero price on a weekly basis increased by 6.06%. When we look at the variation of Monero price monthly, it is down by -2.44%, whereas it is up by 138.80% according to its price 1 year ago. anyway Based on the monero historical price data, we predict the monero price could be about $450 at the end of the year 2021. Also it could be $197.976 exactly one year later today. In the next 3 years, the highest level monero price could reach is $1158.93 and the lowest monero price could be $96.3110 ------------------------------------------------------------------------------------------------------------------------------ 👉This analysis is my personal opinion and you are responsible for your own trades or invests. ❤️with Best Regards and successful trades.
XLong
by PRO_SMART_Trader
XMR = BTC 3.0 (XMR Support/Resistance Zones & Price Targets)Hello Crypto Privacy Advocates! I love XMR, it is my favorite crypto and in time, I suspect it will surpass BTC in value! In order for it's market cap and value to surpass BTC's the masses will first need to recognize the necessity for privacy and I foresee that becoming more and more obvious to those with eyes and ears in coming months. In the coming months, fiat currency may be dissolved, the markets may crash, and the globalists will try to implement their own slave crypto via. the CBDC as a 'solution' to the problem which they created! Just release ownership of all your possessions (current & future) and we'll give you a UBI and you good to go, bro (I mean slave)! I mean, come on, really... "You will own nothing, you will have no privacy, and you will be happy.". What a load of BS, eh! The Great Reset is upon us, says Emperor Klaus Schwab, the IMF, and the rest of the globalist cronies! When the masses realize that BTC is digital currency 1.0 and XMR is digital currency 3.0, I suspect XMR and other leading privacy coins will sky rocket! On the more technical side, if BTC continues its ascent to the moon, then I suspect XMR will quickly head to the next strong weekly resistance zone around $215, then beyond! Price action above $170 will become increasingly volatile, so get ready for a ride! We can see that XMR is in a weekly uptrend with increasing volume. Price action is agreeing with volume and this is bullish! I can also see hidden bullish divergence on the 3D chart. 3D stochastics are also coming into an area of strong support. Prior bounces off this area have proven bullish! #HODL XMR Support/Resistance Zones 515 400 369 269 215 170 140 115 90 --- Guide to My Charts -The dark magenta horizontal lines are support/resistance 'zones'. If price pierces though one side of the support/resistance zone, it is likely to head to the next support/resistance zone! -Yellow lines are typically used to chart out pattern formations and trend lines! -The colored lines are MAs (Red: 10SMA, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Purple: 200EMA, White: 200SMA, Maroon: 377EMA). -Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white. -The Historical Volatility Percentile, RSI , and/or stochastics indicators are below the chart if displayed. --- Please smash the like and comment if you find value in this post! It helps show me that others are interested and motivates me to share more with the community! --- Disclaimer: This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my technical analysis and potential trade setup ideas. These posts are intended for educational purposes only. It is imperative that everyone conduct their own research prior to entering any trade.
POLONIEX:XMRUSD
by CryptoGuru369
6