monero shortmonero couldn't break the channel before several times of try and now we have exhaustion candle in daily time frame. it's look like too a good short position.
XMRUSD trade ideas
XMR Tax HavenOne of the first to move in this run
Whales starting to cash in on gains(volume and erratic spikes) and depositing into their accounts in Panama, XMR would effectively make it untraceable
New ATH would push it all the way up as no indicators or levels would serve as valid resistance
Not a fan for holding long term as i suspect privacy coins would face some pressure from fin regulators once cryptomania reaches its peak--even though they cant do much
Falling wedgeFalling wedge forming on the 4h chart. As always, wait for confirmation beforee getting in.
If it holds, Monero seems to have found support on the long term treadline. As long as it's not broken we're likely to move higher from here
Monero Vs USD: Buy & Hold: CryptoHappy New Year
By Sun Storm Investment Research
A Profit & Solutions Strategy
Disclaimer: I am not a financial advisor, so please do your own research before trading anything
XMRUSD to dropBroke down the RSI trendline dropped below the gann line. Second target is a possibility if $100 support is broken.
XMR has been the leading indicator of the market. Maybe the market will follow down as well.
MONERO BUY THE DIP!!Buyers coming in at these key support levels, retest of macro trend line; much upside ahead. Next MACRO target 289$.
Next key level to be aware of is 166$, a break through this key level and can send price to around 300 $. Price could not close above 166$ before we sold off to current levels where we are now finding strong support.
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Monero versus dollar the private coin is going up 🆙🆙🆙By monero take profit 1 at $170 stop loss at 120
XMR ShortXMR lost two major supports of $160 and $148. It is currently trading above the support of $135. If the support of $135 breaks, XMR could drop towards $125, $119, $109 and $97. If the support of $135 holds, we could see a move towards $148 and $160.
Monero ( XMR) may be the next BitcoinWe can see, the price break out Consolidtion zone. Wait the next target. Big profit
XMRUSD $174 LONG TargetLooking at the chart of Monero on the daily timeframe we can see that it’s in an obvious bullish momentum.
Since September, XMR has consistently been rising in price after bottoming out at $86 along the monthly support.
From here, the price gained $130 & $148 as support (both previously TP levels in my most recent XMR read) and has 1st touch rejected off of $165 monthly.
Now it’s got the momentum again to push higher beyond $165 and here are my TP’s for heading long
TP1 🎯 $165.41
TP2 🎯 $174.54
