XMRUSD trade ideas
XMRUSD: stealth bull market TP +50% gains(SL/TP)(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-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
-24/7 uptime so constant updates
XMRUSD: stealth bull market TP +50% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XMRUSD weekly chart review and outlook
::: ongoing accumulation on weekly chart
::: re-test of key mirror s/r level
::: at 110 USD very likely next 4-12 weeks
::: short-term expecting pullback/correction
::: max 20% next few weeks
::: resistances: 100 USD // 110 USD
::: supports: 72/74 USD /// 44 USD // 34 USD
::: get ready to BUY later after pullback
::: best strategy: BUY LOW near 72/74 USD
::: TP BULLS is 110 USD +50% gains
::: BUY/HOLD setup patient traders only.
::: good luck traders
::: details: see chart
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment outlook short-term: BEARS/pullback
Monero, Show Us Privacy Still Matters! (XMR)Stage 1 breakout being tested right now with everything shooting green on monero.
Roughly 410 days since back to the stage 3 high of major structural Resistance.
Once we break here we will look to then hold to break the highs of stage 2 and stage 3 for a serious bullrun.
Keep an eye on the order book and watch the tape to see how much is being bought up on a breakout.
If this holds strong than we could see another correction and correlate with all indicators.
Anything can happen, stay sharp.
XMR USD Not too much price movement with Monero over the last couple months. making me think its getting ready for something big.
We have a wedge where price has been consolidating for weeks and we see both higher lows and higher highs.
The RSI is in a good position to go bullish
Some good increases in volume but it can bet better
we need to see a break upward and passing the the heavy $75 resistance will mean things are getting really bullish with XMR
what are your thoughts on XMR. let me know down below!!
THIS IS NOT FINANCIAL ADVICE
XMRUSD seems ready to take off in a big way!Last week I wrote about the broke out in XMRBTC. Today I sighted the break out in XMRUSD. EMA are all trending higher implyign sustainability in this move up. It has broken the resistance level that has capped this pair since Mar 2020. This break up only signified a greater move. When you compressed the chart to see the longer timeframe, I cant help but get excited about the long term prospect of this pair.
Looks technically viable to trade beyond 100. Enter at current market 70.85 for 96 with stop loss at 59.50
Monero breakout or rejectionHas reached the top of the descending channel after a false breakdown and retest of the $62 level. However price in a descending triangle. but price penetrated the weekly ichimoku cloud and RSI has room to rise.
If price move below $60, it is bearish.
XMR This is starting to show signs of life!This literally has been really stable for a while. The fact that it is holding above the 200 Day EMA is encouraging. As the trading range got squeezed tighter and tigher, it has now starting to show signs of trading higher. the 8D EMA has cut above the 13D EMA. In addition, it has also broke above the downward trendline as depicted above. The break up above 65.00 only meant nore upside is in the pipeline with a target towards 130 in the middle term!
P/S Invest at your own risk! Do your homework!
Monero: Analysis using Ichimoku 17/06/2020H4
At D1, the cloud is directing upward, indicating an uptrend. On H4, the cloud is directing downward, indicating the formation of a correction for D1.
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H4.
H1
At H4, the cloud is directing downward, indicating a downtrend. At H1, the cloud is directing upward, indicating the formation of a correction for H1.
Conclusion:
We recommend selling when the RSI reaches an overbought level on H1.
Good luck!
XMRUSD 4D: strong chart / best level to BUY 100% gainsWhy get subbed to to me on Tradingview?
-TOP author on TradingView
-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
-24/7 uptime so constant updates
XMRUSD 4D: strong chart / best level to BUY 100% gains
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT cause I expect short-term losses
before reversal from my level.
🔸 Summary and potential trade setup
::: XMRUSD 4D chart review
::: strong chart upside possible
::: HOWEVER wait for crypto correction
::: 15%-30% pullback in major coins soon
::: BUY later at discount price
::: details see chart
::: discount level near 50/52
::: BUY/HOLD setup from that level
::: TP bulls 100 90-100% gains
::: recommended strategy: BUY/HOLD
::: swing trade setup do not
::: expect fast gains
::: setup for patient traders only
::: good luck traders
🔸 Supply/Demand Zones
::: fresh demand 17 cents
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BULLS