XMR USD Potential Long Opportunity, based upon MAs and S/R Two potential paths that Monero / USD 1D chart takes. Expecting at bounce at either the MA Level, or the Support Level that is close to it. Alerts set to buy, with a tight Stop Loss. High R trade, as well as a good potential % trade.Longby CharlieTroutUpdated 5
XMRUSD forming bullish Shark | A good long opportunity aheadIn my previous post of Monero with Bitcoin pair we have seen that on 3 hour based chart the XMR with Bitcoin pair was forming bullish BAT then finally as per prediction the priceline entered in buying zone and and hit the sell targets. Formation of new Shark pattern: Now again on short term hourly chart the price action of Monero is forming bullish harmonic Shark pattern like some other top 10 alts and soon it will be entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic Shark pattern should be: Buy between: $52.91 to $52.45 Sell between: $53.37 to $54.36 Stop Loss: The potential reversal zone area which is up to $52.45 can be used as stop loss in case of complete candle sticks closes below this level. Possible profit and loss ratio: As per above targets this trade has the profit possibility of 3.64% and as per above mentioned stop loss, the loss possibility is 0.88%. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment. Longby moon33312
Monero shortgameplay:first target 44usd then close short to reshort the right shoulder top around 50usd and ride it down to 28usdShortby UnknownUnicorn102435912
XMR has completed bullish setup for 584% big moveHi friends hope you are well, Since Jan 2020 the Bollinger bands on month chart is getting squeezed and priceline was moving sideways indicating that the price action might have found a support here. After recent bearish move the priceline has 1st time hit the lowerbands of Bollinger bands and turning bullish now we can expect after this bounce the price action may attempt to hit the upper bands of Bollinger bands soon. Formation Of Parallel Channel: On week chart after hitting the $38.50 price the price action has found the support at $44 and since Dec 2018 the price action is consolidating here and moving sideways. In the meanwhile the candle sticks are moving up and down and formed a parallel channel and the resistance of this channel is at $121. channel is very firm as the resistance or support are not broken since Dec 2018. This time after recent bearish trend the price line has again hit the support of this channel and likely to move up. Oscillators and indicators: On week chart the moving average convergence divergence is turning bullish and RSI has also turned bullish. The stochastic is also likely to give bull cross very soon. The bullish Crab move: The recent bearish trend has helped many tokens and cryptocurrencies to complete their final bearish legs to form bullish patterns and Monero was also one of them. On 2 day chart the XMR formed a bullish crab pattern at the support of the parallel that the Monero has formed on the weekly chart. And as per Fibonacci sequence the priceline was suppose to take the bullish divergence and move up from the potential reversal zone of this bullish Crab. I also published this Crab move in my article on 17th of March 2020 and now at this time the priceline has moved up as per prediction and entered in the Fibonacci projection of A to D leg of this bullish Crab pattern. A very big bullish BAT pattern move: Now at this time I am again looking at the very big bullish BAT pattern that has been formed by the priceline of XMR on monthly chart. And we can examine that the price action is moving at the support of the potential reversal zone of this very big bullish BAT pattern. Once the priceline will be able to break out from the resistance of the parallel channel that has been formed on weekly chart then soon it will also hit the Fibonacci projection of A to D leg of bullish BAT On monthly chart as well and in this case Movero can produce more than 584% massive bullish rally. Longby moon33323
#XMR - SHORT ZONEThe whole market looks weak on the whole and the moneoner is no exception, growing in the upward channel, approached the last trading zone and drew a bearish wedge + saboteurs on JSC, RSX and volumes at 1:00 and 4:00. Input: 54.3 by 8% deposit with x10 leverage Stop: 55.55 TAKE: 47.48 Risk: ~2% of deposit Friends, thanks for your likes and comments! Good luck with trading! by mr_kosovskiy66
Monero Bearish breakoutBearish rising wedge breakout. Looking for a nice double bottom to form.Shortby Bixley7715
XMRUSD MONERO to ZERO?Wave 5 is on its way or very close to starting. Monero increasing in price on declining volume having hit the top of the channel for the third time and as typical of a wave 4 had broken the channel in both directions. Any spike higher from here will more likely fill my remaining Short ladders than scare me out of the trade. This crash will wipe out many Sh!tcoins, will any of the big boys fail with them? Monero does have targets to $1 but there are confluences at $20 and $10 which could save it.Shortby BrazilNutz223
XMRUSD Entry XMRUSD 52.6687Horizontal Fibonacci Level. Horizontal Support Resistance Level.Shortby TradeLive-3
XMR - WATCH MONERO AS IT CAN BE AHEAD OF OTHER CRYPTOSI am short BTC as indicated in the linked idea below, but if wrong at 7200 I will open a LONG to 8000 (where all MA are). It is very tough to decide a direction for cryptos, volatility decreased dramatically and BB are really narrow on the hourly TF, meaning that the market will pick a direction soon with an "explosion" as only crypto can do. Today just XMR as of now is showing good upside among top 15 coins. It is also the one that is on the "upper" half of the bollinger band because of a good spike and not by staying stationary while the 21MA being negatively sloped. It is also one of the few reaching the first main resistance. Every phase has a forward indicator coin, few months ago it was LTC, now it is XMR that will drive all the others? Let's pay attention to Monero in the following hours/daysby edutradinguru5
XMR/USD, SHARK PATTERN LEG UP, BULL DIV (DAILY), 160% PlusI AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!Longby Zaraki11_AY7
MONERO / U.S. DOLLAR (XMRUSD) DailyDates in the future with the greatest probability for a price high or price lowby Dinjin6
MONERO / U.S. DOLLAR (XMRUSD) WeeklyDates in the future with the greatest probability for a price high or price lowby Dinjin4
XMRUSD 2020 Price Levels From December 4 2019 IdeaXMRUSD Support and Resistance Price Level Review. Levels were respected. Targets Hit.Educationby TradeLive-0
XMRUSD - There is your rejection zoneXMRUSD reversed heavily since the last shared idea. It is now touching the triangle it escaped out of, and most probably taking it as a resistance. Most likely going to be rejected from here and continue with further downwards movement today or tomorrow. Happy Trading!Shortby Thierry882
Monero Monorro has made a butterfly upward harmonic pattern and is up to 61% Fibonacci (about 70 $). by mohammad_sahebi615