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XMRUSD trade ideas

XMRUSD forming bullish Crab for upto 587% bullish moveHi Folks hope you are well, this bearish trend is helping many tokens and cryptocurrencies to complete their finals bearish legs to form bullish patterns and Monero (XMR) is also one of them. On 2 day chart the XMR has formed bullish Crab pattern, even though the price action has hit the spike in PRZ level and pulled back but I am expecting that due to this bearish trend it will give us another change to catch it from the potential reversal zone. Let’s dig this pattern deeper to check how perfect this pattern is formed: After initial leg (X to A) the A to B leg is retraced between 0.328 to 0.618 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 1.27 to 161.8 Fibonacci. Buying And Sell Targets: The buying and sell targets according to harmonic Crab pattern should be: Buy between: $29.819 to $11.431 Sell between: $44.060 to $78.554 So this trade has up to 587% big profit possibility. Stop Loss: The potential reversal zone area can be used as stop loss in case of complete candle stick closes below this level. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
BITFINEX:XMRUSDLong
by moon333
XMR ANALYSIS: SHORT THE RELIEF RALLYXMR ANALYSIS: XMR setup looks very similar to many other major alts, and unfortunately the buy volume still isn’t there to keep the price afloat. XMR had a relief rally hitting over 40, but was then rejected again cutting below and making no temporary support along the way. I expect a slow push to the new resistance, followed by a rejection further down to major support. Wait until a confirmed rejection at/near $36 before opening shorts. Short targets are T1 at $30.60, T2 at $29.30, and T3 at $27.86. I believe XMR buy volume will really step in when XMR hits this low. It would also confirm a nice double bottom and produce a potential bullish divergence. Short Entries: $36-38
KRAKEN:XMRUSDShort
by altchicasignals
XMRUSD formed bullish BAT | Upto 72% move expectedHi friends hope you are well, on 2 day chart the Monero (XMR) Coin has formed bullish BAT pattern and entered in potential reversal zone to move up. Lest’s dig the pattern deeper to see how perfect this pattern is formed: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: $55.701 to $50.477 Sell between: $68.18 to $86.926 Stop Loss: The potential reversal zone area which is up to to $8.80 can be used as stop loss in case of complete candle stick closes below this level. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own reaserch before any investment.
BITFINEX:XMRUSDLong
by moon333
Monero and UVU on rise mode.Monero is quite good option for next month I suggest to keep some not more than 10% in Your portfolio and watch the level which I signed to sell in good moment . UVU is in rising mode too , buy it while its cheap and before big news preparing for team to March/April .Read below some more information about it . Please read about my recommendation in new crypto market #UVU BUY : www.hotbit.io CHECK :https://coinpaprika.com/coin/uvu-ccuniverse/ SITE : ccuniverse.org I am suggesting to invest in altcoin like : UVU which is new coin but with great perspective. Why UVU ? Because their unique vision based on crypto atm and recharge stations for electric cars . This european project got first successes behind them like listing on big Hotbit Exchange - You can trade there without K-Y-C so registration is easy and fast - brilliant model for less experienced users. Look into it: www.hotbit.io Moreover the price is still cheap it means BIG space to grow . Team predicted that price for 1 UVU should be a round 0.2 USD in March and now its just 0.0028 USD ! Also the cirrculation supply isnt big so it also work for future profit because many coins could be in Yours hand for less payment . Think serious about investition like this ! Also You will help to grow whole market because their mission to assimilate devices like Crypto Atm to local society . coinpaprika.com Check the chart :
BITFINEX:XMRUSDLong
by profitable_Meduza
2
Don't miss the great buy opportunity in XMRUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (79.50). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XMRUSD is in a uptrend and the Continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 58. Take Profits: TP1= @ 145.90 TP2= @ 120.95 TP3= @ 96.90 SL= Break below S2
POLONIEX:XMRUSDLong
by ForecastCity
12
Don't miss the great buy opportunity in XMRUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (79.50). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XMRUSD is in a uptrend and the Continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 58. Take Profits: TP1= @ 145.90 TP2= @ 120.95 TP3= @ 96.90 SL= Break below S2
POLONIEX:XMRUSDLong
by ForecastCity
14