XMRUSD trade ideas
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
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.
Monero / USD, The Price can grow up!We wait for a long.
The Key Level can cause hit off of the price.
Buy Zone is under the arrow and our goal 66.793
Click like and write comments.
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/
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Look into it:
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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 .
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Check the chart :
XMRUSD - Do not expect this one to turn bullish any time soonYou may have noticed the market standing still.
Bitcoin is really capable of going in either direction at the moment. But the direction for XMRUSD is pretty clear.
As mentioned in the last trade, XMR lost its uptrend. Furthermore it closed the monthly candle in a hammer candle, taking that downtrend / triangle resistance.
Be prepared for further downwards movement.
Happy Trading!
MONERO - $XMR - Third-wave!I love it when something happens as planned!
Move to S2 > (S2 was support)
Hope you bought some...
Zooming in tells me that we still have some potential in the short run but it will be choppy.
$XMR #MONERO #CRYPTO
Sub $70 Monero is a BUYOne of my favorite 2020-2021 long positions is $XMR. Largely for fundamental reasons (proven secure, privacy oriented, minimal transaction fees in comparison to BTC), but the technicals are also beginning to line up in anticipation of BTC halving.
XMRMonero
Higher highs
Moving Avg crossover confirmation
strong Bullish candle at the trend line support
XMRUSD Has POTENTIAL for One More Push Down Next 2 to 26 Hours.This is likely the last bout of downward pressure before we begin to go up exponentially in the month of March, 2020. It's POSSIBLE they could take it up a bit first (bull trap) just before slamming it down between $72.10 to $72.85. This coming "estimated" move down is NOT GUARANTEED. This is only my opinion based on my observation.
XMR/USD MONERO - 'GOLDEN CROSS"Looking at the daily timeframe , with the two biggest used moving averages, 100ma and 200ma.
'golden cross' about to happen this next week, interesting to see what happens to price. Are we on the verge of altcoin season?
My current target is $113
As always please do your own research, I am not a financial advisor.
XMR WAVE 5 potential /quick swing trade74-76 Stop loss 81-84 TP on swing. potential to really move with the 5th wave of the elliot wave set up.
Please like and comment thanks stay profitable!
XMRUSD - The prospect of continued growth 20/02/2020Friends, support this idea with your Like and any Comment. Thanks.
I expect the completion of the correction for XMRUSD and the continuation of price growth within the framework of wave 5.
Trade entry, take profit, stop loss levels are available to participants of the SAV Trading Room.
You will find more trading ideas in SAV Finance community.
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
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
XMRUSD - Update on the Potential Upcoming Dip...$79.60 to $81.20 Could likely be our price range we fall to. Could we dip a bit deeper? Sure, it's possible but I'm leaning more towards $79.60 to $81.20.
Happy Trading and Stay Awesome!
David
Monero - target 115-120Impulse developing, still some room to complete the local wave 3 before it should go into the next consolidation phaze
Potential for Dip to Occur Very Soon Before Continuing Up HigherLooks like we have a chance of the White Energy crossing below the 50% level on or around February 15, 2020. Could begin February 14th or possibly February 16th. The reason I'm labeling this a LONG position is for the LONG TERM Upward Pressure I'm seeing in time frames higher than this 3-Day TF. So, do not assume I'm implying to get in this very moment. You're better off waiting for a likely upcoming dip. I'm still saying $107 to $123 at a MINIMUM but would not be surprised if we got close to $150 at the 2.618 FIB extension by first or second week of April. My Red Vertical Time Line at April 12, 2020 is "tentative" (an estimate) and subject to change as that date approaches based on what the indicators reveal as we approach April 12, 2020. I'm including a screenshot (below) of the cover chart in case TradingView's platform scrunches up the cover chart too much.
Keep an eye on the Monero. The Bitcoin replacementWe are on the long term resistance. If it breaks out, you can expect 100-120ish or even higher.
Set XMRUSD to your alert. Fundamentally, Monero is better than bitcoin . Give it time and XMR will take over the market. Get in early and HOLD.
or
trade that beast when it breaks out.
The only issue in this pattern is the lack of volume IMO. Need more volume for a powerful break out. Remember that we are in crypto Volume can pop out of nowhere ...
