XMR update Hi
I put a free link to follow this coin
step - by - step.
If you have any question you can send me message.
www.tradingview.com
Thanks
XMRUSD trade ideas
Monero (XMR)Monero is one of the first crypto project which focused on privacy and anonymously. After a big ascent, XMR entered into a long oscillation period in a wide side way channel. Recently, due to the Ripple (XRP) court ruling that caused pump in crypto market, XMR broke the consolidation triangle pattern upward. Could this be the start of an impulse upward wave to the channel's upper line, or even beyond? Let's see what happens.
Note that this the weekly chart.
XMR update Hi
There is a perfect rule in Elliott Analysis that
says you can zoom out and go to larger timeframes
whenever you feel to be trapped in a ugly correction pattern.
I do it for XMR and every thing becomes beautiful.
I daily chert XMR finished Minor impulse and is making
wave abc (Wave 2 Intermediate).
Do not forget that this correction after correction that XMR is
making is for wasting time to start with BTC its wave 3 (I Guess) .
Thanks
Bye
XMR H2 Chart updateHi everyone
It seems that a consolidation zone is making wave 2 minor under the Red Resistance Zone
to then break it out for wave (5) Intermediate.
Wait and See
Be Safe
Bye
Potential long on $XMR but with a bearish divergenceMy system is showing a swing long on the OMXSTO:XMR chart, there is however also a bearish divergence calling for caution.
✴️ Monero Activating Bullish Indicators (Long-Term Targets)We have two major waves here, 2017 and 2021.
Let's look at the main market pattern through Monero (XMRUSD)... Up and down, as simple as this.
We have four indicators in the form of moving averages. EMA10, EMA21, EMA50 and EMA100.
When a pair trades below these indicators or is trending downwards against them, the bears have the upper hand. Examples are May 2021 and December 2017.
When a pair trades above these indicators, the bulls have the upper hand.
We can see Monero moving and closing last week above EMA10/21 and EMA50, with EMA50 being a very strong one.
This week Monero is barely trading above EMA100, activating long-term bullish potential.
With the orange lines we have a consolidation pattern, clearly broken and we can also see higher lows since June 2022 coupled with a very strong RSI.
These signals are saying that Monero is ready to grow long-term. Confirmation is still needed on EMA100 and one last final jump with big volume but that would be "additional confirmation"... It is already clear what is going on.
1) The easy target can be $255 with $356 mid-term.
2) Long-term we can see $426 and $515 with $600 as a new All-Time High and even higher depending on the market conditions more than a year into the future, which I believe will be great.
These are just projections, things can change.
Regardless of the short-term moves and swings, growth is expected to happen in the long run.
Think long-term. Buy and hold. That's the best possible advice at this point.
Namaste.
XMR Intraday ChartHi
It seems that XMR has a huge potency to rise because its sub-waves 3 are extended in both minor and and intermediated degree and for now it is making wave 5 minor that looks like an ENDING DIAGONAL and what should I do is to wait and see where this diagonal will become tired and break-out to wave (4) intermediate.
JUST SEE AND WAIT FOR NOW.
Bye
XMR Appears to be in a Cup and Handle Continuation patternThere is a lot of bullishness in the XMR chart despite everything that is going along globally with politics and economics. For a long time I have watched XMR with the assumption that it may be forming a massive double top but so far that has not materialized
A zoom in onto the handle shows a clear falling wedge which has a bullish bias. There is a double bottom that has been forming late since late January and it seems that the inverse head and shoulders is beginning to perform. I hope for this to proceed rather impulsively in short order and I have my entry at the neckline of the pattern. Price action can squirt right out of the wedge or price may flip the wedge resistance to support with a retest.
The main chart shows some of the other targets in red on the fib or at the full flag pole performance. There is chance that we get a throwback to the height of the cup at about $515 once we reach some intermittent targets.
Price action has found support on both the 200SMA and the 200EMA as shown below. Candle bodies on the EMA and wicks to the SMA. Finding support on such long term moving averages is bullish but also opens price action to test it repeatedly as support before really taking off.
The moving averages are under a weekly death cross so I expect to see some activity at the 50 SMA. Hopefully a nice flag continuation pattern but I can address that in due time.
The main noise in my head about this trade is my intense long term bearishness on equities and how crypto has generally moved in sync with with equities. We don't have the same data with crypto and equities running in opposite directions that we do with say equities and gold or silver. But bullish chart patterns are bullish chart patterns and I am going to trade this bullishly.
Fun hopium numerology on XMRPushing some cyclotronic analysis to fit the bullish dreams of a bag hodler!
XMR Projection to 2025This i my Macro XMR Chart setup. This accumulation zone were in right now im waiting to break from now till Aug 1st 2025 for the run up range to focus on. I love XMR because it has very healthy trend patterns
I placed a trend focused price point from 6-515 as major focus zones play between the lines and break your trades using either a gann box or fibonacci retracement tools. Enjoy the trade and trade safely
This is not financiall advice this is juet my notes.
#NiceFnAsian
✴️ Monero Year Long Consolidation Phase | Think Long-TermSince June 2022 Monero (XMRUSD) has been moving within a sideways channel with a bullish bias, that is, printing higher lows.
A year is a very long time in Crypto and what will happen next is something big.
This long-term consolidation phase can continue, believe it or not, but it can also break anytime.
Once the massive bullish action start, you will wonder "Why didn't I jump in in 2023?".
You will be thinking, "I saw it, it was trading at bottom prices forever and I just ignored it...", not only about Monero but about most Cryptos, that's how market psychology works.
When the time to buy is right, we tend to detach and feel not interested.
Once everything starts to move and euphoria shows up, the prices are bad as they become too high but that is when people want to get involved.
There are many opportunities now but we need to focus on the long-term.
Think long-term!
That should be the mantra when buying, when reading, when planning... Think long-term and success is guaranteed.
Namaste.
XMR/USDTvery bullish chart with all bullish patterns, this coin will perform very well in bull market
Moreno technical analysis. The huge ascending triangle.There is very slowly forming giant ascending triangle which could potentially peak during2025-2026.
Example of an ascending triangle. Notice the flat iupper line and the rising lower line. This is a generally bullish line. (Figure 6.1b "Technical Analysis of the Financial Markets" Page 131)
The measurement. The breakout (C) should see a sharp increase in volume, That upper resistance line should act as as support on subsequent dips after the breakout. The minimum price objective is obtained by measuring the height of the triangle (AB) and projecting that distance upward from the breakout point at C. (Figure 6.3a "Technical Analysis of the Financial Markets" Page 136)
Monero we can reject off the weekly ema - making a higher low before heading for the cloud ? Make XMR relevant again
Prevailingnine 4.4.23
XMRUSD Accumulation ZoneMonero is currently in an accumulation zone.
Good zone to buy long term.
With monetary privacy concerns over the next years, Monero seems to be a good
alternative to hedge agains CBDCs
Not Financial Advise.
xmrusd 16h bullish xabcd 75% gains buy/hold🔸Speculative bullish xabcd setup in Monero on 16 hour price chart. Advanced pattern setup,
since point C and D still require confirmation. Do not execute the trade at market now,
expecting pullback in April and then be ready to reload near point D below market price.
🔸The xabcd pattern is defined by point X at 126 usd, point A at 181 usd, point b at 139 usd,
point C at 173 usd and finally point D at 112 usd. This is an advanced pattern setup,
so naturally higher risk involved in trading it, so always do your own due dill and confirm
with other indicators / price action techniques.
🔸The recommended strategy for Monero bulls: Seek to buy low near point d after the pullback
is complete. best entry price near 114/116 usd and target is +75% gains. this is a buy/hold
swing trade setup so please do not expect miracle overnight gains. good luck!
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Monero is going to surge Dear traders I wanna introduce our next hero xmrusd,as we see on the chart monero has broken daily resistant trend line and in 1h it has broken another resistant trend line so if you want to make money get on the train and enjoy bull candles.I think maybe It is the third wave of ascending.so I can see extraordinary targets for this star.
XMRUSD bullish accumulation? Yes!Monero chart is showing bullish accumulation.
Higher lows after higher lows.
We should see more upside soon.
We are bullish on Monero coin.
280$ is the target
Good luck
Bearish flag on downtrendBased on the observed chart patterns and my technical analysis, I strongly believe that XMR (Monero) is poised for a downtrend in the near future. Exercise caution and consider implementing risk management strategies when trading.
It looks like Toro wants to reach $500It looks like Monroe wants to get the 500 back
M onero is currently in a weekly bearish channel t hat it has reacted to three times. It seems that the daily support line can help Monero break out of this bearish channel. In this case, it can reach 500 dollars or even more.
