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XMRUSDT trade ideas
XMRUSDT wants the pullback?
the price is trying to grab new liquidity from the daily demand zone in order to create a new pullback
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Bull Flag Zoomed In / Bull Flag Zoomed OutZoom in bull flag.
Zoom out bull flag.
Identical patterns shaping up right now both on hourly and zoomed out weekly.
Ripped
Retraced
Rip again
XMRUSDT needs to hold the support
The price had a false breakout from the dynamic daily resistance and now the market is testing the local demand zone.
How to approach it?
IF the price is going to have a breakdown from it and retest the current support as new resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
XMRUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower
Target: 195 and ~250
after first target reached move ur stop to breakeven
Stop: ~99 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Monero (XMR) Price Prediction 2022Monero (XMR) Price Prediction 2022
Monero (XMR) holds the 29th position on CoinGecko right now. XMR price prediction 2022 is explained below with a daily time frame.
The above chart of Monero (XMR) laid out the symmetric triangle pattern. A symmetric triangle pattern is formed by two converging trendlines. In this pattern the upper trendline of the triangle connects the highs. Lower trendline of the triangle connects the lows.
Currently, Monero (XMR) is in the range of $155.1. If the pattern continues, the price of XMR might reach the resistance levels of $158.9, $166.4 and $172.7. If the trend reverses, then the price of XMR may fall to $139.6 and $133.7.
Monero (XMR) Support and Resistance Levels
Resistance Level 1 $170.4
Resistance Level 2 $210.2
Resistance Level 3 $255.4
Support Level 1 $139.9
Support Level 2 $104.3
Happy Trading
XMR stalling at MA200XMR and ETH are in the same position right now. If either can break through, it would be XMR, but I doubt it still.
#XMRUSDT Trade setup: Bullish breakout from Ascending triangle (above $150 resistance zone). Price could swing to near $180 resistance where it got rejected a few times in August. (set a price alert)
Pattern: Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart.
Trend: Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
OBV (On Balance Volume): is rising, indicating that volume on Up days is greater than volume on Down days. Hence, demand (buyers) exceeds supply (sellers).
Support and Resistance: Nearest Support Zone is $130, then $100. The nearest Resistance Zone is $150, which it broke, then $175, and $200
XMR/USDTblue lines descending channel!
White lines is the bull flag pattern which has broken out out, when you measure the pole of the flag, the potential target for $XMR in the short term is $220
Monero is undervalued and can got to $5000 next bull run
#Monero Edges Higher above $152 in a Buy Trend Continuation FormPast Performance of Monero
Monero prices might have broken off a long-term, six-month trend line, but the uptrend needs to be more convincing. A notable development in the daily chart is the failure of buyers to build on gains of late October. There was a 2-bar formation signaling weakness following the printing of the bear engulfing bar of October 2. However, the expansion of early today is injecting momentum, driving prices higher.
#Monero Technical Analysis
Monero is within a bullish formation. However, recent trading volumes have been lighter, and there was a bearish engulfing bar with relatively high trading volumes hinting at weak bulls. Therefore, based on this formation, traders may search for unloading opportunities, especially if today's prices end lower, below the middle BB and $145. In that case, XMR may likely crash to $134 in line with the September 13 bearish engulfing bar. On a more positive outlook, the bullish breakout will be valid, and not a trap, if XMR reverses mid-this week losses, forcing prices above $152 and this week's high. In that likelihood, Monero may float to September highs at $165 in a buy trend continuation formation.
What to Expect from #XMR?
XMR is in a bullish formation. However, it can be a bull trap if prices retrace from spot rates to below the middle BB and $140, aligning with losses of November 2. Any surge above this week's highs would relieve buyers, injecting momentum and forcing XMR to new Q4 2022 highs.
Resistance level to watch out for: $152
Support level to watch out for: $145
Disclaimer: Opinions expressed are not investment advice. Do your research.
Trade for the dayconsiderable resistance there for XMRUSDT because the market is in bearish mode. I think it will go down.
XMRUSDT | FALLING RESISTANCE BROKENXMRUSDT has been trading with in a range. The price has bounced back from support zone and broken above the falling resistance.
The price is currently trading at horizontal resistance.
The bulls need to break above the resistance.
The break above will give complete control to bulls.
Manage your trades accordingly.
XMR good buy positionMonero, created in 2014, offers a decentralized and anonymous transaction system. Operating in Proof of Work, Monero was a fork of BTC.
The promise of the Monero blockchain is to provide an untraceable means of transaction and to guarantee user privacy.
Prices broke the bullish flag with supporting volume indicators:
MFI broke its trendline (accumulation in on going)
CMF broke its trendline, as well (increasing buy pressure)
In my opinion, now it's a a good moment to accumulate XMR for mid-term hold.
buy long team x10-20ethw is eth so price i think =1/10 eth ok
thanks buy and hodl about 5-10eth
thanks
XMR/LRC UptrendXMR/LRC in massive uptrend. LRC is a very weak chart, and XMR doesn't look bad on its own either.
XMRUSD ❕ reversal bullish dojiXMR trades between two levels.
After the correction, the price formed a reversal bullish doji.
I expect that the asset can grow if it holds the support level.
XMR WAVE PATTERNHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the XMR symbol.
For risk management, please don't forget stop loss and capital management
After seeing the first target, save some profit and change the stop to entry
Comment if you have any questions
Thank You
XMRUSDT | APPROACHED TO BULLS ZONEXMRUSDT has been trading with in a range. The price has now again approached to a strong bulls zone.
Previously too the bulls get control from same zone.
Bullish candles formation on support zone will conform the bulls control at mentioned zone.
Manage your trades accordingly.
Falling Wedge: Monero (XMR)XMR (Monero) is exhibiting a strong falling wedge pattern. Falling wedges are typically textbook bullish continuations, so from here we can reasonably expect more upside after the price finishes bouncing within the wedge's support and resistance band. Look to take position upon breach of resistance and ride the markup to the 1.618% Fibonacci extension. Invalidate any pullback that breaches lower support with increased supply volume.
*Be sure to subscribe for more easy-to-follow charts with win ratios averaging between 80-85% in hitting the profit zones. I've been swing trading crypto fulltime since 2017 and handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons. Check out my past charts, see all the wins for yourself, then come join us!
**Not financial advice. Always DYOR and trade at your own risk.
XMR The price has formed a symmetrical triangle and is trying to break through the daily 50MA/EMA. Many bearish divergences indicate a possible price rebound to the lower border of the pattern. Price will rise to the daily 100 MA/EMA in a bullish scenario
💡Don't miss the great buy opportunity in XMRUSD @moneroTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (144.8).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 148.8
TP2= @ 153.3
TP3= @ 157.1
TP4= @ 161.3
TP5= @ 164.0
SL= Break below S2
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