XMRUSDT is testing the resistance The price is in the accumulation phase below the daily and weekly resistance on 226$
As you can see on the daily timeframe the price created a double bottom in 140$ area, created a W pattern retested it for a new bullish impulse until the current resistance.
on the 4h timeframe, the price is creating a channel between the 209 and 226$
How to approach?
The price needs to have a CLEAR breakout from the weekly resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
XMRUSDT trade ideas
💡Don't miss the great buy opportunity in XMRUSD @moneroTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (226.7).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT is in an uptrend, and the continuation of the 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= @ 249.9
TP2= @ 264.9
TP3= @ 276.6
TP4= @ 293.5
TP5= @ 309.9
SL= Break below S2
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$XMR (Monero) Swing Long Update +66% #MONERO #XMRSince our first call of $XMR back in March, we are currently up 66% in profits and we have hit our 2nd target! XMR is currently not following the rest of the crypto market having its own little bull run.
Nice weather up here! (MONERO/XMR) This is just a thank you to everyone who has been following me the last couple months through this Monero breakout... 🍾
We could definitely see a drop to retest 275 or even lower, however the overall positive trend since the end of Feb is bullish all around.
Definitely a bit of a celebration for me with how much passion I have for Monero, privacy tokens, and personal liberty in general. 🎉
♠️🤫🐿
XMRUSDT - SETUPXMRUSDT price is breaking out strongly the long-term resistance with some sustainability, So we are expecting a good upside move if bulls enable their presence. Watch out the levels!
XMR LongHello guys, i am already in this trade i bet on long, to be sure i will need RSI to turn opposite and there i think will be impulse run. My entry was 255.06
Short Position on XMRUSDTAs you see, The XMR are in up-trending Chanel, and reached to the top of the Chanel.
Shall we get Short position on it?
Monero (XMR) back into the rainbow 🌈Monero still showing bullish signs. I wouldn't expect another all-out pump, albeit we can never be sure.
However, what I'm personally expecting as of now, is for Monero to bounce around inside this rainbow of parallel channels that I created way back during the big dip on the 2/24/22.
As long as Monero continues within this rainbow (which it has been doing now for almost 2 solid months), we are in good shape.
♠️🤫🐿
#Monero adds 90% From Q1 2022 Lows, Will #XMR Rally to $300?
Past Performance of Monero
Monero is stable in the previous 24 hours but up eight percent versus the USDT in the previous trading week. Technically, buyers are in control, adding roughly 90 percent from Q1 2022 lows. #XMR remains bullish above April 18 lows and the support line marked by the flexible 20-day moving average from the daily chart.
Monero Technical Analysis
Overall, #Monero buyers have the upper hand reading from the candlestick arrangement in the daily chart. Even though the uptrend's momentum appears to be slowing down, the inability of sellers to completely unwind the gains of April 18 and break below the $230 signal strength. As a result, traders may find entries on dips above $230 with an immediate target at $300. On another approach, risk-averse buyers can wait for a clean break above $270 before trading with the primary trend. If sellers press lower, losses below April 18 lows and, most importantly, the middle BB may entail a bear breakout, possibly driving XMR towards $185.
What to Expect from XMR?
Monero is firm to the upside, finding support above the middle BB. Based on the formation in the daily chart, XMR may float higher to $300 provided buyers sustain prices above spot rates.
Resistance level to watch out for: $270
Support level to watch out for: $230
Disclaimer: Opinions expressed are not investment advice. Do your research.
The beginning of the Monero rainbow... (XMR)This is a video that details where the path of this rainbow began.
It also just goes over how that whole ROYGBIV parallel channel thing can help anyone out in terms of indications, alerts, etc.
MONERO OVER THE RAINBOW!It never, ever gets old when you find out-- you were right .
XMR and here we ARE!
It's all happening, ladies and gentleman.
Daddy's buying a new pair of shoes. Still a chance to get in at a good spot here right above 250 with a SL of somewhere underneath 244... just sayin.
Monero XMR inverted head and shouldersMonero is showing another head and shoulders formation in the chart -- she's looking towards the sky...
"Sir.... we were cleared for style="color:#FFFF00">take off over an f'ing week ago, standing by at mandatory hold M-69-420 awaiting departure clearance." ... 🛫
🤞🏼 - 🙏
♠️🤫🐿
XMR LONGThe XMR is upwards and after reaching the resistance, it has a fall
If the number of followers reaches 100 this week, I will put pure analysis every day.
Follow fractal_analysis98
Monero breakout! (XMR) poised for a run!I realize that it is floppy Friday, (...and tax day for us stupid Americans) .
However, Monero has been continually making positive moves throughout this entire last bearish 10-14 days we've had with BTC and the rest of the crypto-verse.
I have been following Monero more closely than any other coin/token/currency that I chart.
I've been mining XMR using cheap CPUs since 2018, and have been heavily invested since fall of 2017.
I personally just sold all of my Ethereum and threw it into XMR. if anything... I'd be on the lookout
♠️🤫🐿
Monero (XMR) insanely undervalued!Throughout the last 7 weeks since the beginning of the geo-political turmoil, XMR has continued a steady, albeit slow, predictable rise through all manner of chop coming from BTC and ETH.
You can even see large parabolic downshifts in which -within a matter of hours, or a couple days- Monero returns to the exact same trend, as if nothing had ever taken place.
I am currently working on a video about this overall positive Monero trend going on; with that being said, Monero is incredibly undervalued right now.
♠️🤫🐿
Back again! [some constructive crit]Short video just attempting to explain where I had gone the last several days.
Originally when it took place on the 9th, it was supposed to be a week. Strangely, now that i come back to my profile to check in, it seems the ban was removed days ago.
It's all just --agh-- as the video conveys, I'm not trying to be jerk- this is just -I suppose, some constructive criticism.
XMRUSDT 🏹see and watch :)
The general trend is going on in an uptrend channel and in that uptrend channel a smaller downtrend channel is broken and we will probably have one of the two moves in question ...
$XMR (Monero) Swing Long Update +53% #MONERO #XMRWe have hit our first target for the $XMR swing with a 53% Profit! The trend is your friend, follow it. Congratulations to those who entered this long position!
We will hit our 2nd Target in time!
RR: 1.59 sell ideaHarmonic bearish pattern
engolfin
rsi divergence
rising parallel channel with triple top
tp resitance level
Never risk mpore than 2% of capital per trade
XMR aint ready yet?Nice pumpypump but looky bitty correctivyyy
--- or break 278
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
Monero vs Tether Is Green For 7 Weeks...We have 7 weeks of bullish action for XMRUSDT (Monero vs Tether).
EMA50 was conquered after mid-March and we have everything bullish.
Bullish RSI, MACD trending up and the long-term downtrend that started in May 2021 is now gone...
Please check the XMRBTC trade idea...
We are looking for similar Altcoins to get through the storm.
Namaste.
XMRequal highs liquidity and imbalance played out nicely
just took this trade within 5 min it hits target🚀
supply and demand as well
