🔥 XMR Bull-Flag Forming: Break Out SoonXMR has been one of the major gainers since we bottomed a couple of weeks ago. During such run-ups, it's often the case that the asset needs to 'cool-off' before it can continue going up (or down, for the matter).
As seen on the chart, XMR is currently trading horizontally for a couple of days. I'm expecting the horizontal pattern to continue for now, but we should be expecting a break out in the near future. A break above $188 would be a nice signal for a bullish break out for example.
Be aware XMR could also break bearish, however this is the lesser likely scenario.
Happy trading!
XMRUSDT trade ideas
XMR MONEROLooks like thats it for the pump. Getting rejected at downtrend
Velocity stopped like a bullet to kevlar
Ricocheting back
Might retrace 50% from recent uptrend.
XMR short$XMR reached the resistance area formed by the upper boundary of a descending channel and the multi-month resistance level. Decline to lower boundary is likely to happen next.
Long Monero to $425Switching to a short when $425 gets hit. 2023 could be the year when privacy coins gets appreciated, but first a revisit to $45.
XMR Price ActionAnalysis based on pure price action. The best way for Dollar-cost averaging (DCA) method is to buy at promotion price where dip of price occur as stated on the chart.
Monero ABCD Sell with the AI Intraday.Monero is lining up nicely with the AI today.
We have an expected high around 1pm @ 177. This would tie in nicely with the with the ABCD at the same level.
This could give us a nice 2-3 day Pull back to look for long trades.
Time is key to this, if we get to the time and we are still in a sideways motion then it is invalid.
A rally into 177 would complete the pattern and give us the set up we look for with AI & patterns.
#XMRUSDTIf you followed this like i gave both on futures and spot trading, congrats, you are up 400% on futures and 100% on spot, keep glued, more goodies on the way
#XMRUSDTIf you followed when we dropped these coin, saying we are buying in futures, well 200% done and more, hit up to our 3rd target, i think thats enough sugar for the weekend, waiting to see coin reactions from this major resistance
Monero (XMR) Macro Cup and Handle +400%Macro cup and handle pattern in play on XMR. A good long-term target would be around the 1.618 fib extension, which is a 5x from the current price of $160.
💡Don't miss the great buy opportunity in XMRUSD @moneroTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (149.67).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 75.
Take Profits:
TP1= @ 169.36
TP2= @ 178.96
TP3= @ 187.00
TP4= @ 198.86
TP5= @ 213.18
SL= Break below S2
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💡Don't miss the great buy opportunity in XMRUSD @moneroTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (149.67).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 75.
Take Profits:
TP1= @ 169.36
TP2= @ 178.96
TP3= @ 187.00
TP4= @ 198.86
TP5= @ 213.18
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
XMR longThe symmetrical triangle on $XMR has broken to the upside. Bullish movement to resistance level at 178 is possible.
#XMRUSDTAs the crypto market was pretty bearish, from our wave count, we are expecting some major retrace, and this retrace is what we hope to catch on futures trade
Risky but Worth it
#XMRUSDT market is going down ↘️BINANCE:XMRUSDT
XMRUSDT is going to touch the 147.0 very soon keep waiting
POSSIBLE BOUNCE FROM 200 EMA The 800 EMA is very far away from the price and it seems like the price has bounced from 200 EMA at hourly timeframe and there may be possiblities for short setups at 15m and 5m timeframe... NFA.
XMR USDT is going to collapse BINANCE:XMRUSDT
the market of XMR USDT is going to change the trend downward
and that’s is easy to see in this chart
by applying the reversal cup and handle pattern on this chart we noticed that the market is trying to change direction for the price .
Notice , this pattern is a bearish continuation pattern / it means that the XMRUSDT market is going to take another direction for the bottom
XMR USDT is going to collapse again BINANCE:XMRUSDT
by analysing the chart we can see that the market is going to change the trend direction downward
and that relating to the appearing the cup and handle pattern
XMRUSDT - LONGBased on technical factors there is a long position in :
XMRUSDT Monero
Score 2️⃣
🔵Long Now or set on Key Level 149.0
🟢Target 1 160.0
🟢Target 2 175.0
❌Stop loss 145.0
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
XMR_USDTXMR sitting on support , wait for daily bullish candle pattern for entry to this coin .
we strongly bullish after break red zone .
Monero XMR LONGCoin: Monero
Type of signal : Spot
Entry Price : 177$-210$
Price now : 200$
Goals:
Tp1 210$
Tp2 236$
Tp3 272$
Tp4 333$
Long-Term
400$-450-500$$
SL Daily Candle under 149$
XRM LONG POSITION Entry position : buy now or 211
Target 1: 222
Target 2: 226
Target 3: 229
Stop loss: 199
Remember bitcoin determines the trend of the market. Trade with caution and wish you luck. Like and follow for more daily trading analysis.
XMR - My Trading Plan in 2 mins!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for XMR, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Get a short position based on breakouthi guys
how are you today
According to the chart, there is a great short position.
* The analysis is based on a time interval of 1 hour so do not confuse it with the previous analysis which is in the daily time interval and the previous analysis is still valid.
