🔥 XMR Fall From ChannelIn my previous XMR signal I argued that XMR was "overbought" compared to BTC and that it had more downward potential.
With the current state of the market, XMR (and most cryptos) seems in a free-fall at the moment. I'm setting my new bearish target around $200.
Always keep a close eye on BTC when trading alts. Happy trading!
XMRUSDT trade ideas
Short position in XRMUSDT#XMRUSDT
The stop-loss is calculated based on a fourteen-period ATR with a coefficient of 2.5.
The profit limit is based on Price Action and the existence of a support line on the previous floor.
Find the right entry position in the lower timeframes.
Maximum capital 2 to 5 percent.
Leverage with a maximum coefficient of 10 in isolation.
Do not forget to make a stop-loss.
🔥 XMR Horizontal Channel ContinuedXMR has been trading inside this channel for over two weeks now, ranging between ~230 and ~280. During BTC's fall recently, XMR has been trading relatively steady without losing too much value.
With XMR failing to stay above the 280 resistance, the most recent bearish move from BTC might actually send the price downwards towards the channel support.
Keep a close eye on the 260 support area, which has currently been holding. Always keep an eye on BTC when trading alts.
Happy trading!
XMRUSDTXMR/USDT is one of the alts that shows a strength-breaking downtrend channel. Once XMR clear 200 EMA on a 5hour chart expect the Next tp to be hit.
Keep in mind bitcoin still the king as long btc respect 37k level there is no reason for XMR to hit stoplos.
Anyway, Try to buy some between $275 -$267. Set evenly 4x bids split between this price
Exit If price closes below $253 - $249 HTF
Targets are on the chart
XMR/BTC
RISE OF PRIVACY - XMRGuys... Please for your own sake start to accumulate some privacy coins... I cannot get into details here however it is important.
Here is some TA on the trend of XMR. as you can see we had nice retracement down towards this channel. Could be a nice area to start spot accumulating XMR for the long term. More downside could come in the future so just beware of that final push down before a huge run-up so keep some fiat locked and loaded ready for that.
XMR Breaking DownPOLONIEX:XMRUSDT BINANCE:XMRUSDT
Breaking down out of a bearish channel after a major rising wedge breakdown, buy areas below (support)
Because this is a renko chart I'll update manually in the updates
Monero xmrCurrency looks good, one buy step at current price ($ 225 to $ 250) in case of falling from the support line The buy range in the next steps is marked in the chart
XMR Update 1XMR is in a bad tension between the upper and lower sides of the triangle! Depending on how it goes out , the next trend (Up Or Down) would be predictable. Anyway , its not a good time for trade.
Note : Do your own analyze before taking any decision.
🔥 XMR Bearish Channel ContinuationOver the last few days, XMR has produced a bearish channel on its chart. With BTC slightly reversing in the last couple of hours, a lot of alts are seeing a bounce right now.
In my view, this bounce is temporary, we will soon continue the down trend as per my most recent BTC analysis. The top of the channel would be a great place to enter any potential shorts on this pair.
Trade with caution. BTC can move very erratic and will take the market with it, any direction.
Happy trading!
XMRusdt - BinanceXMRusdt - Binance
XMRusdt - Binance
ENGLISH
on the weekly candels we see a general uptrend, support with volume.
Since the recent lows, we notice that the general price structure is in an upward channel (LOGscale)
Every time we hit the bottom of the channel line we see a remarkable increase in volume, which in the past has led to further upward movement. with this in mind we choose our friend the trend.
setup 1 is taken from a daily candle frame.
we spot an inner uptrend, which has broken up a symmetrical triangle paternwise.
Most ideal entry has already happened today, but with a rematch around 272 - 257 an entry can be found
our stop loss is below the trendline .
Entertainment: 276.12 - 258.01 - 264
stop loss: 246.71
tps
1 326.44 - 370.58 - 415.43 - 475.94 - 98.72
DUTCH
op de weekelijkse candels zien we een algemene uptrend, ondersteun met volume.
Sedert de recent lows, merken we hierop dat de algemene prijsstructuur zich in een opwaarts kanaal (LOGscale)
Telke male we die onderkant van de kanaal lijn raken zien we opmekelijke volume toename, wat in het verleden steeds tot een verder upwaartse beweging bracht. met dit in het achterhoofd kiezen we voor onze friend the trend.
setup 1 is genomen vanuit een daily candle frame.
we spotten een inner uptrend, die paternwise een symmetrical triangle upwaarst heeft gebroken.
Meest ideale entery is reeds gebeurt vandaag, maar bij een herkanssing rond 272 - 257kan een entery gevonden worden
onze stoploss staat onder de trendline .
Entery: 276.12 - 258.01 - 264
stoploss: 246.71
tp's
1 326.44 - 370.58 - 415.43 - 475.94 - 98.72
XMR/USDT (BINANCE)Monero went on a bearish stretch, after the appearance of a Harami Pattern (marked on red) the price has began entering a correction phase where right now is going for a breakout possibly to the upper side, the price breaking above the moving average shows signs of a possible reversal happening, staying above that pink EMA200 indicates that prices has found support and demand. MACD shows momemtum to the upper side as the price keeps climbing. Stochastic still below overbought levels. Strongly suggest watching those 5min candles and 15min candles to get the most accurate information to confirm the breakout.
🔥 XMR In A Pennant: UpdateIn my last XMR analysis I argued that XMR would be following the pattern in the near future, which it did. Take a look at my previous analysis for reference:
Currently, XMR is on the verge of breaking out on the upside on this pattern. BTC's bullishness is definitely helping crypto here. In case BTC stays bullish for a couple of days, we might see some very nice gains in the altcoin market.
Main target for XMR is currently $320.
Happy trading!
XMRUSDT is testing the parabolic support 🦐XMRUSDT is testing the parabolic support and the daily support as well. IF the price will have a breakout from 4h resistance, According to Plancton's strategy (check our Academy), we can set a nice order
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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 -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
XMR in watch listXMR is good to be n watch list. It is talented now to be a market star! But ... We should stay and see...
Note : Do Your own analysis before trading.
