XMRUSDT Clean Break with VolumesXMR has given a clean break with good volumes, Over all crypto markets are consolidating , this breaking out will gather more steam once we the majors pullback. Looking for a test of 500 and higher areas.XLongby PowerTradesUpdated 2
MONERO WAVE COUNT!! You wont believe prices to come!A comprehensive view of the price action since the low of $24 in MARCH 2020 reflects a MACRO 4th wave completion and the beginning of an extended MACRO 5th wave towards much higher prices in the range of $2000-3000; I have linked my long term analysis Idea of Monero below which you can check out for a more layered appreciation of where price can head which further compliments ideas discussed in this article and the bullish sentiment of this asset overall. Monero exhibits a clean wave cycle since the bottom of the MACRO WAVE 4 completion, with a clear Minor wave 1, into an accumulative type consolidation structure followed by a clean 5 wave structure up indicative of Minor Wave 3 completion; however, what we see from the Minor Wave 4 bottom is that the 5th is expanding, or in other words getting very large or in terms of Elliot Wave it is getting extended, where further subdivisions or fractals within waves can be playing out which is indicated on chart. This further compliments the idea that as you build a large move, the start (bottom since $24) take a lot more time but as you get towards the end tailgate of the MACRO move price begins to move more and more parabolically and price gains are quicker in duration. Furthermore, to add to the bullish sentiment is that we have broken the weekly uptrend channel which usually leads to strong impulses to the upside, Price has held the channel as support and looks to impulse higher; additionally, we have strong candle structure at these levels with strong wicks to downside suggesting there is strong buying demand and that the asset is undervalued and subjective to price growth. In this Minor 5th wave as indicated on chart price the fractals are getting more and more extended, which compliments my long term analysis of Monero (ARTICLE BELOW) that Monero may rise to $1300 region before correction/consolidation before more growth in a terminal move. Please like and follow for more Advanced Elliot Wave Analysis!! Check BelowXLongby NICKVASS101115
XMRIf XMR can hold next 4 hour candle above trend line. I believe 500$ could be on the cards in the coming days providing bitcoin stays trading within a range. Please let me know what you think.Xby gisforgrand0
XMR- UPDATEXMR is testing this daily resistance after making a series of higher lows and forming this big ascending triangle formation, will be very bullish if we manage to flip this zone support - keep your eyes on this one for the breakoutXLongby ITSCRYPTO1112
Xmr Broken Bullish FlagXmr has broken the Bullish Flag and we can now see it's movement upward ⬆️ ThanksXLongby striker557557
Monero/USD- Trade with a Tight Stop Loss for Speculative TradersOrange Resistance Broken. Great Risk Reward if this one goes well. Take Profit: Above All Time Highs. 1000 USD per coin seems reasonable for this year Stop Loss: Last Bottom The fundamentals are great. Low inflation rate (coinmetrics.io) And altcoin who actually deserves a need (privacy)XLongby rafa12390
XMR.USDT (Y21.P3.E1).Stalking.Looking strongHi All, Monero's candlesticks are the only reason I entered this trade. My advise is for you is, if it breaks that key horizontal resistance, jump in along with the MACD crossing over. I already entered and I know its wrong... sometimes you convince yourself its bullish. All the best, S.SAriXLongby ssari5
XMRUSDT - 1 HXMR in a triangle formation to be watched, the range is getting tight and soon we will decide which direction to break! For every new follower i will add a new idea :)Xby CryptoColugo1110
🔥 XMR Potential Break Out SoonXMR has been one of the big winners of the last couple of weeks, seeing strong returns when other alts have been lacking. Currently, XMR is on its way to break through a triangle pattern. For two times the price broke out, but the trend didn't stick. Three times a charm? Wait for the price to break the top fake-out before entering a trade. Happy trading!XLongby FieryTrading8845