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XMRUST trade ideas

XMR bursts through the resistance trend!! ~204 to ~208Discussing XMR breaking through the trend to hopefully give us another nice pump up to the first resistance pivot also discussing ZEC at the end, and the fact that ZEC is on a historical downward trend. EDIT 03/24/22 @1805hrs MDT just noticed in my little ZEC analysis that historically, ZEC is forming a nice little triangle breakout with my bottom trend line. I think I am going to follow this, chart it some more and see where it goes. Happy trading everyone! ALSO: NOTICE XMR's HISTORIC VOLUME.... 🛫☁☀️👆
Long
by FutureAmericanExpat
1
XMR surpassed round level -$200 but failed to maintain above itMonero coin retests the psychological round level of $200 once again, but bulls failed to manage the rise above that level. The XMR coin is trading above the significant moving averages (such as 20,50, and 100 MAS) but remains below the 200-MA line. The upper boundary of the Bollinger Bands indicator appears to be a bullish barrier in the context of the daily price chart, and the halfway line (20-day moving average) is acting as a support for now The EMA Ribbon indicator is resisting the 200-EMA line after maintaining price above the green on XMR daily price chart. Thus, the RSI is moving up and shows an inline trendline (blue) on the daily price chart. Furthermore, the Average Directional Index is at 36-points, which suggests a strong bullish trend for the Monero coin. Monero investors need to push the price of the crypto above the psychological round level of $200 which has been a long-term resistance zone for a long time. Above $200, buyers can look at $230 as the next bullish hurdle. Support level - $165 and $140 Resistance level - $200 and $230
XLong
by TheCoinRepublic
🔥 XMR Falling Wedge: Bullish Break Out Near?Since topping out in April last year, XMR has seen a strong down trend. During this period, XMR has formed a falling wedge pattern. Classically, falling wedges are bullish reversal patterns. With the crypto, and especially the stock markets, seeing nice gains lately, the probability for XMR breaking out bullish increases by the day. However, the break out is not there yet. Wait for a big green daily candle to confirm the break out before entering a bullish position. Consequently, in case we fall back, buying in from the bottom support of the pattern might be a good longer-term swing trade entry. Happy trading!
X
by FieryTrading
4
XMRUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price was supported at the support zone two times and has also been rejected from the resistance line several times. Now the price is moving below the resistance line. If it is rejected, it will fall down to the support zone. But if the resistance line is broken, You can buy it after a pullback for the next resistances. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
X
by MarsSignals
2