XMRXMR Bounce demand zone /.............................................................................
XMRUST trade ideas
XMRUSDT - Key levels are being tested This would be at least the 5th or 6th attempt to test the 176.5 level on Monero.
If the price breaks below this key level, the next stop could easily be 124. It will mostly depend on how BTC will do in the next few days.
In my opinion, the more times this level is being tested, the more chance we'll have that sooner or later this break will happen, and the fall could be huge.
We have bearish movement on most of the timeframes and MACD is also turning red.
I'm already short from 188, but with a target of 168 and stop with 197. I know it could turn around and skyrocket back up, but I already made very good gains shorting the market in the past day.
Let's see how it goes...
XMR BearishXMR has made a double bottom on its weekly and monthly time frame and after a very good raise, it is crashing down now and during recent weeks has got a good momentom into downward.
It seems that we will witness a real correction in this bearish run.
This is personal idea and I am not a financial adviser, always Do Your Own Research (DYOR).
xmr/usdt 4hrnot a financial advisor. this idea shows a rounded bottom, potential cup-n-handle. measured move puts this at 25% profit. [ rsi indicates over bought tin turn indicates some downside, ]
XMRXMR looking BUllish Flag in Daily timeframe, but it will drop to yellow line looking in Short term
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!
Monero In PuzzleMonero in Puzzle of Ending Diagonal and Leading Diagonal!
Monero can be 1000$
First Level to buy 120$ And Secound Level is 290$
Forecast Basically on Elliott waves Principles
XMR - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
XMR is sitting around a strong support zone in green so we will be looking for buy setups.
on DAILY: XMR is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, XMR would be overall bearish can still trade lower till the lower green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XMRUSDT - SETUPXMRUSDT's price has jumped up and stayed above the strong resistance area at 205.0. after moving into a round bottom formation now bulls are trying to move the price into the upward direction and 240 will be their target area. Good Luck!
MONERO LONG and LEVELSMonero has a nice setup for long positions. Just check the volume and be careful around strong SR.
MONERO Daily TA : 12.23.21 : $XMRAs we can see, the price is in an important range and recommended to keep an eye on it ... 😉
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 23.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
XMR 15 minXMR entered the overbought zone - correction is possible. The nearest strong support level is indicated
XMR CUP&HandleXMRUSDT is looking bullish in long time frames i.e. 4H, 12H and D. depending on the fundamentals to be +ive it can pump hard from here.
XMR - MONERO Long TradeMONERO looks ready for a next long trade setup. RRR is decent depending on your TP , more short or long term.
Price came down approx 65% from ATH. Market info and trade template included as always
I really like such setups
XMR PERSONAL ANALYSIS IN THE LONG TERMChart shows common supports and resistances based on the Fibonacci and price action. The total evaluation for the XMR coin is neutral-bearish. The coin has a very healthy sentiment below the 175$ region, but the constant consolidation above the 0.236 (above 200$) and the repetitive oversold indications in the Relative Strength Index were not helpful confirmations in making this asset a "confident long term investment" since as you can see in the chart, there were no established lower highs and is now currently threatening current investors for a lower low price target. It had been previously being rejected in the 300$ region multiple times as well in a larger timeframe which depicts that no buyers are interested enough to establish a reasonable buying support there. The coin's trend is now below the 200 MA which portrays a bearish signal/tone in the price action.
This asset should be taken into consideration of only soft buys and not full time investments. The soft buy at 174$ region is not advised if the "general" market is overly bearish, but it would be a better buy if we have a confirmed bull market.
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The short bias indication in this idea is made due to several criteria:
a.) Highly prone lower low in Bear Zone
b.) Failed establishing lower high in oversold RSIs
c.) Below the 200 MA
d.) Rejected at the 0.382 FIB multiple times in a daily timeframe
e.) Shorts are more likely to be more profitable than longs.
The recommended strategy for this coin is to buy it below the 174$ region approximately 140-160$ or less and short it in the 280-300$ region during bear trends.
A LA ESPERA DE UN REBOTENo es consejo de inversión. pero el grafico habla por si solo. les recomiendo mantener posiciones y estar al tanto a las líneas de soporte que atrase. al romperse una de esas dos líneas. sebera la dirección a donde ira a parar el precio.