XMRUST trade ideas
XMR inteligentassetNow at 147 support by lower limit of the channel
bullish scenario
Resistances 161 in 50 ema, 170 horizontal, 180 pivot high, 206 upper limit channel
bearish scenario
Supports 137.7, 131.9 pivot low, 117.8
#1 XMR. The sleeping giant.XMR/USDT
Looking at the monthly on XMR, I can see it had a very strong buy back, it's looking very strong which means that most likely there will be MORE upside on it.
I expect to see $180 area acting as resistance, 4H trending to the upside meanwhile DAILY chart is preparing for a DEATH CROSS (55 and 389 EMA), I doubt it's gonna be a deathcross because it's holding the support for too many months now. This will have an impact most likely in the short term. Do not SHORT IT!
XMRUSDT Bullish Overture and Fibonacci FantasyAh, the Monero chronicles! Picture this: back in October 2023, XMRUSDT shattered the colossal triangle pattern that had been brewing for a whopping 500 days. It wasn't just a breakout; it was a seismic shift, a bullish beacon illuminating the medium and long-term horizon.
Fast forward to the aftermathโa robust pullback, precisely what the bulls ordered for that ideal entry point. But here's the kicker: XMR stood firm at the uptrend trendline, setting the stage for a potential turbocharged rally.
Now, be ready for the grand spectacle! We're foreseeing XMR setting its sights on the 161.8% Fibonacci resistance, an illustrious mark at the $225 checkpoint. The plot thickensโshould this resistance be conquered, Monero has a captivating reward in store for its buyers: a delightful 60% gain.
XRM inteligentassetOn 7/1 bounce at 143 lower limit of channel
bullish scenario
Resistances 162 in 50 ema, 170 horizontal, 180 pivot high, 206 upper limit channel
bearish scenario
Supports 147 lower limit channel, 138 horizontal, 131 pivot low
XMR Bullish Scenario XMR Bullish Scenario
Waiting for breakout of Ascending Triangle.
Will enter after breakout
XMR is bullishXMR is closing monthly November candle with very bullish price action which implicates there should be more upside in December.
Always manage your risk and use stoploss. Not a financial advice...
XMRUSDT - BULLISH REVERSALThe coin had been trending in a bearish trend printing series of LHs and LLs when a bullish div was made. It may start bullish trend now if indicated level is broken on upside. Buy stops may be placed.
Monero - XRM MoonshotMonero is another asset that no one has been interested in for over a year.
Yet there is clear accumulation going on, with a backtest of the old all time high as support as the first low and continuous higher lows subsequently.
You could size this up by having the last low as your invalidation point.
This asset looks incredibly promising, the only doubt is that it is taking a long time to play out, but so did XRP...
XMRUSDT In Bearish Descending ChannelPresently, XMRUSDT exhibits a bearish trend characterized by a descending channel pattern. Identifying the chart at a Lower High (LH) juncture, Initiated an immediate entry, establishing the preceding LH point as the stop loss. To determine Take Profit 1 (TP1), I utilized a 1:1 risk-reward ratio. Additionally, Take Profit 2 (TP2) was calculated based on a 1:2 risk-reward ratio.
XMR bullrun is nearIt is one of the symbols that is moving above 500 days in a limited RANGE. This symbol appears to be completing a very large diametric.
The green area is the strong bottom. Now it seems that we are in the last correction wave, that is, G from G.
The last corrective branch i.e. wave g of G is expected to be completed and the bullish wave will begin in the form of a large D wave
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
$XMR looks really good!!Thats my long term view for Monero, I strongly believe that we are in the beginning of the next bullrun
Monero ($XMR) Attractive for Investors
XMR's correlation with Bitcoin's price is minimal, making its market behavior unique.
The coin is nearing resistance at $179-$187. Considering the growth since early September 2023 and the overall upward trend in the market, a continuation of XMR's rise is plausible. Beyond the current resistance, XMR could test the $200 and $210 levels. A firm hold above these levels might significantly boost its growth.
A correction for OMXSTO:XMR seems unlikely, with key support at $155-$162. The asset could only fall to this level if Bitcoin dips to $38,000. The $150 level and the $135-$143 zone are attractive for accumulating the coin in the spot market.
XMRUSDT ( don't panic ... )hello dear investor and traders
don't open sell position for some news
XMR The price is well supported on the supportzone โฆ
long time ago: President Trump gave a reward for tracking Monero transactions... but Monero continues to work strongly and has the most secure blockchainโฆ
don't panic : The mafia is waiting to get bigger to collect Monroe
good luck
XMRUSDT # 001 ( Notice for Fly To the Sky $$$ ) Hello dear traders.
Good days .
On monthly Gann Square, XMRUSDT start rises after finished Gann arc resistance at reversal time zone on June 9th . After rejection from First daily Gann Arc resistance and get support from lower Gann Fan , with time pass 2nd and 3rd arc resistance broken and XMRUSDT collect Enough Energy for Big bullish rally to reach itself to the 0.618 and 0.75 Daily Gann Box Fib level.
On monthly overview we can expect upward move to the unbelievable prices 720 , 900 , 1360 , 1770 and 2180 .
Chart updated and route plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments
XMR/USDT Breakout Above Key Resistance?๐๐XMR Today Analysis๐ Paradisers, let's focus on #XMRUSDT as its demonstrating a potentially significant market move. $Monero is currently poised to challenge a substantial resistance level, signaling a high chance of a bullish breakout.
๐ Observing #MONERO recent activity, it's evident that it's testing the internal resistance at $177.1 for the third time. Its current position in the demand zone further bolsters the likelihood of breaking above this level. Should #XMR successfully surpass this resistance, we're looking at an optimistic target of reaching the higher resistance level at $209.9.
๐ However, as astute traders, we must always be prepared for various outcomes. If #XMR struggles once again to breach the $177.1 resistance, we might need to shift our focus. This could involve anticipating a bullish recovery from a lower support level at $159.9. Yet, be aware that a break below this support could lead to a downward trend. ๐ด๐ฐ
#Monero $XMR Trading IdeaHMR #Monero looks bullish on the 2-3D timeframe. This coin is very choppy I would be careful cause itโs very hard to trade.
Monero(XMR): We Will Sell Soon! The XMR/USDT market is displaying some dramatic price action. The recent sharp decline suggests a significant urge for downward movement. Despite these bearish liquidity moves we are having on the market, the price of XMR has re-tested the major resistance (which once was broken and we had a nice fakeout).
If this retest turns out to be a fakeout, it indicates that sellers are still in control, and we could expect further downside towards the $157.51 support level. This bearish scenario aligns with the recent drop and will be further substantiated if the price fails to reclaim higher levels soon.
XMRUSDT Sell LimitMonero H1 chart. We have strong demand zone. Risk reward 1:3 (or more) . Bears are strong and 175 level is good level to enter short.