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Monero

XMR - Where Are You Bulls?Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. WEEKLY: Left Chart XMR is overall bearish however it is currently sitting around a strong support zone (120.0) so we will be "looking" for buy setups on lower timeframes. H4: Right Chart 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 can still trade lower inside the support zone or even break it downward to test the lower support (50.0) Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
8
LINK vs XMR Hi guys! Please, support this idea by clicking the LIKE button. Thank you! LINK (Chainlink) looks horrendous. The price is breaking down the support of a Massive Descending Triangle, ultimate Target of which is $4-5 Keep in mind that LINK had a decent multi-year uptrend. Now it's time for a clear bear cycle The overall picture looks almost identical to what Monero (XMR) printed in 2017-2018. The same long uptrend and the same Descending Triangle at the Top. Will the outcome be different this time? I doubt it What do you think about it? Share your thoughts in the comments! If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates The information given is never financial advice. Always do your own research
Short
by CryptoBullet
8
Monero - Are the Bears going to win this⁉️💎The long-term trend for Monero is bullish as long as we hold the highlighted support zone. But are bulls strong enough to defend it? 💎Today XMR/USDT is back at the major monthly support zone after a heavy selloff this week. The selling pressure is rising once again with a big volume which suggests that bears are trying to push XMR below the demand zone. 💎Right now, the risk/reward buying opportunity is very good, but the probability of holding this uptrend to higher targets of 20-50%+ remains low. For a professional trade setup, there must be a combination of a good RR and a high probability of a trend, and we are waiting for such a confirmation before we take an action. 💎Soon we will find out if support is respected and MACD forms a bullish divergence or breaks lower. We are getting ready for a huge ...
by CryptoPAMM
Bitcoin: Head and Shoulders, ticket outThis could be our ticket back to long Bitcoin positions. (Meaning that this could be our ticket back to holding virtually any cryptocurrency and having it again be lucrative in a long position). BTC has once again proven the time-tested adage that when Big B wants to move, the rest of the market like-it or not, is going to be moving with it. --This goes for everything except Monero and some other privacy coins. Which makes me incredibly happy, but that's a topic for another post. Good luck and Godspeed everyone. 🫡 ♠️🤫🐿
COINBASE:BTCUSDLong
by FutureAmericanExpat
1
Monero Completing Potential Zigzag Elliott Wave PatternXMR looks like it is completing a potential zigzag where wave-c is only about 62% of wave-a. This implies that the entire zigzag should get retraced and we should see a powerful move to new all time highs. Wave-c is also a potential terminal impulse which means it should be retraced very quickly. To confirm the terminal impulse we must retrace all of wave-c faster than it was formed, and it will likely happen in less than 25% of the time of wave-c. We've already slightly broken the 0-b trendline so if this gets some follow through we could see a fast move up to new all time highs. The timing of all waves is virtually perfect and basically all rules are followed from a price, time and structure perspective. This comes at a time of extremely heightened privacy concerns regarding sanctions targeting Russian crypto addresses and Canadian asset seizures targeting vaccine mandate protestors. Monero is the oldest and most trusted privacy coin, as well as the most liquid and most widely used in dark net commerce so it has several advantages, especially for larger entities like Russian elites who want to avoid sanctions. Based on this I have a feeling XMR could do well at least in the short-term but potentially in the longer-term as well. There's also very large bullish momentum divergences forming that indicate a large move to the upside could be happening soon. Potential targets depend on how quickly wave-c and the entire zigzag are retraced. It's possible that this is a triangle wave-c instead of a terminal, meaning it would be followed by a d-wave, though this seems unlikely. If we a get a wave-d then it won't break all time highs and wave-c likely won't be retraced faster than it was formed. If we get a fast retracement then this should go to around 3k at minimum, but depending on the long-term could even go as high as 20-100k in a few years.
XLong
by Intuit
4
Monero $XMR to $200 Monero has continued its mark-down with solid intraday trading opportunities, rallying briefly to $234 before continuing downward price action. Expecting $200 early this week due to FOMC meeting & broader markets before deciding if $200 support holds for a reversal & climb back above $250 towards $270 and centerline of long-term channel or breaking down on path to $150. LTF shorts have upper hand bit will need to assess market sentiment as $200 PT is hit and next phase becomes clear.
XShort
by R0MM3LL
$XMR/USDT 3h (#BinanceFutures) Falling wedge breakout and retestMonero is pulling back to 200MA support and looks good for a bounce after and resume bullish. Current Price= 243.55 Buy Entry= 244.15 - 238.15 Take Profit= 261.12 | 276.36 | 295.61 Stop Loss= 225.11 Risk/Reward= 1:1.25 | 1:2.2 | 1:3.4 Expected Profit= +24.84% | +43.80% | +67.74% Possible Loss= -19.95% Fib. Retracement= 0.5 | 0.786 | 1.117 Margin Leverage= 3x Estimated Gain-time= 2 weeks Tags: #XMR #XMRUSDT #PoW #Mining #Privacy #Blockchain #Bytecoin #Hardfork Website: getmonero.org Contracts: #Mainnet #Secret secret19ungtd2c7srftqdwgq0dspwvrw63dhu79qxv88
Long
by TradingOn
XMR/USD Main trend (part). A cup with a handle is formingThis idea is just an update of the previous closed trading ideas of the main trend (to understand what is happening) and the secondary trend (to work) for 2020. I updated, so to speak, after reaching the goals of 480.18 Linear chart specifically to remove "market noise" (squeezes). The main trend (part). A cup with a handle is forming. The cup with the base of almost 1000%. After reaching the level of $480 a pullback (formation of a classic TA handle to this huge cup) takes place. It is rational to enter the market on a breakdown or pullback after the breakdown of the descending secondary trend (purple), which is also a resistance of the handle to the cup. Another option is to dial in portions from the support level zones by martingale, on a reversal on the underlying can also be on the breakdown of the pyramid. In very hard times for very fat wallets will show great profits in the moment... It's worth recalling that the monero (XMR) refers to "anonymous cryptocurrency" in the crypto community. Remember where the founder of this cryptocurrency rested for a long period of time and where he is now. Therefore, we can put a point on anonymity (large amounts). I am sure in connection with recent events in the world and the destruction of the finances of Russian oligarchs and not only this cryptocurrency will be actively used in 2022. The liquidity is not comparable to BTC and ETH, so the price can significantly swing at a moment's notice by the cornered. My previous trading idea for this cryptocurrency: XMR/USDT Main Trend (long term) From and to. 118.666 - 480.18 XMR/USDT Local work. Channel. Pivot area
by SpartaBTC
2