Get started

Monero

XMRUSD Time for accumulationPattern: Bullish Megaphone on 1D. Signal: Buy on the MA50 as the RSI got rejected while the price hit the top of the Megaphone. Target: 400.000 which is the top of the Megaphone and just below the 2.382 Fibonacci Channel extension. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView --------------------------------------------------------------------------------------------------------
X
by TradingShot
10
Monero/XMR is a sleeping giant.Monero has one main purpose, to ensure privacy between users and it arguably does it better than any other cryptocurrency by offering privacy by default. Pros: - Atomic swaps might be released by the end of the year allowing for trust-less BTC<->XMR swaps - Grayscale considers launching a Monero trust, if it happens they would probably be accumulating right now - Michael Saylor mentioned in a podcast that if people want privacy they should "just use a Monero" - Averaging around 4x the number of transactions since the last ATH in 2017-18 Cons: - Exchanges in Australia and the UK aren't allowed to list XMR - Possible regulatory scrutiny by other countries targeting privacy coins - Associated with crime (some could see this as a pro) There are many more pros and cons, which I might add in later. Targeting $420 by year's end.
BITFINEX:XMRUSDLong
by Kanocrypt
1
XMRUSDT (MONERO) - POTENTIAL BREAKOUT ANALYSIS 🔎 - XMRUSDT printed a falling wedge pattern. - A falling wedge pattern is a bullish reversal pattern. - Price brokeout above the falling wedge's resistance. - Price action is printing a double bottom. - This is also a trend reversal pattern. - Price is testing the neckline resistance. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the neckline resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). SETUP INVALIDATION ❌ - Breakdown below the double bottom horizontal support level (S1).
XLong
by Chibuike_Odoh
4
XMR Bouncing off Heavy SupportXMR dumped hard and its sitting on a huge weekly support. At the minimum I am expecting a retracement from the large move down. Refer to the monthly chart below. Also consider we are in a bull market so rallies can be irrational and further exceed our take profits, the exits posted below could be smashed through or honestly not met. Remember to use stop losses. XMR/BTC 1M: Expecting us to see a retrace to the 38.20% fib as a bounce of this strong support/resistance zone. At the least we see a bounce and if it has power behind it we can make it to the second 100% target. This is against BTC so would double up if played out. 64% from 50 EMA on Weekly 112% from 200 EMA on Weekly
Long
by Wael613
Why $FIRO is going to surprise $100+++ targetFor all those that have been around crypto for a while 5y+, you´re no stranger to Firo previously called ZCOIN (XZC ticker), Firo was always one of the vanguard coins when it came to privacy going head to head with ZCash and Monero, along the way there were many hiccups, which brought us to today. In January they upgraded their protocol to Lelantus. What's special about Lelantus Privacy by default like Monero, Zcash is optional No Trusted Setup - ZCash has a trusted setup Strong Cryptographic primitives - ZCash is still considered experimental Anonimity set 2^16 vs Monero 11 All this makes Firo the best privacy coin in the market Previous ATH: 142$ Circulating Supply: 11,535,491 Current Price: 6.2$ one of the few coins that have mooned ironically its one of the best FIRO MCAP vs Zcash & Monero & Horizen Monero: 3.587B ZCash: 1.626B Horizen: 529M Firo: 71M Target: 200$
Long
by crydamus
1
XMR - 6h. Sellers are preparing for the test of $120-125On January 10, there was a fierce struggle in the XMR market for the range of $168-172. Volatility that day was rampant and the prospect of continued growth as well. Trading volumes were abnormally high. On this day, the price of XMR fell sharply and hit the mark of $120 in 2 weeks. The new buyer's attack on January 27 looks much weaker. Particularly low volumes near the critical range of $168-172. At the moment, buyers look weak and unable to keep this range. If sellers take control of this range - globally we will expect a repeat test of the range of $120-125. Given the high probability of BTC correction , scenario for continued growth to the mark of $200 is still alternative. It will become the main one after consolidating buyers over $168-172 P.S. Our global idea was to turn around from $ 172.5 _______________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
X
by P_S_trade
5
Does Bitfinex Artificially Support ZEC while Suppressing XMRYes, the same Bitfinex part and parcel of the Tether fraud, which has created $25 billion USDT, backed with "reserves", which operate exactly like banks. They make "loans", and then use that as the backing for their balance sheet (among other dubious methods of "reserves"). Okay, chart time. What you're looking at is: On Top: XMRBTC price in orange and the ZECBTC price in blue On Bottom: Net longs for each coin, XMR orange, ZEC blue, and BTC in gray for reference. *See note *Note: For XMR and ZEC, it includes BTC longs-shorts. It also divides by 30 day SMA of volume, to factor out changes from skewing the chart. As evidence, look at BTC, in gray, similar magnitudes as Monero. So ... some partie(s?) on Bitfinex started longing ZEC with increasingly large fluxuations starting in mid 2018, continuing until present day. The amount of longs vs shorts as a ratio of volume appears to be exponentially increasing. Until recently, XMR and ZEC mostly matched each other for price direction (if not magnitude). However, suspiciously, the net longs seem to have little correlation. This doesn't make sense for two coins who *were* competing for the same use case (the competition is over, Monero won). Worse, for apparently no reason at all, last year, at exactly the same time that Monero price began to diverge upwards from ZEC and Monero was quickly distinguishing itself not only as THE accepted currency for DNM, but also as one of the best performing coins of 2020 ... we see something which hasn't occurred since 2018. XMRBTC net longs drop drastically into the negative, far beyond at any time in it's trading history, while ZEC has yet another larger exponential move into net-long. This occurs immediately before the XMRBTC ratio drops out. One must ask, how is it possible that these two coins have such widly divergent action on Bitfinex longs-shorts, whether or not the corporate interests behind the largely defunct zcash have anything to do with this, whether this has anything to do with the fact that Monero has dropped precipitously relative to other coins, and what part Bitfinex plays in this fraud. Probably alot, given that the defacto state of their relationship to Tether is nearly synonymous with Tether, and it is likely a significant factor in the price action of the past 6-9 months.
by herbison
2
XMR starting its Bull Run XMR has overcome a major resistance area and we can definitely see the start of a proper run here. We are looking to ladder longs once XMR has come back and tested this area as support. This will offer us less risk on our position and more reward. XMR has not even started its bull run yet and has a long way to go to get there. We are looking at capitalizing on this and many other alts which still hasn't seen their turn. - - - - - - - - - - - - Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice. I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.
Long
by TheForecasters
XMRUSD Can it? Could it? Would it?Ok here is some fundamentals: Monero outperforms the crypto market as its dark web use rises - Source -Invezz Monero leads privacy-oriented coins in year-on-year growth, up 249% in 2020 - Source: FXStreet While the dark Web has really lead to the use of more Cryptocurrency, due to its untraceable characteristics. We must ask then, what is Crypto mainly used for? Can it be for Adrenochrome harvested from the innocent? Child trafficking? Illegal matters? Red Rums? etc. Yes it Sure can! and Being that those services are not cheap; some cost fortunes, we can at least draw a correlation between the increase of price and usage. Now, going off on a tangent, can you only image the wealthy pigs who primarily use Crypto for such purchases.. ? Yaa A LOT. As I digress, we can see inflation resistant assets, has moved many investors to adopt crypto as a safe haven. Being Covid as A catalyst to say the least. Furthermore, I wanted to address the elephant in the closet, that being, I notice many people with cult like mentalities on here, whom are very emotional about others who hold opinions contrary to them. In only to advance their infatuation with an intangible currency.
XShort
by BrunoAlvesb2