BULLISH ON PRIVACY! XMR-BTC 🔥🔥🚀XMR-BTC is looking quite bullish!
On the weekly, we broke a downtrend that formed in April 2019.
We are also at a recent resistance turned support around .007650.
Along with the other majors, XMR has not had a chance to make the explosive movements as other alts did during this alt cycle.
XMR has a 90% potential with targets at .009475 and .014800.
Let’s go Monero!
Monero
Monero, Show Us Privacy Still Matters! (XMR)Stage 1 breakout being tested right now with everything shooting green on monero.
Roughly 410 days since back to the stage 3 high of major structural Resistance.
Once we break here we will look to then hold to break the highs of stage 2 and stage 3 for a serious bullrun.
Keep an eye on the order book and watch the tape to see how much is being bought up on a breakout.
If this holds strong than we could see another correction and correlate with all indicators.
Anything can happen, stay sharp.
XMRBTC longI am long on XMRBTC with 2:1 and 15%, when you wanna know why, just look at the xmrbnb chart on the ame timeframe... and its summertime, if you know what I mean ;-)
Monero close to pumpHello traders,
Monero is close to break out an important resistance level after break out its long term downtrend. It would be a good entry point for a swingtrade from the blue to the red level.
Please push like buttom and follow us on Tradingview.
Monero Daily price Breakout SetupCan you see 50 EMA is perfect Resistance here if close above than easy 5% trade
just leave it to you guys price close above 50 EMA on daily than buy and hold
it will pump 5% in no time.
Monero showing strength above 200 DMA with a Buy signalA strong Buy signal on XMR while 200 DMA is turning up. Currently testing support on 200 DMA after TD9 signal. If this bounce form here, expect contrinuation towards 9500 SATS.
XMRUSDT ANALYSISThere are lots of corridors in this coin. Firstly, the candles started the downtrend corridor and continued uptrend and downtrend corridor again. Finally, they are stuck in the rising wedge.
Their lines are too close to each other, so this coin is a little risky. Therefore, we should look at EngineeringRobo's buy and sell signals.
XMRUSD seems ready to take off in a big way!Last week I wrote about the broke out in XMRBTC. Today I sighted the break out in XMRUSD. EMA are all trending higher implyign sustainability in this move up. It has broken the resistance level that has capped this pair since Mar 2020. This break up only signified a greater move. When you compressed the chart to see the longer timeframe, I cant help but get excited about the long term prospect of this pair.
Looks technically viable to trade beyond 100. Enter at current market 70.85 for 96 with stop loss at 59.50
Important Resistance level for XMRHello, traders.
XMR is accumulating above an important resistance level, and if we break this resistance on the uptrend direction, we are going to have a possible Bullish momentum.
For now, we must watch the price testing this resistance zone and see if the bulls can take control of that area.
Push the like button and follow us on Tradingview!
XMRBTC breakout or rejection?Broke out of a falling wedge, retested it and now testing resistance of a widening wedge. Penetrated the ichimoku cloud and RSI ha potential to rise.
Monero Break outs after years of consolidationI was personally buying on Leverage few days ago, finally we saw a nice small move up, after a small cooldown, we should continue pushing higher.
Bullish signals for MoneroHello Traders,
Moneiro is crossing an important downtrend line on the weekly chart. It maybe is an good opportunity for a swingtrade.
If we analise the daily chart it show us an ascending triangle what is also very bullish for the price. This ascending triangle can be a good protection for our stop.
Please push like buttom and follow us on tradingview
XMR MONERO BREAKOUT - EASY TARGET 70 XMRUSD XMRUSDT XMRBTCXMR MONERO BREAKOUT - EASY TARGET TP1 70
IF 70 BROKEN THEN TP2 82
XMR This is starting to show signs of life!This literally has been really stable for a while. The fact that it is holding above the 200 Day EMA is encouraging. As the trading range got squeezed tighter and tigher, it has now starting to show signs of trading higher. the 8D EMA has cut above the 13D EMA. In addition, it has also broke above the downward trendline as depicted above. The break up above 65.00 only meant nore upside is in the pipeline with a target towards 130 in the middle term!
P/S Invest at your own risk! Do your homework!
Monero Wedgeformed a broadening wedge
This is a bullish pattern
not the best pick out of all the alts i have came across however , based on TA
XRM/USDT 12H (Binance Fut.) Ascending channel and triangleTA: Monero bounced on 200MA (green one) acting as support and forming an ascending triangle (bullish pattern).
Also I can see a big parallel channel holding the up-trend, I hope it will keep this way!
Current Price= 63.72
Buy Entry= 63.72 - 62.32
Take Profit= 67.82 | 72.72 | 80.11
Stop Loss= 58.22
Risk/Reward= 1:1 | 1:1.94 | 1:3.36
Expected Profit= 24.90% | 48.39% | 83.79%
Possible Loss= -24.90%
Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 3x
Estimated Gain-time= 720h
EW Analysis: XMRBTC May Break 2019 LowsHello traders!
Today we will talk about XMRBTC and its price action from Elliott Wave perspective.
XMRBTC is sideways since 2019 and it's ideally forming a big bearish triangle pattern in wave "iv", which means that we should see even more weakness and sooner or later we may see new 2020 lows that can send the price down to 0.0060 - 0.0050 area, if not even lower.
XXX/BTC crosses are highly dependent on BITCOIN.Dominance, which we still see it bullish and it's looking for more upside, so BTC will most likely stay stronger than ALTcoins and most of XXX/BTC cross pairs may remain under bearish pressure.
Be humble and trade smart!
If you like what we do, then please like and share!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.