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Monero is showing an absolutely incredible pattern in the chartsMonero (XMR) is showing an absolutely incredible pattern on the weekly and daily charts. Monero is one of the very few truly decentralized and anonymous blockchain cryptocurrencies on Earth, which is why the powers-that-be are working to make it harder and harder to obtain. This is why it was dropped from the criminal/fraudulent Ponzi scheme known as Binance recently. I see good things coming for those who hold this crypto in terms of usage. Good luck, and always use a stop-loss
KRAKEN:XMRUSDLong
by MetaShackle
2
Monero Playable- Well this chart will be a bit difficult to understand, so follow the graph and the famous bubbles.. - XMR i a strong privacy coin, notice the asymmetry from 2018 to 2022. stunning! - XMR is not an FTX shitty token or a scam coin, this project is here to stay. - Monero is comparable to Litecoin, they start always their bullish trends before the other altcoins. - Litecoin because of his halving earlier than BTC, XMR because it's like the little brother of TheKing for the Darknet. - So to play this trade you have to follow BTC movements, because if BTC dip more you know already what will happen to XMR..! - Remember also that for now we could go sideway for while and it could be very boring, so be patient. - Play like a robot don't be greedy, respect your gains and take your lose or hodl (up to your strategy). - Always invest what you can afford to lose. ---------------------------------------------------------------- Trading Part ( Look the chart to understand more ) ---------------------------------------------------------------- Now : Nothing to buy !! ZERO ! ---------------------------------------------------------------- Scenario 1 : Play the Dip ( Dangerous mode ) ---------------------------------------------------------------- - Buy 120$ - Rebuy 100$ - TP1 170$ - TP2 250$ - TP3 350$ - SL : 95$ ---------------------------------------------------------------- Scenario 2 : Play the Breakout ( Soft mode ) ---------------------------------------------------------------- - Buy 180$ - TP2 250$ - TP3 350$ - SL : 165$ ---------------------------------------------------------------- - if you understood my chart, i can tell you, Bravo! Happy Tr4Ding !
KRAKEN:XMRUSD
by thecryer
6
XMR - The STRANGEST (and EASIEST!) Chart 🤔📉Hi Traders, Investors and Speculators of Charts📈 If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle. I've also referred to this as Elliot Wave Theory Wave 1. Monero / XMR is an altcoin that still has massive upside potential for the coming bull season. But when analyzing Monero, I came across something rather interesting or strange; unique to the XMR chart - the candles follow a perfect quadruplet set of diagonal support lines! Usually, and you may be more familiar with this, you will see horizontal support zones, for example: But on the XMR chart, the trendlines of both support and resistance are diagonal, rather than predominantly horizontal like most other charts. After finally identifying this interesting trend, we can now readily set buy/sell zones. For example: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck CRYPTOCAP:XMR BYBIT:XMRUSDT.P BINANCE:XMRUSDT KRAKEN:XMRUSD
Long
by CryptoCheck-
2
MONERO (XMR) showing a MASSIVE bullish divergence on the 1hr.MONERO is showing one of the largest bullish divergence gaps I've seen in a long, long time, after dropping about 40% in a day. This was obviously a coordinated attack to manipulate the price of XMR, as it is hated by the power's that be, because it can not be tracked, traced or controlled by their corrupt ring of criminal governments. Their pathetic attempt is now backfiring, as all they did was give XMR investor's the opportunity of a lifetime to buy even more XMR at the best discounted price they've probably seen in years. If you trade this, trade with caution, as they could do it again. Good luck and always use a stop loss.
by MetaShackle
4
"Monero Roars: Bull Run Signals Potential Multi-Year Rally!"Monero (XMR): Chart Analysis Indicates Multi-Year Bull Cycle Amid Privacy Focus Monero (XMR), a leading privacy-focused cryptocurrency, is captivating the attention of traders and investors not only for its unique attributes but also for the compelling price setup that suggests a potential multi-year bull cycle ahead. Privacy at Its Core: Monero isn't just another cryptocurrency; it's a digital asset engineered for privacy and anonymity. Utilizing cutting-edge cryptographic techniques such as ring signatures, stealth addresses, and confidential transactions, Monero ensures that users' financial activities remain shielded from prying eyes. In an age of increasing surveillance and censorship, Monero stands as a beacon of financial sovereignty, offering individuals the ability to transact freely and privately, without fear of surveillance or censorship. Community-Driven Development: Monero's development is steered by a passionate and decentralized community committed to advancing the principles of privacy, security, and decentralization. Unlike many cryptocurrencies, Monero has no pre-mine or founder's reward, ensuring a fair and equitable distribution of coins from the outset. This grassroots approach to development fosters innovation and ensures that Monero remains true to its core principles. The Price Setup: Against the backdrop of Monero's privacy features and community-driven ethos, its price chart reveals a compelling setup that hints at a potential multi-year bull cycle. Technical analysts have identified what appears to be a six-year cup and handle pattern—a bullish formation that typically precedes prolonged periods of price appreciation. The cup formation, which began around 2018, showcases a gradual accumulation phase followed by a consolidation period characterized by relatively stable price action. In recent months, Monero has shown signs of breaking out from the handle formation, with price movements suggesting a potential upward trend continuation. Implications for Investors: For investors seeking exposure to a cryptocurrency with strong fundamentals and growth potential, Monero presents an enticing opportunity. If the cup and handle pattern indeed materializes into a multi-year bull cycle, investors could stand to benefit from significant gains over the long term. However, it's essential to approach investment decisions with caution and conduct thorough research, considering factors such as market volatility, regulatory developments, and macroeconomic trends. Conclusion: In conclusion, Monero embodies the principles of privacy, security, and decentralization in the digital asset space. As its price chart suggests the potential for a multi-year bull cycle, investors are presented with an opportunity to participate in the growth of a cryptocurrency that prioritizes privacy and financial sovereignty. While the outcome remains uncertain, Monero's fundamentals and technical setup offer compelling reasons to believe in its long-term potential.
KRAKEN:XMRUSDLong
by UnknownUnicorn2319099
Monero Money Flow Picks Up: Should We Continue Trading?The money flow within the Monero ecosystem has recently picked up, leaving me wondering whether we should continue trading this cryptocurrency. Over the past few weeks, Monero has shown signs of increased activity and market interest. The trading volumes have surged, indicating renewed enthusiasm from investors and potentially creating new opportunities for traders like us. Monitoring the money flow within a particular market is crucial for making informed trading decisions. The recent rise in Monero's money flow has sparked my curiosity, prompting me to evaluate whether we should consider increasing our trading activities with this digital asset. While the reasons behind this surge in money flow can vary, it is essential to delve deeper into the factors influencing this trend to determine its sustainability and potential profitability. We must engage in an open discussion about the current state of Monero and its prospects. Together, we can analyze the market dynamics, assess the potential risks and rewards, and ultimately decide whether it is wise to continue trading Monero. Therefore, I kindly invite you to share your insights and opinions. Your experience and expertise in the trading field would be invaluable in helping us make an informed decision. Please feel free to voice any concerns in the comments or questions regarding Monero's recent money flow surge or other factors that may influence our trading strategy. I look forward to your response and the opportunity to continue our trading journey with Monero.
X
by bryandowningqln
XMR Investment Plans.I'm going to make an investment purchase of Monero next year. A significant portion of the money I've been making in futures will go into a long-term buy and hold of XMR. Ready to share my vision of how I will buy. I expect a qualitative change in attitude towards Monero in the coming years. The number of beneficiaries of invulnerable capital is growing. This means that bought with money that in no way can be cashed in Monero becomes an important link in the withdrawal of capital. By the way, I also believe that in the coming years there should be platforms focused primarily on decentralized trading using Monero. 1. $97-95 - 20% of total planned budget. 2. $62 - 40% budget. 3. $40.05 - 40% budget. Real life will begin in 2025. ;) I expect at least $900-1000 for XMR at the peak of the market.
by averkie_skila
8
SELL Monero, Not Quite, Not YetSince monero broke it's 164.60 support level on Feb 9th 2023, it has attempted to break this level in March and April and failed. Monero then retested the support level of 137.60 which was formed on December 28th 2022 and has been testing and holding multiple times. Fast forward -for the last 6 days Monero has reformed and has been consolidating and holding the now reformed support level for the first time in 5 months Once monero continues holding 164.60 or 151.90 it will pump. Keep the hodl bag
XLong
by UnknownUnicorn39347201
XMRUSD - Rejected by Upper Edge of Symmetrical TriangleMonero looks to be trapped inside this symmetrical triangle which has formed after another rejection when trying to break through the upper bounds. There's a nice parallel channel formed for the price to fall back into but it may need a little wiggle romm first based on historical S/R levels. We can see the price reaching the lower edge of the aforementioned triangle but it may take a few days or even weeks, somewhere between 15-20% profit could be expected from this Sell signal from Crypto Tipster v2.
KRAKEN:XMRUSDShort
by theCrypster
XMRUSD IdeaUsing the Cypher tool I show my view on the prior bull run, which I show is acting as the middle of this cypher structure With the first Initial bullrun being the first leg, and the coming bull run being the next leg of the structure (bars pattern in green) I'm not too sure if this is how the cypher tool is used but it showed my point perfectly so I used it. I don't have a target but If I did it would be way above the 2017 and 2021 highs. Safe to say im bullish on cryptocurrency.
KRAKEN:XMRUSD
by Bixley
Monero XMR price is preparing for long-term growthMonero is an old-school bastion of anonymity in the crypto world that has survived and is in demand. Because its "friends in the shop" from the first generation of altcoins DASH and ZEC are hopelessly depreciating, although they were once much more popular and expensive than XMR Sooner or later, the cryptocurrency market will be regulated, and for holders of the XMR coin, its presence will be like a breath of fresh and anonymous air of the "truth cryptan") If we look at the global price chart of XMRUSDT on the weekly timeframe, we will see that the price has been consolidating in the form of a triangle for more than 5 years since 2017. Now the price has hit the lower boundary. Also, the price of XMRUSD has not updated the June 2022 low, while the price of BTC and many other altcoins have recently updated their 2022 lows. Summing up, we believe that keeping at least 1 XMR in your long-term investment portfolio is a matter of honor and devotion to the creators of the anonymous crypto world. Sooner or later, the time will come when you can sell your Monero for $4000+ . _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
18
Monero (XMR) above other cryptosI believe that Monero will see a strong appreciation due to its focus on privacy. Lately, the governments of certain countries are hunting the basic freedoms of their citizens... After breaking through a wedge and a resistance line, the price did not fall below the 0.214 retracement: Another point to note is the dominance over other crypto assets. And on the XMR/BTC chart we had important supports tested and not broken, and at first the price has a bullish bias. That's why I have a bullish bias for this asset.
KRAKEN:XMRUSDLong
by andre_007
2