Monero can Decrease Or Increase Depending on a Reaction from 170MXR (Monero) was in a Big Rising Wedge pattern. The Pattern Was going to Decrease the Price and It Did! The Price is gonna Decrease to the Bottom of the Pattern But For Now The Price shall fall to 170$ and after that We shall see What is gonna Happen. Two Scenarios Can Accrue! One is that the Price would Continue To Decrease and It would reach 155$ and another Scenario is that the Price would Start to Increase from there and Get Back to the top of the Pattern. We shall wait and See What is gonna Happen.
-MXR was in a Rising wedge pattern
-It's already Broken by the Price
-The Price shall fall to 170$
-if it would Continue to decrease 155$ is the Target
-If it doesn't Price will Increase
-In a Few days we can Come to a Conclusion.
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Have a nice day and Good luck
Xmr
MONEROXMR/USDT i see this Rising Wedge Pattern is just broke and i take SHORT POSITION
Entry - 194
TP - 150
SL - 209
Getting close to XMR sell zoneI think XMR has one more leg up to touch this backside sell zone and bounce. Watching closely.
XMR - I am bullish on privacy !!The recent crypto melt down has not changed my call on Monero relative to BTC.
I have been shaken out of my position and I already regret it.
The long term outperformance of XMR relative to bitcoin is still valid.
The downturn only provided a strong backtest of the breakout.
PRESENTLY THIS IS A NO BRAINER !
Of DXY and BitcoinUnfortunately the federal reserve has chosen to walk the fine line of recession. It has constantly ignored speculative market warnings that a recession is here. These are often early warnings. They are often akin to mere threats. The problem starts when mass-lay off start happening. At this moment we are perhaps 2 weeks away from companies initiating the process.
My best guess is that this week the Federal Reserve will once more smack speculative markets down. However, as we are seeing companies like :
- Amazon, $AMZN, charging inflation fee. (They are a Web/logistics company, makes no sense for them to impose such a fee without being a producers. Not to mention inflation has nothing to do with the current crisis, it is a commodities issue being blamed on an inflation issue due to geo-politics and miss-management)
- TESLA, $TSLA, hiking prices due to battery production commodity scarcity.
- Oil, $OIL, prices still moving up
- Gas, $GAS, prices still moving up
and many many other factors.
The FED, Mr. Jerome and the inapt within the geopolitical power dynamics; are about to get the blunt side of wallstreet big red candle stick. EMPLOYMENT. The DXY will hit 112 dollars and be shorted as more and more companies initiate mass-lay offs to counter their extra costs. (In a world where employees cost too much but automation costs the same. A logical move for any company to survive drop in demand is to boost up automation efforts to present good results to embattled share-holders.) It has now been 2 quarters of damaged earnings, lack of demand, raising cost of capital, raising cost of goods sold.
We can only pick one fight (Inflation or Commodities (UKR) ), if we continue trying to fight both, the result will be the strongest message investors are still able to send. Massive drop in EMPLOYMENT.
Short DXY at 112. Long XMR, BITCOIN and other network aggregated value stocks that are not border or country constrained.
Monero the real Bitcoin.Unlike other alts Monero idea was simple and achievable. Take bitcoin -> Make it private. Since then Defi bridges have been created. Visualization ID's is a feature. It is now perhaps the most complete blockchain out there. It is a no-brainer at current prices and if there is a crypto I would bet my last cent house and go homeless for it is Monero.
At current levels it is one of the hardest to mine. In terms of features it is a ready made product with many applications, one of them being the possibility to store ID data in a way that respects privacy! The future of monero is by far the brightest within the crypto industry.
I will die on this hill but by the time my grandkids are old I have 100% trust Monero will be the next gold standard and possibly become a reserve currency.
XMR/USDTIn this market situations, it is a huge risk to making trades. However, if you are one of the risk lovers there is a trade option. Do not trade before 4h close above the enter price.
XMRUSDT decision zone hi guys
if we brake the resistance and close 4h candle above we are bullish
and if not we have to wait
ETH whales cashing out to XMR? Record XMR/ETH Volume on Binance!Interesting data. This pair has been bleeding for months and suddenly it rebounds with some SERIOUS volume! I haven't seen anything like this.
This is a great sign for Monero I think. A lot of people made a LOT of money off of Ethereum the past couple years. Naturally, when you make money your next goal (after the hookers/cocaine honeymoon period wears off) is to ensure wealth preservation and protection. In the cryptospace, there is no other asset focusing on user protection as much as monero.
I haven't traded any ETH for XMR (because I have very little ETH and I hold XMR already) but I will come back here to check in on this ratio perhaps.
XMRUSDT TREND LINE ANALYSISNice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
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It retest after breaking the upward trend.
If the retest is successful, it will go down.
Market Cycles | XMR as an example Hi guys! Please, support this idea and click the LIKE button. Thank you!
You can't just copy & paste the previous cycle and expect the same % return, because trends can't keep the same angle
As the market cap of an asset grows, it becomes harder to move the asset since more capital is required. That’s why in the first cycle we see the wildest uptrends & steepest corrections.
In 2014 Monero (XMR) had a downtrend of -64°
Next Cycle -64° turns into -41° as XMR gains more capital & participants
Now we're in the 3rd downtrend and it's even less aggressive - only -18° (and I expect it to take more time to reach the bottom)
I also like the math: 64-41=23
Every next downtrend is less steep by 23°
41-23=18° - perfectly matches the 3rd downtrend we're currently in
Same math can be applied to the uptrends. So we can expect the next Uptrend have 25° of steepness (it will take several years to reach an ATH)
What does all this mean?
Well, probably you should look for opportunities to participate in the first cycles.
Forget about old coins (since they also lose in technology to new projects and become less relevant) and pay attention to the new ones. Accumulate them after the downtrend 1 and multiply your capital during the following uptrend.
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The information given is never financial advice. Always do your own research
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
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!
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The information given is never financial advice. Always do your own research
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 ...
XMR Monero LongXMRUSDT had consolidation on H1 TF, After that price had breakdown to liquidate buyers. buyers are already dead now it's time for a little uptrend to kill shorters from previous consolidation. Approximately it is $250-255.
XMRUSD Gravestone Doji AnalysisViewing the Gravestone Doji that has previously formed on the middle band and the candle that followed we can make some assumptions based on the current gravestone doji
As the current Gravestone Doji is at the upper band we can assume a dump to the middle band (comparable to the previous drop)
Gravestone Doji's are considered very bearish
This is the Monthly timeframe
$XMR 1HR Range$XMR performing well against the market today, but looks to be ranging after seeing resistance at former highs. RSI following the same range, with MACD looking to roll over to bear momentum for now.
Has performed substantially well all things considered.
I personally hold $XMR long term, just want to disclose that whenever I look at a coin I hold.