XMRMonero after the surge of 2016 until the beginning of 2018, we entered a correction that started wave 2. But it is not just any wave. It is a complex second wave wave. In which it involves continuation pattern. Pattern cup and handle figure. When we break out of this loop we will see higher high prices. And of course, for that to happen we need to see bitcoin restore prices higher and higher.
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Xmr
XMRXMRBTC is going to match what I said about XMRUSDT. XMRBTC is on a flag where it hears a strong bull movement and now it has started taking profit. when we break this flag we will see btc losing over XMR.
DISCLAIMER: Please note that my studies portray my personal opinion only and should be considered for educational purposes only. They should not be considered as a recommendation to buy or sell an asset!
I am not responsible for any damages to your capital. Your capital is at risk in the equity market.
XMR short$XMR reached the resistance area formed by the upper boundary of a descending channel and the multi-month resistance level. Decline to lower boundary is likely to happen next.
💡Don't miss the great buy opportunity in XMRUSD @moneroTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (149.67).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 75.
Take Profits:
TP1= @ 169.36
TP2= @ 178.96
TP3= @ 187.00
TP4= @ 198.86
TP5= @ 213.18
SL= Break below S2
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💡Don't miss the great buy opportunity in XMRUSD @moneroTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (149.67).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 75.
Take Profits:
TP1= @ 169.36
TP2= @ 178.96
TP3= @ 187.00
TP4= @ 198.86
TP5= @ 213.18
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
XMR longThe symmetrical triangle on $XMR has broken to the upside. Bullish movement to resistance level at 178 is possible.
Bullish Divergence on Monero (XMR)Shown here on the 4HR Chart of Monero (XMR) you can see that the Momentum Oscillator (RSI) is signaling a medium/ weak bullish divergence. Now, remember, the RSI means general strength, not what the price is doing. So when the RSI is trending up and the price is at a standstill you can bet that the upside is coming. Hope this helps for a short-term trade!
Safe Trading,
-Pulkanator
XMRUSDT - LONGBased on technical factors there is a long position in :
XMRUSDT Monero
Score 2️⃣
🔵Long Now or set on Key Level 149.0
🟢Target 1 160.0
🟢Target 2 175.0
❌Stop loss 145.0
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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Monero XMR LONGCoin: Monero
Type of signal : Spot
Entry Price : 177$-210$
Price now : 200$
Goals:
Tp1 210$
Tp2 236$
Tp3 272$
Tp4 333$
Long-Term
400$-450-500$$
SL Daily Candle under 149$
XMR/BTC moving! short-term cup & handle - 0.0063 targethello and happy new year! I have a good feeling about 2022 for monero holders.
this is just a simple short-term idea I saw on the smaller charts. looks like a cup and handle that could take us to 0.0063 if we hold 0.005. cheers everyone.
I am not selling even if we hit this target.
XMR - My Trading Plan in 2 mins!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for XMR, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
XMR - Monero / BTC Showing Signs of Life - Part 2 (2nd Chart)Chart with the additional indicators from the previous post comments.
XMR - Monero / BTC Showing Signs of Life - Part 215/01/2022
XMR - BTC
Since the 2nd it did not follow the path I suggested, but it did retrace as I suggested back to he sweet spot between 23% and 38% fib.
On the fib, chose 0% because of the green TD support dots
The 7 and 8 TD counts hit a low of 0.004364 and 0.004347 respectively.
Then the no.2 TD on the 13th Jan ripped up to 0.005392 for a 23% gain from the low.
Today on the 3 count with another 3 hours to go, it could go up from here as it is still early in the count, a hammer candle is forming, but the price action is not deviating much which could indicate indecision.
It would be nice to see Monero cross up into the orange 0.005529 Bollinger Band, and crossing up into the red 0.005852 BB would be super!
Monero has crossed the green TD support level at 0.005190, and is staying above at this stage.
The next level of resistance is at the pink TD resistance dots at 0.005750.
If Monero continues to rise, it could top out at the ~0.005600 area, if it does not punch through the resistance.
MACD has crossed bullish.
SuperGuppy is looking positive
Squeeze Momentum is on the second bright green bar
Money flow has crossed negative, and showing red, but appears to be forming a higher low
PZO/VZO is showing as being overbought, but the volume line is above the price line and they are still in the lower orange zone, and have not entered the red zone as in the previous green TD 8 on the 1st January.
Lets see where Monero takes us. Privacy all the way!
XMR/BTC long-term resistance flipped support and double bottomAs you can see, the resistance levels of 2015/2016 have turned into support in 2021. Then, throughout all of 2021, it formed a huge double bottom right on that support. The higher the timeframe on these kinds of moves, the more accurate they turn out to be. Considering we had a big green daily candle yesterday, I'd say it's very likely that this was the bottom and we go up big time from here. As I mentioned in my other post, targets range from 67000 sats (~$300 - 350) all the way up to 500000 sats (~$2000 - 4000+ depending on where BTC is at that time). XMR is generally pretty stable so it should be an easy hodl. We're just waiting to see if the 4 year long downtrend finally reverses here. There's no guarantees, but if that trend finally reverses it's going to be wild.
My opinion about XMRU/SDT for the next few hours XMR
It's going to break the roof 😦
Xmr ↗️ skyrocket ↗️ FOF THE next few days
My opinion about XMRU/SDT for the next few hours XMRUSDT
For all of those whom inserting in XMRUSD , OPEN THE LINK ABOVE 👆👆👆
And remember me 😉
Monero Daily TA : 01.14.22 : $XMRPossible trend of Monero ... All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 14.Jan.22
⚠️(DYOR)
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Monero was a bitcoin killer, what now?On daily chart, BINANCE:XMRUSDT has been oscillating in range 170 - 345 so long time. This made many people to recede their fund.
Monero is the lagging crypto, perhaps.
So XMR has been accumulating too long to prepare for next wave. Because XMR is better than BTC in features. DYOR about XMR.
XMR might be at $1,800 if it can surge $350.
Let's wait and see.
Monero, BINANCE:BTCUSDT killer.