XMR/USDT BUY SIGNALTrendline got rejected, price is about the 200 Moving Average. This still confirms the validity of an uptrend. Lets go Monero...
Xmr
XMRBTC recoveredDropped below key support, xmr looked doomed. Bullish divs on the 12H saved it, creating a fakeout which will surely send xmrbtc further up. entry at the support retest. I think xmrbtc bottomed and people are moving their BTC and alts into xmr and zec for private transfers.
Monero XRMMonero
In the pair against the dollar, we see an ascending channel . A breakout of the resistance of 172$ is possible very soon. It is very important to look at the pair and Bitcoin , we are on ATH point. A rebound with volumes will be a signal to enter the market with the potential to break this downtrend channel upwards.
XMR wallet
82e7Kudh1kWUtukgfFVCYuG8Zjctgh6d7hT7VorhEo6pUFCe4qYpUHeaZuPQLDepWPH86fd7ydwhh7YPBEAqLaMT12mXoB8
Best regards EXCAVO
$XMR Back test of almost 800 day resistance $XMRBTCBack test of almost 800 day resistance.
Confirming now as support.
Follow the fibs on the way up.
The pump before the pump is done. Next one will pierce the stratosphere. Free parking on the moon. Monero citidel bound.
Surveillance state will be tracking all $BTC wallets. Worse circumstances for individual sovereignty than before bitcoin. You will now be tracked and traced by FinCen cradle to grave. Escape the state. Fundamentals at ALL TIME HIGH for privacy.
Time to roll. Load up the necessities and get the hell out of dodge.
XMRUSDT completed Gartley move | Upto 11% expectedHi friends hope you are well and welcome to the new update on the Monero coin.
On the 4-hour chart, the price action of XMR coin has completed the final leg of bullish Gartley and entered in potential reversal zone.
Buying and sell ranges:
The buying zone starts from 0.618 to 0.786 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of the potential reversal zone at 0.786 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 11%, and the loss possibility is 3%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
💡Don't miss the great buy opportunity in XMRUSDT Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (136.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 153.5
TP2= @ 161.3
TP3= @ 170.1
TP4= @ 182.4
TP5= @ 202.0
SL= Break below S2
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💡Don't miss the great buy opportunity in XMRUSDT Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (136.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 153.5
TP2= @ 161.3
TP3= @ 170.1
TP4= @ 182.4
TP5= @ 202.0
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 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 Bullish Price ActionAfter a massive decline in value a couple of days ago, XMR is showing strong bullish price action today and yesterday.
After the sell-off, the price hovered around the lower support line of the channel.
Today the price managed to beat the $145 resistance, the recent top since the decline. Beating this resistance has in my eyes opened path towards former values of $160+.
I've marked two resistances (R1 and R2) on the chart where I expect some bearish pressure, be careful around those areas. Do your own DD & happy trading!
XMRUSDT - Accumulation phase 🔼XMRUSDT is testing the parabolic support as shown in my previous position.
RSI is printing a bullish divergence signal.
Price has been consolidating rectangular pattern ( accumulation phase ) at the support level.
Buy entry ⬆️ - breakout above the rectangular pattern resistance.
Target 🎯 - resistance levels.
Setup invalidation ❌ - breakdown below the rectangular pattern support.
XMRUSD monero Swingtrade!Monero has an old solid ASIC-resistant decentralized mining network, and Circulating Supply in 17,804,568 XMR!
Great potential for capitalization.
XMRBTC dropXMR usd pair has done really well, but the BTC pair now looks in trouble. Weekly bullish engulfing candle with rejection of the RSI trendline. A fall under support of 6384 will send to 5230 followed by 4000.
XMRUSDT - Daily analysis XMRUSDT has been supported by a parabolic trendline since mid - March.
RSI is printing a bearish divergence signal.
Price is testing the parabolic support.
Bullish ⬆️ - Bounce off the parabolic support.
Bearish ⬇️ - breakdown below the parabolic support.
✳️Monero/USDT Analysis (3/1) #XMR $XMRXMR is heading to 160$ zone after a strong dump from 170$ to 130$. What we need to be aware of is that yesterday's 1D candle volume is stronger than previous strong dump and closes above the MA50, which is a sign of strong buying pressure at 130$ zone.
We need to watch 160$ zone because I think it will breakout and move up to 220$ zone
However, if the XMR loses this 125$ area, it will fall back to 110$ to retest the MA200, where there will be some recovery, but I think the situation will be pretty bad for the future.
📅NEWS
15-1 : Bittrex Global Delisting
📈BUY
-Buy close to : 125-130$. SL if B
-Buy : 160-165$ if A. SL if B
📉SELL
-Sell: 220-230$. SL if A
♻️BACK-UP
-Sell: 125-130$ if B, SL if A
-Buy : 105-110$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
MONERO (XMR) Completing 55% Profit Potential MoveOn the daily chart, the price action of Monero (XMR) is completing the final leg of bullish Shark and soon it will be entered in the potential reversal zone. There is also 200 SMA support in the PRZ level. However, on breaking down the 100 simple moving average the pattern will be confirmed.
Buying And Sell Targets:
The buying and sell targets as per the Fibonacci sequence of the Shark pattern should be:
Potential reversal or buying zone: $114.44 to $100.81
Fibonacci projection or sell zone: $127.74 to $156.53
Stop Loss:
The potential reversal zone area that is up to $100.81 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 55% and as per the above-mentioned stop loss, the loss possibility is 12%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
XMR 3D Coin anonymity beckons to itMonero is one of the few old-school crypto coins that has not yet made a solid correction in almost a year of growth.
For completeness of the picture, the history of the coin price movement for the last 3 years was schematically added.
In fact, XMR attracts users through its anonymity. Especially, users from the Asian region, because according to Coinmarketcap, about 20% of XMR's trade turnover is concentrated on the HBTC crypto exchange.
The remaining 80% of the trading volume is scattered across over 100 crypto exchanges. For example, on the largest exchange Binance, only 3.5-4% of the total XMR turnover. Even with this example, the Pareto principle worked out interestingly.
Also, interest in XMR was fueled by a hard fork that was in mid-October. As a result of the XMR hard fork , the speed of transactions when compressing information has increased, as well as the level of user anonymity.
The rise of the BTC value, as well as increased regulatory control in the crypto industry, will also drive demand for the anonymous Monero. And increased demand could push the XMR price to $205.
However, do not forget about the correction that the technical analysis requires.
If it starts at the current price level, then the XMR value could drop to $80.
And one more thing, do not forget about the rule: "The higher you rise, the harder you fall."
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XMR-4h. The price moves up to $175.Confidence, anonymity and anarchy are the concepts that characterize XMR .
The voltage of the whole crypto world does not affect this coin at all. Keeping the bottom trend line on December 21, buyers continued their clear growth trend. It seems that she was chosen to hedge losses. It is the last two 4-hour candles that have abnormally high volumes. This nature of the price movement should end with a test of $175.
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