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XMRBTC

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.
XLong
by jariii
XMR/BTC following the fibs. Also macro bullishI expect XMR/BTC to touch the 0.618 fib at 0.004678btc within a couple of hours from now before bouncing and making a new high in a couple of days max. On the macro scale (the 1w) we can see that the resistance of 2015/2016 has flipped to support in 2021. We also have a huge double bottom that formed during the year 2021 and now a strong bounce. On the daily we can see that it has tested the 200d MA and rejected it. A retrace was to be expected here, but follow this fib and buy pretty much anything under 0.0048btc. First real target is at $315, after that it gets crazy and the sky is the limit. However insane it sounds, we could even see XMR at 0.05btc within a year, which would bring it over $4000 if Bitcoin is above $80k by that time.
XLong
by jariii
1
Monero / BTC Showing Signs of LifeHey every body. Happy New Year!! Hope you all had a great one! So from my last published idea, Monero did rise up from the ashes showing signs of life, which was great to see. So if any one out there bought at the recent low and sold at the high of 0.005331, that was nice 40% gain. On the 9th candle it did pull back. So let's see where it goes from here. There could be another 4 days of positive price action, which would be really nice to see.I am hoping to see it go to the 1.414 Fibonacci level of around 0.005877, then pull back, eventually to the 23% to 38% Fib level, and then head north again, slowly but surely as indicated in the path drwan on the chart. And in light of the weakness seen in BTC lately, this is a possibility. The 33 day and 88 day MA's will be crossing over in the next few days which will be another positive sign for Monero. Not shown on this chart, on the Daily, CMF (Money Flow) indicator is bullish and is on the positive side of the zero line, but appears to have peaked. On the weekly, CMF is still below the zero line, but is heading north still. Squeeze Momentum has had 7 days of strong bright green shoots. Ichimoku has flipped green and Tenkan has risen above the Kinjun line. And the lagging span is well above the cloud and the Tenkan Kinjun lines. Overall this is a positive for all supporters of this project, and those that believe strongly in privacy. Let me know what you think. Freedom or Death.
XLong
by kryptologic
Watch Monero in the Months AheadInteresting notes on Monero bottoming vs Bitcoin. There is a double bottom which features a higher low. On each bottom, the structure is similar. On first botttom, the time between the initial low, and the last low was 62 days. On the second bottom, the time between the initial low and the last low was 60 days. Also of note, if you zoom way out, these lows of 2021 are still higher than the lows of 2015. In the weeks ahead, let's see how Monero progresses. There is a path for 4 digit Monero in the months ahead. WEF Great Reset positioning for some.
XLong
by Procinctu
Monero/Bitcoin, is this accumulation?I'm an absolute noob, so no idea what I'm doing but wanted to play with the wyckoff schematic. From the tutorials: Springs or shakeouts usually occur late within a TR and allow the stock’s dominant players to make a definitive test of available supply before a markup campaign unfolds. A “spring” takes price below the low of the TR and then reverses to close within the TR; this action allows large interests to mislead the public about the future trend direction and to acquire additional shares at bargain prices. A terminal shakeout at the end of an accumulation TR is like a spring on steroids. Shakeouts may also occur once a price advance has started, with rapid downward movement intended to induce retail traders and investors in long positions to sell their shares to large operators. However, springs and terminal shakeouts are not required elements: Accumulation Schematic 1 depicts a spring, while Accumulation Schematic 2 shows a TR without a spring. Test—Large operators always test the market for supply throughout a TR (e.g., STs and springs) and at key points during a price advance. If considerable supply emerges on a test, the market is often not ready to be marked up. A spring is often followed by one or more tests; a successful test (indicating that further price increases will follow) typically makes a higher low on lesser volume. Again, no idea, I was just looking at the schematic and it reminded me of xmr/btc a bit.
X
by TraderT33
1
Can Monero / BTC Break Out?XMR-BTC Weekly Chart Monero BTC pair has been in a descending channel, and has not broken it since August 23rd 2021. Last week it closed with a green bullish hammer candle, and this week has started with a green bullish hammer candle as well, going sideways which could break the descending channel trend. This weeks candle has since turned red, but still in a slightly hammer formation. Another 2 days until this weekly candle closes so lets see what happens. If the yellow support line holds at 0.003766BTC, this could be very bullish for Monero. D7R Chaikin Money Flow The BTC flowing out of Monero is reversing and is heading back up to the zero line even though still red, could flip green soon. MACD MACD is reversing, Histogram going light red, and heading back to the zero line. Hopefully the blue MACD line will flip above the red Signal line, then this could be another bullish sign. NeoButane Price Zone and Volume Zone Oscillator The price and volume oscillator has flashed a green buy signal since September. It has reached a bottom in the purple area and has risen into the dark blue. If it continues north, this could be bullish for Monero. Let's see what happens.
XLong
by kryptologic
3
Monero XMRUSD - Cup and Handle + Rounding bottom +1000%- It is a right time to buy Monero, because of the cup and handle formation! - Target is 1:1 fib trend-based extension - in next leg up, so be prepared. - RSI is ready for a pump and once we reach all time high, we should accelerate in speed. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
BITFINEX:XMRUSDLong
by UnknownUnicorn2537518
5
privacy until no privacystill going through the elliot wave introduction so the count may be wrong however xmr future does not look bad. with quite a few delistings, good dev responsivness to attacks, often algorithm upgrades to avoid asic usage and most importantly transaction privacy. sadly xmr.to has gone, possibly they accomplished their mission ;). some might think it is harder to buy monero than a year ago but that is why decentralized exchanges are around and localmonero that does not want kyc. for the moment taproot is being signaled, in a couple of months mweb on ltc. once people figure mweb is not a such a good thing or maybe upon activation - xmr could have good additional fuel for value increase in xmr/btc ratio. this does not mean xmr will consolidate until then. at this moment on lower timeframes a good oscillator reload is happening with some bullish divergence. it is possible to see the price hit 0.01 in a couple of weeks an then perform a corrective abc wave possibly making cupnhandlelike pattern. upon value flow from ltc to xmr if it happens at all but expecting it, this should be visible on ltcbtc/xmrbtc pair chart.
by grepcat
XMRUSDT Technical Analysis⏳ Spot 💎 XMRUSDT has broken above the symmetrical triangle and it is still moving along the ascending channel. After the retest there is a high chance of trend continuation 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at Market or at 280.0 - 284.0 ☕️ TP1 295.0 🍺 TP2 308.0 🍻 TP3 322.0 🍾 TP4 333.0 🍷 TP5 350.0 🍸 TP6 🍹 TP7 🎁 TP8 🚫 SL 270.0 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
XLong
by Fibonacci-Signals
Monero XMRUSD - Weekly cup and handle!- It is a right time to buy Monero, because of the cup and handle formation! - Target is 1:1 fib trend-based extension - in next leg up, so be prepared. - RSI is ready for a pump and once we reach all time high, we should accelerate in speed. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
BITFINEX:XMRUSDLong
by UnknownUnicorn2537518
3