MONERO (XMR) For anyone buggin' about not hittin' that lick...As you can see from my hourly Monero TA (if you can excuse all the insanity, this is my most looked at and edited chart), we are at the very low end of the RSI spectrum, coupled with a very steep drop from our cataclysmic rise several days ago. This is a PERFECT long position to be in for anyone like myself who just did a beautiful short/long flip in my futures.
Weeeeeeeeeee.
♠️🤫🐿
Xmrusd
XMR/USDT : Breaking below the channel !BINANCE:XMRUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$XMR has formed an ascending channel and now it's breaking below the formed channel.
Based on the current volatility of the market; We might have more false break-out or rejections!
So in that term, I just marked an S/R line on $245, Which is going to give us the Short trigger after a close below and we can have our Short on the proper retest of mentioned line.
I would adjust a secondary for those who trying to have passive trades :
Trading setup :
🔻 Entry Pointes : $250 - $255 - $260
📍Targets : $241 - $233 - $217 - $206 - $190
🟥 Overall stop-loss : $285
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Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
In the end, "All the pieces go back in the box."This is an off the cuff video that has me discussing a very important trading mantra that I came up with years ago. I still repeat this phrase to myself a few times on a daily basis, while trading.
I feel as though the compartmentalization of your "real" life and your trading life need to be put in place. Otherwise, not only will you make consistent mistakes due to aggravation, you will end up completely losing your mooby-flippin' dome after a while, kid.
♠️🐿🤫
XMR going strong💪Monero broke up this triangle📐 and I think there is chance for run to 372 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback. Notice how price action respects the Fibbonaci extension applied to initial impulse. 0.618 already broken, 1 just tested. Next hurdle will be 1.272 and finally the 1.618 which corresponds with the triangle target. Easy breezy, beautiful.
ENTRY : local high @ 282
STOPLOSS (SL) : local low @ 248.9
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 372
REWARD RISK RATIO (RRR) : 4.3
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
💡Don't miss the great buy opportunity in XMRUSD @moneroTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (226.7).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 249.9
TP2= @ 264.9
TP3= @ 276.6
TP4= @ 293.5
TP5= @ 309.9
SL= Break below S2
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Now, It's your turn!
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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 (226.7).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 249.9
TP2= @ 264.9
TP3= @ 276.6
TP4= @ 293.5
TP5= @ 309.9
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 (Monero) Swing Long Update +66% #MONERO #XMRSince our first call of $XMR back in March, we are currently up 66% in profits and we have hit our 2nd target! XMR is currently not following the rest of the crypto market having its own little bull run.
Nice weather up here! (MONERO/XMR) This is just a thank you to everyone who has been following me the last couple months through this Monero breakout... 🍾
We could definitely see a drop to retest 275 or even lower, however the overall positive trend since the end of Feb is bullish all around.
Definitely a bit of a celebration for me with how much passion I have for Monero, privacy tokens, and personal liberty in general. 🎉
♠️🤫🐿
XMRUSD: Bulls Will Push
Here is our today's forecast on XMRUSD.
Our analysis is based on purely technical outlook.
According to our chart XMRUSD is trading within a demand zone.
Based on our analysis the price will accumulate
to the next resistance level.
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Monero (XMR) back into the rainbow 🌈Monero still showing bullish signs. I wouldn't expect another all-out pump, albeit we can never be sure.
However, what I'm personally expecting as of now, is for Monero to bounce around inside this rainbow of parallel channels that I created way back during the big dip on the 2/24/22.
As long as Monero continues within this rainbow (which it has been doing now for almost 2 solid months), we are in good shape.
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Golden Pocket Retracement to $380 for Monero! 🚀🚀🚀Hey Traders,
As you can see, the Weekly Candles of XMR (Xonero) reveal a Falling Wedge pattern via the bodies. After a large downtrend, the 0.618 level from the peak to the trough is the most common retracement zone (AKA the Golden Pocket). The price breakout out of the falling wedge is also set near $400 (based on the first impulse-up move within the pattern). The ABCDE Elliot wave is not that accurate so it is just for show... Tp at $380
Another reason why XMR recently pumped is that an exchange had someone's balance on paper, not actually in reserves. So someone with a very large amount needed to withdraw so the exchange bought the XMR all at once in order for the person to move it. This was a coordinated move by the Monero community to test the exchange's reserves which ultimately proved correct.
Safe Trading,
-Pulkanator
Monero XMR inverted head and shouldersMonero is showing another head and shoulders formation in the chart -- she's looking towards the sky...
"Sir.... we were cleared for style="color:#FFFF00">take off over an f'ing week ago, standing by at mandatory hold M-69-420 awaiting departure clearance." ... 🛫
🤞🏼 - 🙏
♠️🤫🐿
Update For XMR/USD Analysis 📈📉Hello traders ,
In the past analysis that I posted for Monero , it was almost successful and finally reached my target and even a little went beyond.(🎯~ 340%💰)
so now!
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📊Technical
As you can see on weekly timeframe for XMR/USD , since reaching its major resistance zone ,it has been declining and correcting
so far . but after 6 bullish candle it reached the pivot zone , so today according to bar pattern we are witnessing a new attempt to attack higher price and even reach previous ATH , if only if it be able to maintain the current pivot zone , then it can continue its uptrend . but otherwise it can drop on lower supports.
🛑resistance level: $258 -268///$486-536
🆚pivot zone: $217- 226$
❇️support levels: $120-130///$60-100///ascending trendline
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
XMR LONGThe XMR is upwards and after reaching the resistance, it has a fall
If the number of followers reaches 100 this week, I will put pure analysis every day.
Follow fractal_analysis98
Monero breakout! (XMR) poised for a run!I realize that it is floppy Friday, (...and tax day for us stupid Americans) .
However, Monero has been continually making positive moves throughout this entire last bearish 10-14 days we've had with BTC and the rest of the crypto-verse.
I have been following Monero more closely than any other coin/token/currency that I chart.
I've been mining XMR using cheap CPUs since 2018, and have been heavily invested since fall of 2017.
I personally just sold all of my Ethereum and threw it into XMR. if anything... I'd be on the lookout
♠️🤫🐿
XMRUSD More rise ahead or pull-back to lows?Monero (XMRUSD) has been very strong since the February 25 Double Bottom as it almost reached the early January High. In doing so, it broke above the Lower Highs trend-line of the May 07 All Time High (ATH) and the 1D MA200 (orange trend-line). It is possible that within this month, it will form a 1D Golden Cross (when the 1D MA50 (blue) crosses above the 1D MA200).
The last time the price broke above such a long-term Lower Highs trend-line and formed a 1D Golden Cross after, was in early 2019 when Monero and the whole market was starting to recover from the 2018 Bear Cycle. The difference is that in 2019 it peaked just below the 0.5 Fibonacci retracement level after forming the Golden Cross, while now it has already come very close to the 0.5 Fib without having formed the Golden Cross. The question is, are we too soon or too late on the fractal?
The RSI on the 1W time-frame seems to support that we are too soon and there is still room to rise, despite having almost reached the 0.5 Fib already. Basically it looks quite a lot like the Golden Cross of May 2020, when the market was recovering from the March COVID flash crash. In both cases, the price always tested the 1D MA50 before rising any further and that is what we are expecting to happen here before a new rally to the 0.618 Fib at $307.00.
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Monero (XMR) insanely undervalued!Throughout the last 7 weeks since the beginning of the geo-political turmoil, XMR has continued a steady, albeit slow, predictable rise through all manner of chop coming from BTC and ETH.
You can even see large parabolic downshifts in which -within a matter of hours, or a couple days- Monero returns to the exact same trend, as if nothing had ever taken place.
I am currently working on a video about this overall positive Monero trend going on; with that being said, Monero is incredibly undervalued right now.
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