Monero XMRUSD Suprise Price ActionThe news reads "Monero Shoots Up 10%"
Price action on the chart is forming a retrace to the major Psychological level of 150.
For Monero to resume it Bull Ride, we need to see consolidation forming aroun this 150 level before a stronger move up.
PRICE ACTION
Retrace Target intra Day to around 152.50
Consolidation Zone for longer term trading 149-152, will re-assess when we get there.
Xmrusd
Monero XMRUSD Crypto JackingMicrosot's company’s intelligence team said a group called BISMUTH hit government targets in France and Vietnam with monero (XMR, -0.42%) mining trojans this summer.
BISMUTH is leveraging cryptocurrency miners to stay under the radar and establish persistence in targeted networks. BISMUTH is running increasingly complex cyber espionage attacks as early as 2012, using both custom and open-source tooling to target large multinational corporations, governments, financial services, educational institutions, and human and civil rights organizations.
Monero price is up 3.65% in the last 24 hours.
Resistance Levels Ahead
147.55
149.09
Psychological level of 150 needs to be strongly broken for the longer term bull trend to take hold.
Monero🔥Hello, friends! Just wanna remaind You my previous chart!👇🏻
Are we at the very begining? For me looks like that!🧡
Monero looks awesome) Are You wanna Buy it?
Just look, that the price breakout green zone for the first time since 2017.
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Always sincere with You🧡
Your Rocket Bomb 🚀💣
Monero XMRUSDT - The most bullish altcoin in December- Monero is definitely the most bullish altcoin in High-Cap category
- We can see Head and Shoulders, cap and handle or Ascending triangle on the daily chart
- The coin is currently breaking out the previous swing high established in October
- 280 is the next target and we can reach all time high next year in 2021
- Monero is one of the best coins, that will survive long term
If you want more of these ideas, hit the like button and follow me, so you don't miss any update!
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MONERO XMRUSD Price Action Monero network tansactions have continued to increase since the November. MR has also historically had more transactions per day than ZEC, GRIN, or PIVX, but fewer than DASH.
Fundamentals show active and continued incremental XMR network upgrades over the past two years, including decreased transaction costs, improved transaction efficiency, blockchain pruning, improved privacy, and improved custody solutions.
SHORT TERM LEVEL
Next intra day resistance at 143.75
LONG TERM LEVEL
The cryptocurrency is down 72% from the all-time high of nearly $500, established in December 2017. All eyes over the next year are on the heavy resistance zone of US$150 based on yearly pivots , and psychological round numbers.
Good Swing Trading Opportunity for XMR USDTAs we can see from the chart we are seeing perfect example for symmetric triangle. We can expect to see a breakout either upward or downward. Most likely the breakout will be upward since we are on a bull run.
Wait for the breakout to enter the trade, to be safe you can wait for breakout and retrace for entering the trade.
I will share the entry and target once we see the breakout.
Follows us for more swing trading and other crypto ideas.
Thanks
XMR - Monero ready to make new highs?Monero looks interesting here. Crushed multi-year resistance month ago, retested it this month, and currently trying to overcome $150 level to soar to $200+ after.
I'm spot long and waiting for it to gain a foothold above $200 to open a leverage position.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
✳️Monero/USDT (20/11) View + Trading Plan #XMR $XMRXMR has risen very strongly since September and is in the correction phase. But it looks like XMR will continue to climb further to the 150-160$ zone in December. However, XMR needs to conquer the 125$ zone, and that will be the moment we buy XMR.
If the XMR fails to rise to that zone, we will buy at lower price zones.
📈BUY- LONG
-Buy: 100-102$, SL if B
-Buy:: 125-127$ if B, SL if B
📉SELL-SHORT
-Sell: 134-136$, SL if A
-Sell: 154-156$, SL if A
♻️BACK-UP
-Sell close to 100-102$ if B, SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
XMRUSDT(Falling Wedge)XMR/USDT currently trading at $120
LONG Entry Level:$ 117 to 120
STOP LOSS ( support): Below $112
Resistance Level 1 : $138
Resistance Level 2: $153
Resistance LEvel 3: $300
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
XMR broke out of falling wedgeETH broke out as well, xrp going up, but BTC.d going up, either Trandingview is fudging the data or there is something wrong with their system.
XMR/USDT (3rd Retest of Support)💎Technical Analysis Summary💎
BINANCE: XMRUSDT
-Monero is back at a key area of support for the 3rd time
-This is technically not good in terms of Bullish price action
-The support becomes weaker the more it gets tested
-If you are holding XRM, please be cautious
-But if you are looking for a Selling opportunity
-Wait for the support breakdown before entering a short position
-Next strong support is around 95 dollars
A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉
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Not Financial Advice 💸
Please Exercise Risk Management 💱
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Monero short opportunity.Monero - Intraday - We look to Sell a break
Short term MACD has turned negative.
Posted a Double Top formation.
Our outlook is bearish.
Trading has been mixed and volatile.
Daily signals are mildly bullish.
We look for a temporary move lower.
EMA's 200 and 50 are about to give a sell signal.
Our profit targets will be 108.52 and 104.20
Resistance: 118.50 / 120.00 / 125.00
Support: 115.00 / 110.00 / 104.00
XMR Sell a Break setup.Monero - Intraday - We look to Sell a break of 113.88 (stop at 116.10)
Short term MACD has turned negative.
Posted a Double Top formation.
Our outlook is bearish.
Trading has been mixed and volatile.
Daily signals are mildly bullish.
We look for a temporary move lower.
Our profit targets will be 108.52 and 104.20
Resistance: 118.50 / 120.00 / 125.00
Support: 115.00 / 110.00 / 104.00