Triangle pattern might be happend for XMR/USDTBINANCE:XMRUSDT
xmr 4.7 % dump might be happend soon
follow if you interested
Xmrusd
Monero XMRUSDT - Bull flagThis is complete market structure on 4h chart. But if you take a look at weekly candles, there is a big shooting star / topping tail candle, which is of course a bad sign. Blue trend line should be defended for smooth continuation of the trend to the upside.
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💡XMRUSD Second Chance: Profit=449% SL=20% Reward/Risk > 22.5:1Second Chance Trade Setup summary:
Profit targets = 449% = {TP5= 20% + TP6= 37% + TP7= 67% + TP8= 128% + TP9= 197%}
Stop Loss = 20%
Reward/Risk > 22.5 : 1
New Trading suggestion:
". There is still a possibility of temporary retracement to suggested support line (100.50) again.
if so, traders can set orders based on Price Action and expect to reach short-term targets."
New Take Profits:
TP5= @ 120.95
TP6= @ 137.95
TP7= @ 168.70
TP8= @ 230.10
TP9= @ 298.90
TP10= Free
SL= Break below 96.50
--------------------------------------------------------------------------------------------------
Current Status of First Buy:
Total Profit: 573%
Closed trade(s): 138% Profit
Open trade(s): 435% Profit
Trade Setup:
We opened 10 BUY trade(s) @ 68.20 based on 'previous Forecast' at 07.09.2020:
Closed Profit:
TP3 @ 82.15 touched at 28.07.2020 with 20% Profit.
TP4 @ 96.50 touched at 06.08.2020 with 41% Profit.
TP5 @ 120.95 touched at 11.10.2020 with 77% Profit.
20% + 41% + 77% = 138%
Open Profit:
Open trade is 128.10(current price) - 68.20(open price) = 87%
5 trade(s) still open, therefore total profit for open trade(s) is 87% x 5 = 435%
Technical analysis:
. XMRUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
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💡XMRUSD Second Chance: Profit=449% SL=20% Reward/Risk > 22.5:1Second Chance Trade Setup summary:
Profit targets = 449% = {TP5= 20% + TP6= 37% + TP7= 67% + TP8= 128% + TP9= 197%}
Stop Loss = 20%
Reward/Risk > 22.5 : 1
New Trading suggestion:
". There is still a possibility of temporary retracement to suggested support line (100.50) again.
if so, traders can set orders based on Price Action and expect to reach short-term targets."
New Take Profits:
TP5= @ 120.95
TP6= @ 137.95
TP7= @ 168.70
TP8= @ 230.10
TP9= @ 298.90
TP10= Free
SL= Break below 96.50
--------------------------------------------------------------------------------------------------
Current Status of First Buy:
Total Profit: 573%
Closed trade(s): 138% Profit
Open trade(s): 435% Profit
Trade Setup:
We opened 10 BUY trade(s) @ 68.20 based on 'previous Forecast' at 07.09.2020:
Closed Profit:
TP3 @ 82.15 touched at 28.07.2020 with 20% Profit.
TP4 @ 96.50 touched at 06.08.2020 with 41% Profit.
TP5 @ 120.95 touched at 11.10.2020 with 77% Profit.
20% + 41% + 77% = 138%
Open Profit:
Open trade is 128.10(current price) - 68.20(open price) = 87%
5 trade(s) still open, therefore total profit for open trade(s) is 87% x 5 = 435%
Technical analysis:
. XMRUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
❤️ 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 breaking down - Good Short Opportunity XMR broke the ascending channel and may retrace till .786 FIB level. Look for retest of downwards channel before entering into the position.
Monero to $133.Monero - Short term
We look to Sell at 133.4 (stop at 136.1)
147.4 has been pivotal.
Bespoke resistance is located at 134.0.
We look to sell rallies.
The RSI is trending lower. Our outlook is bearish.
Our profit targets will be 124.8 and 118.4
Resistance: 126.0 / 129.0 / 133.0
Support: 124.0 / 121.0 / 117.5
What about Monero? Huge gains or just another doomed altcoin?On this weekly log chart you can see XMR is now at a crucial point in it's next market cycle.
The red down arrow shows the current point XMR is at compared to the last bull cycle shown by the purple down arrow. As you can see they are at similar points when you compare them on the chart as well as on the LMACD where it rose above the level of 0.095 on the weekly chart and stayed above it till the next ATH.
On the RSI you can see where the lime green line is that if the RSI holds above this level it maintains it's bullish momentum upwards. Will it be the same from where XMR is currently till the next ATH?
The Fibonacci Retracement indicator shows that at the 0.618 level @ $96.52 there was resistance and now XMR has broken above it and heading up to the previous high of $132.27 where XMR should see some resistance again before heading up to the small lime green line @ $157 where some heavier resistance should be met.
XMR also broke above the thick red line @ $105 which had held as resistance since July 2019. The next major resistance is at the next red horizontal line @ $224 as well as the $200 level.
On the daily chart shown below you can see on the LMACD that the 0.095 on the daily time frame shows that XMR can be shorted when it hits this mark and you will make a profit every time if you know when to close the trade and not be greedy. On the RSI it also shows that when it hits 80 it is also a good time to short XMR.
So, XMR should hit the lime green line @ $157 and then retrace back to the red horizontal line @ $105 which should roughly be in line with the RSI and LMACD shorting opportunities when they hit their marks as indicated above on the daily time frame. This pullback should hit the weekly MA 21 or EMA 34 before then moving further up towards the next major red line @ $224.
As a long term stab in the complete dark, XMR may hit 30k if bull run takes till Dec 2023 to peak or 16.5k if the peak is Dec 2022. As it is one of the only true privacy coins going around I can't see XMR going anywhere as it is a useful tool for certain purposes.
Happy trading legends!
HTBB
ZCASH on 🔥Huobi 🔥 Fire Cannon UP!Z Cash is pumping with all the privacy coins and will have a halving event in the next couple of months. I recommended to buy here and then sell before resistance at around 80.
RSI is looking bullish and xmr is also along with many other privacy coins going up.
Load your bag this one looks good
XMR vs USD ---SHORT--- 07.10.20#XMRUSDT
Type: SHORT
Sell at: 112 - 110
SIZE: 3% from deposit
Target:
1) 97
2) 86
3) 76
SL: above 122
XMR/BTC (Break Resistance?)💎Technical Analysis Summary💎
BINANCE: XMRBTC
-Monero coin is testing recent top resistance
-It is facing a struggle to break the trendline resistance
-This rising wedge is Bearish if the support breaks down
-If you are looking to short this market
-Wait for a break of the channel and enter on the momentum
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
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XMR.3D. Will it cost $40 in mid 2021?Old Monero was one of the last to shoot.
Be careful, after the mark $105, sales have started.
Of course, the price may continue to grow to $120 by inertia.
However, a sharp fall is possible from the current range.
Chart-experiment lasting 9 months)
If you support us with likes and comments, it will stay in the top. In the middle of 2021, we can check if Monero will cost $40.
XMR/BTC (New Daily Higher High?)💎Technical Analysis Summary💎
BINANCE: XMRBTC
-Monero breakout and confirmed new Higher High
-After a long period of consolidation
-This is a strong signal of a potential trend change
-It would be healthy if we can see a Resistance flip to support
-A good pullback and another leg up is a Bullish new trend
-The next upside target is 0.0116
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Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
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