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Xmrusd

XMRUSD-monero coin head and shoulder+rising channelXMRUSD After reaching the 100.00 level the price got rejected and formed a head and shoulder pattern has formed. 98.415 is a major resistance level for the bull Right shoulder was formed on September 01 and felled up to 74.400 level which is a low volume area and bounced back. And formed series of HH HL HH HL in rising channel. As we see the bull has losing its strength. Currently the price is trading above 50,100,200 exponential moving average. And Ichimoku cloud is acting as support for the minor bullish run. At the time of writing this idea minor bearish engulfing candle is forming at 4 hr timeframe It has reached the minor trend line which will support the minor upward moment until 98.400.From this level we can sell this crypto and the subsequent targets will be 90.000 comes with 50% Fibonacci and 81.000 comes with 78.6% Fibonacci retracement level. And the swing target will be 74.00. Stop lose may placed above the 100.00 level This will give as a 1:12 risk reward ratio Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas
BITFINEX:XMRUSDShort
by forexorbit
XMR looks to breakout 110+ usd - a breakout expecting!Depending on new chart study looks that the privacy coin Monero (XMR) About to breakout above 110+ I did follow the trend of Monero, and have seen also by BTC down trend, it was stable, and it was looking for new breakout. depending on my expecting its possible the xmr will breakout above 110+ soon. The update are not an advice, do always your study before enter any market. Have good time all(: For more updates follow Thank you
XLong
by Protixder
1
XMRUSD: Local prospect (17/09/2020)On D1, the price rose above the Ichimoku cloud, which is directed downwards. Also, earlier was found the support at the level of 61.8% by Fibonacci. In general, the downward movement from August 21 to September 5 can be identified as a correction. The upward impulse is well seen on H4, which may be the first impulse for the continuation of medium-term growth. RSI is in an indefinite state, which indicates a possible start of a local downward price correction. We recommend buying when the RSI reaches the oversold level on H4.
BITFINEX:XMRUSD
by QubitLife
4
XMR/BTC (Testing Major Resistance)BINANCE: XMRBTC -Monero still on an uptrend as the price recovers back above 8200 sat -It is now testing major resistance area since July 2019 -Last August 21, it had a failed breakout and many Bulls got stopped out -We need to be more cautious this time as the market is still not stable -XMR needs to hold above 8300 for a couple of days to avoid fakeouts -If we can see acceptance above the resistance area -The chances we will see upside continuation will increase -The targets are up to 10k sat or higher ^Trading involves High Risk ^Not Financial Advice ^Please exercise Risk Management **If you like my daily Published Ideas **Please don't forget to leave a thumbs up & comment **Thank you! :)
X
by PolarHusk
23
XMRUSD weekly: XABCD BEARS 50%+ correction(SL/TP)(NEW) Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Premium content -not just random lines on the chart -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates XMRUSD weekly: XABCD BEARS 50%+ correction(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagges as SHORTbecause I expect more short-term losses and mid-term losses(BEARS). 🔸 Summary and potential trade setup ::: XRMUSD weekly chart review/outlook ::: BEARS XABCD setup in progress ::: already topped out at 886 point D ::: 50%+ correction pending ::: short sell any rips/bounces ::: going a lot lower next few months ::: TP BEARS 30/34 ::: SWING TRADE SETUP ::: recommended strategy: SHORT RIPS/BOUNCES ::: alternative strategy: SHORT AT MARKET ::: TP bears is 50%+ gains ::: good luck traders! 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment mid-term: BEARS/DUMP ::: Sentiment outlook short-term: BEARS
BITFINEX:XMRUSDShort
by ProjectSyndicate
2
monero long resistance to resistanceath volume on binance for xmr, building up steadily for a year+ - doesn't appear parabolic yet for exhaustion on at least large tf hugging 100 level above and below at times today and - sign of resistance weakness 100 level was touched 4+ times on yearly broke both 2020-2 and 2019-8 highs today on volume for year ath, unbroken is the 2019-6 this completed forming the year wide double bottom & broke through ascending triangle with break on volume measured move for triangle is roughly at that unbroken level measured move for double bottom is beyond that level so seems higher prob level is inside blue channel bull div on daily rsi macd might cross (matters if people watch) HH & HL Not sure how it will react to Bitcoin moves, it handled well recently similar to Eth 3rd most developed coin today without centralizing premines and other unethical practices afterward likely will backtest this level, midlevel, or yearly pivot since overall crypto market is now in bull season i will only be taking long positions or staying out the weakness of the level suggests even if doesn't break today should be back at it in weeks-months, but 4+ touches/breaks seems like a lot already
XLong
by spacetrader
5