Monero can Decrease Or Increase Depending on a Reaction from 170MXR (Monero) was in a Big Rising Wedge pattern. The Pattern Was going to Decrease the Price and It Did! The Price is gonna Decrease to the Bottom of the Pattern But For Now The Price shall fall to 170$ and after that We shall see What is gonna Happen. Two Scenarios Can Accrue! One is that the Price would Continue To Decrease and It would reach 155$ and another Scenario is that the Price would Start to Increase from there and Get Back to the top of the Pattern. We shall wait and See What is gonna Happen.
-MXR was in a Rising wedge pattern
-It's already Broken by the Price
-The Price shall fall to 170$
-if it would Continue to decrease 155$ is the Target
-If it doesn't Price will Increase
-In a Few days we can Come to a Conclusion.
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Thank you for seeing idea .
Have a nice day and Good luck
Xmrusd
MONEROXMR/USDT i see this Rising Wedge Pattern is just broke and i take SHORT POSITION
Entry - 194
TP - 150
SL - 209
XMR - LONGHey Guys, I opened a long position and see a possible entry above the green box if you want to open a long too. I take my first profit on the next resistance you see on the chart. But please be careful because of BTC.
NO FINANCIAL ADVICE | DYOR | HAPPY TRADING
Reverse Head and Shoulders for MoneroA little reverse head a shoulders action for Monero... (jeez, I come back stateside and the whole neighborhood is gone. It's going to be okay everybody!)
XMR - have still difficulties in being bearishXMR has violated support on the 185 - 189 USD level.
However it reclamed that level very rapidely.
MONERO has formed a beautiful cup & handle pattern on the USD pair.
Difficult to be bearish - despite present market conditions.
Monero (XMR) - May 23hello?
Traders, welcome.
By "following", you can always get new information quickly.
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Have a nice day.
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(XMRUSDT 1W Chart)
Resistance: around 218.2
Support: 125-156
It is important to be able to walk sideways in the 156-218.2 section.
125.0 and below are likely to enter the mid- to long-term investment area.
(1D chart)
Primary resistance: around 190.0
Secondary resistance: around 218.2
1st support: 156.0-170.6
2nd support: around 125.0
If it fails to move above 190.0, we should see if there is support above 170.6.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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XMRUSDT$ midterm
$ short Position
$ The probability of success is high
$ Open your position after getting confirmation
(Please confirm and enter to enter the transaction and note that this is not a trading offer)
XMR/USDTIn this market situations, it is a huge risk to making trades. However, if you are one of the risk lovers there is a trade option. Do not trade before 4h close above the enter price.
XMRUSDT decision zone hi guys
if we brake the resistance and close 4h candle above we are bullish
and if not we have to wait
XMRUSDT TREND LINE ANALYSISNice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
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It retest after breaking the upward trend.
If the retest is successful, it will go down.
XMRUSD ❕ trend lineMonero continues to hold the uptrend line.
Volatility has declined.
The price is above the liquidity zone.
I expect XMR to fix above the support level and then continue to rise.
Market Cycles | XMR as an example Hi guys! Please, support this idea and click the LIKE button. Thank you!
You can't just copy & paste the previous cycle and expect the same % return, because trends can't keep the same angle
As the market cap of an asset grows, it becomes harder to move the asset since more capital is required. That’s why in the first cycle we see the wildest uptrends & steepest corrections.
In 2014 Monero (XMR) had a downtrend of -64°
Next Cycle -64° turns into -41° as XMR gains more capital & participants
Now we're in the 3rd downtrend and it's even less aggressive - only -18° (and I expect it to take more time to reach the bottom)
I also like the math: 64-41=23
Every next downtrend is less steep by 23°
41-23=18° - perfectly matches the 3rd downtrend we're currently in
Same math can be applied to the uptrends. So we can expect the next Uptrend have 25° of steepness (it will take several years to reach an ATH)
What does all this mean?
Well, probably you should look for opportunities to participate in the first cycles.
Forget about old coins (since they also lose in technology to new projects and become less relevant) and pay attention to the new ones. Accumulate them after the downtrend 1 and multiply your capital during the following uptrend.
If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss updates
The information given is never financial advice. Always do your own research
xmrusdScenario Sales When the price reaches resistance, we enter the sales position after confirmation
XMR Monero LongXMRUSDT had consolidation on H1 TF, After that price had breakdown to liquidate buyers. buyers are already dead now it's time for a little uptrend to kill shorters from previous consolidation. Approximately it is $250-255.
XMRUSD Gravestone Doji AnalysisViewing the Gravestone Doji that has previously formed on the middle band and the candle that followed we can make some assumptions based on the current gravestone doji
As the current Gravestone Doji is at the upper band we can assume a dump to the middle band (comparable to the previous drop)
Gravestone Doji's are considered very bearish
This is the Monthly timeframe
XMRUSD ❕ triangleMonero shows itself stronger than the market.
Volumes and volatility are decreasing.
I expect that the price movement will form a triangle and after fixing above the upper boundary I will be ready to buy XMR.
great entry on XMR - channel intact since February great for short or long term IMO. $220-230 XMR is a steal and we will see $250 soon for a short term target, but with xmr/btc looking strong, I think we will see great long-term numbers for EOY and next year, too.
Keep stackin' momos :)
Breakout failedUnable to break out, fell back in the downward channel.
If $200 breaks watch out below
XMR one of the hottest coins nowDue to its privacy characteristics, XMR Monero is one of the hottest cryptocurrencies to own right now.
I expect the support to hold a from which it can bounce to the $287 resistance.
Looking forward to read your opinion about it.
XMRUSD ❕ over liquidity levelMonero continued to move in a downward channel as expected.
50MA and 100MA formed a death cross on the 4H Timeframe.
The buyout of the channel breakout happened on higher volumes.
Price is above the liquidity level.
I expect a small consolidation with consolidation above the support level, and after reaching the resistance level.
King is Coming Back...👑Monroe has broken a long-term trend in its weekly chart and is recording a pullback to it. If the upward trend of the downtrend is stabilized and reversed, good growth is expected.
I hope you find this analysis useful🌹
Follow for more...
#DYOR
XMR/USD Main trend (part). A cup with a handle is formingThis idea is just an update of the previous closed trading ideas of the main trend (to understand what is happening) and the secondary trend (to work) for 2020. I updated, so to speak, after reaching the goals of 480.18 Linear chart specifically to remove "market noise" (squeezes).
The main trend (part). A cup with a handle is forming. The cup with the base of almost 1000%. After reaching the level of $480 a pullback (formation of a classic TA handle to this huge cup) takes place.
It is rational to enter the market on a breakdown or pullback after the breakdown of the descending secondary trend (purple), which is also a resistance of the handle to the cup. Another option is to dial in portions from the support level zones by martingale, on a reversal on the underlying can also be on the breakdown of the pyramid. In very hard times for very fat wallets will show great profits in the moment...
It's worth recalling that the monero (XMR) refers to "anonymous cryptocurrency" in the crypto community. Remember where the founder of this cryptocurrency rested for a long period of time and where he is now. Therefore, we can put a point on anonymity (large amounts).
I am sure in connection with recent events in the world and the destruction of the finances of Russian oligarchs and not only this cryptocurrency will be actively used in 2022.
The liquidity is not comparable to BTC and ETH, so the price can significantly swing at a moment's notice by the cornered.
My previous trading idea for this cryptocurrency:
XMR/USDT Main Trend (long term)
From and to. 118.666 - 480.18
XMR/USDT Local work. Channel. Pivot area
