Hello, monerobrosThis is Ta based on
-Cycles
-history,
canals
-formations
fibonacciretracement and the potential what Monero can be get to.
Xmrusdsignals
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 $307.00.
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$XMR IS READY TO LUNCH 🚀💥Monroe has broken a long-term downtrend and Pulbeck has hit the broken level and is ready to move towards the price targets. In addition to this broken trend, it can be said that in the weekly timeframe, Elliott is at the beginning of his third wave, which can touch high targets in the long run.
I hope you find this analysis useful🌹
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XMRUSD Buy the pull-back for $590.Monero is seen very effectively on the Fibonacci Channel formation but since August 2020 has been trading within a Bullish Megaphone pattern.
The peaks have matched well with the Fib levels of the Channel with the current one being at 2.5.
Every peak is on the 1.618 Fib extension from the previous bottom.
Also every peak is made on or right after the LMACD forms a Bearish Cross.
Right now the LMACD has made a Bearish Cross. Assuming the low of this phase was made on April 23 (otherwise if a new low is made you'll have to readjust the Fib and calculate the extension from that point) and since the Higher Highs trend-line of the Bullish Megaphone was reached, XMRUSD is most likely on a peak. The pull-back should bring a new Higher High at around $590.
Most recent XMRUSD ideas:
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XMRUSD Time for accumulationPattern: Bullish Megaphone on 1D.
Signal: Buy on the MA50 as the RSI got rejected while the price hit the top of the Megaphone.
Target: 400.000 which is the top of the Megaphone and just below the 2.382 Fibonacci Channel extension.
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XMRUSD Buy SignalPattern: Bullish Megaphone on 1D.
Signal: Buy as the LMACD just formed a Bullish Cross (previously a sign of an upcoming rise within the Megaphone).
Target: 260.00 (just below the 1.5 Fibonacci extension).
Most recent XMRUSD signal:
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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
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XMRUSDt signal (LONG)Hello friends.
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Everything on the chart.
open pos: market
targets: 73 and ~79.5
after first target reached move ur stop to breakeven
stop: ~59.8 (depending of ur risk). ALWAYS follow ur RM .
Good luck
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Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Open to your questions or suggestions(PM to me).
XMRUSD signal (LONG)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
IDEA WITH GROWTH IS RELEVANT ONLY IF BTC WILL RISE, KEEP EYES ON BTC!!!
open pos: market
targets: 68.2 - 70 - 71.8
after first target reached move ur stop to breakeven
stop: under 64(depending of ur risk). ALWAYS follow ur RM .
Good luck
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Open to your questions or suggestions(PM to me).
XMRUSDt locally signal (SHORT)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and put 1 more sell limit on 66.4
targets: 61 - 59 - 56.5
after first target reached move ur stop to breakeven
stop: 69.1(depending of ur risk). ALWAYS follow ur RM .
Good luck
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Open to your questions or suggestions(PM to me).
XMRUSDt locally signal (LONG)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
targets: ~73$
stop: 49.5 (depending of ur risk). ALWAYS follow ur RM .
risk profit: 1 to 2.5
Good luck
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Open to your questions or suggestions(PM to me).
XMRUSDt AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
When breaking through and consolidating above 67, you can open a long with a target in the area of 73$ (9%)
scenario will be canceled if we exit the local channel down
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Also open to your questions or suggestions(PM to me).Will be glad earn some money for me and you.
XMRUSD Buy SignalPattern: Channel Down on 1W.
Signal: Bullish as the Lower High trend line broke. If it fails to get detached from the 1D MA200, then expect a 1 month consolidation first.
Target: 95.000.
Will Monero respect this Channel?Pattern: Channel Up on 1W.
Signal: Bullish on the 57.000 Support and the Channel's estimated Higher Low.
Target: 77.000 (the 1W Resistance level).
