XMR bounce of channel supportExpecting a bounce of channel support as bullish divergences have printed. Target is the former range support at 199.
XMRUSDT
$XMR - Price entered Bullish Breaker - Will Act as support *SMT* My Last XMR Signal did not go as well. However, I believe I found where I went wrong and will be able to correct it with this signal.
*SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
So we have a long term Low High Lower-Lower formation in the upward movement of the price action of the chart. The high candle is the the Breaker. This is part of Smart money theory that's hard to explain without giving a video. But the price at this point should not get lower than the last up candle between 170 and 175. My entrance was 175.50. Stop loss is 169 and aiming bullish for the inverse ofr the 62% around 194.50. Then it might return lower, I'm not sure. But I think this Breaker Will hold and cause a short bullish run at least.
Closer up of the the chart
After it completes the run, The I have a feeling it will have another decent fall into the imbalance belowe the currrent support as seen pictured here:
Lastly, if the price stays near where it is, it is in confluence with the exit of the trade as there is a bearish order block right at the price near 194-195
As for now. I'll be on top of this trade and keep it updated as much as I can. I'm only trading 3 cryptos right now, BTC,ETH, and XMR. We'll see if I'm right this time.
SKILLING:XMRUSD
GATEIO:XMRUSDT
#XMR - Remins Bullish Aiming for Equal HighsI entered around 190, BY THE timr I posted this it was already 194. In tough timers, look to monero to get you out from under. I've been scalping BTC and ETH. bUT Longing Monero aklways at thje right time. Started with a $100 account for fun in futures, nit at $449 in 2 wees.
Now, a larger time frame it did get rejected zt bearish order block (Chart in messae) fahard but rebounded even harder. There's Natural iquidity sitting above the doyble eual highs. That.s where U believe you can take A BULK of you positino off and continue to see where the trade is headed.
HTF CHART
I don't think ETH amd BTC have hit their lows yet, But Monero will be the one to watch as it continues to climb.
Monero can Decrease Or Increase Depending on a Reaction from 170MXR (Monero) was in a Big Rising Wedge pattern. The Pattern Was going to Decrease the Price and It Did! The Price is gonna Decrease to the Bottom of the Pattern But For Now The Price shall fall to 170$ 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
MONEROXMR/USDT i see this Rising Wedge Pattern is just broke and i take SHORT POSITION
Entry - 194
TP - 150
SL - 209
Getting close to XMR sell zoneI think XMR has one more leg up to touch this backside sell zone and bounce. Watching closely.
XMRUSDT (MONERO) Daily TA : 05.26.22If you're in profit you can close 50% of your position and just leave the rest of it for more gain . If price can break this resistance the nexty target will be $ 265 .
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 05.26.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
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!)
Monero (XMR) - May 23hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
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.)
---------------------------------
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.
XMR - dead cat bounce ?Monero loosing momentum and getting into a H4 downtrend + 232 level flipping resistance
Invalidation is large as volatility could be high next week : reduce half position at 245 // close at 260
TP on next horizontal levels : 179 & 138
Cheers
No such things as a privacy coin lol this ones gonna pull a LunaStrong sell this Target is $1.50. Not financial advice
This chart looks like its gonna go negative... You will end up owing money for holding this shenanigans coin. Think you can hide from the government lol. Citadel aka the Government hit squad gonna make an example out of this,
XMRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for XMRUSDT
Clearly, the price is fluctuating on the long-term support line and if it moves over this line and fluctuates there, then it will have a proper rise upward to the resistance line. But in case it moves below the support line, it faces more fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
No such thing as a privacy coin lol this ones gonna pull a LunaTo Zero, Strong sell this Target is $1.50. Not financial advice
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
$XMR 1HR Range$XMR performing well against the market today, but looks to be ranging after seeing resistance at former highs. RSI following the same range, with MACD looking to roll over to bear momentum for now.
Has performed substantially well all things considered.
I personally hold $XMR long term, just want to disclose that whenever I look at a coin I hold.
long MONERO$XMR is bouncing off the support level. Bullish movement to the resistance level at 243$ is likely to happen.
