XMR/USDT BUY SIGNALTrendline got rejected, price is about the 200 Moving Average. This still confirms the validity of an uptrend. Lets go Monero...
XMRUSDT
XMRUSDT completed Gartley move | Upto 11% expectedHi friends hope you are well and welcome to the new update on the Monero coin.
On the 4-hour chart, the price action of XMR coin has completed the final leg of bullish Gartley and entered in potential reversal zone.
Buying and sell ranges:
The buying zone starts from 0.618 to 0.786 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of the potential reversal zone at 0.786 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 11%, and the loss possibility is 3%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
>$150 USD after 6 days (2°pt) Read the previous idea.Here I show you more detail because monero will break the price of $150 USD.
Please read the above idea to see how other indicators say the same thing.
XMR > $150 USD in 6 days.Monero will exceed the price of $150 in 6 days accumulate and open Long operations.
I am seeing that previous patterns are being repeated which point to a price boom.
This is in addition to the fact that if bitcoin rises the other cryptos rise by a maximum of 10%.
💡Don't miss the great buy opportunity in XMRUSDT Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (136.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 153.5
TP2= @ 161.3
TP3= @ 170.1
TP4= @ 182.4
TP5= @ 202.0
SL= Break below S2
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💡Don't miss the great buy opportunity in XMRUSDT Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (136.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 153.5
TP2= @ 161.3
TP3= @ 170.1
TP4= @ 182.4
TP5= @ 202.0
SL= Break below S2
❤️ 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 ❤️
XMRUSDT - Accumulation phase 🔼XMRUSDT is testing the parabolic support as shown in my previous position.
RSI is printing a bullish divergence signal.
Price has been consolidating rectangular pattern ( accumulation phase ) at the support level.
Buy entry ⬆️ - breakout above the rectangular pattern resistance.
Target 🎯 - resistance levels.
Setup invalidation ❌ - breakdown below the rectangular pattern support.
XMRUSDT - Daily analysis XMRUSDT has been supported by a parabolic trendline since mid - March.
RSI is printing a bearish divergence signal.
Price is testing the parabolic support.
Bullish ⬆️ - Bounce off the parabolic support.
Bearish ⬇️ - breakdown below the parabolic support.
✳️Monero/USDT Analysis (3/1) #XMR $XMRXMR is heading to 160$ zone after a strong dump from 170$ to 130$. What we need to be aware of is that yesterday's 1D candle volume is stronger than previous strong dump and closes above the MA50, which is a sign of strong buying pressure at 130$ zone.
We need to watch 160$ zone because I think it will breakout and move up to 220$ zone
However, if the XMR loses this 125$ area, it will fall back to 110$ to retest the MA200, where there will be some recovery, but I think the situation will be pretty bad for the future.
📅NEWS
15-1 : Bittrex Global Delisting
📈BUY
-Buy close to : 125-130$. SL if B
-Buy : 160-165$ if A. SL if B
📉SELL
-Sell: 220-230$. SL if A
♻️BACK-UP
-Sell: 125-130$ if B, SL if A
-Buy : 105-110$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
MONERO (XMR) Completing 55% Profit Potential MoveOn the daily chart, the price action of Monero (XMR) is completing the final leg of bullish Shark and soon it will be entered in the potential reversal zone. There is also 200 SMA support in the PRZ level. However, on breaking down the 100 simple moving average the pattern will be confirmed.
Buying And Sell Targets:
The buying and sell targets as per the Fibonacci sequence of the Shark pattern should be:
Potential reversal or buying zone: $114.44 to $100.81
Fibonacci projection or sell zone: $127.74 to $156.53
Stop Loss:
The potential reversal zone area that is up to $100.81 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 55% and as per the above-mentioned stop loss, the loss possibility is 12%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
XMR 3D Coin anonymity beckons to itMonero is one of the few old-school crypto coins that has not yet made a solid correction in almost a year of growth.
For completeness of the picture, the history of the coin price movement for the last 3 years was schematically added.
In fact, XMR attracts users through its anonymity. Especially, users from the Asian region, because according to Coinmarketcap, about 20% of XMR's trade turnover is concentrated on the HBTC crypto exchange.
The remaining 80% of the trading volume is scattered across over 100 crypto exchanges. For example, on the largest exchange Binance, only 3.5-4% of the total XMR turnover. Even with this example, the Pareto principle worked out interestingly.
Also, interest in XMR was fueled by a hard fork that was in mid-October. As a result of the XMR hard fork , the speed of transactions when compressing information has increased, as well as the level of user anonymity.
The rise of the BTC value, as well as increased regulatory control in the crypto industry, will also drive demand for the anonymous Monero. And increased demand could push the XMR price to $205.
However, do not forget about the correction that the technical analysis requires.
If it starts at the current price level, then the XMR value could drop to $80.
And one more thing, do not forget about the rule: "The higher you rise, the harder you fall."
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XMR-4h. The price moves up to $175.Confidence, anonymity and anarchy are the concepts that characterize XMR .
The voltage of the whole crypto world does not affect this coin at all. Keeping the bottom trend line on December 21, buyers continued their clear growth trend. It seems that she was chosen to hedge losses. It is the last two 4-hour candles that have abnormally high volumes. This nature of the price movement should end with a test of $175.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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XMR-4h. Are buyers ready for the test of $175?The relatively independent XMR coin, which has repeatedly shown its character and continued to grow during the BTC correction, found itself in an interesting situation.
From November 26, the price of HMR clearly moved within the white growth channel , well predicting the next local high.
However, on December 21, buyers began to be careless with the maintenance of the trend line, as a result, the price repeatedly went beyond it.
The last two attempts to test the upper trend line of the white channel on December 23 and 27 were unsuccessfu l.
In t he range of $165-170 there was a strong seller, which effectively restrained the growth of the price of XMR. Thus, a triangle was formed, which is more likely to shoot up.
The critical point of this scenario is $156. After breaking this mark, sellers will quickly test $144. What can happen next - we will definitely write when this alternative scenario comes into force.
_________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
XMRBTC Head and Shoulders Trading SetupPrice is making head and shoulders on 1 hour time frame
Buy the breakout above 0.0067 satoshi
Monero - Daily UpdateBottom Line: Higher against 60.40 in a developing third wave at larger degree.
Key Levels: Below 60.40, 74.01, 86.59, 116.55 Above 135.08, 162.42
Outlook: Against 74.01, Monero should continue higher within a larger degree third wave advance.
Analysis: Yesterday's comments still apply: "Monero is little changed, although the 109.69 low has stayed intact. We next want to see impulsive trading above 128.52 to both confirm the end of the wave ((4)) correction and to set up a break of the wave ((3)) high at 139.73."
XMRUSDT completing Gartley | A good long opportunity aheadOn the small time period 1 hour chart , the price action of Monero (XMR) is completing final leg of Gartley and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of Gartley formation should be as below:
Potential reversal or buying zone: $154.74 to $154
Fibonacci projection or sell zone: $155.32 to $156.73
Stop Loss:
The potential reversal zone area that is up to $154 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 1.70% and as per the above-mentioned stop loss, the loss possibility is 0.48%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.