Xmr Looks Promising Here Xmrusdt
Love the way xmr ignoring btc movement
Attempting breakout incase of successful breakout I am expecting 80-100% bullish wave
XMRUSDT
Xmr Building Up for Massive Breakout Seems Like Getting ready for Massive Breakout formed Descending Channel In 3 days Timeframe Incase Of Breakout Expecting 180 to 200% bullish Wave
Update about XMR position Two short area expected
For epected two pattern shark and bat .
1st short at 163.30
SL @ 169.10
2nd ahort area @ 166.11
SL @169.10
🎯 TARGET @ 127.79
MY TRADE SETUP 2% RISK FOR EACH POSITION YOU HAVE TO MENTAIN THE LEVERAGE BASED ON THAT.
Short XMRPotential bat pattern with tight stop loss target bat 0.886
To minimize your risk your stop above red order block if touched pattern will converted to shark .
Mentain your stop loss its risky trade
XMR IS BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the XMR symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
XMR/USDTmonero project is active in developments and just recently Monero nodes have exceeded the number of Bitcoin nodes, this is a very bullish sign
#Monero Bulls Fail To Break $165, Sellers in ControlPast Performance of Monero
Monero bulls are struggling at spot rates. Even with the broader market expanding, XMR remains pinned in a bear formation. Presently, resistance is at HKEX:165 , and the coin remains in a bearish shape defined by the bears of early February to mid-March 2023. As it is, support lies at the middle BB, that is, the 20-day moving average, and around $158.
#Monero Technical Analysis
The path of least resistance from a top-down preview is southwards. Notably, sellers throughout February to mid-March capped the upside. Resistance is at HKEX:165 , while support is $158. The middle BB also serves as a vital reaction line. However, the March 27 bear bar defines the current formation. Although prices floated higher, they couldn’t break HKEX:165 and reverse the losses of March 27. Therefore, conservative traders can watch how prices react at $150. Losses below this level may see XMR drop to HKEX:130 since sellers are in control from an effort versus result perspective.
What to Expect from #XMR?
Unless there is a sharp, high volume break above HKEX:165 , reversing March 27 losses, sellers will be in control. They will be aligning with sellers in February 2023. Currently, immediate support lines are at HKEX:158 and HKEX:150 , respectively.
Resistance level to watch out for: HKEX:165
Support levels to watch out for: HKEX:158 , HKEX:150
Disclaimer: Opinions expressed are not investment advice. Do your research.
XMR - Potential reversal in priceMonero has been heavily underperforming BTC for a long time, this means you are taking more risk holding XMR than if you are holding BTC
however, I see XMR is beginning to enter a super bullish state, with a maximum TPI value of 1:
This could mean that we could see a nice trend to the upside:
#Monero Adds 20% In March But Fails To Break $165Past Performance of Monero
Monero prices are firm, adding roughly 20% from March 2023 lows. At spot rates, prices are lower but tracking higher even though it is defined by the bear bar of March 27. On the upside, XMR has resistance at $165 while support lies at $150, marking the bearish engulfing bar's low.
#Monero Technical Analysis
From an effort versus result perspective, the wide-ranging bearish engulfing bar of March 27 might be important. For the uptrend to resume, there must be a close above $165, confirming buyers for the better part of March. Notice that the anchor bar has relatively high trading volumes and is wide-ranging. It is still defining the current price action. Worse, for buyers, recent volumes have been shrinking. As it is, as prices move inside a wedge, triggers will lie at $165 and $150, respectively. Gains above March highs might see the coin soar to January highs of $185 in a buy trend continuation formation.
What to Expect from #XMR?
XMR traders expect a recovery. However, their calls are being slowed by prices which are moving sideways inside a bear bar. Monero bulls could be rejuvenated once there are strong gains above the current wedge inside an engulfing candlestick.
Resistance level to watch out for: $165
Support level to watch out for: $150
Disclaimer: Opinions expressed are not investment advice. Do your research.
xmrusd 16h bullish xabcd 75% gains buy/hold🔸Speculative bullish xabcd setup in Monero on 16 hour price chart. Advanced pattern setup,
since point C and D still require confirmation. Do not execute the trade at market now,
expecting pullback in April and then be ready to reload near point D below market price.
🔸The xabcd pattern is defined by point X at 126 usd, point A at 181 usd, point b at 139 usd,
point C at 173 usd and finally point D at 112 usd. This is an advanced pattern setup,
so naturally higher risk involved in trading it, so always do your own due dill and confirm
with other indicators / price action techniques.
🔸The recommended strategy for Monero bulls: Seek to buy low near point d after the pullback
is complete. best entry price near 114/116 usd and target is +75% gains. this is a buy/hold
swing trade setup so please do not expect miracle overnight gains. good luck!
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
A bullish Cypher Harmonic Pattern in XMRI see a simple cypher harmonic pattern in Monro. I specified the stop loss.
xmr have a bullish qmHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the XMR symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#Monero Crashes After Spinning Tops Formation, Resistance At $16Past Performance of Monero
Monero is under pressure, dropping five percent in the last trading day. From the daily chart, XMR is reacting strongly from last week’s highs at around $165. After a spinning tops formation, the coin retraced yesterday, printing a bearish engulfing pattern, signaling weakness. Based on this, there could be a confirmation today, heaping more pressure on the coin.
#Monero Technical Analysis
After a spinning tops formation, XMR is down at spot rates. It looks likely for bears to flow back, pushing the coin deeper in red. Therefore, since yesterday’s bar was bearish and engulfing, traders might look for entries on every attempt higher towards $165. The immediate target would be $145 and later March lows at $130 if bears press on. On a more optimistic outlook, the trend will resume should prices break above $165, reversing recent losses with expanding participation levels. In that case, XMR may float to January highs at around $180.
Past Performance of #XMR
Asset prices are under pressure across the board, and XMR is no exception. From the daily chart, buyers will flow back if there is a breakout above the spinning tops of the end of last week with rising volumes. If not, bears of yesterday may force the coin lower this week.
Resistance level to watch out for: $165
Support level to watch out for: $145
Disclaimer: Opinions expressed are not investment advice. Do your research.
XMRUSDT - testing an important levelHello everyone. According to XMRUSDT, the picture is more joyful than for the rest of the coins. They formed the bottom for a long time, about a month. And after that, we finally broke through level 155. At the moment, the whole market has gone down, but there are good chances to test the level and go further to 167. We put the stop at 153.5.
XMR/USDT$XMR
Green triangle just broke out above, if you look at the blue lines, it is a descening channel which is a bullish reversal pattern, first target is around the resistance of the channel, I have a feeling that its going to continue to pump and flip the descending channel very easily! Overall I am bullish on monero because as concerns about privacy grow, this privacy-focused coin is becoming more important than ever. With solid technology, transactions that can't be tracked, and a dedicated dev team, #Monero is ready to reach new all time highs
Get ready to reach the $5k mark!
XMR/USDT 1DAY UPDATE BY CRYPTO SANDERS !Hello, welcome to this XMR/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Monero (XMR) has been one of today’s biggest gainers, with prices climbing to a four-week high.
Following a low of $152.16 on Thursday, XMR/USD raced to a peak of $163.10 earlier in the day.
As a result of the move, XMR climbed to its strongest point since February 20, when the token reached a peak of $168.70.
Looking at the chart, the move came as monero rose beyond a key resistance level at the $155.00 mark.
Earlier momentum has somewhat eased, which comes as the 14-day relative strength index (RSI) collided with a ceiling at 58.00
At the time of writing, the index is tracking at 58.84, with XMR marginally lower than its earlier high. It is now trading at $160.65.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Monero Weekly View - March 2023Hello Guys, Weekly Analysis is on the MATICUSDT Symbol in a 1H Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
XMR long potentialForked with pivot at 09-03-2020 according to the existing data, Median Line tested, meaning the fork is valid, i've used the line to measure the exact move. Expecting the Median Line to push the price up, Breaker to be tested at 388, with FVG level.
We might see ATH in the upcoming months.
NFA