💡Don't miss the great buy opportunity in XMRBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00967). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XMRBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 62.
Take Profits:
TP1= @ 0.01050
TP2= @ 0.01107
TP3= @ 0.01179
TP4= @ 0.01250
TP5= @ 0.01400
SL= Break below S3
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XMRBTC trade ideas
XMRBTC BreakoutSeems like XMRBTC may go up after breaking out through the previous highs. Higher lows can indicate a new trend.
✳️Monero/BTC (20-10) #XMR $XMR #XMRBTCXMR is currently having a strong resistance zone at 0.011 BTC and I don't think it will stop here, but will continue to cross this zone to rise to 0.014 BTC and 0.018 BTC.
However, we shall wait for it to break out of the 0.011 BTC zone before buying.
The closest support zone we can buy is 0.0085-0.009 BTC
XMR Long Ideaprice action looks like a diamond accumulation pattern
low time frame consolidation below pivot monthly resistance is bullish; confirmation = hold above red level
XMRBTC - H1 - Still bullishXMR BTC inside a nice triangle
As long as the support holds we can expect a break to the upside in the coming days (use a stop loss if it breaks down). Note that bitcoin has also to stay quite stable.
We need to break the cloud in h1
TP @ 0.0125
MACD turning green on H1
XMR/BTC - Roaring 20's Five Wave ImpulsePotential uptrend beginning versus Bitcoin.
If you are looking to add a position, I'd personally wave until this wave 1-2 completes so you aren't buying during green candles (i.e. Exposure to higher levels of risk).
I don't know if Monero will make a higher high this cycle versus Bitcoin, but if it did, I'd look at the 1.618+ Fib Levels as potential tops for the 5th-Wave. We've seen Monero make a higher low on higher timeframes versus Bitcoin. Time will tell whether its a higher high this cycle.
Monero Not Losing Any Energy So FarMonero BITFINEX:XMRBTC started its current bull trend against #Bitcoin early September 2020 and it still looks very strong.
I'm a firm believer of entering a trade only with fresh signals and just accepting missing one when it's already followed its course. So I don't recommend an entry at this point.
But those who have bet their money earlier should definitely stay in this trend for a while before it shows weakness. It still has a huge potential.
I marked possible Take Profit levels and my current Stop Loss on the chart.
Let the profits flow! :)
DISCLAIMER : Please note that my trading approach is trend following . I don't try to make predictions. I don't try to catch the bottom or the top. I don't try to be right. I try to be agile and flexible enough to join the right side before it's too late. Please also note that I'm a swing trader using daily charts .
Entry and exit signals are not universal in trading. They should be determined according to the trading method used. If your trading approach and my trading approach don't match, please do NOT consider them relevant for your own purposes.
Monero Higher Non-Stop (Next Target Mapped)XMRBTC (Monero) has been growing strong since we started tracking it this year mid-September...
Here you can see the chart:
There you can find all the long-term targets.
Now, let's look at XMRBTC as it stands today.
We are seeing strong bullish action with a new resistance level being taken out.
Monerao can continue growing repeating an inverse fractal of what happened on the last bearish wave.
Prices could consolidate sideways before another jump.
Conditions for change
This would all be invalidated if prices close below the "support" line...
This is the main bullish scenario we are looking at.
Thanks a lot for your support.
Namaste.
This rising wedge is Bearish if the support breaks downXMR not hold rising wedge....
Note:- This only for education purpose.
XMR/BTC (Break Resistance?)💎Technical Analysis Summary💎
BINANCE: XMRBTC
-Monero coin is testing recent top resistance
-It is facing a struggle to break the trendline resistance
-This rising wedge is Bearish if the support breaks down
-If you are looking to short this market
-Wait for a break of the channel and enter on the momentum
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
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XMR.BTC and USDT (Y20.P4.E1).Looking for the cradle setupHi All,
Stalking this one on the 4 hrly chart.
a) support lines are clear; note support and resistance lines;
b) EMA\MA are clear; in order;
c) Fib levels are clear; 2 levels as per chart; If 2 are aligned, even better;
d) Confluence on the MACD on different time frames; price action is in tune with the indicator: no bearish divergence;
e) Smaller time frame, trend intact;
So what are we waiting for, a bullish setup, 1) a bullish candle 2) 4 hrly candle to close 3) has confluence with a minimum of 2 items from the above point 4) look at the smaller time frame to see a reversal pattern of some sort
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XMR.USDT is similar on the 4 HRLY.
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Please give me a like or tick for this post.
Regards,
S.SAri
(z.chart)
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CPR perspective, support
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Overview. XMR.BTC
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Overview. XMR.USDT
XMR/BTC (New Daily Higher High?)💎Technical Analysis Summary💎
BINANCE: XMRBTC
-Monero breakout and confirmed new Higher High
-After a long period of consolidation
-This is a strong signal of a potential trend change
-It would be healthy if we can see a Resistance flip to support
-A good pullback and another leg up is a Bullish new trend
-The next upside target is 0.0116
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