XMRBTC trade ideas
$XMR, Trying to recovery from recent bottom in a W shaped patte$XMR / $BTC Trying to recovery from recent bottom in a W shaped pattern
UCTS buy signal on the 6H targeting as 1st target the .0088 sats
MACD trying to bullcross as action tries to flip resistance into support at .0081 sats.
More volume is needed if we aim for continuation
#XMR
XMRBTC - 1day: Monero is warming upMonero > cross the first green line and the road is open to 0.01.
XMRBTC - 30m: one leg up + correction?A bounce with one more leg up to the top. Followed by a correction?
XMRBTC 4Hour- QRsi + HeffaeCloudPlay by play, from left-to-right
Price dumps to QRsi - 10 levels
Consolidation at -7 to -10
Volatility Gap on escape candle from -7 consolidation pattern
First trend resistance is a big rejection
Second Trend interaction crosses now as support
Price re-tests this breakout R2S trend while making a lower low, completing
BULL DIVS on the QRsi
Price breaks the last 4H trend acting as resistance in this consolidation pattern, which is also the bottom of 4H Cloud
Once price escapes 4H cloud, I expect minimum 7.9% increase to next QRsi trend.
***Confirm levels with other timeframes***
$XMR, Wait for the recovery....update on $XMR, previous post was a great opportunity to enter into Monero (currently 15% up since the massive sell candle/volume.
If you didn't get into it yet, waiting a break/flip over resistance at .0089sats looks like a great second entry for a ride back to .01 levels
#XMR
XMR Broke the trend lineAfter experiencing a bottom line, XMR has been increasing the negociation volume and had a successful break above the trend line, following the patterns it may reach the target forming an inverted H&S.
#XMRBTC Current movement:
XMR Move above fib 0.236 Weekly Support for more than 5 weeks, There is no strong reaction from this support after all that time has passed in contrast XMR USDT grew about +100%
Max dips:
If XMR fail to rebound from current support and breakdown it next dips will be
0.0075
0.0059
0.0042
Best Buy zones:
0.010 has good P/L
0.0065
0.0045
Recovery levels:
If XMR rebounded and breakout current downtrend with a break for this resistance at 0.015 we will see XMR starting a real recovery cycle !!
Current Action:
we will setup trade from current support with risk about 10% with reward more than 40%
Buy: 0.10100000 - 0.09090000
Target 1: 0.11110000
Target 2: 0.12120000
Target 3: 0.14140000
Target 4: 0.18180000
Target 5: HOLD for Max profit
Stoploss: 0.08635500
Invest: 3%
Risk/Reward: 10% / HOLD
Ps:
If XMR breakdown we will wait for price action from these levels we mentioned as best buy zone to trade it again
we ask Allah reconcile and repay
$XMR Over 30% down in 2days... reached a new ATH volume by FAR .$XMR Over 30% down in 2days... reached a new ATH volume by FAR ....
Is there any negative news on the project? If not this kind of drops looks like a good buying opportunity...
#XMR
XMR - Key Levels to watch this year.Privacy - thats whats missing in BTC - second layer solutions for privacy transactions are still to come.
While we see more and more blacklisted BTC adresses, goverment regulations, taxations etc.
XMR and GRIN are coins to watch following years.
If BTC FOMO stays strong and Dominance keeps going up, we can see XMR go down to next key level.
Best strategy is to buy partially and watch BTC.D index.