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Monero / Euro

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XMREUR trade ideas

💡 Don't miss the great buy opportunity in Monero/EuroTrading suggestion: . There is a possibility of temporary retracement to suggested support line (120.70). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Monero/Euro XMR/EUR 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 66. Take Profits: TP1= @ 144.70 TP2= @ 169.00 TP3= @ 195.20 TP4= @ 236.30 TP5= @ 305.15 TP6= @ 367.95 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 do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
15
💡 Don't miss the great buy opportunity in Monero/EuroTrading suggestion: . There is a possibility of temporary retracement to suggested support line (120.70). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Monero/Euro (XMR/EUR) 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 66. Take Profits: TP1= @ 144.70 TP2= @ 169.00 TP3= @ 195.20 TP4= @ 236.30 TP5= @ 305.15 TP5= @ 367.95 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 do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
14
XMREURLet's try to set up another trade. Last time Monero was fighting to get above 88.50 level was in November 2017, when it broke out after 2 months sideway movement between 70.00 and 88.00. After the initial break just over 88.50, it retraced back to 38.2% Fib level and then shoot back. if also in this case history will repeat, I expect Monero to come back to 85.00 level and then rally. Many resistance factors are around this level: 1. long term support/resistance (blue line) 2. 38.2% Fib level of last drop from 126.00 3. 61.8% Fib extension level Trade setup: - entry at 85.10 - stop loss initially at 75.25 (bellow previous low, will be raised later) - target 1 at 99.00 - target 2 at 113.00 - final target between 126.00 and 132.00 (will be defined later) Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Long
by rludvik
XMREUR - channelsI canceled the last trade a little bit too soon. If I would step into, I'd reach target 1 at 118 (7% gain). But OK, let's try another one. There is uptrend channel forming on 4H chart and point of interest would be on intersection of bottom of this channel and the middle of the bigger downtrend channel (marked green). I'll wait for waters to clear up before set up a final trade. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;) Daily chart:
Long
by rludvik
There is a possibility for the beginning of an uptrend in XMREURTechnical analysis: . MONERO/EURO 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 47. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (109 to 91). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (109) Ending of entry zone (91) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 126.00 TP2= @ 146.00 TP3= @ 181.00 TP4= @ 243.00 TP5= @ 295.00 TP6= @ 350.00 TP7= @ 420.00 TP8= Free
Long
by ForecastCity
There is possibility for the beginning of an uptrend in XMREURTechnical analysis: . MONERO/EURO 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 47. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (109 to 91). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (109) Ending of entry zone (91) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 126.00 TP2= @ 146.00 TP3= @ 181.00 TP4= @ 243.00 TP5= @ 295.00 TP6= @ 350.00 TP7= @ 420.00 TP8= Free
Long
by ForecastCity
2