XMRUSD BitfinexMA-18 is up. An ascending triangle is forming and a close above $68.50 would confirm this model with a target of $85
XMRPERP trade ideas
XMR USD Not too much price movement with Monero over the last couple months. making me think its getting ready for something big.
We have a wedge where price has been consolidating for weeks and we see both higher lows and higher highs.
The RSI is in a good position to go bullish
Some good increases in volume but it can bet better
we need to see a break upward and passing the the heavy $75 resistance will mean things are getting really bullish with XMR
what are your thoughts on XMR. let me know down below!!
THIS IS NOT FINANCIAL ADVICE
Monero- Ascending channel with good volumeHello,
I see a great and strong movement from monero that we can see in the next days-weeks.
Thanks!
Regards,
XMRUSD seems ready to take off in a big way!Last week I wrote about the broke out in XMRBTC. Today I sighted the break out in XMRUSD. EMA are all trending higher implyign sustainability in this move up. It has broken the resistance level that has capped this pair since Mar 2020. This break up only signified a greater move. When you compressed the chart to see the longer timeframe, I cant help but get excited about the long term prospect of this pair.
Looks technically viable to trade beyond 100. Enter at current market 70.85 for 96 with stop loss at 59.50
Monero breakout or rejectionHas reached the top of the descending channel after a false breakdown and retest of the $62 level. However price in a descending triangle. but price penetrated the weekly ichimoku cloud and RSI has room to rise.
If price move below $60, it is bearish.
XMR This is starting to show signs of life!This literally has been really stable for a while. The fact that it is holding above the 200 Day EMA is encouraging. As the trading range got squeezed tighter and tigher, it has now starting to show signs of trading higher. the 8D EMA has cut above the 13D EMA. In addition, it has also broke above the downward trendline as depicted above. The break up above 65.00 only meant nore upside is in the pipeline with a target towards 130 in the middle term!
P/S Invest at your own risk! Do your homework!
Monero: Analysis using Ichimoku 17/06/2020H4
At D1, the cloud is directing upward, indicating an uptrend. On H4, the cloud is directing downward, indicating the formation of a correction for D1.
Conclusion:
We recommend buying when the RSI reaches an oversold level on the H4.
H1
At H4, the cloud is directing downward, indicating a downtrend. At H1, the cloud is directing upward, indicating the formation of a correction for H1.
Conclusion:
We recommend selling when the RSI reaches an overbought level on H1.
Good luck!
XMRUSD 4D: strong chart / best level to BUY 100% gainsWhy get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
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-24/7 uptime so constant updates
XMRUSD 4D: strong chart / best level to BUY 100% gains
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT cause I expect short-term losses
before reversal from my level.
🔸 Summary and potential trade setup
::: XMRUSD 4D chart review
::: strong chart upside possible
::: HOWEVER wait for crypto correction
::: 15%-30% pullback in major coins soon
::: BUY later at discount price
::: details see chart
::: discount level near 50/52
::: BUY/HOLD setup from that level
::: TP bulls 100 90-100% gains
::: recommended strategy: BUY/HOLD
::: swing trade setup do not
::: expect fast gains
::: setup for patient traders only
::: good luck traders
🔸 Supply/Demand Zones
::: fresh demand 17 cents
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BULLS
THE MOST IMPORTANT CHART FOR MONERO FOR THE LONG TERM!!Monero like LTC and ETH have been inside this channel for over 2 years. Great time to accumulate. Once Monero breaks out off this channel the move will be violent to the upside. really exciting times coming. Happy Trading!!
XMRUSD Swing Trade and targetsCurrent trade for XMRUSD.
Long term trading strategy very profitable. Only long 1800% as compared to buy and hold which is also very profitable 750%.
Net profit shown below is for trading it both way.
Current printed long with XProfit will be fully activated if BTC decides to move up, but as we're facing big resistance, it's not a done deal and most of the crypto asset will react same as btc when traded against USD.
You can join links below or hit me up if you want to give XProfit a try for your long term trading in peace.
Cheers
Major Monero Discounts Could Happen! (XMR)Everything on monero continues to shoot green from the Crossover strategy and the ema dots.
We still sit below a very key level of resistance in an expanding downward channel with lower lows and lower highs being formed. Until an actual breakout you still have no bulls confirmed!
I am a big fan on monero and I personally would love to see it reject off resistance and dump for one more major selloff for unbelievable discounts.
If this happens I will add a large position at the next low or on the Resistance breakout if we decide to push upward.
Best of luck to you all.
🥇MLT | MAJOR LEAGUE TRADER | FULLTIME TRADERS
There is a trading opportunity to buy in XMRUSDMidterm forecast:
While the price is above the support 26.05, beginning of uptrend is expected.
We make sure when the resistance at 68.20 breaks.
If the support at 26.05 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A peak is formed in daily chart at 67.79 on 05/18/2020, so more losses to support(s) 60.05, 54.05, 44.00 and minimum to Major Support (26.05) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 61.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (54.05 to 44.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (54.05)
Ending of entry zone (44.00)
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 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= @ 60.05
TP2= @ 68.20
TP3= @ 82.15
TP4= @ 96.50
TP5= @ 120.95
TP6= @ 137.95
TP7= @ 168.70
TP8= @ 230.10
TP9= @ 298.90
TP10= Free
There is a trading opportunity to buy in XMRUSDMidterm forecast:
While the price is above the support 26.05, beginning of uptrend is expected.
We make sure when the resistance at 68.20 breaks.
If the support at 26.05 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A peak is formed in daily chart at 67.79 on 05/18/2020, so more losses to support(s) 60.05, 54.05, 44.00 and minimum to Major Support (26.05) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 61.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (54.05 to 44.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (54.05)
Ending of entry zone (44.00)
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 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= @ 60.05
TP2= @ 68.20
TP3= @ 82.15
TP4= @ 96.50
TP5= @ 120.95
TP6= @ 137.95
TP7= @ 168.70
TP8= @ 230.10
TP9= @ 298.90
TP10= Free
XMRUSDXMRUSD
✅ 1 - 69.3
✅ 2 - 72.3
Breakdown 59.3, the price may fall below
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Waiting for your comment, what do you think about this?
Best fungible coin MONEROThis coin looks ready to double in value.
Capitulation is done and disbelief is coming.
Big opportunity for the next couple of months.
Be safe.
XMRUSD bull flag!XMR USD is in a bullflag and confirmation is breaking $73.02 and closing above. Objective $92.02
Monero looks really goodAnalysis for XMRUSD
Ascending scallops can be seen to be layering on top of each other
Looks nice
Haven't done the diamond patterns in awhile, not quite sure if its one, leave a comment
Very bullish
