XMRPERP trade ideas
XMR - WATCH MONERO AS IT CAN BE AHEAD OF OTHER CRYPTOSI am short BTC as indicated in the linked idea below, but if wrong at 7200 I will open a LONG to 8000 (where all MA are).
It is very tough to decide a direction for cryptos, volatility decreased dramatically and BB are really narrow on the hourly TF, meaning that the market will pick a direction soon with an "explosion" as only crypto can do.
Today just XMR as of now is showing good upside among top 15 coins. It is also the one that is on the "upper" half of the bollinger band because of a good spike and not by staying stationary while the 21MA being negatively sloped. It is also one of the few reaching the first main resistance.
Every phase has a forward indicator coin, few months ago it was LTC, now it is XMR that will drive all the others?
Let's pay attention to Monero in the following hours/days
XMR/USD, SHARK PATTERN LEG UP, BULL DIV (DAILY), 160% PlusI AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
MONERO / U.S. DOLLAR (XMRUSD) DailyDates in the future with the greatest probability for a price high or price low
MONERO / U.S. DOLLAR (XMRUSD) WeeklyDates in the future with the greatest probability for a price high or price low
XMRUSD 2020 Price Levels From December 4 2019 IdeaXMRUSD Support and Resistance Price Level Review. Levels were respected. Targets Hit.
XMRUSD - There is your rejection zoneXMRUSD reversed heavily since the last shared idea.
It is now touching the triangle it escaped out of, and most probably taking it as a resistance.
Most likely going to be rejected from here and continue with further downwards movement today or tomorrow.
Happy Trading!
Monero
Monorro has made a butterfly upward harmonic pattern and is up to 61% Fibonacci (about 70 $).
XMRUSD forming bullish Crab for upto 587% bullish moveHi Folks hope you are well, this bearish trend is helping many tokens and cryptocurrencies to complete their finals bearish legs to form bullish patterns and Monero (XMR) is also one of them. On 2 day chart the XMR has formed bullish Crab pattern, even though the price action has hit the spike in PRZ level and pulled back but I am expecting that due to this bearish trend it will give us another change to catch it from the potential reversal zone.
Let’s dig this pattern deeper to check how perfect this pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.328 to 0.618 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 1.27 to 161.8 Fibonacci.
Buying And Sell Targets:
The buying and sell targets according to harmonic Crab pattern should be:
Buy between: $29.819 to $11.431
Sell between: $44.060 to $78.554
So this trade has up to 587% big profit possibility.
Stop Loss:
The potential reversal zone area can be used as stop loss in case of complete candle stick closes below this level.
Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
XMR ANALYSIS: SHORT THE RELIEF RALLYXMR ANALYSIS:
XMR setup looks very similar to many other major alts, and unfortunately the buy volume still isn’t there to keep the price afloat. XMR had a relief rally hitting over 40, but was then rejected again cutting below and making no temporary support along the way. I expect a slow push to the new resistance, followed by a rejection further down to major support. Wait until a confirmed rejection at/near $36 before opening shorts. Short targets are T1 at $30.60, T2 at $29.30, and T3 at $27.86. I believe XMR buy volume will really step in when XMR hits this low. It would also confirm a nice double bottom and produce a potential bullish divergence.
Short Entries: $36-38
XMRUSD formed bullish BAT | Upto 72% move expectedHi friends hope you are well, on 2 day chart the Monero (XMR) Coin has formed bullish BAT pattern and entered in potential reversal zone to move up.
Lest’s dig the pattern deeper to see how perfect this pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: $55.701 to $50.477
Sell between: $68.18 to $86.926
Stop Loss:
The potential reversal zone area which is up to to $8.80 can be used as stop loss in case of complete candle stick closes below this level.
Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own reaserch before any investment.
Monero / USD, The Price can grow up!We wait for a long.
The Key Level can cause hit off of the price.
Buy Zone is under the arrow and our goal 66.793
Click like and write comments.
Monero and UVU on rise mode.Monero is quite good option for next
month I suggest to keep some not more than 10% in Your portfolio and watch the level which I signed to sell in good moment .
UVU is in rising mode too , buy it while its cheap and before big news preparing for team to March/April .Read below some more information about it .
Please read about my recommendation in new crypto market #UVU
BUY : www.hotbit.io
CHECK :https://coinpaprika.com/coin/uvu-ccuniverse/
SITE : ccuniverse.org
I am suggesting to invest in altcoin like : UVU which is new coin but with great perspective. Why UVU ? Because their unique vision based on crypto atm and recharge stations for electric cars . This european project got first successes behind them like listing on big Hotbit Exchange - You can trade there without K-Y-C so registration is easy and fast - brilliant model for less experienced users.
Look into it:
www.hotbit.io
Moreover the price is still cheap it means BIG space to grow . Team predicted that price for 1 UVU should be a round 0.2 USD in March and now its just 0.0028 USD !
Also the cirrculation supply isnt big so it also work for future profit because many coins could be in Yours hand for less payment .
Think serious about investition like this !
Also You will help to grow whole market because their mission to assimilate devices like Crypto Atm to local society .
coinpaprika.com
Check the chart :
XMRUSD - Do not expect this one to turn bullish any time soonYou may have noticed the market standing still.
Bitcoin is really capable of going in either direction at the moment. But the direction for XMRUSD is pretty clear.
As mentioned in the last trade, XMR lost its uptrend. Furthermore it closed the monthly candle in a hammer candle, taking that downtrend / triangle resistance.
Be prepared for further downwards movement.
Happy Trading!
MONERO - $XMR - Third-wave!I love it when something happens as planned!
Move to S2 > (S2 was support)
Hope you bought some...
Zooming in tells me that we still have some potential in the short run but it will be choppy.
$XMR #MONERO #CRYPTO
Sub $70 Monero is a BUYOne of my favorite 2020-2021 long positions is $XMR. Largely for fundamental reasons (proven secure, privacy oriented, minimal transaction fees in comparison to BTC), but the technicals are also beginning to line up in anticipation of BTC halving.
