XMRPERP trade ideas
XMRUSD ❕ trend lineMonero continues to hold the uptrend line.
Volatility has declined.
The price is above the liquidity zone.
I expect XMR to fix above the support level and then continue to rise.
Market Cycles | XMR as an example Hi guys! Please, support this idea and click the LIKE button. Thank you!
You can't just copy & paste the previous cycle and expect the same % return, because trends can't keep the same angle
As the market cap of an asset grows, it becomes harder to move the asset since more capital is required. That’s why in the first cycle we see the wildest uptrends & steepest corrections.
In 2014 Monero (XMR) had a downtrend of -64°
Next Cycle -64° turns into -41° as XMR gains more capital & participants
Now we're in the 3rd downtrend and it's even less aggressive - only -18° (and I expect it to take more time to reach the bottom)
I also like the math: 64-41=23
Every next downtrend is less steep by 23°
41-23=18° - perfectly matches the 3rd downtrend we're currently in
Same math can be applied to the uptrends. So we can expect the next Uptrend have 25° of steepness (it will take several years to reach an ATH)
What does all this mean?
Well, probably you should look for opportunities to participate in the first cycles.
Forget about old coins (since they also lose in technology to new projects and become less relevant) and pay attention to the new ones. Accumulate them after the downtrend 1 and multiply your capital during the following uptrend.
If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss updates
The information given is never financial advice. Always do your own research
XMR will break all time highbullish weekly structure, parallel channel/wedge kinda correction structure, Safe buy would be the breakout of the structure.
xmrusdScenario Sales When the price reaches resistance, we enter the sales position after confirmation
XMRUSD Gravestone Doji AnalysisViewing the Gravestone Doji that has previously formed on the middle band and the candle that followed we can make some assumptions based on the current gravestone doji
As the current Gravestone Doji is at the upper band we can assume a dump to the middle band (comparable to the previous drop)
Gravestone Doji's are considered very bearish
This is the Monthly timeframe
XMRUSD ❕ triangleMonero shows itself stronger than the market.
Volumes and volatility are decreasing.
I expect that the price movement will form a triangle and after fixing above the upper boundary I will be ready to buy XMR.
$XMR/USD
🟢cup and handle pattern
🟢falling wedge pattern
🟢bull flag pattern
🟢descending channel pattern
lol do you want anymore bullish signs TA wise?
the fundamentals are even more bullishhhhhh
$XMR Monero - long-term hodl candidate This chart looks great in my opinion and should be a long-term hodl for anyone exposed to crypto.
Major resistance area is a key level to flip, alongside the trendline noted on the far right-hand side.
$XMR has no real competitors, it is fundamentally better than any other privacy coin with the key fact that it is actually used for merchant transactions unlike ZCash and Bitcoin.
BullishXMR/USD price bounced from former resistance zone so we may expect a bullish run from here to the next resistance.
; We have taken a LONG position with a stoploss below support.
XMR, supported.The following content is machine translation:
After a wave of rises, it continued to pull back.
Pullback to the important point of Fibonacci rebounded around 0.618.
Yesterday closed up and rebounded, and today it is positive.
It is expected to stabilize and rebound.
Look at the target near 230.
great entry on XMR - channel intact since February great for short or long term IMO. $220-230 XMR is a steal and we will see $250 soon for a short term target, but with xmr/btc looking strong, I think we will see great long-term numbers for EOY and next year, too.
Keep stackin' momos :)
Monero $XMR to $200 Monero has continued its mark-down with solid intraday trading opportunities, rallying briefly to $234 before continuing downward price action.
Expecting $200 early this week due to FOMC meeting & broader markets before deciding if $200 support holds for a reversal & climb back above $250 towards $270 and centerline of long-term channel or breaking down on path to $150.
LTF shorts have upper hand bit will need to assess market sentiment as $200 PT is hit and next phase becomes clear.
Breakout failedUnable to break out, fell back in the downward channel.
If $200 breaks watch out below
XMRUSD ❕ over liquidity levelMonero continued to move in a downward channel as expected.
50MA and 100MA formed a death cross on the 4H Timeframe.
The buyout of the channel breakout happened on higher volumes.
Price is above the liquidity level.
I expect a small consolidation with consolidation above the support level, and after reaching the resistance level.
XMR - Monero in support-testing modeMonero has been ranging between 140 and 300 for a year (purple zones), and we´re back into mid-range price action.
My bias is slightly bullish at this moment, and I´ll watch rebounds in the two yellow zones for a LONG trade setup.
XMRUSD ❕ downtrend channelXMR is behind the market.
Price is testing the upper boundary of the descending channel and the 200MA on the 1H Timeframe.
During the rise, trading volumes began to decline.
I expect a fall after fixing in the descending channel.
XMRUSD: stable price actionA stable price action and trend support a bullish trend direction.
Above 235 supports a bullish trend direction. Crossing below this level will negate the bullish bias.
Upside price momentum supports the bullish trend.
The concern is the RSI and trend strength that might result in a temporary correction.
Remains a risky trade.
Monero $XMR to Test $200Monero has benefited from recent market preference for privacy given recent actions to weaponize financial instruments and access.
(ex: Canada v. Can Citizens, NATO countries v. Russia).
8 consecutive weekly green candles saw XMR appreciate from $130 to $290.
Today, XMR is testing 20 EMA support with multiple indicators reflecting a cooling off period is underway.
Recapturing the 20 EMA would not be bullish given broader markets & headwinds, but would help build support level & reduce likelihood of testing $150 down to $115 price points.
While Monero has longevity, price action will be susceptible to significant volatility as nation states and institutions work to maintain status quo and push centralized agendas and green initiatives that view Proof-of-Work as antithetical to the ESG narrative.
$XMR to Test $200 SupportMonero has realized 8 consecutive green weekly candles, from $130 to $290.
Privacy protocols have benefited from market desire for unlinkable & untraceable transactions this year in the face of the weaponization of financial instruments.
XMR has a long track record, is a trusted blockchain, and has a long-term place in the crypto space.
However, institutions and central banks are trending towards more insight into transactions with the European Union primarily leading the efforts, not to mention concerns regarding Proof-of-Work energy consumption and push towards green/renewable and alternative consensus mechanisms.
Near-term, expecting a test of $200 support from local high of $290 (~30% retracement) with potential to see bearish continuation to $150 and then $115 if the broader macroenvironment continues to realize rampant inflation in the face of a slowing economy.
Indicators support the current decline with MACD reflecting a recent bearish cross on the daily, declining momentum and on balance volume.
Monero has lost 20 EMA, regaining with a close above this would result in need to watch closely as the week progresses.
MONERO: MEGA PUMP COMING?Hi guys, here another of my altcoins investment.
I underlined on the chart and indicator the similarities on 2015-16 cycle.
Similarities don't count nothing but, it's always a good help to try understand the current situation.
If you look all my analyses on Eth, here you find the same because Monero it's an altcoin so it followe Eth in a bull run.
Let me know your thoughts, do you have Xmr in portfolio?
Monero´s surprising rally ends soon- XMR has been an unusual outperformer so far in 2022
- the thesis for the short is obvious: price is currently working on the 10th consecutive green 5d close
- with Monero also trading within the 5d ichi, a mean reversion is likely
Can privacy crypto's be a hedge for crypto regulation season?Throughout time we have seen how privacy tokens demand have raised with regulation fundamentals from governments. this phenomenon usually takes place as certain crypto investors rush to privacy coins such as Monero (XMR) to avoid any problems arising from any regulations on cryptos.
In the charts above you can see how Monero has declined to its major support and is currently trapped within a bullish diamond bottom prior to making a bullish swing.
The risk to reward ratio from this three-drive Setup is extraordinary as a swing to the midline of the channel and or the top of the channel gives us a great risk to reward ratio.
For BTC Roadmap and its effects on alt's view BTC chart below.
"We are in crypto to remain cryptic." S.S
