Will privacy make it this round?It’s decision time for XMR. Just waiting for a range break to happen here
XMRUSD trade ideas
$XMR / USD Swing SetupMonero token has seen declining RSI the past few weeks and is currently testing the long-standing bullish trendline.
Should price fail at this level, it will almost certainly fall to the previous s/d zone area around $150.
Long position, targeting the upper brim of the 4-year cup and handle formation.
XMR Lying Man PatternMonero is a 250 dollar stablecoin. It's the immovable object hitting the unstoppable bull force. Somehow in the middle of this madness, XMR has ranged between 200 and 270 for the last freaking YEAR**
**April's bubble discounted due to ransomware.
XMR/USD breaks out of rangenotice the retest after breaking out, rejecting the possibility of entering back into this channel
if we see this move followed by volume, something something rocketship emojis
XMR Triple Bottom & Breakout!Monero looks like it is about to complete a triple bottom on the hourly timeframe.
MACD is curling upward and I'm expecting a bullish crossover.
RSI is not overbought.
On the larger timeframe, this would be confirmation of a much larger bullish pennant breakout which could actually complete a mega-cup & handle formation.
Target: On the hourly is $297 which would complete the triple bottom and then $340 at which there will be major resistance.
If it breaches $340 from below and then finds support at that level, we are headed to the moon.
Watch Fib levels and the supply/demand zones indicated with green rectangles. These will be levels you want to take profits if making short trades. Otherwise, if the triple bottom plays out I think this one is a good long-term trade.
NFA.
Monero longAttention! not investment advice, the investor is solely responsible for the losses! But you can be happy with the profits!
MONERO pattern shape similarityThe small shape is the same as large, the probability of rise is high
XMR_USDXMR is ready for big pump , this coin break the dynamic resistance line and test it after range zone in daily channel now is ready for pump to moon , privacy coins same ZEC , XVG ,KEEP are pumped but this coin is left . buy after break the range zone . thanks for like and comment.
XMRUSD Point Comparison SmileySimilarities can be seen within the 1.618 fib circle both in the square / rectangle and the touch of price on 1.618 level Tried to make this fun by making the circles eyes and drawing a tongue out, to create the smiley face
XMR to $25k... at least $1200The main thing I want to note is Monero's comparison to bitcoin since launch, which is denoted by the orange checkmarks within the two charts in this post. We could be seeing the formation of a nice cup and handle. With regards to the fibs, last phase we hit the 2.272 for the top, and if that were to be the case this time that would land this coming run at approx. $25k. At the very least we hit the 1.272... with that being at $1200.
BTC Chart For Comparison:
XMR, will choose the direction.The following content is machine translation:
XMR fluctuated in the interval for two months.
The trend began to narrow.
Triangular pattern, bullish on the upper break, bearish on the lower break.
The macd indicator hit the zero axis today.
Anonymous coins have started to improve recently.
High probability of breaking.
XMR BULLS ON THE WAYXMR Break 4hour trend hitting north at $272.20 SL: $270 -- headed to $296-$300. RR 7:1
Personally I'm holding till $330 RR 20:1
Be mindful this is a super tight stop loss so might get stopped out a few times, however Risk Reward gives multiple attempts.
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Monero XMRUSD - Cup and Handle + Rounding bottom +1000%- It is a right time to buy Monero, because of the cup and handle formation!
- Target is 1:1 fib trend-based extension - in next leg up, so be prepared.
- RSI is ready for a pump and once we reach all time high, we should accelerate in speed.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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XMR bat pattern and ab=cd 80% to 130% increase#XMRUSD
$XMR broke out descending resistance and hold above an ascending support.
to complete BAT pattern price can reach $478 and for completing AB=CD pattern price can touch $600 and more.
if price break down from ascending support this analysis will be invalid
Monero longThe king of privacy looks ready to take another run at an all time high.
Hopefully the volume pops us to use previous ATH as support.
back to 240Expecting a move back down to 240 is expected, and a break under 265 on SOW would be a sign we on the move. Considering that last week demand was still strong in presence, even tho it go absorbed at 285, I could expect more test of the zone before it would go down. Which would give us a even better sell entry when there’s signs of weak demand coming out of there if we go back test the area again. A move back directly to 240 is also a possibility if supply keep on showing presence as it is.
Daily
Supply has been overweighting for the 6 last day.
Weekly
Monthly
XMRUSD Monero EOY ProjectionMonero has been my only Proof of Work store of value hedge against Bitcoin this market cycle. Unfortunately, it has not outperformed BTC. The tech and fundamentals are still great IMO and I believe it could still make an impressive move at EOY.
Like many cryptos, XMR has been consolidating inside of a symmetrical triangle pattern after the crash earlier in the year. Looks like it still has a ways to go before any major move. My target price for Monero is $750 per coin.
XMR/USD Bullish Falling Wedge?XMR to $800+ in the cards
www.thinkmarkets.com
contiuation of decrease in volume as channel trend lines converge confirms pattern.
Usage metrics bullish as ever. XMR is long overdue for a real pump imo.
Cup & Bullish Pennant (Handle)NFA.
Looks like a massive Cup & Handle with the two tops occurring in Dec 2017 and in May 2021.
The cup's handle has formed a bullish pennant.
The pennant's stop loss, confirmation level, and target are marked.
The cup & handle has it's target marked and the measurement shown.
Market is currently supported by the 200 moving average which is bullish.
MACD looks as if a bullish crossover could happen this week, but need confirmation.
The MACD on the daily timeframe looks as if a bullish crossover could happen tomorrow.
Volume is ready for a spike. It looks more probable given the above that the volume will be in favor of the bulls.
Notice that both the pennant target and the cup & handle target are at key fib levels.
Do you see any bearish indicators? Please let me know!
