LONG/SHORT could be either scenario it's consolidating and preparing for another wave!
lets see which trade will have a higher probability
XMRUSD trade ideas
Monero XMRUSD: Bullish Setup to Catch a Swing Move
XMR dropped nicely to a major daily support cluster.
The price was nicely rejected and now we see a classic bullish accumulation on 4H
with a sequence of equal highs and higher lows.
To catch a bullish continuation, wait for a bullish breakout (4H candle close above) of 227.0 resistance.
Then buy aggressively or on retest.
Your goals will be:
251
272
In case of a formation of a new lower low on 4H, setup will be invalid.
Monero Trend Analysis for March"Simple" trend analysis to set expectations for March. Currently forming into an upward wedge, which is liable to break downward. Lots of support around, especially including the "snowline" from Monero's ATH. Looking to fill up in the gold zone after a bullish reversal confirmation.
I'm an amateur; this is not advice.
Monero is heading to the moon by the end of 2021After a long period of time, XMR price finally managed to open and close again above the pivot line ( Pink Trend Line ) on daily time frame. the end of bearish wave just confirmed with two long wicks candles. seems that price is retesting the Pink line. but the fib channel number 23, is still another resistance on XMR's way. it is expected that some consolidation in the area between fib 23 and its new support, the Pink trend line. if price manages to close above the fib 23, its way toward upper line of the white channel, would be paved. the bottom line of black channel is the next major resistance on its way. if XMR manage to breakout the white channel. the black channel would be its new support and its journey toward 600$ could be much more easier. as a result of exponential trend, it is expected that we could see XMR is pumping soon. the vertical white lines are fib time zones, on which the chart had beautifully reaction to it. according to fib time zones, we are in a bullish major trend, and November 2021 could be an amazing month for XMR holders.
Monero Golden Cross inboundQuickpost on XMR as a golden cross is due very shortly and my operating assumption is that after that concludes we should expect to see XMR get a good pump. ETH on the chart below had a golden cross around $600 and now it has done about a x3 in just a couple of months. I expect monero will be even more volatile and we would see even higher gains and I could show you why, but this is just a quick post. Ultimately, I hope to see ATH for XMRBTC and XMRETH. Just because it is taking a slight beating right now doesn’t mean the macro situation isn’t very bullish.
MONERO (XMR/USD) IS A BUY!Monero is a buy on either a breakout of $300 OR a lower pullback to possibly $200 (even better)........Target is the same for both entries: $820 for around 300-400% ROI Potential!
Monero XMR Prepare For SellOffThe crypto market is living its last bubble days.
The prices do not reflect any fundamentals.
Cryptos are pure retail investments gambling at this point.
Monero XMR Market Cap $4,444,410,296
vs
Biggest German Bank, Deutsche Bank 23.864B Market Cap
Moderna - saves the world from Covid-19 - 69.146B Market Cap
Ebay - Market Cap 42.174B
FORD - 42.174B MARKET CAP
When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends.
When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing.
If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
MONERO AnalysisBTC pair looking for a bottom, While the USD pair is looking for an ATH
The BTC pair shows clear signs of degeneracy, which can reverse in a strong fashion once the "bottom" is found
I am neutral on Monero
Probability of a major fall !
It is possible that this deep fall will occur. It is currently a possibility !
$XMR Huge Opportunity-Alt coin markets feel the similar to early 2017
-Privacy coins in the public spotlight, recently DASH pumped
-XMR ~20% below ATH
Buy spot or, use low leverage only if you are aware of the risks.
MONERO: WILL HE STAY OR WILL HE GO?Monero (XMR) faces resistance around $186-$190 which was the recent high set on 10 January. We went long XMR/USD in November 2019 and are currently +224%. However, we believe that we are only getting warmed up with XMR/USD.
We have seen Signal attracting users from WhatsApp recently. We see private money out-competing surveillance money in the future. We remain bullish on Monero.
XMR/USD is 66.8% from its all time high in December 2017. This is a great opportunity to get exposure to the finest cryptocurrency in the market. Monero is private, fungible, and a Proof of Work (PoW) digital currency.
Do your own Proof of Work research!
