Monero and other alts may be ready to pumpXMR seemed to have recovered strongly from the crash and is now showing signs of a potential break out similar to gold!!
XMRUSD trade ideas
Did You Forget To Grab Some Monero?Let's look at the monthly transition on the privacy coin king, Monero.
Pay attention to the major swing on this very special coin. The transition and breakout for monero has been in motion. Stay tuned, hodl for a very long time!
XMRUSD: stealth bull market TP +50% gains(SL/TP)(NEW)Why get subbed to to me on Tradingview?
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-15+ years experience in markets
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XMRUSD: stealth bull market TP +50% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XMRUSD weekly chart review and outlook
::: ongoing accumulation on weekly chart
::: re-test of key mirror s/r level
::: at 110 USD very likely next 4-12 weeks
::: short-term expecting pullback/correction
::: max 20% next few weeks
::: resistances: 100 USD // 110 USD
::: supports: 72/74 USD /// 44 USD // 34 USD
::: get ready to BUY later after pullback
::: best strategy: BUY LOW near 72/74 USD
::: TP BULLS is 110 USD +50% gains
::: BUY/HOLD setup patient traders only.
::: good luck traders
::: details: see chart
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment outlook short-term: BEARS/pullback
Long XMR/USDConsolidation in a tight range above 50$ should open the door for +100$ for XMR. This takes into account Bitcoin's relative bullishness and XMR/BTC being very close to a bottom.
Monero Gann analysisStuck under (2/1) Gann line of the downtrend
I believe this will break under upward pressure
Never really looked into Monero, maybe its time to?
Monero, Show Us Privacy Still Matters! (XMR)Stage 1 breakout being tested right now with everything shooting green on monero.
Roughly 410 days since back to the stage 3 high of major structural Resistance.
Once we break here we will look to then hold to break the highs of stage 2 and stage 3 for a serious bullrun.
Keep an eye on the order book and watch the tape to see how much is being bought up on a breakout.
If this holds strong than we could see another correction and correlate with all indicators.
Anything can happen, stay sharp.
Monero breakout to continue ?After the break of resistance and the pull back down the previous lvl I’m expecting to see XMR continue it’s breakout
MONERO +150%Buy now and more low price.
Sell levels on the chart.
Profit 150-350%
Good luck for you !
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
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!
