XMRUSD trade ideas
[XMR] 15min Cup & HandlePattern about to complete.
Risk: XMRBTC at resistance, need break above to increase possibility for the USDT pair pattern to play out.
XmrusdObv would suggest up
Macro only
Privacy coins to perform well nxt cycle
Rich people in non nato countries will be wary from the russia asset seizing
Zcash gaining vs XmrPretty critical levels, this could play fast. Circulation numbers are about to turn in favor of Zcash. Tight stops. Good luck.
LARP Capital: Monero USD and The Baptism of FireMonthly chart says we are going to ATH's within the next 3-7 months (July Inclusive) and ultimately it suggests some beyond wild price targets.
3d chart provides much more detail (The Baptism of Fire):
We will be going over it all in the coming months. Especially the XMR/BTC Ratio. I wanted to create a separate published idea to update on Monero so this is where I will be doing that (I created the chart about POW a few months back involving both Litecoin and Monero (can see Linked in Related Ideas). Updates on Litecoin will be under the Magic Juan'ed Idea. The two new darlings of the space : )
Stay Tuned th-ick-ity, th-ick-ity, th-at's all folks
-the beatiest of all
Monero Price Analysis — August 1Monero appears to be on a bearish trajectory towards the upper $140.00 area as the crypto market took a break from its aggressive recovery from last week. XMR tapped a high of $166.90 last week, where the price came into contact with my long-term bullish channel, prompting a correction.
That said, the privacy blockchain cryptocurrency is locked on touching the $150.00 low in the coming days. On a larger time frame (daily stochastic indicator) the bearish correction seems warranted, considering the price has wandered too far into overbought conditions. Regardless, I do not see the ongoing bearish correction extending below the $146.00 mark, the projected base of my channel, before a bullish rebound kicks in.
Meanwhile, my resistance levels are at $160.00, $165.00, and $170.00, and my key support levels are at $150.00, $146.00, and $140.00.
Total Market Capitalization: $1.07 trillion
Monero Market Capitalization: $2.95 billion
Monero Dominance:0.27%
Market Rank: #26
Monero Cup and Handle 2022#Monero #XMR $XMR held the lower boundary of a 21-month rectangle (yellow) that will serve as the Handle for a massive C&H. The bull market has started. Prices head north. Target headed to $3,000+ over next couple of years
Hello, monerobrosThis is Ta based on
-Cycles
-history,
canals
-formations
fibonacciretracement and the potential what Monero can be get to.
XMR has made a solid break on the weekly XMR has made a solid break on the weekly and looks to add to the momentum coming off the bottom of this massive sell off. The setup is pretty much the same as with JASMY and XTZ. This setup is actually stronger though as it has a weekly high volume (144 period POC) node way above it. Price is attracted to volume more times than not; so this adds to the probabilities of the trade. I good spot to take out some gains is the weekly 21 SMA which currently sits around $180 (roughly +60%) but is declining so you will want to bring that in the longer it takes to get there.
XMRUSD IdeaFalling Wedge idea
The first falling wedge led to a breakout
Currently we are in a second falling wedge which may lead to another breakout, around the .786 Fibonacci level
XMR is what Bitcoin noobs think bitcoin actually is.I think the technical structure of XMRUSD is very good, forming a long term ascending triangle. The fundamentals are great in my opinion. Monero-chan is cute.
MOONEROShort term expect some big moves here - looks to be in wave 3 - let's see if it can bust our channel to confirm wave 3.
XMR HikeHTF Structure is bullish Price has recently pulled back into retracement levels this presents great opportunity for calls on monero
Wave Forecast...MOONERO! Rise of the OG's - Real utility will shine in the future - smart $ is accumulating.
XMRUSD Middle Band Long Term SupportXMRUSD has fallen to the Monthly middle Gaussian Channel Band
This has been proven as a support level since 2015
This area is a great candidate for a strong reversal
XMR LongMy short position TP nicely, thank you Market! (link below)
Now Descending structure for the pump
Bid filled. Watching for retest to add more, otherwise adding on pullbacks as it pumps.
If price drops in the red, will add 2x more positions with tight stop.
Moreno DipsPrice Was Currently in a end. It pulled back into retracement levels and met a key supply zone making it ideal for a short position
XMRUSD Intraday Price Action analysis building long term hold position in Monero. Weekly chart is performing ok, planning to hit my idea's sell price target by 2025.
Monero HikeMonero looks to be heading to the upside. a double bottom break seems to be forming on the DAILY and structure with in the 4H and the 1H correlate in a bullish trend. The 1H is moving into Fibonacci retracement levels providing a great opportunity for a temporary long position on XMR.
