#Monero up 47% from 2022 Lows, Primary Support at $135Past Performance of Monero
At spot rates, Monero prices flow in favor of sellers. The coin has more than halved from April highs, reading from the XMRUSDT price performance in the daily chart. Albeit expectation of XMR turning the corner in the sessions ahead, traders may liquidate on pullbacks below $155, or last week's highs, targeting immediate support levels marking September 2022 lows.
#Monero Technical Analysis
The daily chart shows Monero is bearish, and prices are in a descending channel. On the upper end, there are two critical resistance lines at $155 and $165 that buyers must break for the trend to shift. On the lower end, Monero has support at $135, flashing with September 2022 lows and the 50 percent Fibonacci retracement level of the June to August 2022 range. Considering the many points this support line flashes with, XMR prices must trend above it. If not, it may signal weakness, and bears can trade with the emerging trend in a bear breakout, targeting $110 in the medium term.
What to Expect from #XMR?
Monero is up 47 percent from June 2022 lows but is currently unable to contain bears, evident in the daily chart. For the uptrend to be sustained, XMR must hold above September 2022 lows—or, in the immediate term, reverse and surge above $155. In both cases, the first target will be $165 and August 2022 highs.
Resistance level to watch out for: $155
Support level to watch out for: $135
Disclaimer: Opinions expressed are not investment advice. Do your research.
XMRUSDT.P trade ideas
XMR/USDT - SHORT----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ XMR/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 143.05 - 100.0% (63.64626 USDT)
Take-Profit Orders:
1) 140.62 - 80.0%
2) 138.62 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
$XMR looking weak under $144 on 4 hourXMR going under 21 EMA 4 hour trend line. Bearish MACD crossover. Looking for it to go under $140
XMRusdt proboiXMRUSDT potential proboi of resistance level
important to watch out for newly created support level below the bottom white line to hide SL there.
071022
32.6% Profit; XMR32.6% profit just in stage 2
TP1: 147 ✅
TP2: 151 ✅
10.87% (1x), 21.73% (2x), 32.6% (3x) 😍👍
See my previous idea!
Follow me! Copy my trades!
TradeSetup_Reza
XMRUSDT | RISING SUPPORT BROKENXMRUSDT has broken below the rising support.
The rising support will now act as resistance.
The price has trading at horizontal support and 200MA too confluence .
The price may retest the broken support before a major fall.
Manage your levels accordingly.
XMRUSDT LONGThe price is correcting after the upward rally. I am waiting for the static support range and the 0.618 or 0.5 Fibonacci levels to be a reliable trigger for a buy position.
XMR/USDT - SHORT SMALL PROFIT BUT SURE----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ XMR/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 141.2 - 100.0% (48.98652 USDT)
Take-Profit Orders:
1) 137.9 - 80.0%
2) 133.12 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
Monero Ether OrI will be placing long and short orders on Monro, Short will be 170 down to 153 and my long order will be 130 to take profit at 143
XMRUSDT | BUY ON BREAKOUTXMRUSDT has been trading in a symmetrical triangle.
The price has been with in a triangle.
The price has approached to upper side of triangle
We are expecting a bullish breakout above the triangle.
The bulls need to break above the triangle, While bears will be in control below the falling resistance.
Manage your trades accordingly.
XMRUSDT Long SignalThis privacy focused coin is showing short term confirmation that’s about to expand to higher time frames and is about to reach the targets in upcomming weeks, i am bullish on XMRUSDT. My setup for it is as follows:
ENTRY: 116 - 139
OneTime Entry: 133
Short Term: 144 - 147 - 156 - 176 - 210 - 219
Mid Term: 255 - 305 - 360 - 470 - 530 - 584
STOP LOSS: 104 (Trailing to 96)
Please be aware with your money. Good luck!
XMRUSDT falling wedge on the supportThe price is testing the 4h support inside a falling wedge.
The 128$ area is a key level for the market.
How to approach it?
IF the price is going to have breakout, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
XMR good chart and nice for profitableMonero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. Even though it’s commonly thought that BTC can conceal a person’s identity, it’s often easy to trace payments back to their original source because blockchains are transparent. On the other hand, XMR is designed to obscure senders and recipients alike through the use of advanced cryptography.
The team behind Monero say privacy and security are their biggest priorities, with ease of use and efficiency coming second. It aims to provide protection to all users — irrespective of how technologically competent they are.
Overall, XMR aims to allow payments to be made quickly and inexpensively without fear of censorship.
Buy setup
Entry : 119 - 143
SL : 102.1
TP1: 147
TP2: 151
TP3: 156
TP4: 162
TP5: 170
TP6: 180
TP7: 195
TP8: 215
TP9: 235
TP10:265
TP11: 290
TP12: 320
TP13: 355
TP14: 390
TP15: 430
TP16: 470
TP17: 500
Spot or Future (1x, 2x, or 3x)
Run and keep it enjoy!
Follow me! Copy my trade!
TradeSetup_Reza
XMR in an Accumulation Zone(Flag Formation)Important Fibonacci Levels:
-100
-117
-130
-138
-146
-157
-175
XMR/USDTXMR/USDT
It is in a descending channel.
It is involved in the support of 125 dollars.
This support has weakened enough that it is too likely to be lost
Targets are available.
#XMRUSDT #XMR #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT
XMRUSDT SHORTShort, wait for back test of gloden pocket, available up to 0.886 PRZ otherwise too late to short it.
SL breaking PRZ.
With such of negative situation of BTC we may see far target of profit.
Hidden negative divergent. Bear sign
XMR/USDT - SHORT BEAR----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ XMR/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 134.62 - 100.0% (48.94603 USDT)
Take-Profit Orders:
1) 123.62 - 80.0%
2) 112.21 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
XMR/USDT - SHORT NOW NOWhello back guys!
we back again with new ideas
here XMR/USDT I thing we will go short cuz we break CHANNEL down
we have
tp1 IS 1.61% FIBO Retracement
tp2 as targets
and stop lose is mental in 1R
I don't Use stop lose if price go and touché 3R line I will move Tps In entry price and with from price come back and close with 0 lose
if price go more than 6 month and don't come back to entry price I will close it with lose.
good luck guys
XMR ABOUT TO BOOM BOOM!!We should expect heavy pump after the resistance block is successfully broken.
Entry is before the resistance.
Strong Support for XMRThe chart shows strenght at this price range and I expect a bounce from the supportline. Possible new ATHs soon!
XMR Delisting on Huobi will negatively impact anonymous coins. It is possible that delistings will continue on other major exchanges. The price failed to break the trend line. Many bearish divergences are forming. Perhaps we will see a trend reversal soon.
