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XMRUSDT.P trade ideas

Monero (XMR) - June 16hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (XMRUSDT 1W Chart) 121.8 or less is likely to be a mid- to long-term investment area. Therefore, the key issue is whether it can rise above 121.8 and receive support. (1D chart) If it fails to rise above 121.8, there is a possibility that it may decline to around 61.5-84.6, so careful trading is required. I think that the volume profile section formed over the section 61.5-84.6 is the source of the power that supports XMR. Therefore, if you see support in the 61.5-84.6 section or higher, you can start buying from a mid- to long-term perspective. However, if it fails to rise above the 121.8 point, we will have to increase the number of coins corresponding to profits through short-term trading. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
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by readCrypto
XMRUSDT is creating an ascending channel XMRUSDT is creating a descending channel on the daily timeframe. On the 4h timeframe the price is creating an ascending channel inside it. The price is above the weekly support on 185$. How to approach on it? IF the price is going to lose the support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
XShort
by InkyGrip
10
XMR MoneroHey guys, I just entered a long trade in Monero, breaking out of this medium term triangle... Thanks to Sheldon "the Sniper" at Crytpo Banter, I have had a lot of success drawing trend lines, and taking trades henceforth. I hope this plays out well in our favor.. I hope it goes up to the roof of the triangle, and keeps following this shape.. I want to take profit at levels between 191.30 and 192.90. Don't try to catch the last buck, ladies and gentlemen. God bless yall, and have great day in Jesus name! -Thomas
by thomchris777
XMR US draft bill to eliminate anonymous crypto projectsMonero's (XMR) is popular due to its ability to help anonymize users. The transactions are much more difficult to trace because they use stealth addresses. But that is not what regulators want for the crypto space. A leaked copy of US draft bill proposes to eliminate anonymous crypto projects. DAOs, DeFi and exchanges will be required to legally register in the US! After XMR hit the $200 resistance, i think it will drop to $137. Looking forward to read your opinion about it.
XShort
by TopgOptions
5
XMRUSDT (MONERO) Daily TA : 06.01.22If you're in profit you can close 50% of your position and just leave the rest of it for more gain . If price can break this resistance the nexty target will be $ 265 . Follow us for more analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 06.01.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
XLong
by ArmanShabanTrading
4
XMR - MMSM - 31.05.22 - Daily SFP around Supply Block -Long-Term Perspective : narrative: Price is retesting a daily supply block and created a swing failure pattern with yesterdays monday candle. I assume Resistance to hold until proven otherwise. Instead of blindly shorting this market I will wait for certain price trigger to get into the trade. Draw on Liquidity (DOL): - upside Liquidity is taken - downside FVG around 188$ Intermediate Perspective : notes on the chart below
by CryptoBROxbt
1
$XMR - Price entered Bullish Breaker - Will Act as support *SMT* My Last XMR Signal did not go as well. However, I believe I found where I went wrong and will be able to correct it with this signal. *SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas. So we have a long term Low High Lower-Lower formation in the upward movement of the price action of the chart. The high candle is the the Breaker. This is part of Smart money theory that's hard to explain without giving a video. But the price at this point should not get lower than the last up candle between 170 and 175. My entrance was 175.50. Stop loss is 169 and aiming bullish for the inverse ofr the 62% around 194.50. Then it might return lower, I'm not sure. But I think this Breaker Will hold and cause a short bullish run at least. Closer up of the the chart After it completes the run, The I have a feeling it will have another decent fall into the imbalance belowe the currrent support as seen pictured here: Lastly, if the price stays near where it is, it is in confluence with the exit of the trade as there is a bearish order block right at the price near 194-195 As for now. I'll be on top of this trade and keep it updated as much as I can. I'm only trading 3 cryptos right now, BTC,ETH, and XMR. We'll see if I'm right this time. SKILLING:XMRUSD GATEIO:XMRUSDT
Long
by BodiesXWix
#XMR - Remins Bullish Aiming for Equal HighsI entered around 190, BY THE timr I posted this it was already 194. In tough timers, look to monero to get you out from under. I've been scalping BTC and ETH. bUT Longing Monero aklways at thje right time. Started with a $100 account for fun in futures, nit at $449 in 2 wees. Now, a larger time frame it did get rejected zt bearish order block (Chart in messae) fahard but rebounded even harder. There's Natural iquidity sitting above the doyble eual highs. That.s where U believe you can take A BULK of you positino off and continue to see where the trade is headed. HTF CHART I don't think ETH amd BTC have hit their lows yet, But Monero will be the one to watch as it continues to climb.
Long
by BodiesXWix
Monero can Decrease Or Increase Depending on a Reaction from 170MXR (Monero) was in a Big Rising Wedge pattern. The Pattern Was going to Decrease the Price and It Did! The Price is gonna Decrease to the Bottom of the Pattern But For Now The Price shall fall to 170$ and after that We shall see What is gonna Happen. Two Scenarios Can Accrue! One is that the Price would Continue To Decrease and It would reach 155$ and another Scenario is that the Price would Start to Increase from there and Get Back to the top of the Pattern. We shall wait and See What is gonna Happen. -MXR was in a Rising wedge pattern -It's already Broken by the Price -The Price shall fall to 170$ -if it would Continue to decrease 155$ is the Target -If it doesn't Price will Increase -In a Few days we can Come to a Conclusion. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
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by CobraVanguard
2