XMRUSDT.P trade ideas
XMR/USDTOMXSTO:XMR if you are looking for a 68% gain, well here it is and right now is a great entry sitting on support, you can front run this trade and enter now, or you can set alert on the white dashed line and trade the breakout, obviously if you enter now you will make more gains anon
XMR elliot wave analysisHi
here is the complete wave analysis of XMRUSDT which is filling the wave X
XMR/USDTOMXSTO:XMR nice R:R here clean retest and formed a nice descending channel which is a sign for a reversal, you can enter a long here and put SL below white line
FL
Monero (XMR) Is It Strong Enough To Stand The Bears?
Compared to other altcoins, the growth of XMR has been quite modest. Since the beginning of September, the asset's price has increased by 29%, while many coins have doubled or even tripled in value.
Currently, Monero is trading between a support level of $163 and a resistance zone of $171-$175. Given the correlation between XMR and BTC, if the overall positive trend in the market continues, it could lead to further growth in the Monero price. In that case, the next targets for buyers would be the levels of $180 and $187.
A correction of the uptrend is an acceptable development scenario. Below the current level, buyer orders are found in the range of $154.0-$158.5 and at the mark of $147. An aggressive fall in BTC could have a significant negative impact on the XMR price, as the support levels mentioned are likely not strong enough to hold back the heavy selling pressure.
XMRUSDT DIn daily time frame we can see a break and now on pullback we can open long position until 209$ and sl as you can see in my chart
XMRUSDT.P-IN BEARISH TRENDXMRUSDT.P is in a sideways market but I expect it to break the support and retest the support which is a confirmation of a bearish trend and we will ride it till the lower support level which is a 1:2 target, what do u guys think? let me know.
XMR - A Range But Strong 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 XMR has been stuck inside a wide range between 130.0 and 188.0.
Currently, #XMR is hovering around the upper bound of the range.
📉 For the bulls to remain in control and take over from a long-term perspective, we need a break above the 188.0 resistance. In this case, we can expect further bullish movement toward the next resistance at 250.0.
📈 Meanwhile, the bears can still take control and reject the resistance. Confirmation will come if a bearish reversal setup is activated on the H4 chart.
Which scenario do you think is more likely to happen and why?
📚 Always follow your #trading plan regarding entry, #risk management, and trade #management.
Good luck!
All #Strategies Are Good; If Managed Properly!
~Rich
XMR CHARTING FOR MatosPoljca Here is my XMR chart on the weekly, The chart should be self explanatory
XMRUSDT Awaits Explosive Growth⚪ XMR has been locked in a year-long triangle pattern, where it straddles the line between bullish enthusiasm and caution. The crucial takeaway here is the unwavering commitment to the long-term demand, as evidenced by its faithful respect for the uptrend trendline. This, my fellow traders, is a strong indicator of the resilience and potential staying power of Monero. 📊
⚪ However, the crypto remains tethered under the grasp of the downtrend trendline, an aspect that often makes investors hesitate. But let's not overlook a significant development – the recent and clean bounce off the 78.6% Fibonacci retracement level. This isn't just a bounce; it's a sturdy support, working in harmony with the uptrend trendline.
⚪ The magic number to remember is $134 – a key support zone that, when respected, solidifies our confidence in the continuation of an uptrend. It's important to comprehend our trading strategy. We've decided to seize the moment and take a long position in XMR without waiting for the elusive breakout of the downtrend trendline. Why, you ask? Well, we've already identified a compelling risk-reward setup.
⚪ Moreover, we're keeping a close watch on the downtrend trendline. It may very well crumble under the pressure of intensified buying, presenting a slightly tardy but still promising entry point for long-term buyers. The nitty-gritty, including our trade signal with stop loss and take profit levels, is conveniently available in our channel.
XMR can go upBy examining the chart, it seems that we have a symmetrical one, and its final branch, i.e., looks like a triangle.
It can go up by keeping the green area. The red box can be the target of this upward movement
This is an update to the analysis linked in the relevant section
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
XMR is near the razor's edge!From where I entered "START" on the chart, the XMR symbol has entered the corrective phase.
The structure of this corrective phase is twofold. We've had a diametric followed by a wavy X and then another diametric again. We are now at the end of the second diametrical F wave. Wave G can end somewhere between the drawn fibos corresponding to the relativity of wave A to wave G of the second diametric.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Crypto XMR Morning star reversal with bullish divergence - BuyCrypto - Monero - XMR
We have a few indicators pointing in the same direction right now. The morning star reversal is a bullish candle. There are 3 bullish divergences with price and RSI. STO is low so price is ready for a bounce. And we have just gone oversold for the first time since November 22. Feels like time for a bounce to me. Time to get Long.
Price = 142.10
Target 1 = 157
Stop loss = 134. Stay safe fam.
✴️ Monero's Next Target Revealed... Above $280Where's the fun? The target has already been revealed in the title... I am not going to take your energy hostage trust me, if you want the analysis you can read it or you can go straight to the point.
Monero (XMRUSDT) is bullish now, strongly bullish and this is revealed by yesterday's session going low, producing a long lower wick and closing at the sessions high.
This is supported by high volume recently and both the MACD and RSI bullish by any measure.
👉 The next target, the main one, can hit around 285.
There are multiple resistance levels along the way, I'll list them:
1) 182
2) 210
3) 255
These are the main ones as there are others as shown on the chart.
How do I know how far up each pair will go?
I revealed this many times in previous trade ideas... Won't do it anymore.
We will see if it works based on the results.
Thank you for reading.
✔️ I hope you make tons of money.
✔️ I hoe you have a great, enlightening ride in this awesome/amazing bullish wave.
✔️ I am hoping you reach your goals and do better than what you have planned...
✔️ I am wishing you health, wealth and success.
Thank you again for reading.
I'll you see around.
Namaste.
XMRUSDT trade ideamy entry on this trade idea is taken from a point of interest below an inducement.. just a trade idea, not financial advise
XMR in radarLast week on OCT 6, XMR price broke ranging market resistance that have been last for 2 months since AUG 2023. Believe XMR market would last its uptrend momentum and challenging next daily chart resistance level at 172, 187.
R1- 172
R2- 187
XMRUSDT (4H) - Bearish reversalHi Traders
XMRUSDT (4H Timeframe)
Waiting for the downward break of 150.80 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 154.60 would cancel the bearish scenario.
Trade details
Entry: 150.80
Stop loss: 154.60
Take profit 1: 148.50
Take profit 2: 144.70
Score: 8
Strategy: Bearish reversal
XMRUSDTHello snipers, nothing is impossible. In the daily time frame, we see the formation of a cup and handle pattern. If the pattern is completed and the price stabilizes above the 103-day moving average and the yellow line, a good buying position is created, the possibility of an increase may be higher. All analyzes are only possibilities. Purchase offer. or not for sale
XMRUSDT's Low-Risk, High-Reward TradeXMRUSDT currently offers an exceptional risk/reward ratio, making it an enticing buying opportunity. Our approach is conservative, emphasizing minimal risk exposure while holding the potential for substantial profits.
Continuation of downward trendEntry:152-156
Stop loss: 157
Take profit: 141-125
RR: 1.2-6.3
Duration: 20 days
XMRUSDT Short to previous lows (inside bar)Looking at the chart we can see that XMR broke through the daily resistance (purple line). Shortly after it produced a nice inside bar followed by a breakout from the inside bar. This can signal a reversal of the trend. For further conformation it has produced a rising wedge pattern, which is also a reversal pattern.
I'm opening a short position looking at the previous lows.
Watch price action at significant levels (50% 61.8% fib)
Good Luck!
XMR BACK IN VOLUME $187Thank you for reading our update. Please keep in mind that this is not trading advice.
XMR can have a new cycle range for uptrend volume
In the coming period, XRM can play new cycle since XMR shows volume
