Monero (XMR): Possible Long Squeeze ComingMonero coin has been having a lot of long squeezes (on smaller timeframes we can see more of them), which is giving us the option of another upcoming long squeeze happening.
We are basing our theory on the current market state and the price movement of XMR, where we are overexpanded currently, which would be the ideal place for a quick reset.
Swallow Academy
XMRUSDT trade ideas
Monero(XMRUSDT) SL-$212,29 TP-$240Technical Analysis:
False lows indicate bullish strength
Compression at the upper limit of the range announces an explosion of volatility
Tenkan-Kijun crossover on the daily chart
20-50 EMAs crossover on H4
MACD aligned on the daily chart
Additional Note:
The behavior of Monero is always unusual, but it tends to respect price ranges and compressions. Another detail is that it's the only altcoin to have independence from BTC movements, and it continues to grow despite governmental persecution.
Perfectly wyckoffed XMRUSD produce beautifull set of higher higsPOLONIEX:XMRUSD
A textbook Wyckoff bottom accumulation just happened.
Easy 200% gains are on the table—right now. Check it out on the sc profile.
Think about it: What are the whales who were buying between 2022 and 2024 planning to do with the price?
Sure, Monero is being delisted from more exchanges lately. Some might see that as bearish, but it gives whales more control over the price since liquidity is lower.
I'm in for quite some time. But it is not too late for you. ;)
Strategy?
Either sell 50% of the position at 180% profit and hold the other half for 1.5 years.
Or hold all for 2 years.
LONG on XMR/USDTI'm opening a long position on XMR/USDT based on a broader market narrative. As regulatory frameworks around cryptocurrency are expanding globally, privacy coins like Monero (XMR) stand to benefit significantly.
With privacy-focused features becoming increasingly valuable in a regulated landscape, Monero could experience substantial growth. From a technical standpoint, the chart shows , aligning with this fundamental view.
Targeting with a stop-loss at to manage risk.
Let's see how this idea plays out! 🚀
What do you think of this analysis? Feedback is welcome!
XMR/USDTKey Level Zone : 203.50 - 204.50
HMT v4.1 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
Important Note :
Role of Key Levels:
- These zones are critical for analyzing price trends. If the key level zone holds, the price may continue trending in the expected direction. However, momentum may increase or decrease based on subsequent patterns.
- Breakouts: If the key level zone breaks, it signals a stop-out. For reversal traders, this presents an opportunity to consider switching direction, as the price often retests these zones, which may act as strong support-turned-resistance (or vice versa).
My Trading Rules
Risk Management
- Maximum risk per trade: 2.5%.
- Leverage: 5x.
Exit Strategy
Profit-Taking:
- Sell at least 70% on the 3rd wave up (LTF Wave 5).
- Typically, sell 50% during a high-volume spike.
- Adjust stop-loss to breakeven once the trade achieves a 1.5:1 reward-to-risk ratio.
- If the market shows signs of losing momentum or divergence, ill will exit at breakeven.
The market is highly dynamic and constantly changing. HMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement.
If you find this signal/analysis meaningful, kindly like and share it.
Thank you for your support~
Sharing this with love!
HMT v2.0:
- Major update to the Momentum indicator
- Reduced false signals from inaccurate momentum detection
- New screener with improved accuracy and fewer signals
HMT v3.0:
- Added liquidity factor to enhance trend continuation
- Improved potential for momentum-based plays
- Increased winning probability by reducing entries during peaks
HMT v3.1:
- Enhanced entry confirmation for improved reward-to-risk ratios
HMT v4.0:
- Incorporated buying and selling pressure in lower timeframes to enhance the probability of trending moves while optimizing entry timing and scaling
HMT v4.1:
- Enhanced take-profit (TP) target by incorporating market structure analysis
XMR/USDTKey Level Zone : 200 - 201
HMT v3.1 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
Important Note :
Role of Key Levels:
- These zones are critical for analyzing price trends. If the key level zone holds, the price may continue trending in the expected direction. However, momentum may increase or decrease based on subsequent patterns.
- Breakouts: If the key level zone breaks, it signals a stop-out. For reversal traders, this presents an opportunity to consider switching direction, as the price often retests these zones, which may act as strong support-turned-resistance (or vice versa).
My Trading Rules
Risk Management
- Maximum risk per trade: 2.5%.
- Leverage: 5x.
Exit Strategy
Profit-Taking:
- Sell at least 70% on the 3rd wave up (LTF Wave 5).
- Typically, sell 50% during a high-volume spike.
- Adjust stop-loss to breakeven once the trade achieves a 1.5:1 reward-to-risk ratio.
- If the market shows signs of losing momentum or divergence, ill will exit at breakeven.
The market is highly dynamic and constantly changing. HMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement.
If you find this signal/analysis meaningful, kindly like and share it.
Thank you for your support~
Sharing this with love!
HMT v2.0:
- Major update to the Momentum indicator
- Reduced false signals from inaccurate momentum detection
- New screener with improved accuracy and fewer signals
HMT v3.0:
- Added liquidity factor to enhance trend continuation
- Improved potential for momentum-based plays
- Increased winning probability by reducing entries during peaks
HMT v3.1:
- Enhanced entry confirmation for improved reward-to-risk ratios
XMR 200% after retest is completedXMR broke out from long consolidation and currently retesting and trying to find support on previous resistance.
RSI also touched 70 level as testing ground.
Possible move from 200% to 250%
XMR next leg upRecently broken through a key resistance level on the 4-hour chart, signaling potential for further upward momentum. After several attempts to breach the resistance, the price has decisively moved above this level, confirming a bullish breakout. This presents a solid opportunity for a long position, with the expectation of continued price appreciation in the near term.
I prefer simple lines.
Monero (#XMR) Monero (#XMR)
CRYPTOCAP:XMR Monero has successfully broken above a long-term downtrend resistance line.
This breakout signals a shift from bearish to bullish momentum.
The 0.618 Fibonacci retracement level has been reclaimed, confirming the breakout’s validity.
The current support zone lies between $160-$200, providing a strong foundation for further upside movement.
Targets:
Target 1: $284.31
Target 2: $359.72
Target 3: $445.65
XMR/USDT - Monero/USDT - Swing PositionDate: 06/12/24
Name: Monero/USDT – XMR/USDT
Market cap
$3.69B
3.96%
Volume (24h)
$169.95M
9.18%
FDV
$3.69B
Vol/Mkt Cap (24h)
4.61%
Total supply
18.45M XMR
Max. supply
∞
Circulating supply
18.45M XMR
Daily Time Frame – Swing Position – Long!
Reasons to be Bullish Case:
1) Structure: Range Breaking out
2) Current phase: Strong Bullish momentum, +Low market Cap, Low Circulating Supply
3) Overall trend: Range.
(4) Internal: Structure Shift towards upside, Pull Back done, uptrend continuation, internal Shift, ready to sky rocket.
(5) Important Key notes: .
- 910 of Range break out, Prior higher low (support) hold, did not invalidated its previous structure, still bullish
- Currently testing its Range highs, (Resistance & Supply area - key level on Daily Time frame range. )
Worst case Senerios:
4) Bitcoin is currently at All time high, liquidation flush remaining ($75k – $80k)
5) Due to liquidity generated and Demand zone sitting below.
6) if $184 is not hold, then we can see further buying opportunities on marked point of interests.
7) Invalidation below $128
8)
Trade Plans:
BUY CMP: $198.10
DCA: $178-$145
Invalidation: $128
Trend Based Fibionacci Targets:
Target 1: $ 576
Target 2: $ 865
Target 3: $ 1044
Target 4: $ 1334
**This is not a financial advice, these are my personal trade journals, Do your own research before taking any action. **