$XMR Finally Breaking out of 140 Day Channel? 12 Jun 2022: Price Dropped Down To $96.70
16 Aug 2022: Price Rose To $174.2 (+80% Increase in 2 Months)
Since 16 Aug 2022, we have been in this specific downtrend channel.
Closing the weekly candle above $153.10 would signify a new previous high and/or possible reversal.
Possible Resistance/Support Zones #1-4 Drawn Out. Higher # Zone = Higher Probability/Strength for Possible Resistance/Support due to overextension in price.
XMRUSDT trade ideas
#XMR/USD: Monero: Bearish FlagIt seems like a bearish flag is close to being done and XMR/USD lacks a further bigger move as an indication of a breakdown. A bearish flag often identifies an interruption of an uptrend if price breakdown occurs. XMR/USD risks extra losses towards 172 on a breakout of the bearish flag.
Monero longMonero is bouncing off the Fibonacci 0.618 retracement zone which is also in line with the support area. Bullish movement to resistance level at 185 is expected to happen.
XMRUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Entry: market and lower
Target: 165 - 195 - 230
Main target zone: 220 - 250
after first target reached move ur stop to breakeven
Stop: ~115 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Is monero ready to go?After a long time analyzing this coin, and having seen bullish potential in 2016-2017 and price stabilized since then, perhaps monero will gain investor confidence and may have a rally soon. Will privacy be the way in this world where we are politically chaotic? Who knows... make your reservations carefully.
XMR currently under resistance and safest entry is on 2hr retestXMR under resistance
safer entry - enter on 2hr retest
Target 1: 199.86
Target 2: 219.77
Target 3: 238.94
Stop Loss: 153.40
Manage Risk - have a stop loss in place
price movement prediction
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR
$XMR/USDT 2D (#Bybit) Symmetrical triangle breakdown and retestMonero has pulled back to 100EMA resistance where a rejection would make sense.
⚡️⚡️ #XMR/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 5.9%
Current Price:
149.70
Entry Zone:
149.65 - 157.95
Take-Profit Targets:
1) 133.15
2) 117.65
3) 102.10
Stop Targets:
1) 171.05
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +40.28% | +70.51% | +100.85%
Possible Loss= -33.65%
Fib. Retracement= 0.441 | 0.618 | 0.883
Margin Leverage= 3x
Estimated Gain-time= 1-2 months
Tags: #XMRUSDT #PoW #Mining #Privacy #Blockchain #Bytecoin #Hardfork
Website: getmonero.org
Contracts:
#Mainnet
#Secret
#Monero soars 40% in 2 Months, XMR May Reclaim $170Past Performance of Monero
The march higher has been impressive for Monero. At spot rates, XMR buyers have reversed losses of early November and look to spring to above Q4 2022 highs. XMR is now up 40 percent in two months as the coin aims to shake off bears of the better of 2022.
#Monero Technical Analysis
Monero was overly bullish in H2 2022. Based on the development in the daily chart, the coin found support from the 78.6 percent Fibonacci retracement level of the H2 2022 trade range. The recovery from November lows is a positive move. As XMR tracks higher, aligning with the upper BB, traders can look to double down on dips above $150. This line flashes with December highs, and the current formation, a bullish breakout. The immediate target will be the H2 2022 high at $170.
What to Expect from #XMR?
XMR is solid, outperforming the USD. After initial scares of early November, Monero buyers are soaking in all bearish pressures and galloping higher. At this pace, XMR may retest H2 2022 highs if the coin is above $150 or December 2022 highs.
Resistance level to watch out for: $170
Support level to watch out for: $150
Disclaimer: Opinions expressed are not investment advice. Do your research.
XMRUSD ❕ upward channelXMR continues to maintain bullish sentiment and reasoning, but the asset is overbought on small and large timeframes.
The price has approached the upper boundary of the upward channel.
I expect a correction and sideways movement before the next impulse.
XmrUsdtmonero great and safe to now
all market big crash but monero can save own
you reserch fundmental bt thi is safe
cant got big profit but can hodl fro save your money better of others
you see channel and this channel is correct more time reaction to middle channel. now break mid and market gain back and BTC drop this on bd time bck to middle channel not more
GL
EntryPoint:
154
145
Supports:
129.6
118.3
108
Resistance:
165
Targets:
183
207
Midtime:
243
265
298
HODL:
374
439
538
GL
XMRUSDT 1H - privacy coinXMR follows a perfect bullish line, marked by its ever-increasing bottoms. XMR, without much sales force, goes in search of the upper of the VWAP and then retreats to the VWAP, which is at 157.6. target here would be 159.2 in the short term and 161.9 in longer trading.
XMR is a privacy coin that focuses on providing complete anonymity for its users. Every user on Monero is anonymous by default and every transaction is private, which also means that transactions cannot be tracked.
Here are the supports and resistances:
S: 157.6 / 156.1 / 154.1
A: 159.2 / 161.9
$180+ MoneroBINANCE:XMRUSDT
I just went long at $158.50.
Looking to take profit between $180 - $185.
Fat_Fat
XMR daily MA crossXMR has been showing strength recently and bouncing off the trend line. Long term swing
🔥 XMR: Expecting More BullishnessSome weeks ago I made an analysis on XMR and the bearish channel it was trading in. My main point was to wait for a break of either of the dotted yellow lines for either a bearish or bullish confirmation. Now that the price has successfully broken the top yellow resistance, I'm looking for more short term bullishness for XMR.
Main target for the near-term is the top of the channel. Most likely move after that will be a bearish rejection, but too early to say whether it will really occur.
XMR ANALYSISI hope you are fine
We have a view on xmr. We are in the middle of the g wave of this diametric diamond. If we reach the red zone, I will be looking for short trades.
Do not forget to manage cold, volume, leverage and stop setting
Comment if you have any questions
Thank You
#monero $monero weeklymonero weekly imo is one of the better charts out there with strong fundamentals showing in its strength in the bear market. see upside for this one soon
XMRUSD: Continuation and Potential Exttension of Bullish TargetA couple weeks ago XMR showed potential to continue a Bullish ABCD BAMM as seen in the related idea below and so far things have gone well and is about halfway to hitting the target; but in doing so it's also breaking out and confirming above a more macro structure and confirming the validity of a Bullish Butterfly. If this Continues we could see targets much higher than the original ABCD BAMM and perhaps see upto a 61.8%-88.6% Retrace to the upside as a result of breaking above this Wedge and Channel.
XMR ready to pop stay above 120.50 target 205.00 Great DCA areasNot financial advice.
Chart pretty self explanatory.
We stay above the trendline of 120.50 we can have a target in mind of 205.00 and beyond.
RSI looks great on weekly.
Fisher looks good.
3 day itching for a breakout.
Took liquidity at 127.00 to knock out low of flash crash from all time high
Remember DYOR
#PIK
Patience is Key
#TLAW
Think Like A Whale
Like and follow
XMRUSD ❕ trading between zonesMonero trades between a resistance zone and a support zone, under liquidity.
On the 1H Timeframe, 50EMA and 200EMA form a "cross of death" pattern.
I expect a fall if the price fixes below the support level. Further movement will depend on price reaction to the support zone.
XMR Missing Corrective waveWe still lack one more leg down before fufilling larger scale wxy on Elliott wave. Good entry for short here. On the smaller fractal of WXY we're just missing that X leg.
XMR ScalpAppears to be in a three drive pattern on a short term trade. If you like to scalp then you could probably consider this one. Show me some love if I make you some money
Rising wedge and Head and shoulders pattern in MONEROPossibility of approving the head and shoulder pattern for XMRUSDT
XMR: Channel DownMonero (XMR) technical analysis:
Trade setup : Price is trading in a Channel Down pattern. It rebounded from Support zone ($125-130) and reached stiff resistance area near $150. This is a critical level. Price is likely to get rejected here, but if it’s able to break through, it could revisit $175 thereafter.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $125-130, then $100. The nearest Resistance Zone is $150, then $175, and $200.
