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XMRUSDT trade ideas

#XMR/USDT - Long - Potential 51.92%Monero's upcoming hardfork & network upgrade is being supported by binance. Usually results in a healthy pump in price as thousand of binance users recieve a notification. Any questions ask below. #XMR/USDT - Long - Potential 51.92% Exchanges: Huobi.pro, Binance, KuCoin Signal Type: Regular (Long) Entry Targets: 1) 165.2 - 100.0% Take-Profit Targets: 1) 174.20 - 33.333% 2) 204.30 - 33.333% 3) 252.7 - 33.333% Stop Targets: 1) 133.3 - 100.0% Trailing Configuration: Entry: Percentage (0.0%) Take-Profit: Percentage (1.0%) Stop: Breakeven - Trigger: Target (1)
XLong
by CryptoNicho
#Monero is up 68% in 2 Months, XMR Resistance at $170Past Performance of Monero Monero has been on an uptrend after bottoming in mid-June 2022. At the time of writing, XMR is up 68 percent from 2022 lows, and buyers have the upper hand. Even so, the stagnation of the past week is a concern for optimistic bulls. This is considering that prices failed to close above the May 2022 highs of around $215. Still, how prices react in the short to medium term depends on whether prices will print above $170 in the coming trading sessions. #Monero Technical Analysis From the daily chart, XMR has resistance at $170 and is within a rising channel. On the reverse side, primary support is marked by the 20-day moving average flexible line. While the uptrend is clear, there are concerns about lower lows versus the upper BB pointing to weakness. Although buyers can load the dips as long as prices are above $150 or August 1 lows, clear loading points are above $170. A close above this liquidation level, confirming gains on August 7, could propel Monero to $215 in a bull continuation formation. Conversely, deep breaks below the middle BB and $150 may trigger a sell-off, forcing XMR towards $130. What to Expect from #XMR? Buyers have the upper hand at spot rates. Still, there are hints of weakness following the retracement from last week's highs. On the bright side, buyers have the upper hand if prices are sustained above the middle BB and $150. Resistance level to watch out for: $170 Support level to watch out for: $150 Disclaimer: Opinions expressed are not investment advice. Do your research.
XLong
by Bitcoin_Analyzer
#XMR/USDT - Long - Potential 9.45%Quick scalp on monero use a breakeven SL with TP1 as a trigger. Solid bounce off converging moving averages. Ask any questions in the comments! #XMR/USDT - Long - Potential 9.45% Exchanges: Binance, Huobi.pro, KuCoin Signal Type: Regular (Long) Entry Targets: 1) 160.1 - 100.0% Take-Profit Targets: 1) 161.7 - 50.0% 2) 166.5 - 30.0% 3) 174.8 - 20.0% Stop Targets: 1) 152 - 100.0% Trailing Configuration: Take-Profit: Percentage (1.0%) Stop: Breakeven - Trigger: Target (1)
XLong
by CryptoNicho
1
XMRUSDT is in the consolidation phaseThe price bounced on the monthly support at 122$ where the market got liquidity to retest the weekly resistance on 154$ area. Now the price is in the consolidation phase below the weekly and daily resistance at 0.5 Fibonacci level How to approach it? IF the price is going to have a breakout and retest it as new resistance, 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 🦐
XLong
by InkyGrip
8
Giant Bull Flag on Monero's weekly timeframeWe can see a giant bull flag on Monero's weekly timeframe with of course an overshoot of the pole, according to the pole size without the overshoot the price targets could reach or exceed previous ATH of around 500$ depending on the breakout zone also coinciding with the completion of the giant cup and handle patern, if we were to take the overshoot into account, price targets could be around 720$. We also need to take into account that if BTC and the markets decided to head south as many expect/expected Monero can easily fall to the 70$ range all while staying in the bullish flag. Currently we are flirting with the median line of the descending channel acting as resistance.
XLong
by TrendlineNoob
XMR/USDT going for a breakoutHey guys, First time we are looking at XMR coin. We see that a possible breakout could happen, which would result the bullish movement. Our target is opened in green zone and stop is once we close 4hr candle below red zone. If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
XLong
by SwallowAcademy
17
XMR Could Be Bearish Movement - Cryptoz18❶ Warning Operations in the Blockchain or FX market represent a high risk. Cryptoz18 is a content creator who posts his ideas for viewers however he never provides an investment recommendation. I recommend to the reader a good risk management and knowledge regarding the environment. Thank you very much. ❷ Tutorials ➤ Here you can find a brief explanation of how the operations work in case you are interested in following them. ➤ Here you can find an explanation of how to track our ideas: ✔️ Our operations are taken with StopLoss and Take Profit of 15 minutes. However, we are looking to try and catch a 4H trend. So, once we touch the TPM according to your own analysis you should consider whether to close the trade or move StopLoss to entry. ❸ Summary First, I have to open my trades on Binance, if not then I don't have time. Sadly it took me a long time and a lot of the movement just happened, if it doesn't go back to that entry consider changing the setup settings. ❹ Operational Information • Entry price: 149.05 • StopLoss: 154.13 (Loss 3.41%) • TakeProfit Minimum: 142.25 (Win 4.56%) • Recommended margin: 5% of the Futures account • Recommended leverage: 1x. • Temporality: 15Min - 4H
Short
by Hi244me