XMR - Monero is weak☠️Reasons to take short:
⭐️ Today BTC futures exprire, I expect trend reversal for BTC
⭐️ Trendline 8 days long
⭐️ Trendline is clean
⭐️ Price is squeezing to the trendline
⭐️ 4th touch
⭐️ 22 ATR
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
XMRUSDT trade ideas
5 days AVWAPWhen MA are telling that it is a bear market, but I trust AVWAP (5days) which gives me a good entry point.
I’ve been trying AVWAP for 2 months and has given me 489% growth with a 1.83 profit factor.
I am confirming my entries with
- Fibo
- Candle pattern
- Elliot
- AVWAP
- Volume and SMA
Is anyone using similar combination for confirmation.
Am open to have your questions and comments.
$XMR btc pair looks ready to pop
missed the $96 buy this bubba may just fly to $175 area
weekend may get a dip to buy in for now just observing
XMR🔵leverage -----> ×20
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🔴Stop Loss ------» 123
⚪Entry price -----» 117
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🟢targets
TP1 -------> 🟢
TP2 -------> 🟢
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risk rate (+3:1-)
⚜️ Good luck everyone ⚜️
#Monero may Rally another 17% if XMR Bulls Break $120Past Performance of Monero
Monero prices are floating higher, rising with the crypto tide. It is up five percent in the last trading day, bottoming up from the 2022 lows. Technically, buyers are steady, and prices are consolidating within a $20 zone. The immediate support is $100, while resistance is $120. As prices edge higher, a break above this liquidation level at $120 may spark more demand, fast-tracking the expansion of XMR prices in subsequent sessions.
#Monero Technical Analysis
Traders appear confident, reading from the formation in the daily chart. Sellers remain in charge from a top-down analysis since resistance is at $120. If bulls build on gains of June 19, a close above $120 may draw in more buyers targeting $140. This is the 78.6 percent Fibonacci retracement level and May 2022 lows of the April to June 2022 trade range. Still, bears would be back in the picture if prices pullback from spot levels to below $100 with rising trading volumes.
What to Expect from #XMR?
Monero is rising as trading sentiment shifts. Gains above $120 may see the coin add more than 25 percent to a critical reaction point in the short term. Nonetheless, XMR sellers are in control from an Effort versus Results perspective.
Resistance level to watch out for: $120
Support level to watch out for: $100
Disclaimer: Opinions expressed are not investment advice. Do your research.
XMR shortPlease provide a meaningful and detailed description of your analysis and prediction. Walk us through your thought process. Put yourself in the reader's shoes and see if you would understand the context based on what you wrote. Clearly stated profit targets and stop loss areas help clarify any trade ideas:
Monero is going down because my subjective trendlines say so.
XMR/USDTXMR / USDT
Missing bottom channel support.
It is expected to fall around $ 57 after returning to lost support.
#XMR #XMRUSDT #BTC #BTCUSD #LUNA #LUNC #UST
Monero (XMR) - June 16hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(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.
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** 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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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
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
XMRUSDTDue to the loss of dynamic support, if static support is also lost, the price can fall more sharply.
XMRThe price fell to the lower border of the channel. Perhaps the formation of a pin bar - a reversal candle. Breaking the channel down can lower the price to the level of $160
XMRUSDT🔥XRM is trading near the support zone of $ 178 and is going to break support.
Approximate plan:
Entrance 178$
Take profit 155$
✅Do not forget to visit the channel there is a lot of useful information about trading.
CONSOLIDATION, FIB GOLDEN RATIO (0.618), 200 MA supportconsolidation, fib golden ratio (0.618), 200 moving avarage support
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
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.
XMRUSDT SHORTHello my friends , xmr showing the double top pattern in DAILY TIMEFRAME , so here is the level xmr possibily can reach !
not financial advice
XMR 1hThe price is again trying to break through the downtrend line - a strong resistance level. Breaking through the level will raise the price to 100 MA
XMR Monero riseMultiple channels have confluence of resistance at 225-228 that price will likely meet if CCI breakouts of its downward trend soon.
Inverse head and shoulders printing with a measured move to 246.
SIMPLE Idea on XMRXMR is on MACRO down trend. You can take advantage of the short pull back to the upside, as the price is more likely to continue with the downtrend. This is backed by double top price rejection and RSI divergence on the daily Timeframe. Checking on other charts like Binance, This area is also confluence with 200 EMA with acts as strong resistance. Price has challenged this and failed to break through.
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)
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