long MONERO$XMR is bouncing off the support level. Bullish movement to the resistance level at 243$ is likely to happen.
XMRUSDT trade ideas
XMRUSDT UPDATEMonero multi timeframe price action analysis - waiting for a third push into HTF supply before looking for valid short entries on the LTF.
XMR breakout Ascending wedge 🤓✅✅✅🤓Hi dear traders
Price breakout descending wedge, now can rise to near 230$ resistance as target.
Otherwise go down to support area specified.
This is not financial advice ( DYOR )
Good luck.
Monero Completing Potential Zigzag Elliott Wave PatternXMR looks like it is completing a potential zigzag where wave-c is only about 62% of wave-a. This implies that the entire zigzag should get retraced and we should see a powerful move to new all time highs.
Wave-c is also a potential terminal impulse which means it should be retraced very quickly. To confirm the terminal impulse we must retrace all of wave-c faster than it was formed, and it will likely happen in less than 25% of the time of wave-c.
We've already slightly broken the 0-b trendline so if this gets some follow through we could see a fast move up to new all time highs.
The timing of all waves is virtually perfect and basically all rules are followed from a price, time and structure perspective.
This comes at a time of extremely heightened privacy concerns regarding sanctions targeting Russian crypto addresses and Canadian asset seizures targeting vaccine mandate protestors. Monero is the oldest and most trusted privacy coin, as well as the most liquid and most widely used in dark net commerce so it has several advantages, especially for larger entities like Russian elites who want to avoid sanctions. Based on this I have a feeling XMR could do well at least in the short-term but potentially in the longer-term as well.
There's also very large bullish momentum divergences forming that indicate a large move to the upside could be happening soon.
Potential targets depend on how quickly wave-c and the entire zigzag are retraced. It's possible that this is a triangle wave-c instead of a terminal, meaning it would be followed by a d-wave, though this seems unlikely. If we a get a wave-d then it won't break all time highs and wave-c likely won't be retraced faster than it was formed. If we get a fast retracement then this should go to around 3k at minimum, but depending on the long-term could even go as high as 20-100k in a few years.
XMR more upside likelyWeekly failed to make a higher swing high. Daily did.
However candles aren't like a swing failure and look more like engineered liquidity above.
Price currently in discount region with a 4h bullish sfp. Quite promising, but the safer approach would be to wait for the next daily higher low.
XMR one of the hottest coins nowDue to its privacy characteristics, XMR Monero is one of the hottest cryptocurrencies to own right now.
I expect the support to hold a from which it can bounce to the $287 resistance.
Looking forward to read your opinion about it.
XMR is getting closer to perfect buy zone!!!!!!! (Not-Trade-Advice)
Hello guys, as the bad movements of the market lately XMR is staying strong like a solid rock. As you see on the chart it had break its descending triangle and got supported on the upper trend line of the formation itself.
On the daily chart there must be a support of the daily 200ma price about 204-208$ and it will be our buy zone. For fib levels; those prices are in golden pocket zone. That means with 200ma and golden pocket supports gonna
give XMR a good opportunity for Long Positions.
I wrote Stop-lose and take profit prices. They are situational but i dont think they will be changed too much. I'll update my analysis.
See you soon
(Not-Trade-Advice)
XMRUSDT - 4h Long Signal💡💡#SIGNAL💡💡
XMR / USDT
▶️ BUY NOW + Block
🔴 SLT - 4h (Trigger)
#XMRUSDT_4h_290422
$XMR/USDT 3h (#BinanceFutures) Falling wedge breakout and retestMonero is pulling back to 200MA support and looks good for a bounce after and resume bullish.
Current Price= 243.55
Buy Entry= 244.15 - 238.15
Take Profit= 261.12 | 276.36 | 295.61
Stop Loss= 225.11
Risk/Reward= 1:1.25 | 1:2.2 | 1:3.4
Expected Profit= +24.84% | +43.80% | +67.74%
Possible Loss= -19.95%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 3x
Estimated Gain-time= 2 weeks
Tags: #XMR #XMRUSDT #PoW #Mining #Privacy #Blockchain #Bytecoin #Hardfork
Website: getmonero.org
Contracts:
#Mainnet
#Secret secret19ungtd2c7srftqdwgq0dspwvrw63dhu79qxv88
XMR/USD Main trend (part). A cup with a handle is formingThis idea is just an update of the previous closed trading ideas of the main trend (to understand what is happening) and the secondary trend (to work) for 2020. I updated, so to speak, after reaching the goals of 480.18 Linear chart specifically to remove "market noise" (squeezes).
The main trend (part). A cup with a handle is forming. The cup with the base of almost 1000%. After reaching the level of $480 a pullback (formation of a classic TA handle to this huge cup) takes place.
It is rational to enter the market on a breakdown or pullback after the breakdown of the descending secondary trend (purple), which is also a resistance of the handle to the cup. Another option is to dial in portions from the support level zones by martingale, on a reversal on the underlying can also be on the breakdown of the pyramid. In very hard times for very fat wallets will show great profits in the moment...
It's worth recalling that the monero (XMR) refers to "anonymous cryptocurrency" in the crypto community. Remember where the founder of this cryptocurrency rested for a long period of time and where he is now. Therefore, we can put a point on anonymity (large amounts).
I am sure in connection with recent events in the world and the destruction of the finances of Russian oligarchs and not only this cryptocurrency will be actively used in 2022.
The liquidity is not comparable to BTC and ETH, so the price can significantly swing at a moment's notice by the cornered.
My previous trading idea for this cryptocurrency:
XMR/USDT Main Trend (long term)
From and to. 118.666 - 480.18
XMR/USDT Local work. Channel. Pivot area
$XMR Pullback LevelsSimple levels here for $XMR. Nuts run this past month or two, harsh pullback, but expected at some point.
XMRUSDT D1: 100% gains XABCD BEST LEVEL TO BUY(SL/TP)(NEW)Why get subbed to me on Tradingview?
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XMRUSDT D1: 100% gains XABCD BEST LEVEL TO BUY(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: always do your own due dill.
not financial advice.
🔸 Summary and potential trade setup
::: XMRUSDT D1/candle chart review
::: new setup based on XABCD patter
::: still great setup for 100% gains
::: updated / revised / more realistic scenario
::: break below current monthly low
::: expect actual low point C at 168 USD
::: at point C / so it's cycle low soon
::: speculative XABCD setup in progress
::: BULLS BUY CS / after correction
::: from my level TP +100% gains
::: this is BUY/HOLD setup
::: patient traders only
::: not for gamblers
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +100% gains USD
::: details: see chart
::: FINAL TP +100% gains point D
::: recommended strategy: BUY/HOLD
::: SWING TRADE: BUY/HOLD IT 168 USD
::: final TP BULLS is 370-380 USD
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/PUMP/point D
::: Sentiment short-term: BEARS/PULLBACK/point C
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
XMRUSDTPERP SHORT#XMR is ready for a retest!
SHORT area 245-255 (or when the trendline breaks)
TARGETS
TP 1 - 230.36
TP 2 - 211.53
TP 3 - 196.31
TP 4 - 181.09
SL: 261
Use low leverage and 1-3% your port only. HAPPY TRADING!
#TAYOR
Keeping it as simple as that :P MoneroWe keep it simple as that , Breaking trend line , we go down. Till we find our support zone , Using Supply & Demand and SFP :)
Simple as that.
MONERO Trade Setup>>>>>>>>>>>>>>>>>Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
By temporary sales pressure decreases,
We have a short-term trading opportunity setup.
All thing's we need bring on the chart.
This is not financial advise.
PLZ DYOR.
With hopping success>>>>>>>>>>>>>>
55% up, 45 % downAfter the strong reversal correlated with Bitcoin today, we're looking for:
- a consolidation above S and his re-test for a long opportuniy.
- a breakdown of violet trending channel, the support at 226.4 and his re-test for a short opportunity.
Correlation with Bitcoin not to consider since XMR still little correlated.
MONERO (XMR) For anyone buggin' about not hittin' that lick...As you can see from my hourly Monero TA (if you can excuse all the insanity, this is my most looked at and edited chart), we are at the very low end of the RSI spectrum, coupled with a very steep drop from our cataclysmic rise several days ago. This is a PERFECT long position to be in for anyone like myself who just did a beautiful short/long flip in my futures.
Weeeeeeeeeee.
♠️🤫🐿
XMR/USDT : Breaking below the channel !BINANCE:XMRUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$XMR has formed an ascending channel and now it's breaking below the formed channel.
Based on the current volatility of the market; We might have more false break-out or rejections!
So in that term, I just marked an S/R line on $245, Which is going to give us the Short trigger after a close below and we can have our Short on the proper retest of mentioned line.
I would adjust a secondary for those who trying to have passive trades :
Trading setup :
🔻 Entry Pointes : $250 - $255 - $260
📍Targets : $241 - $233 - $217 - $206 - $190
🟥 Overall stop-loss : $285
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
