XMRUSDT trade ideas
XMR-1D Chart [Fib]Today Monero has caught my attention due to the numerous "Fud" from the feds and disinfo from influencers led to me telling myself maybe it is time for privacy assets to get moonshot!
Back to the chart, XMR has yet to correct a little more to form an unconfirmed ( for now ) pennant if confirmed it should be followed by a massive impulse wave leading it
~320$USD and correct ~290$USD and then pushing back up ~380$USD .
time cycles shows that we currently are in an uptrend and that next critical level should be in ~2 weeks. circles tells us we just broke out of its previous level so expect consolidation soon.
If you wanna know more in detail just comment in the section below
or DM me if you want to suggest a particular chart for next time.
***DON'T FORGET TO DYOR, my charts should be taken lightly and used as a data point along with many others***
Monero's "consolidation" shows untapped potential! <XMR/USDT>The trend breaks are fueling the potential of this coin. Support level untested at a clean 250.
XMRUSDT Waiting for the Resistance zone Breakout!XMRUSDT Technical analysis Update
XMR/USDT currently trading at $249
Waiting for the resistance Breakout
Buy level : Above $251.00
Stop loss: $237.00
TP1: $260
TP2: $270
TP3: $281
TP4: $290
Max Leverage 2x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
XMR/USDT bearish signs — XMR DOWNMonero is up +36% from last swing low, now making correction to previous swing and I am expecting price to reach zone of 240 before breaking down towards 210-s
Best regards
Artem Shevelev
XMR looking promising to those who shall not be identified Even with all the crypto turmoil around XMR' s chart shows a distinguished opportunity for upwards potential.
Looking ahead there are two pieces that will corroborate the bullish short term for XMR:
-The daily trend line. Already proved very powerful when broken- as it should
-Weekly level closed last week. This should support the move to push the final piece of the move.
XMRUSDT🌟this alt has a great potential to give profit to holders
🌟if you take a good look at its fluctuations you will find out the sequence is repeating itself and therefore you can follow the rhythm of the chart
👉This idea has the confirmation of "advanced price action" 👍
👉For more information don't be shy and get in private chat of trading view 👍
👉Hit share and spread the information in public chats or your twitter for everybody to get profit 👍
XMRUSDT facing strong resistance, supp trend faced multiple timeThe supporting trendline has been touching multiple times, if it couldn't close above Tenkan on a 1hr TF, we're expecting a continuation of a downtrend. on a 4hr TF, MACD and TDI have crossed.
Area of Resistance
227.75
224.80
Area of Support
206.10
203.37
XMRUSDT is creating a pennant 🦐XMRUSDT is creating a pennant on weekly support. We need to wait the next move.IF the price will lose the weekly support we can see a bearish impulse
According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Points of Interest for Monero #XMRMain support and resistance levels showing potential lows and accumulation demand levels.
Wink for a friendHi,
Here is a possible long trade for XMR on the 4H. Maybe...
An ascending triangle has formed. With a lower highs and nearly flat top.
On the 1H, the RSI is above 50. it has bounce on it recently (06.07.2021, 01h00).
On the 4H, the RSI is also above 50. Relatively neutral. I see higher high and lower high on the RSI (Maybe it is a sign of bullishness)
Stoch is also bullish on the 4H, just cross up.
I think it can be a possibility to buy around the trend line, joining the lows.
This is not financial advise.
XMR volatility coming soon to an exchange near you!
Monero currently in an ascending triangle, given current downtrend the expectation is for this to be a consolidation period before proceeding downwards
Possible upside movement should be accounted for
Either way, wait for a breakout to either side with a safe SL just under broken trendline
Set TP at 50$ deviation from broken trendline (Derived from measuring triangle at widest point)
Next levels - XMRIn Orange ball, untapped supply zone
Grey box, strong resistance,
Black line, descending trendline
🆓Monero (XMR) July-7 #XMR $XMRXMR just broke out of the $220 resistance area and is heading towards the $270 and $360 areas. However, if the selling comes back and makes it lose the $220 area, it will fall back to the $180 zone
📈BUY
🔴Buy : 215-225$. SL if B
🔴Buy : 265-275$ if A. SL if B
📉SELL
🔴Sell : 265-275$. SL if A
🔴Sell : 355-365$. SL if A
♻️BACK-UP
🔵Sell : 215-225$ if B. SL if A
🔵Buy : 176-184$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
XMRUSDT Might Be at the beginning of an Uptrend @monero
Welcome back Traders, Investors, and Community!
Hi Traders, XMRUSDT has broken above the major Resistance, however the market is ranging now and I guess we would have a retracement at around 199.27 before we start a new uptrend. The price also may go back all the way down to retest the Resistance before it goes up.
⬆️Buy now or Buy at 199.27
⭕️SL @ 182.99
✅TP1 @ 222.66
✅TP2 @ 244.05
✅TP3 @ 274.92
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day