XMR Key PointWatch XMR as it approaches the previous upper candle wick and the MA200. Lots of possibilities, though a rejection is the safest bet. Tight stop loss right above MA200.
XMRUST trade ideas
XMRUSDT | LONG ON BREAKOUTMONERO has been trading with in a rising wedge from last 3 weeks.
The price has now broken above the wedge
The price is currently trading near the falling horizontal resistance.
The bulls need to break above the horizontal resistance to get complete control.
Manage your trades accordingly.
XMRUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
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: ~99 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3.5
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.
XMRUSDT | SETUPXMRUSDT has been trading in a channel.
The price has continuously getting rejection from upper boundary of channel.
The price is now approaching to the resistance zone.
Manage your trades accordingly.
🔥 XMR: Waiting For The Perfect TradeOver the course of 1.5 years, XMR has been trading bearish inside this well-defined bearish channel. All touches on the top resistance have been sold, all touches on the bottom support have been bought.
There's little volatility in XMR ever since the bottom of June 18th (6 months ago), so there's little reason to scout for longer-term entries.
I'm currently in a mode of patience. Set alarms for when the price hits either the resistance or support and wait for the alarm to hit. By then we can decide whether it's a good time to enter or not.
Targets are the middle two dotted trend lines.
XMRUSDT wants the 4h Demand Zone?
The price is testing the dynamic resistance on 0.382 Fibonacci level after the breakout from the dynamic daily resistance
How to approach it?
IF the price is going to grab new liquidity and create a new bearish impulse, 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.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
XMRUSDbig potential zone here tbh also
bouncing off 2019-2020 resistance level
this thing is worth more now than it was in 2019 for obvious reasons
(privacy govmnt narrative) (storeovvaluevsinflationnarrative)
also its a dino coin so serves to show longevity of network existence whihc most projects cant do, makes it more likely to get adopted to a higher valuation sooner imo
another relative underperformer in 2021
Short XMR
In 4H TF, XMR broke the trendline with a big drop of ~ 10% on . Now it is consolidating right below this trendline.
It's expected that the drop will resume because in higer TF (2D), the volume indicator MFI has just broken its trendline. This means that selling pressure continue to increase.
For this HTF view, please see the below screen-shot:
XMR Showing Significant WeaknessBYBIT:XMRUSDT.P
XMR has shown significant weakness in the last week.
- Breakdown of ASCENDING WEDGE
- Could not hold .618 Fib level
- TSI (True Strength Index) crossing indicating continuation of the downtrend
- CCI is in the oversold area however we believe the trend will continue
Stop Loss: above $134.35
Take Profit 1: $129.20
Take Profit 2: 127.45
XMR EITHER ORSome areas of significance on the daily timeframe for XMR I will be looking to long from 97.8 and short from 178.7
XMRUSD: Hourly Cup With HandleWe have a promising looking Cup with Handle here on XMR's Hourly Charts, so long as we can hold above support here i would hope to see price reach the 0.786-0.886 retrace by the end of next week.
XMRUSDT | CONVERGING...XMRUSDT has been trading in a ascending triangle. The price is converging. Now price is approaching to upper side of triangle. We are expecting a bullish breakout above the triangle. However, the price is making higher lows but is unable to make higher highs since the appearance of bullish divergence . Indicating converging of price and breakout is near.
The bulls need to break above the triangle, While bears will be in control below the falling resistance.
Manage your trades accordingly.
XMRVery simple ... Very clear!
Everything is marked on the chart.
This is my personal opinion. Please do not trade based on my analysis and data.
#Monero Rally 15%, XMR Liquidation Level at $140Past Performance of Monero
Monero plunged 32 percent from H2 2022 highs. However, losses were temporary as prices bounced to spot rates, looking at the performance in the daily chart. Technically, buyers have a chance from a top-down analysis. Notably, XMR has support at around $115, coinciding with the 78.6 percent Fibonacci retracement level of the H2 2022 range.
#Monero Technical Analysis
Monero is within a bear breakout formation. Currently, XMR is within the November 9 bear candlestick but is relatively higher, gaining 15 percent from last week's lows. Aggressive traders may aim to fade the trend as long as prices are above $115. Ideal entries for buyers to double down would be available once buyers push above $140, preferably with rising volumes. If not, conservative traders would look for shorts once prices drop below $115 and the current bear flag with equally high volumes, confirming losses of November 9. In that case, XMR may shrink to $100.
What to Expect from #XMR?
The coin is weighed by fundamental factors. Therefore, recovery is subject to the overall market conditions. Any surge above $140 nullifies the present preview, allowing bulls to blossom to H2 2022 highs.
Resistance level to watch out for: $140
Support level to watch out for: $115
Disclaimer: Opinions expressed are not investment advice. Do your research.
XMR/USDT 1DAY UPDATE BY CRYPTO SANDERS !Hello, welcome to this XMR/USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-Monero (XMR) was closing in on a one-week high on Thursday, as market volatility eased a week on from the FTX collapse.
XMR/USD raced to an intraday high of $132.97 in today’s session, which comes a day after trading at a low of $127.09.
Today’s move saw monero hit its highest point since last Friday, and it is now marginally below a ceiling of $133.50.
Looking at the chart, earlier gains have somewhat eased, as traders became nervous the closer price moved to this ceiling.
The 14-day relative strength index (RSI) also collided with a key resistance level of 43.00, and as of writing is tracking at 42.09.
Should bulls intend to move prices above $133.50, this ceiling of 43.00 will need to be broken first.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Monero XMR price is preparing for long-term growthMonero is an old-school bastion of anonymity in the crypto world that has survived and is in demand. Because its "friends in the shop" from the first generation of altcoins DASH and ZEC are hopelessly depreciating, although they were once much more popular and expensive than XMR
Sooner or later, the cryptocurrency market will be regulated, and for holders of the XMR coin, its presence will be like a breath of fresh and anonymous air of the "truth cryptan")
If we look at the global price chart of XMRUSDT on the weekly timeframe, we will see that the price has been consolidating in the form of a triangle for more than 5 years since 2017.
Now the price has hit the lower boundary.
Also, the price of XMRUSD has not updated the June 2022 low, while the price of BTC and many other altcoins have recently updated their 2022 lows.
Summing up, we believe that keeping at least 1 XMR in your long-term investment portfolio is a matter of honor and devotion to the creators of the anonymous crypto world.
Sooner or later, the time will come when you can sell your Monero for $4000+ .
_____________________
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Back Test of Support - See Previous Post Here Check the chart. See previous chat idea below.
Back test idea played out.
Load up.
XMRUSDT wants the pullback?
the price is trying to grab new liquidity from the daily demand zone in order to create a new pullback
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Bull Flag Zoomed In / Bull Flag Zoomed OutZoom in bull flag.
Zoom out bull flag.
Identical patterns shaping up right now both on hourly and zoomed out weekly.
Ripped
Retraced
Rip again
XMRUSDT needs to hold the support
The price had a false breakout from the dynamic daily resistance and now the market is testing the local demand zone.
How to approach it?
IF the price is going to have a breakdown from it and retest the current support 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.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
XMRUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 195 and ~250
after first target reached move ur stop to breakeven
Stop: ~99 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
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.
Monero (XMR) Price Prediction 2022Monero (XMR) Price Prediction 2022
Monero (XMR) holds the 29th position on CoinGecko right now. XMR price prediction 2022 is explained below with a daily time frame.
The above chart of Monero (XMR) laid out the symmetric triangle pattern. A symmetric triangle pattern is formed by two converging trendlines. In this pattern the upper trendline of the triangle connects the highs. Lower trendline of the triangle connects the lows.
Currently, Monero (XMR) is in the range of $155.1. If the pattern continues, the price of XMR might reach the resistance levels of $158.9, $166.4 and $172.7. If the trend reverses, then the price of XMR may fall to $139.6 and $133.7.
Monero (XMR) Support and Resistance Levels
Resistance Level 1 $170.4
Resistance Level 2 $210.2
Resistance Level 3 $255.4
Support Level 1 $139.9
Support Level 2 $104.3
Happy Trading
XMR stalling at MA200XMR and ETH are in the same position right now. If either can break through, it would be XMR, but I doubt it still.
