XMRUST trade ideas
XMRUSDT | APPROACHED TO BULLS ZONEXMRUSDT has been trading with in a range. The price has now again approached to a strong bulls zone.
Previously too the bulls get control from same zone.
Bullish candles formation on support zone will conform the bulls control at mentioned zone.
Manage your trades accordingly.
Falling Wedge: Monero (XMR)XMR (Monero) is exhibiting a strong falling wedge pattern. Falling wedges are typically textbook bullish continuations, so from here we can reasonably expect more upside after the price finishes bouncing within the wedge's support and resistance band. Look to take position upon breach of resistance and ride the markup to the 1.618% Fibonacci extension. Invalidate any pullback that breaches lower support with increased supply volume.
*Be sure to subscribe for more easy-to-follow charts with win ratios averaging between 80-85% in hitting the profit zones. I've been swing trading crypto fulltime since 2017 and handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons. Check out my past charts, see all the wins for yourself, then come join us!
**Not financial advice. Always DYOR and trade at your own risk.
XMR The price has formed a symmetrical triangle and is trying to break through the daily 50MA/EMA. Many bearish divergences indicate a possible price rebound to the lower border of the pattern. Price will rise to the daily 100 MA/EMA in a bullish scenario
💡Don't miss the great buy opportunity in XMRUSD @moneroTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (144.8).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 148.8
TP2= @ 153.3
TP3= @ 157.1
TP4= @ 161.3
TP5= @ 164.0
SL= Break below S2
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💡Don't miss the great buy opportunity in XMRUSD @moneroTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (144.8).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 148.8
TP2= @ 153.3
TP3= @ 157.1
TP4= @ 161.3
TP5= @ 164.0
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
#Monero up 47% from 2022 Lows, Primary Support at $135Past Performance of Monero
At spot rates, Monero prices flow in favor of sellers. The coin has more than halved from April highs, reading from the XMRUSDT price performance in the daily chart. Albeit expectation of XMR turning the corner in the sessions ahead, traders may liquidate on pullbacks below $155, or last week's highs, targeting immediate support levels marking September 2022 lows.
#Monero Technical Analysis
The daily chart shows Monero is bearish, and prices are in a descending channel. On the upper end, there are two critical resistance lines at $155 and $165 that buyers must break for the trend to shift. On the lower end, Monero has support at $135, flashing with September 2022 lows and the 50 percent Fibonacci retracement level of the June to August 2022 range. Considering the many points this support line flashes with, XMR prices must trend above it. If not, it may signal weakness, and bears can trade with the emerging trend in a bear breakout, targeting $110 in the medium term.
What to Expect from #XMR?
Monero is up 47 percent from June 2022 lows but is currently unable to contain bears, evident in the daily chart. For the uptrend to be sustained, XMR must hold above September 2022 lows—or, in the immediate term, reverse and surge above $155. In both cases, the first target will be $165 and August 2022 highs.
Resistance level to watch out for: $155
Support level to watch out for: $135
Disclaimer: Opinions expressed are not investment advice. Do your research.
XMR/USDT - SHORT----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ XMR/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 143.05 - 100.0% (63.64626 USDT)
Take-Profit Orders:
1) 140.62 - 80.0%
2) 138.62 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
XMRusdt proboiXMRUSDT potential proboi of resistance level
important to watch out for newly created support level below the bottom white line to hide SL there.
071022
32.6% Profit; XMR32.6% profit just in stage 2
TP1: 147 ✅
TP2: 151 ✅
10.87% (1x), 21.73% (2x), 32.6% (3x) 😍👍
See my previous idea!
Follow me! Copy my trades!
TradeSetup_Reza
XMRUSDT | RISING SUPPORT BROKENXMRUSDT has broken below the rising support.
The rising support will now act as resistance.
The price has trading at horizontal support and 200MA too confluence .
The price may retest the broken support before a major fall.
Manage your levels accordingly.
XMR/USDT - SHORT SMALL PROFIT BUT SURE----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ XMR/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 141.2 - 100.0% (48.98652 USDT)
Take-Profit Orders:
1) 137.9 - 80.0%
2) 133.12 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
XMRUSDT | BUY ON BREAKOUTXMRUSDT has been trading in a symmetrical triangle.
The price has been with in a triangle.
The price has approached to upper side of triangle
We are expecting a bullish breakout above the triangle.
The bulls need to break above the triangle, While bears will be in control below the falling resistance.
Manage your trades accordingly.
XMRUSDT Long SignalThis privacy focused coin is showing short term confirmation that’s about to expand to higher time frames and is about to reach the targets in upcomming weeks, i am bullish on XMRUSDT. My setup for it is as follows:
ENTRY: 116 - 139
OneTime Entry: 133
Short Term: 144 - 147 - 156 - 176 - 210 - 219
Mid Term: 255 - 305 - 360 - 470 - 530 - 584
STOP LOSS: 104 (Trailing to 96)
Please be aware with your money. Good luck!
XMRUSDT falling wedge on the supportThe price is testing the 4h support inside a falling wedge.
The 128$ area is a key level for the market.
How to approach it?
IF the price is going to have breakout, 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.
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Follow the Shrimp 🦐
XMR good chart and nice for profitableMonero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. Even though it’s commonly thought that BTC can conceal a person’s identity, it’s often easy to trace payments back to their original source because blockchains are transparent. On the other hand, XMR is designed to obscure senders and recipients alike through the use of advanced cryptography.
The team behind Monero say privacy and security are their biggest priorities, with ease of use and efficiency coming second. It aims to provide protection to all users — irrespective of how technologically competent they are.
Overall, XMR aims to allow payments to be made quickly and inexpensively without fear of censorship.
Buy setup
Entry : 119 - 143
SL : 102.1
TP1: 147
TP2: 151
TP3: 156
TP4: 162
TP5: 170
TP6: 180
TP7: 195
TP8: 215
TP9: 235
TP10:265
TP11: 290
TP12: 320
TP13: 355
TP14: 390
TP15: 430
TP16: 470
TP17: 500
Spot or Future (1x, 2x, or 3x)
Run and keep it enjoy!
Follow me! Copy my trade!
TradeSetup_Reza
XMR in an Accumulation Zone(Flag Formation)Important Fibonacci Levels:
-100
-117
-130
-138
-146
-157
-175
XMR/USDTXMR/USDT
It is in a descending channel.
It is involved in the support of 125 dollars.
This support has weakened enough that it is too likely to be lost
Targets are available.
#XMRUSDT #XMR #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT