XMRUSDT LONGXMR is bullish.... on the daily timeframe market is in strong uptrend and has recently broke above the previous daily high with a strong impulse to the upside which has now been followed by a nice correction. The correction has hit the 0.618 fibonacci which also aligns nicely with structure, now im expecting to see the continuation to the upside. On the 4hr timeframe market has also just broke above the previous low and formed a new higher high, we can execute our long on the retest of this zone.
XMRUST trade ideas
XMRUSDT - 1 HXMR looking good here, we have a possible ascending triangle on the 1 H chart.
We need to break horizontal resistance to confirm this.
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XMRUSD Bouncing off Key zonesXMR is bouncing off the previous highs here.
We also have a volume node concentration around these zones. Will look for a hold of this range for a pullback into 490-95 areas and higher
Rebote a la media para seguir subiendotanto el analisis tecnico como el fundamental estan indicando una entrada en esta crypto
XRMUSDT movement in the ascending channel.As we can see XRMUSDT has been moving in an ascending channel for a month and is not going to slow down. This trend will continue until the price breaks the channel up or down. For now, the price is approaching the support level of $ 450. Since the price bounced off it many times, it is possible that it will rebound even now, but a breakdown of the level is also possible. If it bounces, you can take it.
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XRMUSDT movement in the ascending channel.As we can see XRMUSDT has been moving in an ascending channel for a month and is not going to slow down. This trend will continue until the price breaks the channel up or down. For now, the price is approaching the support level of $ 450. Since the price bounced off it many times, it is possible that it will rebound even now, but a breakdown of the level is also possible. If it bounces, you can take it.
If you like the idea, subscribe and like it.
Good luck and big profits.
Long on retestOn the daily chart you can see Moneros price currently has a strong correlation to the relative strength of Bitcoin. As of now Bitcoin is heading for a strong resistance zone 57500 were I think there will be another bounce and test of the 59000 area where I will be waiting for a high volume breakout of the wedge. I think this is pretty unlikely for BTC right now however an entry on the retest puts us in decent long position should it fail and if it does succeed I see no reason why Monero wont be on route to 520+ again. This is not financial advice posting for learning purposes, keeping a log of the thought process behind my trades to better my analysis in future. Let me know what you think, safe trading!
Bullish pennantStop loss is a must, BTC is not looking too strong right now be careful of a dump. Personally I will wait and see if BTC can hold its wedge in the coming hours. Let me know what you think, posting for learning purposes DYOR.
XMR longsxmr found support and broke counter trendline, expecting bullish momentum to come back to the 500s
Monero UP UPMonero Making a large move in this coming week.
Im long on XMR.
If we don't break out of this flag we can see resistance/buy zone around $420-$430
