XMRBTC trade ideas
XMRBTC breaking .236 long term fib. See ya @ .011 btc per moneroBullish on this for many reason for the next couple of years and beyond.
Should be the most stable and increasing BTC pair from this moment forward. Top privacy tech, team, and community. We all know this.
Angle of ascent increasing. (Blue Teal Line)
Could drop and re-test long term support, but still mad bullish.
Welcome to the big show!
Monero (XMR) Looking Strong (400%+ Targets)Monero (XMRBTC) is looking strong right now... Let's have a look at the chart.
First, we are looking at the weekly timeframe.
We have the full chart for Monero vs Bitcoin on Binance and the signals here are really strong due to the timeframe.
Any altcoin trading pair moving above EMA10 and EMA50 daily is considered a strong bullish signal, when this happens weekly (W), we can say the bulls are in full control.
Additional growth can easily happen here for Monero.
The MACD is basically flat/consolidation above zero (bullish zone).
The RSI is very, very strong sitting at 61+.
We would consider the RSI to be strong/bullish on the weekly timeframe just above 40... So 60+ is very strong.
Prices are trading above the 0.236 Fib. extension level...
This level can work as support and is marked by a red rectangle and a blue dashed line.
- Above this level, we stay strongly bullish while aiming for the next target.
- If XMRBTC moves below it, we can expect some retrace before the next bullish jump.
In general, Monero is looking pretty good and is getting ready to grow.
Remember to hit LIKE if you want to see more.
Namaste.
XMR back on topSince the 14th of may a new trend emerged inculcating a bull run, this has been confirmed by the break in trend resistance on the on the 1st of july
and in the consistent MACD upwards trend from 14th of may to the 1st of july
meeting theses conditions in a bullish channel means we can defiantly see a test in the markets trend resistance from 2018 with a few more tests of within the channel.
Possible 20-30% gain within the following month.
XMRBTC can deliver us up to 35% profitXMRBTC is on a bullish formation on a long-term view.
We can expect a way up until 0,0104 satoshis.
buyzone is 7600-8100 satoshis.
stop if the crypto closes below 7400 on daily chart
FINANCIAL MOVE CRYPTO
XMRBTC is creating a bullflag below weekly resistance 🦐XMRBTC is creating a bullflag below weekly resistance, after a nice recover.
IF the price will break the weekly resistance According to Plancton's strategy, we can set a nice order
Weekly
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow 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 Plancton0618 strategy will trigger.
XMRBTC D1: BEST LEVEL / SHORT IT 20% gains possible(SL/TP)(NEW) Why get subbed to to me on Tradingview?
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XMRBTC D1: BEST LEVEL / SHORT IT 20% gains possible(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XMRBTC daily chart review/outlook
::: hit solid overhead resistance
::: distribution in progress
::: topped out now
::: BEARS will take over from that level
::: get ready to short it and get paid
::: TP1 bears is 6800 TP2 bears is 6500
::: chart currently transitioning into BEAR
::: mode so just adopt to new strategy
::: let's take it one step at a time though
::: recommended strategy: SHORT IT AT MARKET
::: TP1 18% gains TP2 24% gains
::: SHORT/HOLD setup / swing trade setup
::: for patient traders only / no fast gains here
::: re-test of 6800 required now to complete
::: the sequence for the BEARS
::: Just SHORT IT and you will get paid, period
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment outlook short-term: BULLS/RANGE
XMR/BTC (Testing Major Resistance)BINANCE: XMRBTC
-Monero still on an uptrend as the price recovers back above 8200 sat
-It is now testing major resistance area since July 2019
-Last August 21, it had a failed breakout and many Bulls got stopped out
-We need to be more cautious this time as the market is still not stable
-XMR needs to hold above 8300 for a couple of days to avoid fakeouts
-If we can see acceptance above the resistance area
-The chances we will see upside continuation will increase
-The targets are up to 10k sat or higher
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
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Is Monero about to start an upward movement?Hello traders,
Monero broke out an important long term downtrend line and it seems that formed a huge bottom formation on the weekly chart. I would give us an excellent trade opportunity it is able to close a weekly candle above our key level.
Please push like button and follow our profile on Tradingview.
XMRBTC - Long - Potential 14.94%XMRBTC - Long - Potential 14.94%
Entry - 7772
TP1- 8172
TP2- 8938
SL- 7396
Please comment with thoughts and how you get on.
If you like the idea, then hit like on the idea & support with a follow.
Good luck out there!
Monero AnalisisHello Tarders,
Monero seems that formed a bottom formation on the weekly chart. Tomorow we possibly will see the first weekly candlestick above an very importante key level.
For more analisis like this please push like buttom and follow us on Trading view.
XMRBTC double bottomand penetrated the weekly cloud. If rejected maybe breakout is delayed and price will go through the ichimoku twist. 2x potential. 6282 is strong support.
Wait for the breakout.
Monero Trading PlanHello Tarders,
Monero insists on keeping above this strong support. Adding to the fact that it broke a long-term downtrend straight and made an accumulation structure. Monero seems to be in a great buy zone.
