XMRUSD Accumulation ZoneMonero is currently in an accumulation zone.
Good zone to buy long term.
With monetary privacy concerns over the next years, Monero seems to be a good
alternative to hedge agains CBDCs
Not Financial Advise.
XMRUSD trade ideas
xmrusd 16h bullish xabcd 75% gains buy/hold🔸Speculative bullish xabcd setup in Monero on 16 hour price chart. Advanced pattern setup,
since point C and D still require confirmation. Do not execute the trade at market now,
expecting pullback in April and then be ready to reload near point D below market price.
🔸The xabcd pattern is defined by point X at 126 usd, point A at 181 usd, point b at 139 usd,
point C at 173 usd and finally point D at 112 usd. This is an advanced pattern setup,
so naturally higher risk involved in trading it, so always do your own due dill and confirm
with other indicators / price action techniques.
🔸The recommended strategy for Monero bulls: Seek to buy low near point d after the pullback
is complete. best entry price near 114/116 usd and target is +75% gains. this is a buy/hold
swing trade setup so please do not expect miracle overnight gains. good luck!
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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Monero is going to surge Dear traders I wanna introduce our next hero xmrusd,as we see on the chart monero has broken daily resistant trend line and in 1h it has broken another resistant trend line so if you want to make money get on the train and enjoy bull candles.I think maybe It is the third wave of ascending.so I can see extraordinary targets for this star.
XMRUSD bullish accumulation? Yes!Monero chart is showing bullish accumulation.
Higher lows after higher lows.
We should see more upside soon.
We are bullish on Monero coin.
280$ is the target
Good luck
Bearish flag on downtrendBased on the observed chart patterns and my technical analysis, I strongly believe that XMR (Monero) is poised for a downtrend in the near future. Exercise caution and consider implementing risk management strategies when trading.
It looks like Toro wants to reach $500It looks like Monroe wants to get the 500 back
M onero is currently in a weekly bearish channel t hat it has reacted to three times. It seems that the daily support line can help Monero break out of this bearish channel. In this case, it can reach 500 dollars or even more.
Monero: 2 potential buy opportunities at this levelNot advice, jus sharing my thoughts on the what I see as a very good buy opportunity now and another chance to load u on a retrace.
Channel Bottom Hit - Long Position Executed | Monero XMRUSDTFollowing
We have hit the bottom of the trendline.
Long position triggered:
First Profit Target: 187.00 (previous high)
Second Profit Target: 195.00 (channel high)
Stop Loss: 115.00 (previous higher low)
Risk/Reward ratio: 3.78
Monero in a Bullish ChannelSimilar to KUCOIN:MATICUSDT , a bullish channel has formed for KUCOIN:XMRUSDT .
A touch of the lower trendline could see a bounce back up to the upper trend line.
Price action in KUCOIN:XMRUSDT is more conservative than other alt-coins
XMRUSD: double top pattern?A bearish trend is applicable.
The ideal short entry is around 162.50.
Increase the short exposure for a break below 155.00.
The target price is set at 140.50.
The stop-loss is set at 173.00.
The double top pattern might set the target price even lower.
DOW ANALYSIS ON MONARO/USDThe Dow Theory is a well-known financial theory developed by Charles Dow, the founder of Dow Jones & Company, in the late 19th century. The theory suggests that the market is in an upward trend if one of its averages, such as the Dow Jones Industrial Average (DJIA) or the Dow Jones Transportation Average (DJTA), advances above a previous important high and is accompanied or followed by a similar advance in another average. This phenomenon is known as "confirmation" and is seen as a bullish signal by investors. According to the Dow Theory, if the DJIA and DJTA are both moving in the same direction, it suggests a strong economy, as companies are producing goods and shipping them to consumers. Conversely, if one average is moving in one direction and the other in the opposite direction, it can signal a weakening economy. Overall, the Dow Theory is still widely followed by investors today as a way to analyze market trends and make informed investment decisions.
WILL XMR BREAKOUT?Hello Fam!!
It's been quite a long time since I've sent out an idea on my charts!
Today we are going to look at XMR in the HTF's
For the past 242 days, it has respectfully moving within a descending price channel
Although it is best for us to Trade the Range Until it Breaks, if this Gem does break upwards, it would be a very good HODL coin.
I would be aiming for its last ATH of 558
I will try my best to send out more Ideas for everyone!
Oh how I've missed you all! <33333
If you think you've gotten awesome content from my TA, please smash that like (boost) button!
It keeps me motivated to continue hitting the charts for y'all!!
I'd also love to see requests on any chart you'd like me to look at!
So please leave a comment on what Analysis you'd like me to do next! <333333
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.
CHART ANALYSIS:- monero (XMR) also surged earlier in the day, as it edged closer to a key resistance level.
XMR/USD moved to a peak of $178.15 earlier in the day, which comes less than a day after falling to a low of $169.84.
Today’s surge sent monero closer to its long-term resistance level at $180.00, which was last broken on Sunday.
As can be seen from the chart, the relative strength index (RSI) is currently hovering below a ceiling of its own at 65.00, with a current reading of 63.25.
In order for bulls to take XMR back above the $180.00 level, price strength will first need to surpass the 65.00 mark.
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
XMRUSDTIt is expected that XMRUSDT will rise against the US dollar to areas between 200 and 240 dollars, and the completion of wave c, and then collapse again
XMR USDT SHORT SWING | XMRUSDT | SHORT @ 170 - 160 | TP @ 158, 156, 154, 152, 150 | SL @ 180 | PATTERN = DESCENDING TRIPLE BOTTOM BREAKDOWN | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved.
BYBIT:XMRUSDT.P BINANCE:XMRPERP OKX:XMRUSDT.P BINGX:XMRUSDT BINANCE:XMRUSDT KUCOIN:XMRUSDT MEXC:XMRUSDT HUOBI:XMRUSDT COINEX:XMRUSDT
XMRUSD - Rejected by Upper Edge of Symmetrical TriangleMonero looks to be trapped inside this symmetrical triangle which has formed after another rejection when trying to break through the upper bounds. There's a nice parallel channel formed for the price to fall back into but it may need a little wiggle romm first based on historical S/R levels.
We can see the price reaching the lower edge of the aforementioned triangle but it may take a few days or even weeks, somewhere between 15-20% profit could be expected from this Sell signal from Crypto Tipster v2.
Monero on Priority WatchI have Monero on top 10 watch. I will just maybe give it a little more time. Very interesting to see over the next couple of weeks.
XMR - Wave 5 Up-move I am long XMR, looking to catch a Wave 5 impulsive up-move targeting $216 / XMR.
Monero 1.16.22 Setting up for retest of ath. Monero looks eerily similar to BTC and ETH and GOLD. If it is setting up for a run like gold it will be a slow and steady grind up to all time highs.
So many alts have great looking charts
$xmr Posturing with strengthInteresting formation, measured move is calculated in the chart with dashed lines (lol). Only thing on my watchlist jumping out at me ATM... seeking for shelter in utx (utilities) like $aa etc.
(STILL WAITING ON SPY TO TAKE A BIT OF A BIGGER HIT.
