XMRUSDT ShortThe price has reached to a very strong resistance zone in 4H, daily and even weekly Timeframe and has started to lose momentum, on the shorter timeframes we can see that a bearish breakout has happened and we are getting lower lows which makes it a good point to get a short position.
NOT FINANCIAL ADVISE
XMRUSDT trade ideas
XMRUSDT - IN A BOX ▣▣XMR testing a supply zone for a while now. A good entry would be after a break of resistance cause i believe we will move sharp up for+ 10%!
If we drop again to support (bottom box), that would be IMO another good entry !
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xmr shark cypher patternxmr has formed the shark cypher pattern. and is in the process of reversing.
XMRUSDTPrice broke the bullish pennant and is at a key fib extension level. Volume on the left is strong and should push the price bullish. MACD is also above the zero
✅XMRUSDT +65%The bot is active and will open a Buy position if the blue sign shows up (arround 280).
XMR-1D Chart [Fib]Today Monero has caught my attention due to the numerous "Fud" from the feds and disinfo from influencers led to me telling myself maybe it is time for privacy assets to get moonshot!
Back to the chart, XMR has yet to correct a little more to form an unconfirmed ( for now ) pennant if confirmed it should be followed by a massive impulse wave leading it
~320$USD and correct ~290$USD and then pushing back up ~380$USD .
time cycles shows that we currently are in an uptrend and that next critical level should be in ~2 weeks. circles tells us we just broke out of its previous level so expect consolidation soon.
If you wanna know more in detail just comment in the section below
or DM me if you want to suggest a particular chart for next time.
***DON'T FORGET TO DYOR, my charts should be taken lightly and used as a data point along with many others***
Monero's "consolidation" shows untapped potential! <XMR/USDT>The trend breaks are fueling the potential of this coin. Support level untested at a clean 250.
XMRUSDT Waiting for the Resistance zone Breakout!XMRUSDT Technical analysis Update
XMR/USDT currently trading at $249
Waiting for the resistance Breakout
Buy level : Above $251.00
Stop loss: $237.00
TP1: $260
TP2: $270
TP3: $281
TP4: $290
Max Leverage 2x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
XMR/USDT bearish signs — XMR DOWNMonero is up +36% from last swing low, now making correction to previous swing and I am expecting price to reach zone of 240 before breaking down towards 210-s
Best regards
Artem Shevelev
XMR looking promising to those who shall not be identified Even with all the crypto turmoil around XMR' s chart shows a distinguished opportunity for upwards potential.
Looking ahead there are two pieces that will corroborate the bullish short term for XMR:
-The daily trend line. Already proved very powerful when broken- as it should
-Weekly level closed last week. This should support the move to push the final piece of the move.
XMR/USDT BUY SIGNALPullback is over, time for some uptrend. Perhaps 20%+ is what we should be expecting in the coming few days
XMRUSDT🌟this alt has a great potential to give profit to holders
🌟if you take a good look at its fluctuations you will find out the sequence is repeating itself and therefore you can follow the rhythm of the chart
👉This idea has the confirmation of "advanced price action" 👍
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XMRUSDT facing strong resistance, supp trend faced multiple timeThe supporting trendline has been touching multiple times, if it couldn't close above Tenkan on a 1hr TF, we're expecting a continuation of a downtrend. on a 4hr TF, MACD and TDI have crossed.
Area of Resistance
227.75
224.80
Area of Support
206.10
203.37
XMRUSDT is creating a pennant 🦐XMRUSDT is creating a pennant on weekly support. We need to wait the next move.IF the price will lose the weekly support we can see a bearish impulse
According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black 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 the Plancton0618 strategy will trigger.
Points of Interest for Monero #XMRMain support and resistance levels showing potential lows and accumulation demand levels.
