XMR/USDT (3rd Retest of Support)💎Technical Analysis Summary💎
BINANCE: XMRUSDT
-Monero is back at a key area of support for the 3rd time
-This is technically not good in terms of Bullish price action
-The support becomes weaker the more it gets tested
-If you are holding XRM, please be cautious
-But if you are looking for a Selling opportunity
-Wait for the support breakdown before entering a short position
-Next strong support is around 95 dollars
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XMRUSDT
Monero short opportunity.Monero - Intraday - We look to Sell a break
Short term MACD has turned negative.
Posted a Double Top formation.
Our outlook is bearish.
Trading has been mixed and volatile.
Daily signals are mildly bullish.
We look for a temporary move lower.
EMA's 200 and 50 are about to give a sell signal.
Our profit targets will be 108.52 and 104.20
Resistance: 118.50 / 120.00 / 125.00
Support: 115.00 / 110.00 / 104.00
MONERO - $XMR - Activated TOTHEMOON.exe and RELOAD BOSTER.exeWAVE 3 in progress! The best time to buy is now!
#XMRUSD: I'm LONG / BULLISH position. I expect that $XMRUSD will rise up.
This would mean that MONERO will gain more 300% of its current value against the DOLLAR.
What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION.
No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong.
If you want to win in this market, you need to be COLD and CALCULIST.
To the moon is too close, go beyond
Well, keep you updated as this timely issue evolves.
Good luck!
#CRYPTO $XMRUSD #XMRBTC #XMR #ALTSEASON2020
$BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP
#altcoins #bitcointrading #BuyTheFear #BuyTheDip
XMR Correction of the previous rapid growth is necessary.Essentially, this idea is a corrected fragment of our global vision presented in the previous idea.
Most likely, the rapid growth of XMR was caused by the news about the hardfork, which took place on 17.10.20. The Monero update was successful and as a result increased the transactions speed when compressing information, as well as increased the level of users anonymity.
And even earlier, there were rumors on the Internet that when Bitmex started having problems with the lawsuit with all its consequences in early October, users withdrew from the BTC exchange, and other exchanges began to block them. T hen users switched to anonymous XMR , which increased the demand for it and, accordingly, the price.
Although, it is time for Monero to work according to the technical analysis rules. That is, to correct this rapid growth.
We see the first target from below in the zone $97-100
The more global target below is around $75
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XMR / USDT potential H&SHello friends
Quick Monero analysis
XMR /USDT
show potential H&S
Sell if the support faild to bounce again
Next support around 104-100$ ( also equal 0.382 fibo)
Then 96$
Then 85$
Good luck with trading
Support us by like and subscribe
And show ur opinion in comment
XMR/USDT (Retest Neckline Support)💎Technical Analysis Summary💎
BINANCE: XMRUSDT
-Monero is retesting its neckline of support around 118 dollars
-This is crucial because if the level break down
-The potential next support is somewhere at 95 dollars
-Looking at the daily candle is not good also
-It is painting a Bearish engulfing pattern
-Be careful and always plan your next trade
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``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
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XMR/USDT 4h (Binance Futures) Descending channel near breakout#Monero could take advantage of the current bullish momentum to make a new leg up.
Since 200MA and parabolic curve seem to act as support, it would be the best place to enter in my opinion.
Current Price= 122.11
Buy Entry= 121.07 - 117.87
Take Profit= 125.09 | 129.80 | 137.85
Stop Loss= 113.85
Risk/Reward= 1:1 | 1:1.84 | 1:3.27
Expected Profit= +9.40% | +17.30% | +30.76%
Possible Loss= -9.40%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 240h
XMRUSDT flag pattern, waiting for longHi, everyone! Today we’ll take a look at XMRUSDT!
As you can see from the graph the price is globally traded in the rising channel. After an upward trend, we have a local falling channel, forming a flag pattern that signals that the trend will continue. I’m expecting a channel break and further growth to work out the pattern, but it’s worth noting that our growth may be constrained by the boundary line of support of the global rising channel, which is certainly worth considering. This is my personal opinion, not a call to action!
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Monero: Tough guy is hurtAfter a daily RSI divergence, the tough guy is going down.
Check the pink squares :)
Monero headed towards $150Monero - Intraday - We look to Buy a break of 140.52
A break of yesterdays high would confirm bullish momentum.
Current prices have reacted from a high of 139.50, however, we expect further gains to follow.
Further upside is expected, however, due to the strong resistance above we prefer to buy a break of 140.52, which will confirm the bullish sentiment.
Trend line support is located at 135.40.
Daily signals are mildly bullish.
Our outlook is bullish.
Our profit targets will be 148.48 and 149.85
Resistance: 140.00 / 145.00 / 150.00
Support: 135.30 / 133.00 / 130.00
Monero breakings highs, aimed for $170!XMR is in 4h cup and handle bullish pattern, as you can see in this 4h chart,
XMR is in continues strong uptrend and has a strong potential to see another strong spike up to $170, before seeing a small correction.
If XMR daily candle closes above $132, it will be a clear daily bull signal.
MACD is giving a daily bull signal.
RSI is breaking previous highs.
Good luck!
Tibor
XMR / USDT - BUY THE BREAKOUT! BTC is pulling these large cap alts higher, but many of them are hitting resistance right now. This strategy could probably be copy/pasted to a few others.
Buy the breakout of this falling wedge / bull flag, or wait for a retest of support.
Bullish MACD cross on 4hr TF may indicate a breakout... We'll see :)
XMR/USDT 90m (Binance Futures) Rising wedge forming#Monero went up after breaking out of the bullish flag and made a nice run, now seems a good time for a small retracement.
I think it could go down to wedge support or even lower, back to parallel channel if breaks it.
If does so fast enough, I believe we'd rather look for a bullish continuation afterwards!
Current Price= 135.44
Buy Entry= 135.16 - 137.46
Take Profit= 133.23 | 129.77 | 127.04
Stop Loss= 139.39
Risk/Reward= 1:1 | 1:2.12 | 1:3.01
Expected Profit= +9.04% | +19.20% | +27.20%
Possible Loss= -9.04%
Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 4x
Estimated Gain-time= 180h
Bearish shark on $XMRBearish shark is forming on $XMR pcz is 0.886-1.13. Will look for those levels for reversal
Monero XMRUSDT - Bull flagThis is complete market structure on 4h chart. But if you take a look at weekly candles, there is a big shooting star / topping tail candle, which is of course a bad sign. Blue trend line should be defended for smooth continuation of the trend to the upside.
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XMR breaking down - Good Short Opportunity XMR broke the ascending channel and may retrace till .786 FIB level. Look for retest of downwards channel before entering into the position.
Monero to $133.Monero - Short term
We look to Sell at 133.4 (stop at 136.1)
147.4 has been pivotal.
Bespoke resistance is located at 134.0.
We look to sell rallies.
The RSI is trending lower. Our outlook is bearish.
Our profit targets will be 124.8 and 118.4
Resistance: 126.0 / 129.0 / 133.0
Support: 124.0 / 121.0 / 117.5
XMR vs USD ---SHORT--- 07.10.20#XMRUSDT
Type: SHORT
Sell at: 112 - 110
SIZE: 3% from deposit
Target:
1) 97
2) 86
3) 76
SL: above 122