Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the XMR symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the XMR symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
XMR is trading above liquidity in an upward channel within the support zone. The price has successfully fixed above 50EMA (4H TF). I believe the asset can continue to rise after fixing above the current area.
XMR has seen a sharp decline in price over the past few weeks. Selling pressure initially broke the floor of the short-term ascending channel, and the price fell to the support range of $150-157. With the accurate reaction to this support range and the increase in demand that was created last day, we see a return to the minor resistance level in the range of...
Hi dear friends, hope you are well and welcome to the new trade setup of Monero coin (XMR) with BTC pair. Our last successful trade of XMR was as below: Now on a weekly time frame, XMR has formed a bullish Shark move. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Have this draw for week or so just didn't post but now is the time I guess! Orange trendline added. Monero broke up this triangle 📐 and now still backtesting it's upper edge. I just bought as I think there is chance to...
Hi dear friends, hope you are well and welcome to the new trade setup of Monero coin (XMR) with BTC pair. Previously we caught almost 50% pump of XMR as below: Now on a 4-hr time frame, XMR has formed a bullish BAT pattern for another price reversal soon. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
A channel's floor support is in place for Monero, and unless the $164 - $168.5 range is broken, there is potential for a retest of $207.1 resistance. Due to the strong negative reaction that was observed the previous day to the resistance, it is more likely that the trend will range this week.
Could go either way currently we have upside momentum ....... But with alot more indicators factored in the downside 10% is more likely. we may move up a bit more first, so it may be mor like 13% buy the time we reverse. As always DYOR
XMR continued its upward trend over the past weeks, and according to the previous analysis, its price growth increased just after breaking any resistance, turning that level into support. Monero still has bullish momentum, and if it breaks the current resistance in the $172 - $178 range, it could rise to the top of the main descending channel. Note that the...
Monero 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...
I 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.
Interesting 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.
XMR continues to maintain bullish sentiment and reasoning, but the asset is overbought on small and large timeframes. The price has approached the upper boundary of the upward channel. I expect a correction and sideways movement before the next impulse.
I hope you are fine We have a view on xmr. We are in the middle of the g wave of this diametric diamond. If we reach the red zone, I will be looking for short trades. Do not forget to manage cold, volume, leverage and stop setting Comment if you have any questions Thank You
A couple weeks ago XMR showed potential to continue a Bullish ABCD BAMM as seen in the related idea below and so far things have gone well and is about halfway to hitting the target; but in doing so it's also breaking out and confirming above a more macro structure and confirming the validity of a Bullish Butterfly. If this Continues we could see targets much...
Monero trades between a resistance zone and a support zone, under liquidity. On the 1H Timeframe, 50EMA and 200EMA form a "cross of death" pattern. I expect a fall if the price fixes below the support level. Further movement will depend on price reaction to the support zone.