XMR little chanceWhat's up guys !
I'm looking at Monero again , using my previous approach which yielded profit for me based on my trading style
Price is in an overall uptrend from the bigger timeframe and seems to be making higher highs
Price is currently approaching a resistance zone which could be respected or broken upwards but before then we can still scalp a little profit if and only if it breaks the 4h red trend line upwards indicated and makes higher highs , if you're a conservative trader you should overlook this as I don't suggest buying around the resistance zone
Presence of divergence too to support as a confluence
I'm also on the lookout to see if it breaks over the resistance zone ,then watch the bulls take it to the upper green trend line to continue the pattern on the bigger timeframe
what do you guys feel ?
Monerolong
Monero is looking good for a long if this key level holdsMonero has recently broke above a key resistance level & closed above the level on the Daily Timeframe .
A small pullback & retest of the key resistance around the 275 price mark has happened & is currently in accumulation.
RSI on the Daily Timeframe is 57.28, indicating an uptrend whilst still having lots of room before entering overbought territory.
The price is currently above the 50,100 & 200 EMA .
If the price is able to stay above the resistance level mentioned then a long from this area looks good.
Short term target would be the previous local high & resistance marked on the chart at around the 329.5 - 339.9 level.
Possible longer term targets are also shown on the chart.
Not financial advice, just sharing my idea.
Good luck.
XMRUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
Daily Monero Anlysis. Bullish!Chart Overview
* Binance: XMR/BTC
* Daily Chart
* Reducing / Falling Wedge chart pattern
Analysis
Monero is forming this bullish chart pattern, with many contact points (four significant touches on the resistance or upper line and three on the support or lower line). The multiple contacts adds credence to this chart pattern, most likely result is a bullish upswing.
Conclussion
The pattern may take until the end of the week to fulfill it's bullish price move, also things to consider is bitcoin could very possibly go on a strong rally which would delay the price move or even make the price drop slightly below the pattern before reversing.
Target
* 0.007887
DISCLAIMER: NOT professional advice, please do your own research before investing.
Monero is sitting at a pivotal point!Chart Overview
*XMR/BTC WEEKLY
*Parallel channel
*Support Points (Green arrows and white horizontal line)
*Resistance Points (Red arrows and white horizontal line)
Analysis
From the point of writing, Monero has increased 24% in the last 7 days (compared to USD). Also Monero is finding a lot of support at the white line (0.6103). Monero fell closed last week below this point, if Monero closes above 0.6103 this is a bullish sign.
Conclussion
Monero has been in a downward parallel channel since August 2018. There are signs of strong support being established and this could create a good platform to spring out into a strong bullish run.
What do you guys think, bullish or bearish?
*Disclaimer: NOT professional advice
Monero on course for big bullish breakout!Chart: XMR/BTC (Daily)
Monero has been pushing up gradually and consistently, the 0.5 Gann Box price/time line has been hit. If Monero pushes past this convincingly, this line will turn from resistance to support and we can expect more bullish action.
Monero took a big hit from the recent crash and could be a very good time to buy back in.
Next resistance points include: (a) 0.011475 (b) 0.019546 (c) 0.027618 (d) 0.03569. Depending on how bullish you are would determine your targets.
Let me know in the comments what you think!
Disclaimer: NOT professional advice, invest at your own risk.
💡Don't miss the great buy opportunity in XMRUSD @monero
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (199.27).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 222.66
TP2= @ 244. 05
TP3= @ 274.92
TP4= @ 307.92
TP5= @ 344.90
SL= Break below S2
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💡Don't miss the great buy opportunity in XMRUSD @monero
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (199.27).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 222.66
TP2= @ 244.05
TP3= @ 274.92
TP4= @ 307.92
TP5= @ 344.90
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
How Easily Resistance can Become Support XMRReturn to a strong trendline for XMR
Perfect buying opportunity as this will likely bounce off 1.618 or the trendline drawn
What was previously resistance (1.618) has become a place of support now
Monero- Looking to buy for 500 targetThis coin held pretty well during the sell of, and looking on the chart we can see that, after reaching the last ATH's support, it reversed putting in a long tail on the daily candle.
More, yesterday the situation is similar, and we gain have a long tail on the daily candle and also a higher low.
These are clear indications for me that bulls are still in control and gains should accelerate.
As I said, 500usd is my target for Monero and only a decisive dive under 300 would change my bullish bias
I'm looking to buy dips
>$150 USD after 6 days (2°pt) Read the previous idea.Here I show you more detail because monero will break the price of $150 USD.
Please read the above idea to see how other indicators say the same thing.
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
Monero, Show Us Privacy Still Matters! (XMR)Stage 1 breakout being tested right now with everything shooting green on monero.
Roughly 410 days since back to the stage 3 high of major structural Resistance.
Once we break here we will look to then hold to break the highs of stage 2 and stage 3 for a serious bullrun.
Keep an eye on the order book and watch the tape to see how much is being bought up on a breakout.
If this holds strong than we could see another correction and correlate with all indicators.
Anything can happen, stay sharp.
XMR/BTC - Moner0A triangle.
pressure on the upper boundary;
Punching up and securing the purchase.
stop loss for local minimum;
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
Golden ratio for the golden crossMonero fibonacci spiral, looks like a buy
Golden cross can be seen
Price can be seen in green box to climb the fib spiral






















