The 45m chart is passing the 200ma. It's working on getting above, if it can find support above this is bullish for immediate price action. The 4h chart has a good squeeze indicator and Directional Index is trending positive. Monero has a good deal of % gain possible before running into previous highs that might be resistance. This is a High Risk Long, but...
XRMUSDT 6H After breaking the bearish channel, XMR has started a bullish channel, where at this point it should go to the upper edge at 171.9 and pull back to 162.2. Here are the supports and resistances on the 6H: Main support levels: 162.2 / 154.3 Main Resistance Levels: 171.9 / 179.4 MACD: neutral RSI: Exhaustion of Buyer Forces EMAs: Optimists
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
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...
It seems like a bearish flag is close to being done and XMR/USD lacks a further bigger move as an indication of a breakdown. A bearish flag often identifies an interruption of an uptrend if price breakdown occurs. XMR/USD risks extra losses towards 172 on a breakout of the bearish flag.
Using the Cypher tool I show my view on the prior bull run, which I show is acting as the middle of this cypher structure With the first Initial bullrun being the first leg, and the coming bull run being the next leg of the structure (bars pattern in green) I'm not too sure if this is how the cypher tool is used but it showed my point perfectly so I used it. I...
Monero is an old-school bastion of anonymity in the crypto world that has survived and is in demand. Because its "friends in the shop" from the first generation of altcoins DASH and ZEC are hopelessly depreciating, although they were once much more popular and expensive than XMR Sooner or later, the cryptocurrency market will be regulated, and for holders of the...
I believe that Monero will see a strong appreciation due to its focus on privacy. Lately, the governments of certain countries are hunting the basic freedoms of their citizens... After breaking through a wedge and a resistance line, the price did not fall below the 0.214 retracement: Another point to note is the dominance over other crypto assets. And on the...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Trading Setup: A Trading Signal is seen in the XMRUSDT Monero . Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 151.0 ⭕️SL @ 158.6 🔵TP1 @ 139.0 🔵TP2 @ 128.0 🔵TP3 @ 117.7 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas,...
Today, on the global chart, we will consider the XMRUSDT price movement Monero is an old crypto coin. It is popular because it is "the last of the Mohicans", which preserves the anonymity of the owner. Quite often moves on an individual route despite the trajectory of the BTCUSDT price. During the fall of the crypto market in June 2022, the XMRUSD price was held...
We can see a giant bull flag on Monero's weekly timeframe with of course an overshoot of the pole, according to the pole size without the overshoot the price targets could reach or exceed previous ATH of around 500$ depending on the breakout zone also coinciding with the completion of the giant cup and handle patern, if we were to take the overshoot into account,...
XMRUSD has fallen to the Monthly middle Gaussian Channel Band This has been proven as a support level since 2015 This area is a great candidate for a strong reversal
Price Was Currently in a end. It pulled back into retracement levels and met a key supply zone making it ideal for a short position
Monero looks to be heading to the upside. a double bottom break seems to be forming on the DAILY and structure with in the 4H and the 1H correlate in a bullish trend. The 1H is moving into Fibonacci retracement levels providing a great opportunity for a temporary long position on XMR.
MONERO looks like has been in a long term falling wedge (bull flag) and now is few weeks holding above the resistance and Im expecting another leg to the upside to about $900
MONERO in WXYXZ correction. I summon the bears. Target is the yellow box. NFA.
Some technical behaviour in XMR on the high TF. Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively...