XRMUSD - Intraday - We look to Buy a break of 237.1 (stop at 230.9)
Daily signals are bullish.
Short term bias is bullish.
A break of bespoke resistance at 237.0, and the move higher is already underway.
We can see no technical reason for a change of trend.
Our profit targets will be 254.2 and 258.2
Resistance: 237.0 / 245.0 / 250.0
Support: 229.0 / 225.0 / 220.0
A new trendline can be drawn due to the recent bull rise in price, this includes the start of the initial bullrun, the middle of the bear market, and to right now. A common theme between ETH and Monero
A triangle can be drawn from the start of the initial bullrun to the trendline, and also another triangle can be drawn from the start of this bullrun to the...
Welcome back Traders, Investors, and Community!
Hi Traders, XMRUSDT has broken above the major Resistance, however the market is ranging now and I guess we would have a retracement at around 199.27 before we start a new uptrend. The price also may go back all the way down to retest the Resistance before it goes up.
Monero went on a bearish stretch, after the appearance of a Harami Pattern (marked on red) the price has began entering a correction phase where right now is going for a breakout possibly to the upper side, the price breaking above the moving average shows signs of a possible reversal happening, staying above that pink EMA200 indicates that prices has found...
FIRO has some novel ideas for the implementation of privacy into crypto currency, some of which rival the privacy features of Monero. I think FIRO could potentially outperform Monero over the course of the next 3 years. Let's keep our eye on this one and look back at it in a year or two, maybe three.
Hi friends, hope you are well, and welcome to the new update on Monero.
On the weekly chart, the price action of the XMR has completed the final leg of bullish Cyhper and entered in the potential reversal zone. The price action is breaking down the 50 simple moving average but we have another good support of 100 SMA below the buying...
- To look for an opportunity in this currency I would wait for the rectangular area. If the price reaches this area, we will look for signs of a possible turnaround, such as an engulfing candle or a double bottom pattern.
- This area is a good investment opportunity, as we can have a great bullish run if the price goes for its historical highs. If the price...
Everything is in Graph. Privacy is future, they can delist what they want, Monero not gives a shit. XMR already replaced BTC in the Darknet.
Buy zones for XMR are simples :
- if price fall between 100$ to 150$, you are in the green buy zone.
- TP is 299$
More simple than that i cannot be.
Hi friends hope you are well and welcome to the new update on the Monero coin.
On the 4-hour chart, the price action of XMR coin has completed the final leg of bullish Gartley and entered in potential reversal zone.
Buying and sell ranges:
The buying zone starts from 0.618 to 0.786 Fibonacci levels, and the sell zone can...
Confidence, anonymity and anarchy are the concepts that characterize XMR .
The voltage of the whole crypto world does not affect this coin at all. Keeping the bottom trend line on December 21, buyers continued their clear growth trend. It seems that she was chosen to hedge losses. It is the last two 4-hour candles that have abnormally high volumes. This nature...
On the small time period 1 hour chart , the price action of Monero (XMR) is completing final leg of Gartley and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of Gartley formation should be as below:
Potential reversal or buying zone: $154.74 to $154
Fibonacci projection or...
The asset has its own game.
Pressing the level 140.
Global trend up.
Need consolidation under level.
And should expect a breakthrough up.
You will learn the best place where we can trade this instrument at low risk.
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