We have Hidden Bullish Divergence at the neckline of what appears to be a Bearish Head and Shoulders, XMR has been quite Bullish though and is still in the process of completing a Bullish BAMM so this may be a nice time to counter the Head and Shoulders Pattern and go for the 1.272 ABCD Completion.
BINGX:XMRUSDT XMR/USDT is one of the dinosaurs of the crypto world, the asset in my reading is set to build a head and shoulders formation. The operational risk of this trade is low compared to the potential, I believe that in the break-even zone, confluent with the neckline of the OCO I will consider taking my risk out of the operation. The Asset has broken...
This week we have the CPI report and the FED meeting. I expect the stock market to go down and cypto to fallow it. My price target for Monero XMR for the end of the year are the following: XMR/USDT short Entry Range: $148 - 155 Price Target 1: $140 Price Target 2: $134 Price Target 3: $125 Stop Loss: $169
Dont over complicate it, especially in a bear market You will see more profits and have a stress free life by keeping it simple Buys only above breakout line or at the channel lows around $40 Especially with Jupiter Pendulum tagged red Look for a green tag on the breakout to confirm
XMR, formed a didactic bullish channel with rising bottoms and rising tops. passing through the Upper band which is at 147.1, it will only stop at 148.1. The VWAP coinciding with the MM100 means that the 145.5 zone is a big support. Here are the supports and resistances: S: 145.5 / 144.2 / 143.0 A: 147.1 / 148.2 / 149
Monero (XMR) technical analysis: Trade setup : Price is trading in a Channel Down pattern. It rebounded from Support zone ($125-130) and reached stiff resistance area near $150. This is a critical level. Price is likely to get rejected here, but if it’s able to break through, it could revisit $175 thereafter. Pattern : Price is trading in a Channel Down...
Notice how beautiful the high channel formed by XMR is! At the moment XMR is surfing the median of the Keltner channel towards the upper channel line (at 146.2) which is strong resistance. Breaking this resistance it will face the MM200 at 147.4 to meet the upper base of the bullish channel at 148.4. XMR is one of the most decentralized privacy coins. Here are the...
Nice chart ! Everything is clear in the chart What do you think Like and comment
Monero (XMR) technical analysis: Trade setup : Price is trading in a Channel Down pattern. It rebounded from Support zone ($125-130) and reached stiff resistance area near $150. This is a critical level. Price is likely to get rejected here, but if it’s able to break through, it could revisit $175 thereafter. Pattern : Price is trading in a Channel Down...
After a really nice pump upward following on from a strong Buy signal over a month ago, we've now reached the point of return - a breakout on the down side of this rising channel, combined with a Sell signal from our Crypto Tipster v2 indicator would suggest a return to the next level of support. There are two main levels of support below the current price, one...
We live in a world today where technology is constantly advancing. As technology develops further, we continue to strip a piece of our privacy away with it. This is where Monero comes in. Monero is the solution to privacy when it comes to cryptocurrency. Depending on how crypto adoption takes place in the future, Monero could be integrated for multiple-case...
XMR short setup looking good on daily timeframe. We have clean downtrend forming (LL and LH). Price touching 200 EMA which has previously acted as a strong resistance. 200 EMA lines up with fibonacci levels + trendline 3rd touch. We can still see some bullish action from the CPI data but expecting it to be short lived. Send it to the goblin town.
- as you can see the XMR formed a huge falling chanel at daily time frame but .. - there are rising wedge formed inside - also divergence defined: CCI, MOM, MACD, RSI (source macd histogram) - before breakout of falling chanel we maight see back movement to middle of the channel or lower (the 0.5 level of Fib is near 139)
Back in April of this year we shared Monero vs Bitcoin for you... "this one is looking good and looks like a safe-haven, for us to get through the Bitcoin drop." Apr 11 | Monero Is Here To Save The Day! And the chart continues to look good. We have green after green after green candle closing weekly and all this happening above MA200, telling us that...
Trade setup : Price rebounded from Support zone ($125-130) and reached stiff resistance area near $150 and also 200-day moving average. This is a critical level. Price is likely to get rejected here, but if it’s able to break through, it could revisit $175 thereafter. Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term...
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...