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
This is a response post to a theory proposed by a Nom_de_Guerre
Please refer to post here :
I will be also doing the same if BTC loses 11k support. Which at this point in time, I do not think will happen. I still am Long BTC as I believe the testing phase has not yet completed, and 100k or...
*Support Points (Green arrows and white horizontal line)
*Resistance Points (Red arrows and white horizontal line)
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...
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.
The supporting trendline has been touching multiple times, if it couldn't close above Tenkan on a 1hr TF, we're expecting a continuation of a downtrend. on a 4hr TF, MACD and TDI have crossed.
Area of Resistance
Area of Support
I hope everybody is having a good Monday and finished last week off with some good profits from the markets.
This is an update on the crypto markets for the weekly and 3 day time frames.
I have my eyes set to load up on zcash, dash, monero, aeon on this pullback.
The weekly and 3 day continue to close red as we now begin to try and crack a recent structural...
XMR looks weak for now, but after a few hours of consolidation, in case the price crossed and closed above the resistance area, you can open your long positions or do a short-term buy and sell and aim for those two targets I've put on the chart.
The first target is the safe one. The second target needs a way stronger volume which I don't see at least for...
After four long years of bear - the XMR BTC pair has finally confirmed a high time frame trend reversal
the Ellen Musk panic was a hoax to get ppl to sell their coins before the biggest bullrun of all time. Hyperinflation is in full effect, the dollar is already worthless. HAHA
I should just put a magnet at 1XMR = 1BTC and be done with it. Everybody sleeping on...
Monero's (XMR) popularity has been on the rise, primarily due to its ability to help anonymize users. Monero transactions are much more difficult to trace because they use ring signatures and stealth addresses. These methods help to hide the identities of the sender and the receiver.
Private Money Will Surge Under Current Political Environment
Monero will eat the lunch of all other cryptos, even bitcoin dominance will be succeeded. No. doubt. about. it.
XMRUSD will be atleast 5000$ EOY
horizontal resistance is first target from the 2017 fib retracement.
Lower trend line is super safe/lucky for options entries!
follow me if u like money
thanks for dropping a like