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
Monero KRAKEN:XMRUSD continues to outperform the other major cryptocurrencies through this crypto bear market cycle. Last week Monero entered a bullish trend when both price and Momentum (Lagging Span/Chikou) closed above the Daily Ichimoku cloud. This is the confirmation of a new bull trend starting. Momentum has since gotten back inside the cloud but over...
Quite a symmetrical triangle has formed on Monero / USD, indicating some swings back and forth between the highs and lows. We are nearing the pinch point of this triangle but there's still a large amount of wiggle room for a quick 10% short to the bottom edge of support. Keep your stops tight and take the profit while you've got it on this one!
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...
I think xmr will move down soon. The supply zone is a good place to look for sell/short
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 and Downtrend on Medium- and Long-Term basis. Momentum ...
Looking gorgeous here tbh Htf downtrendline break and following through w a green candle Massive falling wedge structure Still the best privacy coin as far as i know
I'm yet to be convinced that the Monero Cup with Handle has been invalidated as it would seem a small Gartley and some Hidden Bullish Divergence has formed at these highs and may allow XMR to hold the channel. As a result i will be doubling my position but tightening the stop with the same profit target as before and an end of week goal.
Monero vs US Dollar - Ascending Log Channel using fib channels as ladders for resistance/support and those nice candles to filter the noise.
big potential zone here tbh also bouncing off 2019-2020 resistance level this thing is worth more now than it was in 2019 for obvious reasons (privacy govmnt narrative) (storeovvaluevsinflationnarrative) also its a dino coin so serves to show longevity of network existence whihc most projects cant do, makes it more likely to get adopted to a higher valuation...
Even though XMR has shown short-term weakness against some coins in the privacy vertical they still have a way to go before they can challenge XMR's long-established upward channel against them. I expect oscillation along the channel and would be surprised if they venture into the blue bands. Provided no fundamental change takes place any venture into the blue...
Enter a long position now. Or wait for the breakout before entering a long position.
We have a promising looking Cup with Handle here on XMR's Hourly Charts, so long as we can hold above support here i would hope to see price reach the 0.786-0.886 retrace by the end of next week.
Hello, welcome to this XMR/USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Monero (XMR) was closing in on a one-week high on...
Monero/Bitcoin BITFINEX:XMRBTC made a new high for the year. Over the last year's bear market Monero has outperformed Bitcoin by almost 100%. Monero is proving itself to be a greater "store of value" during this cycle than the past champion of Bitcoin. Monero is a cryptocurrency that has been around since 2014 and is based on "privacy by default." It is my...