XMR remains within this descending pattern, which is a downtrend characterized by lower lows and lower highs, but if it does not miss the bottom of 163.8 we could see an accumulative triangle formation being formed, with high possibilities of an upside breakout.
No US macroeconomic data to be released this week, it should be a quiet trading week for BTC,...
Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
Have this draw for week or so just didn't post but now is the time I guess! Orange trendline added. Monero broke up this triangle 📐 and now still backtesting it's upper edge. I just bought as I think there is chance to...
TP 1: $174.22
TP 2: $176.67
TP 3: $178.65
Absolute beauty! Gorgeous looking bull flag on the 4H time frame. When this pops its gonna be awesome.
Not using SL as usual on this swing trade so I can DCA and get the best possible entry for my position.
RSI and MACD look ready. LTFs just need to sync up a bit.
freshly baked sh*t idea just for the loyal customers of the shop!
look at the chart? what do you see?
do u see a previous uptrend of MONERO? YES
do u see retracement? YES
do u see consolidation? yes i do (stop asking u stupid FUK)
do u see a strong SUPPORT?????????? YESSSSSS
do u see dead people? WTF! yes i do!
look again at the...
Hi dear friends, hope you are well and welcome to the new trade setup of Monero coin (XMR) with BTC pair.
Previously we caught almost 50% pump of XMR as below:
Now on a 4-hr time frame, XMR has formed a bullish BAT pattern for another price reversal soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
A channel's floor support is in place for Monero, and unless the $164 - $168.5 range is broken, there is potential for a retest of $207.1 resistance. Due to the strong negative reaction that was observed the previous day to the resistance, it is more likely that the trend will range this week.
The price is trading inside the bullish channel, it has crossed the Ichimoku cloud downwards but is engulfing and the tendency is to test the cloudiness of the Cloud again. Before that, you can backtrack and find MM100 at 167.9. XMR is a consolidated altcoins in the market, privacy currency and I consider it one of the best to trade.
Here are the...
Looking at the short-term H1 chart, my overall bias for XMRUSDT is bearish due to the current price being below the Ichimoku cloud, indicating a bear market.
As the RSI shows the exhaustion of selling forces , a limit buy entry at 171.22 where it would make a triple bottom and the support of the lower line of the Keltner Channel .
Key support levels: 171.2 /...
Greetings citizens of the world
Monero price today is $145 with a 24 hour trading volume of 100 million dollar. XMR price is up 0.7% in the last 24 hours and 7% since last week
Monero is the top privacy centric cryptocurrency based on the CryptoNote protocol, a secure, private and untraceable currency system and after what happened to Tornado cash more "people"...
Past Performance of Monero
Monero is trading above August 2022 highs as momentum fades. The uptrend remains valid, and XMR is up over 50 percent from November lows. As long as XMR trades above $170, buyers remain in control and may push prices toward $200 or better in sessions ahead.
#Monero Technical Analysis
XMR is within a bullish breakout formation,...
- Well this chart will be a bit difficult to understand, so follow the graph and the famous bubbles..
- XMR i a strong privacy coin, notice the asymmetry from 2018 to 2022. stunning!
- XMR is not an FTX shitty token or a scam coin, this project is here to stay.
- Monero is comparable to Litecoin, they start always their bullish trends before the other...
🔸 A descending channel has been distinguished. A descending channel indicates a next move up in case if price breaks out. XMR/USD targets a move to 174 while above 172.5.n above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. We may consider buying at the current price zone and targetting higher level.
XMR continued its upward trend over the past weeks, and according to the previous analysis, its price growth increased just after breaking any resistance, turning that level into support. Monero still has bullish momentum, and if it breaks the current resistance in the $172 - $178 range, it could rise to the top of the main descending channel. Note that the...
XMR is facing the cloudiness of the Ichimoku cloud and passing through it must go to the upper edge of the triangular wedge imposed by the 1H time frame, in this pass it can retreat to the lower and then pull back. positive prognosis, as XMR is the most popular privacy coin. The $173.3 region where the MM100 sits is also a powerful support should there be a larger...
Looking at the H4 chart, my overall bias for XMRUSDT is bullish, however we have the MM200 which I believe may visit before starting its bullish run. RSI shows an exhaustion of selling forces and besides XMR has just touched the lower edge of the Keltner Channel, which could be indicative of a pull back, the Ichimokut cloud also indicates a rise as it exerts a...
For a banned Coin. Monero has exceptional technicals. We have great bearish structure on the weekly flowing all the way to daily. The H4 confirms this now we wait for a pull ball. and take up more sells. We already have a trendline break and a looming head and shoulder retest. if price moves into that supply zone. we are goin in for more sells.