Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for XMR, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
XMR formed a large descending triangle and the volume on the past few days show that some big whales are buying XMR heavily.
Why?
Bullish cross on MACD.
Bullish divergence on RSI.
Volume spiking on daily.
OBV above the moving averages.
Bias - BULLISH. Probability is on Bulls side.
If we break above the triangle it will be game on. First key resistance at...
Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like...
On daily chart, BINANCE:XMRUSDT has been oscillating in range 170 - 345 so long time. This made many people to recede their fund.
Monero is the lagging crypto, perhaps.
So XMR has been accumulating too long to prepare for next wave. Because XMR is better than BTC in features. DYOR about XMR.
XMR might be at $1,800 if it can surge $350.
Let's wait and...
Monero is setting up for a massive bullish wave very soon. We are currently at a local double bottom and seeing some strength but the best place would be the bigger double bottom at the $120 level.
Trade Idea:
- Watch for a breakout of the descending black trendline for confirmation
- You can enter at the local double bottom (now) or you can wait for price to...
Possible trend of Monero ... All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 14.Jan.22
⚠️(DYOR)
❤️...
XMRUSDT initial Long on the Daily. Stop loss and TPs on the chart.
I assume XMR continues to pump here. Hopefully BTC will stay calm and let alts wiggle a little.
This would be at least the 5th or 6th attempt to test the 176.5 level on Monero.
If the price breaks below this key level, the next stop could easily be 124. It will mostly depend on how BTC will do in the next few days.
In my opinion, the more times this level is being tested, the more chance we'll have that sooner or later this break will happen, and the fall...
XMRUSDT has finally reached the support area of 220.07 (4 Hour chart) and the trend line support also held the price which gave me a confirmation bulls coming in.
XMRUSDT's price has jumped up and stayed above the strong resistance area at 205.0. after moving into a round bottom formation now bulls are trying to move the price into the upward direction and 240 will be their target area. Good Luck!
As we can see, the price is in an important range and recommended to keep an eye on it ... 😉
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 23.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to...
XMRUSD chart review. range/accumulation setup in progress. currently ACCUMULATION MODE. BULLS reload low near 170USD. strong bullish chart. up to 75% gains possible later. short-term pullback possible. bulls wait for pullback.
