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.
If XMR/USDT resistance breaks, it is possible to rise as high as 276.
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...
Buy on a pullback and be a holder Stop Loss is your best friend.
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 $120 level. Trade Idea: - Watch for a breakout of the descending black trendline for confirmation - You can enter at the local double bottom (now) or you can wait for price to...
Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 310 - 350 - 380 after first target reached move ur stop to breakeven stop: ~220 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 2 risk is justified Good luck everyone! Follow me on TRADINGView, if...
This easily can be the bottom for the XMR, before the major uptrend continuation. Risk/reward is good, so potentially a strong buy trade.
Price has broken previous uptrend line and made a descending channel. Now price is in top of channel and broke the Triangle's bottom that shows potential for falling more after completing pullback to triangle. target is 145$.
BAT PATTERN 282 is the key level strong resistance
Similarities can be seen within the 1.618 fib circle both in the square / rectangle and the touch of price on 1.618 level Tried to make this fun by making the circles eyes and drawing a tongue out, to create the smiley face
With XMR-BTC bottoming out and looking like a pre-pump, and BTC-USD still looking kinda bullish in the short term we can expect a bullish brakeout on XMR-USDT. tp1: $295 tp2: $319
- It is a right time to buy Monero, because of the cup and handle formation! - Target is 1:1 fib trend-based extension - in next leg up, so be prepared. - RSI is ready for a pump and once we reach all time high, we should accelerate in speed. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR...