Hi friends hope you are well, on 2 day chart the Monero (XMR) Coin has formed bullish BAT pattern and entered in potential reversal zone to move up. Lest’s dig the pattern deeper to see how perfect this pattern is formed: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to...
$XMR is on a 27 % pullback and coming on our first area of interest with support + 0.786 Fib However on macro, Daily MA 200 is breaking down. FOr the moment, $XMR is on our watchlist to see how the coin react. Not Financial Advice
4HR Setup on Monero, XMR is looking great along with the rest of the Crypto Sector. 2020 Altseason back n kickin? Yes I believe so.
I love it when something happens as planned! Move to S2 > (S2 was support) Hope you bought some... Zooming in tells me that we still have some potential in the short run but it will be choppy. $XMR #MONERO #CRYPTO
Buy 54.55 Take Profit: 112.80 We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is...
Hi friends hope you are well, here I have found another profit potential trading idea for you and this time Monero (XMR) has formed bullish BAT pattern and entered in potential reversal zone and ready for bullish reversal soon. Let’s examine how perfect this pattern is: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then...
Monero looks like a good buy here. The price action is bouncing off support, and it has broken out of its falling wedge to the upside. With good bullish divergence on the 4H time frame, I like this buy.
One of my favorite 2020-2021 long positions is $XMR. Largely for fundamental reasons (proven secure, privacy oriented, minimal transaction fees in comparison to BTC), but the technicals are also beginning to line up in anticipation of BTC halving.
XMR growth resumed again, the asset rebounded from support, and is currently heading for the next level of resistance. We trade in an expanding wedge Formation of a descending wedge At 1TF (Bullish model). Volume accumulation Fibo level coincides with linear resistance. I advise you to wait for the wedge to break through P.S Friends, support this idea with your...
74-76 Stop loss 81-84 TP on swing. potential to really move with the 5th wave of the elliot wave set up. Please like and comment thanks stay profitable!
Long Term Bearish Move: The price action of Monero has been moving down with strong bearish trend since Jan 2018 after hitting the highest price of Dec $477. In the meanwhile it has been giving us many short term and midterm trading opportunities but on a bigger view it has been down and finally touched $38.50 in Dec 2018 that is the lowest price from Dec 2019 up...
XMRUSD and ETHUSD both have created this formation. Simple observation.
Crossing area with : - Ascending Trendline - Symetrical Triangle Not a Financial Advice
Very simple TA, Monero has been accumulating for months above the monthly support. Once we close over we should be in for a ride. If you don't have a position and are looking to get in I'd buy the bottom of the accumulation zone, or wait for a breakout and try to catch a retest.