I hope you are fine We have a view on xmr. We are in the middle of the g wave of this diametric diamond. If we reach the red zone, I will be looking for short trades. Do not forget to manage cold, volume, leverage and stop setting Comment if you have any questions Thank You
Possibility of approving the head and shoulder pattern for XMRUSDT
I'm no expert and i'm still learning but this seems to have respected the principals to form a double zig-zag. Looking to correct and try 1500-1400 after the 1050 drop. XMR looking to correlate just not the same correction pattern and drop to 120-130 then try 170-180 before dropping to lower lows. Educate me here fellow traders.
Monero (XMR) technical analysis: Trade setup : Price is trading in a Channel Down pattern. It rebounded from Support zone ($125-130) and reached stiff resistance area near $150. 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. Pattern : Price is trading in a Channel Down...
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
XMR, formed a didactic bullish channel with rising bottoms and rising tops. passing through the Upper band which is at 147.1, it will only stop at 148.1. The VWAP coinciding with the MM100 means that the 145.5 zone is a big support. Here are the supports and resistances: S: 145.5 / 144.2 / 143.0 A: 147.1 / 148.2 / 149
Monero (XMR) technical analysis: Trade setup : Price is trading in a Channel Down pattern. It rebounded from Support zone ($125-130) and reached stiff resistance area near $150. 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. Pattern : Price is trading in a Channel Down...
Notice how beautiful the high channel formed by XMR is! At the moment XMR is surfing the median of the Keltner channel towards the upper channel line (at 146.2) which is strong resistance. Breaking this resistance it will face the MM200 at 147.4 to meet the upper base of the bullish channel at 148.4. XMR is one of the most decentralized privacy coins. Here are the...
Monero (XMR) technical analysis: Trade setup : Price is trading in a Channel Down pattern. It rebounded from Support zone ($125-130) and reached stiff resistance area near $150. 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. Pattern : Price is trading in a Channel Down...
We live in a world today where technology is constantly advancing. As technology develops further, we continue to strip a piece of our privacy away with it. This is where Monero comes in. Monero is the solution to privacy when it comes to cryptocurrency. Depending on how crypto adoption takes place in the future, Monero could be integrated for multiple-case...
XMR short setup looking good on daily timeframe. We have clean downtrend forming (LL and LH). Price touching 200 EMA which has previously acted as a strong resistance. 200 EMA lines up with fibonacci levels + trendline 3rd touch. We can still see some bullish action from the CPI data but expecting it to be short lived. Send it to the goblin town.
Past Performance of Monero The Monero climb to spot rates is encouraging. From the daily chart, XMR is up roughly 30 percent from November lows. The good news is that the losses of early November have almost been reversed. Therefore, although trading volumes are light and traders are hoping for even more gains, sellers are in a commanding position from a top-down...
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, Neutral on Medium-Term basis and Downtrend on Long-Term...
Bulish Flag Has already Broken Expecting 8 To 10% Bulish Move
I think xmr will move down soon. The supply zone is a good place to look for sell/short
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) Entry: market and lower Target: 165 - 195 - 230 Main target zone: 220 - 250 after first target reached move ur stop to breakeven Stop: ~99 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward:...
Past Performance of Monero Monero plunged 32 percent from H2 2022 highs. However, losses were temporary as prices bounced to spot rates, looking at the performance in the daily chart. Technically, buyers have a chance from a top-down analysis. Notably, XMR has support at around $115, coinciding with the 78.6 percent Fibonacci retracement level of the H2 2022...