- 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 ) -...
Hello,Traders!
MONERO broke out of the bullish flag
After it retested the strong horizontal support
And I am now bullish biased on the coin
With the target being the high of the flag
Buy!
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Hey traders,
Looking for altcoins to buy,
this morning with my students we analyzed Monero.
The market is approaching key daily structure support at the moment.
Steadily falling within a bullish flag pattern, the coin may start growing sharply after its bullish breakout.
You need at least 12H candle close above the...
Privacy is totally undervalued in todays market. Monero is tried and proven and worth of an adequate valuation. Specially over projects with dubios fundamentals like mobilecoin - what i consider to be a shitcoin.
- 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...
Hi everyone 👋🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 XMR /USDT - WEEKLY Tme-Frame - Heiken Ashi
📌 Fibonacci Channel - CUP and CANDLE Pattern - Cycles
📍MONERO / USDT is looking so bullish based on its possible cup and candle pattern along with cycles it has made
📍Monero is a privacy coin which is one of favorite of those who value their privacy and...
XMR to $800+ in the cards
www.thinkmarkets.com
contiuation of decrease in volume as channel trend lines converge confirms pattern.
Usage metrics bullish as ever. XMR is long overdue for a real pump imo.
NFA.
Looks like a massive Cup & Handle with the two tops occurring in Dec 2017 and in May 2021.
The cup's handle has formed a bullish pennant.
The pennant's stop loss, confirmation level, and target are marked.
The cup & handle has it's target marked and the measurement shown.
Market is currently supported by the 200 moving average which is bullish.
MACD...
Monero for the culture...As $BTC and $ETH fall victim to regulatory capture and the 2019-2021 class of crypto is exposed to be massively centralized, the $$$ that took $BTC to where it is today has to go somewhere to avoid exposure to the systems $BTC was built to break. My bets are $XMR and $RVN. Let's see.
The CUP and HANDLE pattern occurs after a bullish trend. The cup forms a round bottom and the price comes back to the previous peak. Then, the HANDLE zone is formed with a small descending period.
It is expected that, after this pattern, a strong UPWARD movement will come.
Goodluck!
Expecting a move back down to 240 is expected, and a break under 265 on SOW would be a sign we on the move. Considering that last week demand was still strong in presence, even tho it go absorbed at 285, I could expect more test of the zone before it would go down. Which would give us a even better sell entry when there’s signs of weak demand coming out of there...
Hey traders,
While forex market is sleeping after yesterdays' rallies,
here is a very peculiar potential trend following opportunity for you on XMRUSD.
The crypto pair has recently retraced and now is trading within a supply zone.
240 - 250 is our potential reversal zone.
You confirmation to short will be a neckline...
notice the retest after breaking out, rejecting the possibility of entering back into this channel
if we see this move followed by volume, something something rocketship emojis
KRAKEN
