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...
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...
- 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...
monero showed a mild bear divergence at ath and price corrected off of it.
price now finds itself consolidating mid channel in a resistive patch however price is supported by a HVN and the trend is up
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.
KRAKEN:XMRUSD broke two important technical resistance levels: diagonal resistance line and 200 DMA. Now is consolidating under the HTF resistance of 288.
Considering the general crypto bullish trend and that also BINANCE:XMRBTC has fallen to the HTF support of 0.0502 (where we should see a bounce) it is likely that the trend in KRAKEN:XMRUSD should resume...
The touch points in blue to help determine the arc.
If it stays in the arc and goes break through the yellow and blue horizontal line it can potentially going to $400 or more above by the end the year.
Provided there's no crash or big correction in the stock market.
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!
The confluence is:
1) Gap at 267.76
2) Trend Line
3) EMA 10
4) EMA 20
5) Pin Bar
Entry is at the closing price of the candlestick in the form of a Pin Bar. Pin Bar formed at EMA 10, EMA 20, Trend Line, and Gap.
Title says it all. Potential long term play for $XMR. I would love to see a slight pull back first but then switch mega bull. Not saying we get to 5 digits right away but over a decade perhaps. Will play the swings.
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...
Monero is seeing a price movement uptrend with a retest and 269.5. I am forecast a bullish market wiith entry points before the break of the second resistance, with a SL. Tell me what you think about this pair going Long
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...
The following content is machine translation:
XRM is rising steadily and is expected to strengthen.
The morphological trend is wavy, and it is currently in the upward pattern of wave C, and wave C will overtake wave A.
With the gradual increase in the currency price, the trading volume continues to be bullish.
The indicator macd energy column is above the zero...
KRAKEN
