Dear traders I wanna introduce our next hero xmrusd,as we see on the chart monero has broken daily resistant trend line and in 1h it has broken another resistant trend line so if you want to make money get on the train and enjoy bull candles.I think maybe It is the third wave of ascending.so I can see extraordinary targets for this star.
Monero chart is showing bullish accumulation.
Higher lows after higher lows.
We should see more upside soon.
We are bullish on Monero coin.
280$ is the target
Good luck
Based on the observed chart patterns and my technical analysis, I strongly believe that XMR (Monero) is poised for a downtrend in the near future. Exercise caution and consider implementing risk management strategies when trading.
It looks like Monroe wants to get the 500 back
M onero is currently in a weekly bearish channel t hat it has reacted to three times. It seems that the daily support line can help Monero break out of this bearish channel. In this case, it can reach 500 dollars or even more.
Following
We have hit the bottom of the trendline.
Long position triggered:
First Profit Target: 187.00 (previous high)
Second Profit Target: 195.00 (channel high)
Stop Loss: 115.00 (previous higher low)
Risk/Reward ratio: 3.78
Similar to KUCOIN:MATICUSDT , a bullish channel has formed for KUCOIN:XMRUSDT .
A touch of the lower trendline could see a bounce back up to the upper trend line.
Price action in KUCOIN:XMRUSDT is more conservative than other alt-coins
A bearish trend is applicable.
The ideal short entry is around 162.50.
Increase the short exposure for a break below 155.00.
The target price is set at 140.50.
The stop-loss is set at 173.00.
The double top pattern might set the target price even lower.
The Dow Theory is a well-known financial theory developed by Charles Dow, the founder of Dow Jones & Company, in the late 19th century. The theory suggests that the market is in an upward trend if one of its averages, such as the Dow Jones Industrial Average (DJIA) or the Dow Jones Transportation Average (DJTA), advances above a previous important high and is...
Hello Fam!!
It's been quite a long time since I've sent out an idea on my charts!
Today we are going to look at XMR in the HTF's
For the past 242 days, it has respectfully moving within a descending price channel
Although it is best for us to Trade the Range Until it Breaks, if this Gem does break upwards, it would be a very good HODL coin.
I would be aiming...
Hello, welcome to this XMR /USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- monero (XMR) also surged earlier in the day, as it edged closer to a key resistance level.
XMR/USD moved to a peak of $178.15 earlier in the day, which comes less than a day after falling to a low of...
It is expected that XMRUSDT will rise against the US dollar to areas between 200 and 240 dollars, and the completion of wave c, and then collapse again
Monero looks to be trapped inside this symmetrical triangle which has formed after another rejection when trying to break through the upper bounds. There's a nice parallel channel formed for the price to fall back into but it may need a little wiggle romm first based on historical S/R levels.
We can see the price reaching the lower edge of the aforementioned...
