XMRUSDT has been trading near the horizontal resistance.
The price has broken above the falling resistance.
The bulls need to break above the level.
We are expecting bulls will break above the resistance zone .
Manage your trades accordingly.
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...
Hi Traders
XMRUSDT (4H Timeframe)
The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 148.52 resistance level. Only the downward break of 141.20 would cancel the bullish scenario.
Trade details
Entry: 148.52
Stop loss: 141.20
Take profit 1: 153.04
Take profit 2: 160.35
Score: 7
Strategy: Bullish breakout
XMR/USDT/PERPETUAL/1H
The price chart is in a short-term ascending channel, due to the breaking of the RSI trend line, there is a possibility of a downward trend. Commented:
$145
$142.6
$139
Monero is an old-school bastion of anonymity in the crypto world that has survived and is in demand. Because its "friends in the shop" from the first generation of altcoins DASH and ZEC are hopelessly depreciating, although they were once much more popular and expensive than XMR
Sooner or later, the cryptocurrency market will be regulated, and for holders of the...
MONERO has been trading with in a rising wedge from last 3 weeks.
The price has now broken above the wedge
The price is currently trading near the falling horizontal resistance.
The bulls need to break above the horizontal resistance to get complete control.
Manage your trades accordingly.
In 4H TF, XMR broke the trendline with a big drop of ~ 10% on . Now it is consolidating right below this trendline.
It's expected that the drop will resume because in higer TF (2D), the volume indicator MFI has just broken its trendline. This means that selling pressure continue to increase.
For this HTF view, please see the below screen-shot:
Over the course of 1.5 years, XMR has been trading bearish inside this well-defined bearish channel. All touches on the top resistance have been sold, all touches on the bottom support have been bought.
There's little volatility in XMR ever since the bottom of June 18th (6 months ago), so there's little reason to scout for longer-term entries.
I'm currently in a...
XMRUSDT has been trading in a ascending triangle. The price is converging. Now price is approaching to upper side of triangle. We are expecting a bullish breakout above the triangle. However, the price is making higher lows but is unable to make higher highs since the appearance of bullish divergence . Indicating converging of price and breakout is near.
The...
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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:...
Greetings citizens of the world
Monero price today is $145 with a 24 hour trading volume of 100 million dollar. XMR price is up 0.7% in the last 24 hours and 7% since last week
Monero is the top privacy centric cryptocurrency based on the CryptoNote protocol, a secure, private and untraceable currency system and after what happened to Tornado cash more "people"...
Looking gorgeous here tbh
Htf downtrendline break and following through w a green candle
Massive falling wedge structure
Still the best privacy coin as far as i know
I'm yet to be convinced that the Monero Cup with Handle has been invalidated as it would seem a small Gartley and some Hidden Bullish Divergence has formed at these highs and may allow XMR to hold the channel. As a result i will be doubling my position but tightening the stop with the same profit target as before and an end of week goal.
Could go either way currently we have upside momentum ....... But with alot more indicators factored in the downside 10% is more likely. we may move up a bit more first, so it may be mor like 13% buy the time we reverse.
As always DYOR
Watch XMR as it approaches the previous upper candle wick and the MA200. Lots of possibilities, though a rejection is the safest bet. Tight stop loss right above MA200.
The price is testing the dynamic resistance on 0.382 Fibonacci level after the breakout from the dynamic daily resistance
How to approach it?
IF the price is going to grab new liquidity and create a new bearish impulse, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure...
BINANCE
