PA multi timeframe analysis on XMRUSDT waiting for 4H break of structure for potential short entries.
The 45m chart is passing the 200ma. It's working on getting above, if it can find support above this is bullish for immediate price action. The 4h chart has a good squeeze indicator and Directional Index is trending positive. Monero has a good deal of % gain possible before running into previous highs that might be resistance. This is a High Risk Long, but...
XMR has multiple rejections of the 20 EMA in the weekly, as well as 4 rejections of the 200 MA in the daily. In addition, it is currently facing a downwards Trendline. RR of the trade is 3.07.
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 ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure...
the price is trying to grab new liquidity from the daily demand zone in order to create a new pullback ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
The price had a false breakout from the dynamic daily resistance and now the market is testing the local demand zone. How to approach it? IF the price is going to have a breakdown from it and retest the current support as new resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. ...
XMRUSDT is creating a descending channel on the daily timeframe. On the 4h timeframe the price is creating an ascending channel inside it. The price is above the weekly support on 185$. How to approach on it? IF the price is going to lose the support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure ->...
the price tested again the 0.786 Fibonacci level on the monthly timeframe and have a breakout from the descending channel on the weekly timeframe. As you can see the price has a confluence on 227$. On the 4h timeframe the price created a descending channel had a breakout but without momentum. So How we can approach it? If the price is going to loose the...
Hello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for XMRUSDT Clearly, the price is fluctuating on the long-term support line and if it moves over this line and fluctuates there, then it will have a proper rise upward to the resistance line. But in case it moves below the support line, it faces more fall....
Monero multi timeframe price action analysis - waiting for a third push into HTF supply before looking for valid short entries on the LTF.
Hello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for XMRUSDT The price has a rise when it broke the white line. Now it is moving near the resistance line although it couldn't break the line and move over it. We believe it moves to the support line. If the price is not supported, it moves to the next support...
This is a video that details where the path of this rainbow began. It also just goes over how that whole ROYGBIV parallel channel thing can help anyone out in terms of indications, alerts, etc.
Short video just attempting to explain where I had gone the last several days. Originally when it took place on the 9th, it was supposed to be a week. Strangely, now that i come back to my profile to check in, it seems the ban was removed days ago. It's all just --agh-- as the video conveys, I'm not trying to be jerk- this is just -I suppose, some constructive criticism.
If XMR can get past this red downward trend line here, I believe we are good to go ...upwards. To say the least. My stop and sale would be at about 209.
Update to my Monero videos. My personal target was reached at 207.4 with a limit sell at 207.44, executed. This will remain a neutral position video, however I am bullish on all privacy tokens in the long run. I believe privacy tokens will eventually over the next year or so create their own little ecosystem, with XMR essentially playing as BTC within this...
A little accountability from me, as well as a brief run-down of Monero's gradual rise. Also quickly discussing: -thoughts on how I place my sells -thoughts on how I look at the aftermath of a large pump, ----and why Monero has created a nice asymmetric, rising triangle; as opposed to how it could have gone if Monero had continued to pump hard. If it did, we...
XMR sank back down after breaking slightly past the downward trend resistance (coming from March 8th's huge gain). With the respective correction and gradual 2 week climb back up, XMR is still very much poised to break out to new high not seen yet this year. Originally, I had assumed Monero would pump as soon as it broke out from that pesky negative trend...
Volume steadily increases... While price steadily decreases... I'm glad that I was able to bring ZEC back out on the daily ticker, on my last video, to observe the historic downward trend; because, I was able to notice something very bullish about Monero. As XMR's price continued to fall over the last year, it's volume steadily increased. This, to me, has...