After the delisting news XMR went all the way to 100 only to bounce back after clarification from the XMR team. We see a strong downward from hereon.
First target: Blue line
Second Target: lower green line
Third Target: Bottom pit.
📉Hi Traders, Investors and Speculators of Charts📈
If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle. I've also referred to this as Elliot Wave Theory Wave 1.
Monero / XMR is an altcoin that still has massive upside potential for the coming bull season. But when analyzing Monero, I...
MONERO is showing one of the largest bullish divergence gaps I've seen in a long, long time, after dropping about 40% in a day. This was obviously a coordinated attack to manipulate the price of XMR, as it is hated by the power's that be, because it can not be tracked, traced or controlled by their corrupt ring of criminal governments. Their pathetic attempt is...
After a significant downward movement, when the price reaches the 4-hour Order Block (OB) and reacts to that level, possibly sweeping liquidity with that shadow, it presents a great opportunity for a buy.
Now at 147 support by lower limit of the channel
bullish scenario
Resistances 161 in 50 ema, 170 horizontal, 180 pivot high, 206 upper limit channel
bearish scenario
Supports 137.7, 131.9 pivot low, 117.8
XMR/USDT
Looking at the monthly on XMR, I can see it had a very strong buy back, it's looking very strong which means that most likely there will be MORE upside on it.
I expect to see $180 area acting as resistance, 4H trending to the upside meanwhile DAILY chart is preparing for a DEATH CROSS (55 and 389 EMA), I doubt it's gonna be a deathcross because it's...
Ah, the Monero chronicles! Picture this: back in October 2023, XMRUSDT shattered the colossal triangle pattern that had been brewing for a whopping 500 days. It wasn't just a breakout; it was a seismic shift, a bullish beacon illuminating the medium and long-term horizon.
Fast forward to the aftermath—a robust pullback, precisely what the bulls ordered for that...
Hello everyone,
This is the last chance for #XMR to start moving to the upside.
But the bad news is that OBV shows weakness, which makes the situation complicated.
If it cannot hold this dynamic support, then we should expect more downside.
Cheers!
Mr. Cryptotracker
XMR is closing monthly November candle with very bullish price action which implicates there should be more upside in December.
Always manage your risk and use stoploss. Not a financial advice...
The coin had been trending in a bearish trend printing series of LHs and LLs when a bullish div was made. It may start bullish trend now if indicated level is broken on upside. Buy stops may be placed.
Monero is another asset that no one has been interested in for over a year.
Yet there is clear accumulation going on, with a backtest of the old all time high as support as the first low and continuous higher lows subsequently.
You could size this up by having the last low as your invalidation point.
This asset looks incredibly promising, the only doubt is...
Presently, XMRUSDT exhibits a bearish trend characterized by a descending channel pattern. Identifying the chart at a Lower High (LH) juncture, Initiated an immediate entry, establishing the preceding LH point as the stop loss. To determine Take Profit 1 (TP1), I utilized a 1:1 risk-reward ratio. Additionally, Take Profit 2 (TP2) was calculated based on a 1:2...
It is one of the symbols that is moving above 500 days in a limited RANGE. This symbol appears to be completing a very large diametric.
The green area is the strong bottom. Now it seems that we are in the last correction wave, that is, G from G.
The last corrective branch i.e. wave g of G is expected to be completed and the bullish wave will begin in the form of...
