I won't be talking too much about how bullish XMR is currently. But we just went along quite aggressively considering multiple technical aspects of the current price action. The most important is obviously the weekly break and close above the long-term downtrend trendline. Secondly, we have the price hoovering above the 61.8% Fibonacci level for quite some time...
💎 Since #XMRUSDT's bounce and rejection of the 78.6% Fibonacci support, coupled with the uptrend trendline, we're seeing the price gravitate towards that trendline once more. This suggests that buying pressure could be ramping up, opening the door to a significant upside potential. 💎 However, this bullish scenario will hold water only if the $130 psychological...
The bear market bottom was set June 2022 for Monero, XMRUSDT. After this low was hit, we are seeing a long-term recovery phase. We have a strong resistance level around 180. Each time this level is hit it becomes weaker. Monero is on the move again based on this 3D chart. The last two candles closed bullish and the current one is pushing prices above EMA10. ...
Both 2022 and 2023 have been challenging for crypto. But there is a bastion of stability in XMR. You can see in this chart how stable that coin is (no pun intented) vs the volatility of the rest of the crypto space. Whilst BTC recovered and so did the other major cryptocurrencies they are still hugely susceptible to volatility. Monero on the other hand enjoys a...
In recent weeks, XMR has demonstrated a persistent trend confined within a defined range. Significantly, it has breached its upward trend line, indicating a shift towards a corrective cycle on the daily time frame. Presently, XMR is trading within the $153 range. Notably, transaction volume has experienced a notable decline, falling below the 30-day...
Seems Like Getting ready for Massive Breakout formed Descending Channel In 3 days Timeframe Incase Of Breakout Expecting 180 to 200% bullish Wave
Bearish XABCD pattern. Once this support is broken, we can take an entry @ 157 and have the retracements for our planned take profits as follows: 🚪Entry: 157 💰Trade: Cross 10-15x (2% of capital) ⛔SL: 10-20% 🎯1: 152.91 🎯2: 148.89 🎯3: 144.88 🎯4: 139.16
After an expected pullback, we are re-entering the XMRUSDT long as it offers a much better risk/reward opportunity.
XMRBTC - If you are waiting for the backtest of that massive breakout, you may not get the chance for it. Last cycle it ran 1500% against BTC before officially backtesting the break. Cheers,
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the XMR symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
XMR has rejected the uptrend trendline, after which the price has produced a new higher hight. This by itself is a bullish sign, but we must not forget about the potential Head and Shoulders reversal pattern, which is also taking place.
Monero has been heavily underperforming BTC for a long time, this means you are taking more risk holding XMR than if you are holding BTC however, I see XMR is beginning to enter a super bullish state, with a maximum TPI value of 1: This could mean that we could see a nice trend to the upside:
On the last Cicle I was able to get in on BCH at HKEX:80 EVEN THOUGH every single influencer and youtube were betting against it. The Token KILLED it wtih 1500% gains. I know everyone wants 5,000,0000 % returns and if not then the token isnt work it. Blackrock Stated the like open source, decentralized and permissionless tokens and CHATGPT gave me the top 10...
Monero has been trading in a downtrend for a while, and almost strictly within the red shaded (fib .236 - .382) area for 11 months straight. It has a date with destiny soon though, and will either breakout within the shaded triangle area or collapse down to the $145 range. If Monero clears the .382 fib line at $172.60, I really need to see a firm retest. To...
So far it looks like a trend is holding up. There was breakout. Will it hold is another question... The sharp drop was caused by sharp BTC rice. If everything holds the top would be roughly correlating with the XMRUSD analysis. The peak would be somewhere around 2025-2026.
Monero is currently in an accumulation zone. Good zone to buy long term. With monetary privacy concerns over the next years, Monero seems to be a good alternative to hedge agains CBDCs Not Financial Advise.
Good day everyone, The daily time frame suggest that XMR can see a massive move to the down side. Calling out for all of eternity XMR incoming measured moves of $118 then $66, I could give you all 5 layers of confluence I see but what fun would that be, hint one of them...starts with a H ends with a S...Happy Trading folks!
Hey Everyone, just wanted to let you know what to expect on XMR in the shorter and longer time frame. Cat Ears pattern suggest a move back down to $ 147,bigger move suggested of $115...good point to load the bags....