Since June 2022 Monero (XMRUSD) has been moving within a sideways channel with a bullish bias, that is, printing higher lows. A year is a very long time in Crypto and what will happen next is something big. This long-term consolidation phase can continue, believe it or not, but it can also break anytime. Once the massive bullish action start, you will wonder...
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
Target as well as stop loss indicated on the chart. After reaching the first target, the stop loss is moved to your entry price into the position. If the price is lowered again to this level ($172.72), there is a possibility of a good price decline. Risk management per position 2-5% The previous trade idea brought us two target
✅MONERO is trading in an downtrend And the pair was making a bullish correction But it has now retested a horizontal resistance level From where I am expecting the pair to go down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! MONERO is has hit a strong horizontal resistance level And we are seeing a good bearish reaction The coin is in the downtrend Therefore this presents a calssical trend follwing opportunity For a short trade Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
In daily timeframe, The value of Moving AVG( 200 ) is being broken. it may be the beginning of an uptrend. But we have to wait for two more candles and get approval. Please comment and be sure to like because it motivates me.
The current 78.6% retracement is = distance of last big move up AB= CD will cause a bit of trouble but once broken looking at Fibonacci projections that take us to 390-- then 411 then all the way to 450 .. then we will see what happens. See screen shot attached
Monero $20 Psychological target in 1 year. Bitcoin and Altcoins will make people's wives leave them. L1000X Labs
💎Technical Analysis Summary💎 BINANCE: XMRUSDT -Monero is back at a key area of support for the 3rd time -This is technically not good in terms of Bullish price action -The support becomes weaker the more it gets tested -If you are holding XRM, please be cautious -But if you are looking for a Selling opportunity -Wait for the support breakdown before entering a...
This is a swing trade, take notice of how you're looking at almost 2 months of candlestick data. XMR is bouncing in between 2 major monthly support / resistance zones. September crash in the markets across the board, XMR found it's bottom support at $86 (found on a monthly TF) and since then has been continuously rising until last week when it rejected off of the...
Possible upward movement - on the daily. Bullish daily candle, after change of direction doji + saucer buy pattern, on a fast AO oscillator. Target is just a guide - exit on change of trend.
Allowing for higher in a developing impulse! Either a pair of ones and twos have unfolded, or wave ii remains incomplete and is tracing out a flat. There's no change to that view. A break of 55.47 would be needed to dismiss the pair of ones and twos. If it is breached, 50.83 would become critical support for the bullish case. Key Levels: 38.50, 50.83, 55.47, 78.34
This trade idea is for demonstration and educational purposes only. Trade at your own risk. We see a possible teacup formation. Key things to note: 1. Price is being contained within an ascending channel. 2. Price is very well respecting the 50% fib level and using this level as dynamic support. 3. Possible makings of teacup in terms of handle formation....
The structure is downtrend The price broken resistance and lower low forming. --> Sell continuous tendency !
Long position: Buy: 150-160$ Stop-loss: 120$ Target: 190-200$ Term 1 week
Verium has found the support at $1.74, where it formed a double bottom, along with the bullish divergence on the RSI oscillator. The price went up breaking above the descending channel and the 50 Moving Average. As VRM/USD continues to produce higher highs and higher lows, the price is likely to continue increasing. The first resistance is seen at 76.4% Fibonacci...