Here is the move we saw today in XMR, opportunity to buy below the 161% extension zone. Lets all take a second to admire that volume spike
According to this chart a new ATH for Monero is on the horizon for sometime later this year.
I see the opportunity to BUY XMRUSD it is in strong up trend will go up to high again nothing to say more great investment Enjoy Trading If you like my work please help to like and follow Thank you
Monero 100% Winner Reward 2.57:1 Looking for it to go to top of redline (one for you to moniter), although I'm now out of the trade, having locked in my profits. Good trade. Hope this helps. Sean Vengan, Professional Cryptocurrency Trader and Tarding Educator
Almost hit target on Monero Long trade This is a 2.5:1 Risk Reward trade. Good traders manage their trade so bring stop to break even so we can ride this free trade Hope this helps. Sean Vengan Professional Cryptocurrency Trader & Trading Educator
Is the Monero Bubble looming? Could be! Price will be in the $300-2000 range.
Monero is showing bullish signs, MA20 is over MA50, RSI confirms it, but is near overbought. Market is seems to be testing prior resistance level, if trend gets confirmed, go long. Risk/Reward is over 5. XMRBTC pair is bearish, and slightly bullish on the last 5 bars on the 4H chart. WNZ Get live updates and analysis of the cryptocurrency market: t.me
hi, uptrend line see XMR a best crypto for long-term be lucky ;)
Monero broke channel, but still has not broken the triangle. There is a resistance zone on the 46-47 level. If resistance is broken, an entry could leave to 52 and later 59 level.
Monero has tested several times resistance on the $47 region. for long-term positions. A close above resistance, will lead to an immediate target of $52 However, price has been in range between major support and resistance zones for over a month. Moreover, there seems to be a timecycle we might take advantage for some trades. Bands in red and green are very...
Monero (XMR) is threatenng to break out on the upside. There is heavy support for it hear from the Inchimoku indicators and the moving averages This represents a good BUY opportunity. Hope that helps, Sean Vengan, Cryptotrading Mastery Professional Cryptocurrency Trader and Trading Educator
Watch for XMR if it breaks downtrend, with Stop-Buy at 45$ might be right, check DMI and RSI before placing order.
This is a pure TA, looks to me to be a Bullish setup, at least a Bullish Channel from these last days heading for a breakout, provided there aren't any catastrophic crypto news coming soon. Marked some possible prices in Red where I think price could bounce, which once they are broken I will turn Green as Support giving more buying opportunities before breakout....
As many other altcoins, Monero follows BTC movement. If we see a upward reversal for BTCUSD, the following strategy might workout. Place tight stop-loss order after going long.