The likely Monero drop may continue and amount to another 20%. The breakout exactly coincides with the lower line of the channel and is a price magnet level. Most likely, a series of delistings will follow and will not stop at one exchange . Now it is not the best asset either for hodl, or for speculation, or for transferring value.
Monero (XMR): Chart Analysis Indicates Multi-Year Bull Cycle Amid Privacy Focus Monero (XMR), a leading privacy-focused cryptocurrency, is captivating the attention of traders and investors not only for its unique attributes but also for the compelling price setup that suggests a potential multi-year bull cycle ahead. Privacy at Its Core: Monero isn't just...
Just get in, put stoploss. This coin has been doing it super well in the past. I think we will reach alltime-high soon. Trade save.
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...
This analysis for a swing trader who look for major support to enter. You can see that XMR already hit major support. this support are the most strong support for monero since the beginning. If you look for long buy and hold for bull run after CRYPTOCAP:BTC halving, this is it. Bullish target from this support at major resistance around 290% profit target at...
There are some similarities with the 2020-2021 fractal. If it's able to break into the next range (about 174-270) I believe something beautiful could happen to Monero next year.
they don't want u to know about this chart. seriously, they don't.
if xmr gets to this level im buying . spot long only
a heads up for when to hop on and hop off the crypto cyclical bull bear flat markets we have the pre halving PUMP the never ending dump and the post halving insatiable madness 12 to 24 day lead time forward price action meaning when BTC begins to PUMP you get validation 12 to 24 days later you miss out 15% to 35% in the alts you will miss out 150% to 300%...
OMXSTO:XMR ON (LOG) Targets $1200 then $3000 previous time it broke out of the descending channel it increased in price 706%, it just broke out again and if it increases in same % that will make 1 OMXSTO:XMR $1200
Higher because of the "third touch" at a resistance level, usually first two touches validate the resistance. The third touch breaks through, indicating a uptrend, This is actually market psychology and the belief that repeated tests of resistance weakens it! You have had 500 days to buy ad that major support level which is the white support line, OMXSTO:XMR ...
This trade has been so long coming, I am glad I could finally catch an entry point with a proper target and risk/reward ratio. Long XMR/USD @172.00
📈 What is a Rising Wedge? The Rising Wedge is a bearish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bearish reversal, with the price likely to break downward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two lower...
Basic, self-explanatory setup. XMR is brewing to break out of ascending triangle.