Get started

Xmr

Secret the only Monero bridge to defi. Opinion: Secret has gone through consolidation. But its relationship to XMR, is paramount to its growth. As the U.S increases IRS efforts, it is to be expected privacy tokens will be sought after, secret allows for XRM tokens to be staked. Its value should henceforth experience renewed interest and corelate with XMR. Very bullish on it here, aswell as its tech. Notes on how I personally use my charts/NFA: Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's and L's these percentages are still respected. I like to use the trading range to accumulate by using this tactic. Just my personal way of using this. This is not intended or made to constitute any financial advice. This is not intended or made to constitute any financial advice. FED Macro Situation Consideration: All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over. NOT INVESTMENT ADVICE I am not a financial advisor. The Content in this TradingView Idea is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained within this idea constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information.
Long
by TheBitcoinGeneration
1
Would You Short This Chart?If you would, you would be selling BTC and buying XMR! It's an inverted chart. It looks a bit like most assets markets did 6 months ago, and I thought flipping the chart would make it easier to see. Maybe we have a fundamental reason to care about private transactions during these weird times? Or perhaps just a timing coincidence. The fork is also August 13th. What do you think? BTC reigns supreme? We go sideways a bit more? Full on breakdown? Thanks for taking a look, and don't forget to hedge your bets!
XShort
by fringe_chartist
18
Monero Price Analysis — August 1Monero appears to be on a bearish trajectory towards the upper $140.00 area as the crypto market took a break from its aggressive recovery from last week. XMR tapped a high of $166.90 last week, where the price came into contact with my long-term bullish channel, prompting a correction. That said, the privacy blockchain cryptocurrency is locked on touching the $150.00 low in the coming days. On a larger time frame (daily stochastic indicator) the bearish correction seems warranted, considering the price has wandered too far into overbought conditions. Regardless, I do not see the ongoing bearish correction extending below the $146.00 mark, the projected base of my channel, before a bullish rebound kicks in. Meanwhile, my resistance levels are at $160.00, $165.00, and $170.00, and my key support levels are at $150.00, $146.00, and $140.00. Total Market Capitalization: $1.07 trillion Monero Market Capitalization: $2.95 billion Monero Dominance:0.27% Market Rank: #26
X
by Mr_Wogbe_Alex
XMRBTC Bars Pattern IdeaIf we duplicate the rest of the current corrective cycle through the bars pattern with similar geometry, it breaks out of the 5 year resistance! Not saying it will happen but it is intriguing. Similar ideas have worked. Additionally, it looks like we could still face 20% downside against BTC before the potential resistance break. What do you think? Will the XMR 5 year bear trend continue or will we get a breakout? Thanks for taking a look. Good luck and don't forget to hedge your bets!
X
by fringe_chartist
2
XMRUSDT retest the 0.618 Fibonacci level 🦐XMRUSDT on the 4h chart is trading inside an ascending channel. The price after the yesterday's impulse is now trading in a choppy way with a retest of the 0.618 fibonacci support. How can i approach this scenario? I will wait for the EU market open and in the case that the price will break above the 4h resistance i will consider a long order according to the Plancton's strategy rules. ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
XLong
by InkyGrip
2
XMR bullish wedge!Reasons to take long: ⭐️ BTC is bullish ⭐️ Formed local level ⭐️ Close to the end of formation ⭐️ Slowly squeezing to the level ⭐️ 4th touch ⭐️ Over VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
XLong
by Artem_Dishel
4
#Monero Surges 60% from 2022 Lows, XMR Prices May Retest $180Past Performance of Monero Monero prices are rising with the tide, adding approximately 60 percent from 2022 lows. At spot rates, buyers are in control, and prices are ticking higher in a bullish continuation pattern. Notably, from the daily chart, XMR is up 12 percent in the past trading week after breaking above $130 and May 2022 lows. #Monero Technical Analysis As per the formation in the daily chart, XMR bulls are in control. Following the break above $135 last weekend, the follow-through on July 18 was with rising trading volumes pointing to confidence. As XMR prices edge higher and XMR bars ride the upper BB, every low could provide traders with an opportunity to double down, with the first target being $185, a key reaction point in H2 2022. This preview is valid only if prices hold above $130 and the dynamic support level, the middle BB. What to Expect from #XMR? Monero bulls are edging higher, riding the rising crypto tide favoring bulls. In the daily chart, XMR is above $130, a former resistance level, now support. Monero could soar to retest May 2022 highs if the upside momentum is sustained. Resistance level to watch out for: $185 Support level to watch out for: $130 Disclaimer: Opinions expressed are not investment advice. Do your research.
XLong
by Bitcoin_Analyzer
1
XMR has made a solid break on the weekly XMR has made a solid break on the weekly and looks to add to the momentum coming off the bottom of this massive sell off. The setup is pretty much the same as with JASMY and XTZ. This setup is actually stronger though as it has a weekly high volume (144 period POC) node way above it. Price is attracted to volume more times than not; so this adds to the probabilities of the trade. I good spot to take out some gains is the weekly 21 SMA which currently sits around $180 (roughly +60%) but is declining so you will want to bring that in the longer it takes to get there.
KRAKEN:XMRUSDLong
by HumbleFutures
Monero Long-Term Extremely Bullish (90% Potential Profits)Monero is a classic within the cryptocurrency market and we have a great chart on this pair; Extremely bullish. This is the weekly timeframe for XMRBTC (Monero vs Bitcoin). Notice the triangle, the upper down-trendline has been broken. XMRBTC is trading above EMA50 and EMA100 weekly, this signal here is 7x stronger than on the daily timeframe. The RSI is also really strong while trending higher. The trading volume is stil low... But as the chart is bullish, this is a continuation signal rather than a bearish one. A 90%+ target easily accessible on the chart. Thanks again. If you read through all the articles you are a genius... Namaste.
Long
by AlanSantana
2
XMR - Has potential to enter the Game?Reasons to take long: ⭐️ Volume appeared ⭐️ Level is 2 months old ⭐️ Level is clean ⭐️ Volume entered the coin ⭐️ Looks stronger than a market ⭐️ Over VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
XLong
by Artem_Dishel
1
a Massive Bearish Wave is Coming For Monero !Monero is showing Some Signs that It might be It's Downfall and that it's gonna Decrease a lot! SO if you look at the chart You can See that the Price Is in 2 Bearish Patterns! One is a Bearish Pennant and the Other is a Rising wedge Pattern which is also another Bearish Pattern.If XMR would obey the Patterns that It has Created, the Price will Decrease a lot ! So we consider the Pennant Pattern( S1) The Price will be around 65% which is a lot of decreasing! If we consider the Wedge Pattern (S2) The Price will be around 99$ which might be the More Logical Target For Now. But Expect it to be bearish In any Case.This chart and Info are Provided by our Sponsor WHITEBIT Exchange. Please Check their Exchange Using the link down below. -XMR is in 2 Bearish Patterns -Bearish Pennant and Rising Wedge -bearish Pennant Target= 65$ -falling wedge Target=99$ (More Logical) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
Short
by CobraVanguard
4
$XMR - Short the week - It should bounce back around $105 *SMT**SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.* As XMR just finished creating the Break of Structure on the low side and came up short of breaking the structure on the high side, it appears that this was just a runned attempt at a bearish order block to be rejected back down into the last 4 hour fair value gap area. I marked the weekly consequential encroachment (Half of the weekly FVG, $121-122) and entered short there....As it's rejected it starts to head toward the bottom of the 4 hour FVG which is also a confluence at the 79-80% which is where most rebounds happen. and that number is 104-105 as an opening. On this one I could go either way but the earlier I enterered the less of % wager I would press and low leverage. The later the stage it gets the later you enter the more you can wager and add leverage. And taking from the smart money playbook the earlier and sharper the price rises during the week , the more it will fall as the week goes on. Low possibly being on Friday or Saturday, looking for it to get around 105 by then. If you watch the analysis week by week, It's an obvious pattern. WEEK 1: WEEK 2: WEEK 3: Current Week: Good luck and happy trading.
Short
by BodiesXWix
2