Next levels - XMRIn Orange ball, untapped supply zone
Grey box, strong resistance,
Black line, descending trendline
Xmr
🆓Monero (XMR) July-7 #XMR $XMRXMR just broke out of the $220 resistance area and is heading towards the $270 and $360 areas. However, if the selling comes back and makes it lose the $220 area, it will fall back to the $180 zone
📈BUY
🔴Buy : 215-225$. SL if B
🔴Buy : 265-275$ if A. SL if B
📉SELL
🔴Sell : 265-275$. SL if A
🔴Sell : 355-365$. SL if A
♻️BACK-UP
🔵Sell : 215-225$ if B. SL if A
🔵Buy : 176-184$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Monero on course for big bullish breakout!Chart: XMR/BTC (Daily)
Monero has been pushing up gradually and consistently, the 0.5 Gann Box price/time line has been hit. If Monero pushes past this convincingly, this line will turn from resistance to support and we can expect more bullish action.
Monero took a big hit from the recent crash and could be a very good time to buy back in.
Next resistance points include: (a) 0.011475 (b) 0.019546 (c) 0.027618 (d) 0.03569. Depending on how bullish you are would determine your targets.
Let me know in the comments what you think!
Disclaimer: NOT professional advice, invest at your own risk.
💡Don't miss the great buy opportunity in XMRUSD @monero
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (199.27).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 222.66
TP2= @ 244. 05
TP3= @ 274.92
TP4= @ 307.92
TP5= @ 344.90
SL= Break below S2
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💡Don't miss the great buy opportunity in XMRUSD @monero
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (199.27).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 222.66
TP2= @ 244.05
TP3= @ 274.92
TP4= @ 307.92
TP5= @ 344.90
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NEW MAIN TARGET BTC 36K + BEFORE MAIN TARGET 33k HIT!Hello trading friends,
This are an update for BTCUSDT MAIN TARGET UPDATE.
We did add before a main target of bitcoin to 33600, and we can say that the main target is hit, its time for a new MAIN TARGET, and that's 36k+
This was our before main target for bitcoin 24H AGO:
There are signals that show in the long term a recovery into bitcoin to uptrend - We know BTC is the game of whales, and sometimes there should be a small downtrend before a healthy uptrend.
# SINCE we did start with main trend updates, we can say all of them already hit - the next one is 36K
Don't expect from bitcoin that it will go directly to your goal target, bitcoin is for those who have good plan disicpline and patience. I think the most time you will be also right - the reason that most lose are because they have
low space price action and trade with high risk.
Day trader rules
# Don't add more money to save lose the order
# Don't trade with no stop limit
# Don't trade with no plan
# All 2 sides are possible
# Know before entering order whats your SL/TP
# Work slowly to your goal
# Dont hope, the market goes on its way
# There is no cheap or expensive in the market
# Make trading notes
# Take a break
# wining more times means not there will not come a loose order.
# Better w to lose an order with SL and out than to lose all.
# Build your account to a high level
# Riskmanagement is the key
# Don't be panic, take slow actions. when you feel panic, then you do what wrong.
#Don't change your plan
# Don't take to high risk
# Have always enough space between the price action
# Don't trade the news, as the news most time counted into the chart for example by inside news.
# will the breakout come, then its fine, in trend it's not coming, we still following the next trend. This trend only bases on whale wallet move. ( the possible breakout)
Have a great trading day! and if you like the content give it a like and follow for the new live chart updates. thank you
XMR Analysis of 4y Monero Price Movement and Yearly ExpectationsMonero is probably one of the few old cryptocurrencies that has retained its value in monetary terms, as well have the main old-school function of the crypt - anonymity!
Crypto anarchists who value the anonymity of the crypt, buy XMR and hold for years , and such actions allow the price of XMRUSDT to adequately keep on the global chart.
Today we will look at the XMRUSD chart on a 3D timeframe, touching the previous 4 years of trading and try to look into the future for a year)
In December 2017, the maximum value of Monero was established - $478 . After that, XMR holders had a difficult 3 years (1 year of decline + 2 years of consolidation at the bottom) + 1 year of growth. And now, after +/-1230 days. At the beginning of May 2021, the price of XMRUSDT was able to renew the maximum , setting it at a new level of $519
But literally, a few days later, it became clear that this was just a false breakout of an important level. And already on May 19, when the entire cryptocurrency market was fall, it became clearly visible on the XMRUSD chart at what price XMR investors are ready to buy this asset in addition.
The mirrored level of $115-125 has shown its importance 4 times over the past 4 years. In the fall of May, it was from there that an aggressive buyout took place. The drop of Monero was -75%, which is higher than the average in the crypto market during this period.
However, there is also a positive factor. Today, when the price of BTCUSD is again dropping towards the critical 30K$ and most of the alts are surpassing BTC in the rate of decline, and some are even preparing to renew the minimum of the last month, the price of XMRUSDT is being held with dignity, long-term investors are not selling yet.
What we saw on the chart makes us think and assume that the price of XMRUSD will most likely not fall below the critical zone of $152-162. In this case, a global pattern can be formed on the chart to continue the " Cup with a handle" trend. The upper target of such a figure, after fixing above $500 , will be around $1800 per XMR.
It is also always worth keeping in mind an alternative scenario in case the price of BTCUSDT will drop below $28,000 in the near future and continue to move down, then altcoins will not be able to resist this trend.
In this case, the global zone for buying Monero for the long-term long will be at the range of $50-80
Write in the comments which scenario of price movement you prefer, and what developments you expect.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
XMR/USDT Getting ready to try for breakout XMR/USDT
Forming head and shoulders can try for upper resistances
liquidity looks good and in our favour
ema and ma can cross bullish soon
you can wait for breakout or buy the support
BITCOIN 33600 ARE THE NEXT MAIN TARGET FOR THE TREND AND...Hello trading friends,
This is an update for BTCUSDT FOR MAIN TARGET 33600 USD.
Depending on the last trend study and TA trend bitcoin have a huge chance to break down to 33600 USD.
This means not that we cant see a breakout trend - as always we should check the trend into 2 sides, but depending on expecting and trend it shows 33600 can be the next golden target for BTCUSDT.
We will follow the trend with you, and update you soon with the next chart.
Follow and like for more updates.
Day trader rules
# Dont add more money to save lose order
# Dont trade with no stop limit
# Dont trade with no plan
# All 2 sides are possible
# Know before entering order whats your SL/TP
# Work slowly to your goal
# Dont hope, market go on them way
# There is no cheap or expensive in the market
# Make trading notes
# Take a break
# wining more times means not there will not come a loose order.
# Better w to lose an order with SL and out, than to lose all.
# Build your account to a high level
# Riskmanagement are the key
# Dont be panic, take slowly actions. when you feel panic, then you do what wrong.
# Dont change your plan
# Dont take to high risk
Have a great trading day!
BTC MAIN TARGET FOR SHORT ARE 34222 USDT - TA AND TREND DATA ..Hello trading friends,
The expecting Short idea target for BTC MAIN TARGET is 34222 USDT + -
This is the 3rd chart expecting for bitcoin and the last one for today for a short idea for BTCUSDT.
We did explain in the before idea more details about the short target see the idea below
And also that 35500 are an important target for the breakdown trend see below chart.
Have nice trades, and trade safely with checking the 2 sides.
check other charts here above for more info also about the long trends.
Follow and like for more updates, thank you
XMR (Monero) - Trade setupXMR looks weak for now, but after a few hours of consolidation, in case the price crossed and closed above the resistance area, you can open your long positions or do a short-term buy and sell and aim for those two targets I've put on the chart.
The first target is the safe one. The second target needs a way stronger volume which I don't see at least for now.
Current Market Price: $213
Good Luck
Tell me your ideas. Like and Share
BITCOIN NEXT EXPECTING MAIN TARGET 35k DEPENDING TA AND TRENDS!Hello trading friends,
This is the second update for BTCUSDT.
This update is for the expecting main trend update for Bitcoin.
At first, we would say that we see a bottom wall trend on 29K - is there a way that we will hit this target before we will enter into an uptrend? yes, it's possible. but we focus by this chart on the increasing trend and possible trend chance that can hit.
There are 2 important HIGH zones. The first one is the 29K trend for short, and the second one for long is the 42k trend.
between these 2 important high zones, we have a 35K trend for long and 30800 for short.
As long the chart price play between these prices there is no real change into the trend, when we break these prices with confirmation we would see a trend change.
Depending on the shart show there is a huge chance that bitcoin will break out with the time frame to 35K trend, this means not it will happen directly, but with the time frame, and later we should get some confirmation for this trend.
At last, we end with: the trend is more than only the expecting of 35K, but the focus is on 35K.
Like and follow for more updates,
Thank you
Have a good time all!
🔥 XMR Triangle Break Out SoonOver the course of a week or so, XMR has formed a triangle, clearly visible on the H1 chart. Currently, the price is trading very close to the top resistance of the triangle, potentially breaking out on the top side.
The next move is highly correlated to BTC. We're currently seeing a bullish reversal from BTC, which naturally means that the alts will follow. However, if bears will take over today/tomorrow, expect XMR to fall, potentially fall through the bottom support of the triangle.
Keep an eye on this one. A break out could lead to a massive move in either direction. Always look at BTC as well when trading alts.
Happy trading!
Can we expect a breakout to 33k + from this zone trend ? YESHello trading friends,
And this update is the last update for today for BTCUSDT with the question can this be a good point for breakout BTCUSDT. and the answer is yes it's possible as data shows that we can meet any time a breakout to 33k + the same time we should have a great SL on the risk zone below 30200. ( this all depending on trend study, there could be actions into Bitcoin that can change the trend, and most BTC users know this, so that's why we add also the risk management option.
Are BTC now healthy to make a safe trade?
Bitcoin is at this moment not stable.. prices change too fast, if you have low prices expecting, it can be ended not good. for those having trades with good price changes would this an option to check BTC.
At this moment there are still expecting for 35K trend on long-term main trend.
we still hold the possibility that the trend will get a breakout, and at the same time, we follow risk management if the price hits below 30200 zones with the possible return action.
What means this update at all?
it means the price can break out to 33k + with a long-term trend of 35K, and at the same time to check the risk management of 30200.
follow and like for more updates
This was the last update for today - btcusdt, have a great time.
BITCOIN RETURN TO 35K POSSIBLE - BTC ON IMPORTANT ZONE!Hello trading friends,
I hope you had a great time!
Today with the new expecting chart for BTCUSDT.
We have seen last time a breakdown trend into Bitcoin, where the most users get into a panic trend, and as we know bitcoin is a game of whales. so in this case whales can make some changes into trends that can show a big price change.
Depending on the last trending expecting bitcoin increase trend possible to 35k+ trend , at the same time we should have good SL for RISK ZONE as the chart shows.
Into this chart, we try to explain that we can see an increasing trend into bitcoin to 35k trend. same time we should always have a big wall into the trend of the Risk zone. by the time we will update more charts with confirmation trends.
Trade safe.
Soon more charts with more explanation depending on trends and data.
Have a good time all!