XMRBUSD - Zone of SupportA confluence of Western Technical indicators identify a zone of support suitable for placing buy orders.
Entry: 220
SL: 200
T1: 280
T2: 320
RR: 3.0, 5.0
3M: Pivots PP
1D: Bollinger Band Lower
1D: Fibonacci 61.80% retracement, EMA 144
1D: Ichimoku Senkou A
Xmr
$XMR #XMR - Monero long - break of 2017 ATH soon?Monero (XMR) is the top privacy-centric cryptocurrency based on the CryptoNote protocol, a secure, private and untraceable currency system. Monero uses a special kind of cryptography to ensure that all of its transactions are remain 100% unlinkable and untraceable. In an increasingly transparent world, you can see why something like Monero can become so desirable. XMR has had a very strong run so far. In this 4H chart, if price stays above the green support box, then it is likely to continue to 440 - 478 to the previous ATH of 2017. A break below the green box would invalidate the bullish scenario in the near-term. Please follow BradtNom, leave a comment or link to your own ideas! Charts are for information purposes only. Not trade suggestions. DYOR (Do your own research) - act responsibly with your money.
The Monero XMRUSD Road Towards the Megabull - Up to 3,000% GainsHello All!
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Although the historical data is very little on Monero, this simple comparison seeks to compare the Megabull of 2017 against the current 2021 Megabull as seen as the blue fractal on the chart. The idea here is pretty straightforward, and like I said before in previous publications "History Doesn't Repeat Itself, but It Often Rhymes" and in this case I expect an action not similar but close enough.
Short-term, Monero has still not broken the previous ATH at $478~ so buying know at $315 is still an early entry.
In the incoming weeks, I would expect Monero to start defining a bull parallel channel or ascending channel on our log channel in the incoming months which will be the road to either the $4,000 first Megabull target or the second Megabull target at $10,000-12,500 around Oct-Dec 2021. Privacy coins like Monero and DASH tend to be very popular during the Megabull and offer such generous gains.
Summary of the Megabull / Bull Market Targets by Oct-Dec 2021:
$4,000
$10,000-12,500
Looking at few years from now, we can expect a multi year bear market to form a rounding bottom at $1,660-1,460 on Monero.
Assuming you purchase Monero close to the $315 levels, you still can make a maximum of 3,000% gains if this trade plays out as expected.
Best of luck and happy trading!
Carl M.
Please comment on my idea. Thanks.Xmr looked like manage to breakout couple days ago with good volume. But it seems there is a strong short-term resistance above the cup formation and the price rejected back from that resistance line which is the white coloured line. Also volume decreased significantly after the rejection which is really not so good for an upward price movement. We simply needed much more people trading and buying xmr to breakout succesfully above. Right now it also didnt seem to breakout downward and try to consolidate.
I m very willing to buy xmr because im sure it will go up. But when and how is 2 very important question. It can also form a triple top pattern before making the big breakout above therefore going down like in the first cup formation. Im watching and waiting before making any trades.
Good luck and be responsible with your hard earned money!
Always watch out for opportunities but be carefull.
XMR Buy a break setup.XRMUSDT - Intraday - We look to Buy a break of 332.3 (stop at 318.9)
Daily signals are bullish.
Price action continued to range between key support & resistance (310.0 - 331.0) although we expect a break of this range soon.
A break of bespoke resistance at 331.0, and the move higher is already underway.
The previous swing high is located at 345.0.
We look for gains to be extended today.
Short term bias is bullish.
Our profit targets will be 369.3 and 389.6
Resistance: 331.0 / 345.0 / 360.0
Support: 320.0 / 310.0 / 300.0
XMR Buy the uptrend.XMRUSDT - Intraday - We look to Buy at 312.2 (stop at 299.6)
Daily signals are bullish.
We look to buy dips.
Dips continue to attract buyers.
20 4hour EMA is at 311.1.
Trading close to the psychological 300.0 level.
We continue to expect further losses to be limited and look to set longs for a further drive higher within the channel.
Our profit targets will be 348.8 and 368.8
Resistance: 330.0 / 350.0 / 380.0
Support: 315.0 / 300.0 / 280.0
Compound profits. Only adding on dips until full retracement of the Bear cycle and new ATH.
I am not a good trader but this trade will print, undoubtable.
Monero vs Bitcoin | Final CallThe train is leaving for Monero (XRMBTC).
This is one of the strongest projects with lots of backing from all across thanks to its privacy features.
Monero is King and now we have a strongly bullish chart.
Prices have gone above EMA300/200 with momentum building up... As we move above MA200, we can see faster and stronger growth.
The next target is marked on the chart.
Namaste.
XMR / USD - Trading Idea>193, TGT - 250, SL = Take calculated risk
Wait for candle to close above 193
Monero is reaching a dangerous price zone!cypher harmonic pattern:
AB=0.38 XA
BC=1.41 AB
CD=1.27 BC=$187 *reached*
or
CD=0.78 XA=$273 *reached*
or
CD=2 BC=$586
!Dangerous price zone that has the potential to form bat, butterfly or crab! *unlikely but could have a negative reaction to the floor of the channel*
CD=0.88 XC=($320-$350)
Monero, some thoughtsJust an idea, my personal opinion
Are we approaching a new steeper Uptrend Channel on XMR? ;)
If so, follow the arrows!
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***ALL MENTIONED IDEAS ARE MY OWN OPINION AND ARE NOT A TRADIGN ADVICE***
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XMRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price of a washer falls below its support line and compresses itself and starts moving upwards. If it does not go below its support line, it is possible to climb higher, but we must be careful.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Trampoline to the sky?!🪂Get ready, wolves🔥
There is one more interesting trade for this day.
Symmetrical triangle on XMRUSDT on small frame, which means instant money for you💸
There was a strong bullish sentiment before. So it could be a good confirmation for bulls.
However do not rush the trade and wait for the clear breakout.
According to Elliott Waves theory Wave C is done and price is heading to Wave D, but this triangle may be circumcised and breakout much earlier.
So follow the chart and look for the best price to enter carefully.
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And always remember: "we don't predict, we react".
XMRIf you are looking for an old warrior rising from the ground check out XMR week chart. Next test of 4855 resistance will be the third on weekly and that makes very prone to breakout. Next will be 5400/ 5800/ 6200/ 6600.