XMR ScalpAppears to be in a three drive pattern on a short term trade. If you like to scalp then you could probably consider this one. Show me some love if I make you some money
Xmr
ETHUSDT potentially Double Zig-ZagI'm no expert and i'm still learning but this seems to have respected the principals to form a double zig-zag. Looking to correct and try 1500-1400 after the 1050 drop. XMR looking to correlate just not the same correction pattern and drop to 120-130 then try 170-180 before dropping to lower lows. Educate me here fellow traders.
XMR: Channel DownMonero (XMR) technical analysis:
Trade setup : Price is trading in a Channel Down pattern. It rebounded from Support zone ($125-130) and reached stiff resistance area near $150. This is a critical level. Price is likely to get rejected here, but if it’s able to break through, it could revisit $175 thereafter.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $125-130, then $100. The nearest Resistance Zone is $150, then $175, and $200.
XMRUSD: ABCD Bullish BAMM ContinuationWe have Hidden Bullish Divergence at the neckline of what appears to be a Bearish Head and Shoulders, XMR has been quite Bullish though and is still in the process of completing a Bullish BAMM so this may be a nice time to counter the Head and Shoulders Pattern and go for the 1.272 ABCD Completion.
XMR/USDT. It's going to breakdown the channel, we just wait for comeback for rest, when resetting will be confirmed then open short position at $142,4.
XMR/USDT Possible head and shoulders formation BINGX:XMRUSDT
XMR/USDT is one of the dinosaurs of the crypto world, the asset in my reading is set to build a head and shoulders formation.
The operational risk of this trade is low compared to the potential, I believe that in the break-even zone, confluent with the neckline of the OCO I will consider taking my risk out of the operation.
The Asset has broken out of an uptrend channel, which should lead either to a laterality or to a reversal context, if it is a reversal it is aimed at a correction in Fibonacci zones or even at the beginning of the uptrend channel.
That's my perspective for the future price shift.
So the targets in my reading for the asset will be; 139 / 128 / 120 / 105.5
🔴Disclaimer: The comments above reflect solely and exclusively my opinion, this is not a recommendation to buy or sell. Just a series of published studies, so that with the community we can discuss tactics and operational techniques.
🔹 Would you like to ask any questions, take that doubt? Feel free, I'll be happy to help.
Monero XMR prediction for the end of the yearThis week we have the CPI report and the FED meeting. I expect the stock market to go down and cypto to fallow it.
My price target for Monero XMR for the end of the year are the following:
XMR/USDT short
Entry Range: $148 - 155
Price Target 1: $140
Price Target 2: $134
Price Target 3: $125
Stop Loss: $169
Monero #XMR $XMR Simple AnalysisDont over complicate it, especially in a bear market
You will see more profits and have a stress free life by keeping it simple
Buys only above breakout line or at the channel lows around $40
Especially with Jupiter Pendulum tagged red
Look for a green tag on the breakout to confirm
XMRUSDT 1HXMR, formed a didactic bullish channel with rising bottoms and rising tops. passing through the Upper band which is at 147.1, it will only stop at 148.1. The VWAP coinciding with the MM100 means that the 145.5 zone is a big support.
Here are the supports and resistances:
S: 145.5 / 144.2 / 143.0
A: 147.1 / 148.2 / 149
XMR: Channel DownMonero (XMR) technical analysis:
Trade setup : Price is trading in a Channel Down pattern. It rebounded from Support zone ($125-130) and reached stiff resistance area near $150. This is a critical level. Price is likely to get rejected here, but if it’s able to break through, it could revisit $175 thereafter.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Neutral on Short-Term basis, Uptrend on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $125-130, then $100. The nearest Resistance Zone is $150, then $175, and $200.
XMRUSDT 1HNotice how beautiful the high channel formed by XMR is! At the moment XMR is surfing the median of the Keltner channel towards the upper channel line (at 146.2) which is strong resistance. Breaking this resistance it will face the MM200 at 147.4 to meet the upper base of the bullish channel at 148.4.
XMR is one of the most decentralized privacy coins.
Here are the supports and resistances:
S: 144.5 / 143.2 / 141.5
R:146.1 / 147.4 / 148.4
XMR: Channel DownMonero (XMR) technical analysis:
Trade setup : Price is trading in a Channel Down pattern. It rebounded from Support zone ($125-130) and reached stiff resistance area near $150. This is a critical level. Price is likely to get rejected here, but if it’s able to break through, it could revisit $175 thereafter.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $125-130, then $100. The nearest Resistance Zone is $150, then $175, and $200.
XMRBTC Broken Below Recent Rising ChannelAfter a really nice pump upward following on from a strong Buy signal over a month ago, we've now reached the point of return - a breakout on the down side of this rising channel, combined with a Sell signal from our Crypto Tipster v2 indicator would suggest a return to the next level of support.
There are two main levels of support below the current price, one at 5%, one at 15%, the price of XMRBTC should end up somewhere between these two levels. Keep your eyes on this one!
Long Term Perspective on Monero $XMRWe live in a world today where technology is constantly advancing.
As technology develops further, we continue to strip a piece of our privacy away with it.
This is where Monero comes in.
Monero is the solution to privacy when it comes to cryptocurrency.
Depending on how crypto adoption takes place in the future, Monero could be integrated for multiple-case use.
This is not a short-term prediction.
However, I do project new future all-time highs and reaching an $11bln market cap in the future depending on the state of crypto and privacy in technology.
$XMR #XMR #PrivacyCoin
XMR - SHORT SETUP!XMR short setup looking good on daily timeframe. We have clean downtrend forming (LL and LH). Price touching 200 EMA which has previously acted as a strong resistance. 200 EMA lines up with fibonacci levels + trendline 3rd touch. We can still see some bullish action from the CPI data but expecting it to be short lived. Send it to the goblin town.
XMR short- as you can see the XMR formed a huge falling chanel at daily time frame but ..
- there are rising wedge formed inside - also divergence defined: CCI, MOM, MACD, RSI (source macd histogram)
- before breakout of falling chanel we maight see back movement to middle of the channel or lower (the 0.5 level of Fib is near 139)
Monero vs Bitcoin Weekly | Still Bullish 8 Months Later...Back in April of this year we shared Monero vs Bitcoin for you...
"this one is looking good and looks like a safe-haven, for us to get through the Bitcoin drop."
Apr 11 | Monero Is Here To Save The Day!
And the chart continues to look good.
We have green after green after green candle closing weekly and all this happening above MA200, telling us that long-term growth is possible.
Patience is key.
Monero has more been growing regardless of what Bitcoin does.
Namaste.
XMR: Approaching ResistanceTrade setup : Price rebounded from Support zone ($125-130) and reached stiff resistance area near $150 and also 200-day moving average. This is a critical level. Price is likely to get rejected here, but if it’s able to break through, it could revisit $175 thereafter.
Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $125-130, then $100. The nearest Resistance Zone is $150, then $175, and $200.
XMRUSD IdeaUsing the Cypher tool I show my view on the prior bull run, which I show is acting as the middle of this cypher structure
With the first Initial bullrun being the first leg, and the coming bull run being the next leg of the structure (bars pattern in green)
I'm not too sure if this is how the cypher tool is used but it showed my point perfectly so I used it.
I don't have a target but If I did it would be way above the 2017 and 2021 highs. Safe to say im bullish on cryptocurrency.
XMR DROP SOONI think xmr will move down soon. The supply zone is a good place to look for sell/short