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XMRUSDT

XMRUSD forming bullish Crab for upto 587% bullish moveHi Folks hope you are well, this bearish trend is helping many tokens and cryptocurrencies to complete their finals bearish legs to form bullish patterns and Monero (XMR) is also one of them. On 2 day chart the XMR has formed bullish Crab pattern, even though the price action has hit the spike in PRZ level and pulled back but I am expecting that due to this bearish trend it will give us another change to catch it from the potential reversal zone. Let’s dig this pattern deeper to check how perfect this pattern is formed: After initial leg (X to A) the A to B leg is retraced between 0.328 to 0.618 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 1.27 to 161.8 Fibonacci. Buying And Sell Targets: The buying and sell targets according to harmonic Crab pattern should be: Buy between: $29.819 to $11.431 Sell between: $44.060 to $78.554 So this trade has up to 587% big profit possibility. Stop Loss: The potential reversal zone area can be used as stop loss in case of complete candle stick closes below this level. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
BITFINEX:XMRUSDLong
by moon333
XMR ANALYSIS: SHORT THE RELIEF RALLYXMR ANALYSIS: XMR setup looks very similar to many other major alts, and unfortunately the buy volume still isn’t there to keep the price afloat. XMR had a relief rally hitting over 40, but was then rejected again cutting below and making no temporary support along the way. I expect a slow push to the new resistance, followed by a rejection further down to major support. Wait until a confirmed rejection at/near $36 before opening shorts. Short targets are T1 at $30.60, T2 at $29.30, and T3 at $27.86. I believe XMR buy volume will really step in when XMR hits this low. It would also confirm a nice double bottom and produce a potential bullish divergence. Short Entries: $36-38
KRAKEN:XMRUSDShort
by altchicasignals
XMRUSD formed bullish BAT | Upto 72% move expectedHi friends hope you are well, on 2 day chart the Monero (XMR) Coin has formed bullish BAT pattern and entered in potential reversal zone to move up. Lest’s dig the pattern deeper to see how perfect this pattern is formed: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: $55.701 to $50.477 Sell between: $68.18 to $86.926 Stop Loss: The potential reversal zone area which is up to to $8.80 can be used as stop loss in case of complete candle stick closes below this level. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own reaserch before any investment.
BITFINEX:XMRUSDLong
by moon333
MONERO Bearish GartleyBuy 54.55 Take Profit: 112.80 We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Long
by CryptoTrend-Alerts
XMRUSDT formed bullish BAT | Upto 43% bullish move expectedHi friends hope you are well, here I have found another profit potential trading idea for you and this time Monero (XMR) has formed bullish BAT pattern and entered in potential reversal zone and ready for bullish reversal soon. Let’s examine how perfect this pattern is: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: $66.32 to $62.42 Sell between: $75.57 to $89.41 Stop Loss: The potential reversal zone area which is up to $62.42 can be used as stop loss in case of complete candle stick closes below this level.
XLong
by moon333
XMRUSDT resumed again, the asset bounced off support.XMR growth resumed again, the asset rebounded from support, and is currently heading for the next level of resistance. We trade in an expanding wedge Formation of a descending wedge At 1TF (Bullish model). Volume accumulation Fibo level coincides with linear resistance. I advise you to wait for the wedge to break through P.S Friends, support this idea with your like and any comment. It will be the biggest thank you on my part for my work.
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by CHOWTRADE
Monero (XMR) Price Prediction 2020 | Complete Long Term AnalysisLong Term Bearish Move: The price action of Monero has been moving down with strong bearish trend since Jan 2018 after hitting the highest price of Dec $477. In the meanwhile it has been giving us many short term and midterm trading opportunities but on a bigger view it has been down and finally touched $38.50 in Dec 2018 that is the lowest price from Dec 2019 up till now which is more than 91% loss. Since Jan 2020 the Bollinger bands on month chart is getting squeezed and priceline is moving sideways indicating that the price action might have found a support here. Formation Of Parallel Channel And Double Bottom: On week chart after hitting the $38.50 price the price action has found the support at $44 and since Dec 2018 the price action is consolidating here and moving sideways. In the meanwhile the candle sticks are moving up and down and formed a parallel channel and the resistance of this channel is at $121. Now we have 9 touches at resistance and 12 touches at support, this channel is very firm as the resistance or support are not broken since Dec 2018. This time after hitting the support the price action is again bounced to hit the resistance soon. Here we have also a double bottom formed by the price action which can lead to breakout and a very strong bullish move. Oscillators and Momentum: On week chart the moving average convergence divergence is turned strong bullish and RSI has already visited the oversold zone since May 2019 to Nov 2019 and when the price action took bullish move in Nov then after some bullish move it took some corrective move and pulled back and went in oversold zone again then turned strong bullish again. This RSI move is very healthy which confirms the firmness of bullish trend on the other hand momentum is also turned strong bullish and we have received this strong bullish signal from momentum after Mar 2018. The Harmonic Move: The strongest signal in favor of bulls is the formation of harmonic bullish BAT pattern on month chart. This pattern was started since Nov 2016 and now it has been completed, lets have a look on the pattern how perfect this pattern is formed: The initial leg (X to A) was started in Nov 2016 and completed in Dec 2017 after 1st leg the price action has retraced between 0.382 to 0.50 Fibonacci (here I have ignored some extra spike), then B to C leg is projected between 0.382 to 0.886 Fibonacci projection of A to B leg and finally we have C to D leg which is retraced between 0.786 to 0.886 Fibonaaci and this is the potential reversal zone of this BAT pattern. Now from this PRZ area we can expect the bullish divergence at any time and realistically the price action can easily hit the 0.382 to 0.786 Fibonacci projection area of A to D leg and the buying and sell targets would be as below: Buy between: $107.43 to $60.58 Sell between: $219.65 to $389.87 So this trade has potential to give upto 357% profit Regards, Atif Akbar (moon333)
BITFINEX:XMRUSDLong
by moon333