Monero is looking good for a long if this key level holdsMonero has recently broke above a key resistance level & closed above the level on the Daily Timeframe .
A small pullback & retest of the key resistance around the 275 price mark has happened & is currently in accumulation.
RSI on the Daily Timeframe is 57.28, indicating an uptrend whilst still having lots of room before entering overbought territory.
The price is currently above the 50,100 & 200 EMA .
If the price is able to stay above the resistance level mentioned then a long from this area looks good.
Short term target would be the previous local high & resistance marked on the chart at around the 329.5 - 339.9 level.
Possible longer term targets are also shown on the chart.
Not financial advice, just sharing my idea.
Good luck.
Monero
🆓Monero (XMR) Oct-9 #XMR $XMRXMR has just rejected from 300$ zone and is coming back to 260$ zone then it could move towards 300$ zone again to conquer this zone to pump strongly up to 340$, 420$ and 500$ zones in this October and November. But if it loses 260$ zone, we will consider buying it back at 220$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 260$ zone
🔴Buy : 260
🔴Sell : 300 - 340 - 420 - 500
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 260$ zone
🔵Sell : 260
🔵Buy : 220
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
XMRUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
Monero (XMR) - October 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(XMRUSD 1W Chart) - Mid-Long-Term Perspective
Above the 93.02191270 point: the uptrend expected to continue.
Above 140.80749648-160.228881 section: It is expected to create a new wave.
(1D chart)
First resistance section: 219.75932043-270.217125 section
Second resistance section: 346.95104192-391.37736817 section
A move higher in the first resistance zone is expected to turn into an uptrend.
A decline from the first resistance section could lead to below the 175.70500518 point, requiring a short-term Stop Loss.
If you touch near the 140.80749648 point, you need to check whether it rises to the first resistance section with a sharp rise.
In that case, it can be seen that the section 140.80749648-160.228881 has a strong support section.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
MONERO / BITCOIN 6 month signalhello dear traders
this signal for HODL 6 months
this is fundamental and technical analysis
XMRUSDTMonero is at the beginning of a big uptrend.
He must first complete 5 motivational waves, then we can hope for higher goals in the next time cycle
Can Monero go above $400 by year's end?The touch points in blue to help determine the arc.
If it stays in the arc and goes break through the yellow and blue horizontal line it can potentially going to $400 or more above by the end the year.
Provided there's no crash or big correction in the stock market.
Monero (XMRUSD): Potential Structure Trade Explained
Hey traders,
While forex market is sleeping after yesterdays' rallies,
here is a very peculiar potential trend following opportunity for you on XMRUSD.
The crypto pair has recently retraced and now is trading within a supply zone.
240 - 250 is our potential reversal zone.
You confirmation to short will be a neckline breakout of a double top pattern on 4H.
Wait for 4H candle close below 243 level and then sell aggressively or on a retest.
Goals will be 224/213
In case of a new higher high/higher close formation on 4H, the setup will be invalid.
❤️Please, support this idea with like and comment!❤️
XMR/USDT BUYXMR/USDT
Buy under 363
Targets 280 - 290 - 315
No SL just buy small % and sell at targets
₿ XMRUSDT 1D ₿ : 16.Sep.2021 (Update)Analysis & Targets Updated ... What do you think ? BINANCE:XMRUSDT
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 16.Sep.2021
⚠️(DYOR)
Monero XMRUSD - Road to 3000 USD + Cup and Handle!- It is a right time to buy Monero, because of the cup and handle formation!
- Target is 1:1 fib trend-based extension - in next leg up, so be prepared.
- RSI is ready for a pump and once we reach all time high, we should accelerate in speed.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
🟢XMRUSDT(Update) #Buy_RecommendationConsidering that we had taken TP1 of this cryptocurrency before and the correction that followed it, the price has reached a good support again and is also valid for #Buy_Recommendation . Targets updated.
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
👤 Arman Shaban
⚠️ (DYOR)
XMR Up to 365?XMR has good buying conditions in several ways.
1 is on the uptrend line.
2 Price correction to Fibonacci 0.618
3 candle inverted hammers on the support at daily time .
4 Ascending momentum and high price of moving average 200 & EMA 20
If it is fixed above 292, I will enter.
______________________________________________________________________
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CRYPTO MONERO - Another nice bull flag. Time to take off!CRYPTO MONERO - Another nice bull flag. The RSI is showing that the sellers have given up on this bull flag. Volume on the selling is tapering off as well. Target 1 is 364 but this is my favourite coin right now. MONERO to 1K!
MONERO:Are we facing a new Pullback?Welcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button
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Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !
Monero, Bearish Wave-Count To Approach Pivotal Zones!Hello,
Welcome to this analysis about Monero, we are looking at the 4-hour timeframe perspectives. Monero in recent times initiated a bearish reversal after pulling back of the 335 resistance bearishly. The pullback reaction seen here was somewhat stronger than the one seen in other cryptocurrencies especially the highest market-cap ones like Bitcoin or Ethereum as well as other altcoins, this shows how the divergence between the currencies is increasing and therefore Monero has an increased bearish edge at the moment compared to the other currencies omnipresent in the market. As when looking at my chart now we can watch there how Monero pulled to the downside bearishly to test the 292 Usd Level and it is possible that here comes a little bounce to the upside however as Monero has this strong local resistance within the structure marked in my chart in red there is a high likelihood given that Monero pulls back bearishly from this resistance to continue its wave-count to the downside and emerge with the wave C in the structure as shown in my chart, this wave C will continue till appropriate support has been reached which is given within the considerable back-up-structure marked in blue where a bounce and back-up can show up, in this case, it will be crucial on how strong this bounce will be and if Monero manages to stabilize further above the structure to move on higher because when this does not happen and Monero increases bearishness to move below this zone it will lead to a bearish continuation within the bearish-continuation-zone and Monero will emerge with the wave-C-extension. For now we should expect the bearish developments to spread further and keep prepared for these possibilities.
In this manner, thank you for watching my analysis about Monero and its main structure with incoming bearish pullbacks and its determinations to expect, support the analysis with a like and follow or comment for more market insight!
"Astonishment is the basis of reverence."
Information provided is only educational and should not be used to take action in the market.
XMRUSDT 1D : Let's Buy :))) Let's buy Some #XMR ( Monero ) , Shall We ?? Great Move Starts From Yesterday and what a break :)) isn't it ?? ...
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)
Monero Line Previous S/R repeated with possible Entry ExitsPrevious $XMR move to ATH repeated, showing previous points of Support and Resistance and possible Entry Exits en route to next ATH