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Monero

XMR-1D Chart [Fib]Today Monero has caught my attention due to the numerous "Fud" from the feds and disinfo from influencers led to me telling myself maybe it is time for privacy assets to get moonshot! Back to the chart, XMR has yet to correct a little more to form an unconfirmed ( for now ) pennant if confirmed it should be followed by a massive impulse wave leading it ~320$USD and correct ~290$USD and then pushing back up ~380$USD . time cycles shows that we currently are in an uptrend and that next critical level should be in ~2 weeks. circles tells us we just broke out of its previous level so expect consolidation soon. If you wanna know more in detail just comment in the section below or DM me if you want to suggest a particular chart for next time. ***DON'T FORGET TO DYOR, my charts should be taken lightly and used as a data point along with many others***
XLong
by SatoShinobi
Monero XMRUSD - Weekly cup and handle! + 1000% gains!- It is a right time to buy Monero, because of the cup and handle formation! - Target is 1:1 fib trend-based extension - 1000%! 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"!
BITFINEX:XMRUSDLong
by UnknownUnicorn2537518
18
XMR - privacy vastly underrated !!!Privacy is still very underrated in this growingly hyper transparent financial landscape ! MONERO is still the best and most well known privacy coin in the digital asset world. Many people hove avoided this type of coins because of the impending danger of regulations. However, there is a case to be made that such a coin will not only survive but thrive in an adverse surveillance type world... In any case, XMR has a very good use case and has a place in every well balanced digital asset portfolio. During the bear market it has lost 90% of its value relative to Bitcoin. And besides the fact that in USD terms it has already touched its ATH ... relative to Bitcoin it is still down 80% from its ATH !! In the upcoming Altseason it could be a top performer. Like most Altcoins it has found its bottom in January 21. Since then it has outperformed Bitoin by 3 measures and has now cooled down a bit, finding a very good support at 0.006 btc (or 1/167th of a Bitcoin). Sitting at support it is also drawing a right shoulder of an inverse H&S formation (similarly to it prior bull run in 2017). Some experts have argued that MONERO could one day become at least as valuable as Bitcoin !! (from the supply angle it is more scarce than Bitcoin). That is why I believe XMR Monero has a lot a potential in this pending Alt Bull Run !!
Long
by Dangermousebanana
5
Daily Monero Anlysis. Bullish!Chart Overview * Binance: XMR/BTC * Daily Chart * Reducing / Falling Wedge chart pattern Analysis Monero is forming this bullish chart pattern, with many contact points (four significant touches on the resistance or upper line and three on the support or lower line). The multiple contacts adds credence to this chart pattern, most likely result is a bullish upswing. Conclussion The pattern may take until the end of the week to fulfill it's bullish price move, also things to consider is bitcoin could very possibly go on a strong rally which would delay the price move or even make the price drop slightly below the pattern before reversing. Target * 0.007887 DISCLAIMER: NOT professional advice, please do your own research before investing.
XLong
by cmpkpersonal
XMRUSDT🌟this alt has a great potential to give profit to holders 🌟if you take a good look at its fluctuations you will find out the sequence is repeating itself and therefore you can follow the rhythm of the chart 👉This idea has the confirmation of "advanced price action" 👍 👉For more information don't be shy and get in private chat of trading view 👍 👉Hit share and spread the information in public chats or your twitter for everybody to get profit 👍
XLong
by the-crypto-analyzer
Monero is sitting at a pivotal point!Chart Overview *XMR/BTC WEEKLY *Parallel channel *Support Points (Green arrows and white horizontal line) *Resistance Points (Red arrows and white horizontal line) Analysis From the point of writing, Monero has increased 24% in the last 7 days (compared to USD). Also Monero is finding a lot of support at the white line (0.6103). Monero fell closed last week below this point, if Monero closes above 0.6103 this is a bullish sign. Conclussion Monero has been in a downward parallel channel since August 2018. There are signs of strong support being established and this could create a good platform to spring out into a strong bullish run. What do you guys think, bullish or bearish? *Disclaimer: NOT professional advice
XLong
by cmpkpersonal
Monero and ETH - The TrendlineA new trendline can be drawn due to the recent bull rise in price, this includes the start of the initial bullrun, the middle of the bear market, and to right now. A common theme between ETH and Monero A triangle can be drawn from the start of the initial bullrun to the trendline, and also another triangle can be drawn from the start of this bullrun to the trendline Following this triangle the climb above started a ravenous bullrun in the initial scenario, is this going to occur again? I am just observing and maybe have my charts skewed by the log scale but it does seem like a long term trendline any feedback / personal observations would be nice Bix
KRAKEN:ETHUSDLong
by Bixley
New Week for Bitcoin, More blood on the way? (BTC | CRYPTO)I hope everybody is having a good Monday and finished last week off with some good profits from the markets. This is an update on the crypto markets for the weekly and 3 day time frames. I have my eyes set to load up on zcash, dash, monero, aeon on this pullback. The weekly and 3 day continue to close red as we now begin to try and crack a recent structural low. I'm staying patient and letting the trend come to me. I continue to sit on the sidelines. Take care, enjoy the video.
BITSTAMP:BTCUSDShort
by UnknownUnicorn2319099
2
Head and Shoulders formation on MoneroXMR is one of my favorite projects and so I kinda feel bad shorting it but there is no virtue in losing money in the market as a trader. Often on charting you can look left to right to see what is going on but to get the best understanding I am going to go through how this chart actually developed so you can see it as I do. The purple trendline has been on my radar for literally years and I was very excited to see it turn into support in early 2021. From there rather than develop a bullish pattern I see instead a bearish pattern develop, a massive seven month long head and shoulders and I see that purple line has roughly failed as support. Given my overall sentiment that crypto is bearish I am looking to short. The Fibs set up my target setting from the a low on a rough neckline to the top of the head. There is a lot of wicking going on and so if price action breaks down and then has a relief rally a truer look at what the neckline was may be determined by the peak of that relief rally. Next up is some volume analysis to verify the fib target. I chose just before the formation of the purple trendline. Picking the Volume profile is bit of an art and that worked for me. This visible range lets us see the 1.618 is at a high volume node. Given the low volume node right below it we have to possible scenarios either we consolidate there, get above the Upper Value Area and probably set a new all time high, or we progress to the high volume node at around $50. A look at the moving averages shows that the $100 target is at the 300 week SMA, not a traditional SMA target. At that time frame and length the 300SMA is basically the 300 EMA as well. A look at the Monthly Keltner channel suggest that we could get really close to $70 by the time this bear market is over. That would make this whole formation a massive consolidation channel. Here is the formation I am using for my short entry. At 189 my margin sell order at 188 will be placed on the books. After that I will look at setting my take profit and stop losses.
POLONIEX:XMRUSDShort
by This_Guhy
4