Monero Daily price Breakout SetupCan you see 50 EMA is perfect Resistance here if close above than easy 5% trade
just leave it to you guys price close above 50 EMA on daily than buy and hold
it will pump 5% in no time.
XMRUSDT
XMRUSDT ANALYSISThere are lots of corridors in this coin. Firstly, the candles started the downtrend corridor and continued uptrend and downtrend corridor again. Finally, they are stuck in the rising wedge.
Their lines are too close to each other, so this coin is a little risky. Therefore, we should look at EngineeringRobo's buy and sell signals.
XMR TimeXMR break up the really important resistance on 70 USDT with nice volume, I will wait for close daily candle above this resistance and then go for a long position in pullback, 95 USDT could be a good target, have your own research before any position.
Take market easy.
Don’t forget to tap on like if you like my idea.
Monero breakout or rejectionHas reached the top of the descending channel after a false breakdown and retest of the $62 level. However price in a descending triangle. but price penetrated the weekly ichimoku cloud and RSI has room to rise.
If price move below $60, it is bearish.
Monero Break outs after years of consolidationI was personally buying on Leverage few days ago, finally we saw a nice small move up, after a small cooldown, we should continue pushing higher.
XMR MONERO BREAKOUT - EASY TARGET 70 XMRUSD XMRUSDT XMRBTCXMR MONERO BREAKOUT - EASY TARGET TP1 70
IF 70 BROKEN THEN TP2 82
Looks good and bullish trend is doing wellOk guys ascending channel confirmed, first resistance broke, in my idea next resistance is 68, breaking it means there is a chance to touch and test 70(it came by the pattern in the last idea about xmr)
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Strong support and hidden convergence ?That is really impressive! look at the support on 64!
Rsi forming a hidden convergence and its a high sign for bullish!
But bears are working in shadow as always ...
I recommend you to do long above 65 to 70 and below 62 to 59.
As always ... follow your own thoughs
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Take care, trade safe and good luck.
Uptrend is comingAs you can see market forming a bat here, rsi has a resistance line here and we are in the mid line.
There is two possibilities here:
1: breaking the mid line and go for a ride to 70.
2: fail to break rsi resistance and go down to see 59.
I recommend you to do long above 65 to 70~72 and do short below 63 to 60~59
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Take care, trade safe
XMR USDT-Should it go higherI think it would start a move. Market is bearish, so we should follow risk management. There is a hidden bullish divergence on 4H TF on XMR USDT. This coin had not moved so much lately. So I am placing my bets on it.
I would like to hear your ideas about this trade.
Entry - 62.56
TP1-63.65
TP2-64.25
TP3-66.07
SL- 60.95
DYOR before taking any trade.
Bear flag is formingIf price formed a candle above the red line(break it) or rsi break the red line, it means bear flag rejected, but if you see a good respect of rsi and price to these lines, you can see another down trend, and also I have to say you can see cross under in ma's ...
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Take care, trade safe
Looks like we have rsi convergence in xmrAlright guys this is my firs idea in xmr
As you can see we have ascending symmetrical triangle here, rsi goes up and macd shows that range is almost done, and volume confirmed that we have a big trend in our way(in 12 hours), we have support of ma's and also cross over in 50 and 200
As you can see we have 72 in 618 if we break 70 resistance!.
So I recommend you to wait for 69 resistance ...
If you see a candle above it, enter long to 72.
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Take care, trade safe
LONG - XMR - Trading OpportunityBINANCE:XMRUSDT has finally managed to break and close above the resistance that sent it to the depths of hell, accumulation can be clearly seen on the RSI all this time, this might take some time, but seems like a really safe play, lets get it.
Entry: 69.70
Target 1: 85.15
Target 2: 97.28
SL: 64.22
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Daily looks bullishAs you can see we are in a big ascending triangle, rsi is forming and respecting to the triangle and macd is finishing the triangle(It shows range is over).
We are in bullish trend because we had cross over in ichimoko and also price is above the cloud.
The trend will start after a little correction which would be in 65 area, and the target after breaking 69 would be in 76.
I looked in history for it, 76 in daily chart is one of the strongest resistances.
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe
XMR Target is 75$ afer cross the 70$XMR Target is 75$ afer cross the 70$, hard but its on the way
Good luck and best trading .
Telegram @DrCrypto0
Twitter @thebigboss978
A Nice curve on Monero ChartA nice and rare curve formed on XMRUSDT chart and it is expected the price to follow the curve path.
As depicted on the chart the upper boundary of the curve located on the 71$ area which also is the 0.618 Fib. level and a static resistance as well.
So I think XMR will test this resistance very soon.
plaese hit the like if you agree with this idea.
XMR/USDt - Like the Shakeout.On 1d you plan to go up. Like the Shakeout.
At 4h, the average slide is directed to the bosom.
Indicators are neutral.
The key level from which you can make a decision to buy.
Break-down and fixation is more reliable purchase.
Also I do not exclude a trip down (if below $63 I will consider a shorts).
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
Privacy Is Shifting. (XMR)I love monero ❤🥇❤🥇❤
True Cryptocurrency that plays a critical role in what it stands for.
💰 Let's check up on the price action of this one.
Wave 1: The selloff, the distribution of coins.
Wave 2: The accumulation of support.
Wave 3: The Resistance for controlled accumulation.
We are squeezing sideways as the pennant pattern is forming.
*As this pattern squeezes we will see a decision in which way the market wants to run on a breakout.
(Similar to how price broke down on btc back in November of 2018)
I'm not saying it will result in same results, I'm showing you how compression decide critical moves for trend changes)
These are key areas where you want to play for a major move.
The full compression of range could be controlled for another 6+ months, our first major sign is aw we see the weekly shoot to hit wave 3.
But one major observation I'd like to notice is what i titled on chart as "Final Shakeout"
That selloff could of been the final selloff in a stop hunt.
It was a major quick crash that scared buyers to force them out of their positions.
That can be called the final capitulation.
You are noticing as prices get low on altcoins they try to flash the market to force the buyers out of their positions.
I believe we could be in very early stage of the major multi year alt cycle.
But I also take into fact that the compression could last another 6+ months if wave 3 can hold.
What we like to look for on longterm entry is a doji compression off S&R Levels for trend change,
So technically this is a late call to buy now.
If you wanted to buy now you would hunt for an edge play in the market to push up to the next level of price in a lower timeframe.
Hope you enjoyed, have a blessed day!
MLT | PRO TRADERS 🥇