XMR is near the razor's edge!From where I entered "START" on the chart, the XMR symbol has entered the corrective phase.
The structure of this corrective phase is twofold. We've had a diametric followed by a wavy X and then another diametric again. We are now at the end of the second diametrical F wave. Wave G can end somewhere between the drawn fibos corresponding to the relativity of wave A to wave G of the second diametric.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
XMRUSDT.P trade ideas
Crypto XMR Morning star reversal with bullish divergence - BuyCrypto - Monero - XMR
We have a few indicators pointing in the same direction right now. The morning star reversal is a bullish candle. There are 3 bullish divergences with price and RSI. STO is low so price is ready for a bounce. And we have just gone oversold for the first time since November 22. Feels like time for a bounce to me. Time to get Long.
Price = 142.10
Target 1 = 157
Stop loss = 134. Stay safe fam.
✴️ Monero's Next Target Revealed... Above $280Where's the fun? The target has already been revealed in the title... I am not going to take your energy hostage trust me, if you want the analysis you can read it or you can go straight to the point.
Monero (XMRUSDT) is bullish now, strongly bullish and this is revealed by yesterday's session going low, producing a long lower wick and closing at the sessions high.
This is supported by high volume recently and both the MACD and RSI bullish by any measure.
👉 The next target, the main one, can hit around 285.
There are multiple resistance levels along the way, I'll list them:
1) 182
2) 210
3) 255
These are the main ones as there are others as shown on the chart.
How do I know how far up each pair will go?
I revealed this many times in previous trade ideas... Won't do it anymore.
We will see if it works based on the results.
Thank you for reading.
✔️ I hope you make tons of money.
✔️ I hoe you have a great, enlightening ride in this awesome/amazing bullish wave.
✔️ I am hoping you reach your goals and do better than what you have planned...
✔️ I am wishing you health, wealth and success.
Thank you again for reading.
I'll you see around.
Namaste.
XMRUSDT trade ideamy entry on this trade idea is taken from a point of interest below an inducement.. just a trade idea, not financial advise
XMR in radarLast week on OCT 6, XMR price broke ranging market resistance that have been last for 2 months since AUG 2023. Believe XMR market would last its uptrend momentum and challenging next daily chart resistance level at 172, 187.
R1- 172
R2- 187
XMRUSDT (4H) - Bearish reversalHi Traders
XMRUSDT (4H Timeframe)
Waiting for the downward break of 150.80 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 154.60 would cancel the bearish scenario.
Trade details
Entry: 150.80
Stop loss: 154.60
Take profit 1: 148.50
Take profit 2: 144.70
Score: 8
Strategy: Bearish reversal
XMRUSDTHello snipers, nothing is impossible. In the daily time frame, we see the formation of a cup and handle pattern. If the pattern is completed and the price stabilizes above the 103-day moving average and the yellow line, a good buying position is created, the possibility of an increase may be higher. All analyzes are only possibilities. Purchase offer. or not for sale
XMRUSDT's Low-Risk, High-Reward TradeXMRUSDT currently offers an exceptional risk/reward ratio, making it an enticing buying opportunity. Our approach is conservative, emphasizing minimal risk exposure while holding the potential for substantial profits.
Continuation of downward trendEntry:152-156
Stop loss: 157
Take profit: 141-125
RR: 1.2-6.3
Duration: 20 days
XMRUSDT Short to previous lows (inside bar)Looking at the chart we can see that XMR broke through the daily resistance (purple line). Shortly after it produced a nice inside bar followed by a breakout from the inside bar. This can signal a reversal of the trend. For further conformation it has produced a rising wedge pattern, which is also a reversal pattern.
I'm opening a short position looking at the previous lows.
Watch price action at significant levels (50% 61.8% fib)
Good Luck!
XMR BACK IN VOLUME $187Thank you for reading our update. Please keep in mind that this is not trading advice.
XMR can have a new cycle range for uptrend volume
In the coming period, XRM can play new cycle since XMR shows volume
XMR/USDT Break Alert, Bullish Momentum ?? Moreno Analysis Today💎 XMR has certainly caught our attention. After breaking out of the ascending triangle, XMR showcased a notable upward surge. However, it currently faces resistance at the supply zone, and given the candlestick patterns, there's a likelihood of XMR retracing back to the support level to gather momentum for another attempt at breaching the supply.
💎 Should XMR manage to break through the supply zone swiftly, we could witness a significant rally, propelling it towards the major resistance area.
💎 On the flip side, if XMR retraces to the supply and fails to find solid footing at the support, there's a risk of it dropping further. In such a scenario, XMR might revisit the robust demand zone once more.
XMRUSDT (1H) - Bullish breakoutHi Traders
XMRUSDT (1H Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 156.00 resistance level. Only the downward break of 153.50 would cancel the bullish scenario.
Trade details
Entry: 156.00
Stop loss: 153.50
Take profit 1: 157.50
Take profit 2: 160.00
Score: 8
Strategy: Bullish breakout
XMRUSD ❕ weak resistanceXMR has consolidated above 50EMA (4H TF)
RSI is moving in the bullish zone.
The asset will continue to grow after overcoming the resistance.
💡Trade Idea #XMR/USDT:Long time no see Mr. #Monero. Is it preparing for another leg up? Just be careful we have a massive resistance in a 12H Tf.
XMRUSDTIn the weekly timeframe, the head and shoulders pattern is quite evident, and in the event of a Bitcoin decline in the long term, this currency has the potential to drop to the range of $80.
Harmonic Cross-Roads - Top Down AnalysisOKX:XMRUSDT
We have two bullish harmonic pattern in our hands.
One of it is 1H Bat Pattern and the other one is 15M Butterfly.
The level 143-144 seems also a support & resistance transition level.
We are out of the daily volatility range also it indicates the possible return is close.
Arrange your risk & reward and with a bullish price action signal execute it.
Good Luck Everyone.
🚨 Trade Update: XMR/USDT (3-5x)🚨 Trade Update: XMR/USDT (3-5x)
📉 Short Entry: 150 - 147.3
OTE (Optimal Trade Entry): 149
SL: 153
B/E Move: When it moves close to TP2
TPs:
Short Term: 146 - 144 - 140 - 135 - 130 - 126
**Disclaimer: Past profits do not guarantee future results.
Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.
GIS TRADING®
Box range: 140.50-148.12Hello?
Hello traders!
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Have a good day.
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(XMRUSDT chart)
(1D chart)
To continue the downward trend, it must fall below 143.43 and show resistance.
If not, it is expected to rise above 145.55-146.69.
However, since a trend is expected to be formed only when it breaks out of the 140.50-148.12 box range, I think it is better to respond briefly when trading within the box range.
(1h chart)
Support and resistance areas are formed in the 142.88-145.0 range.
Therefore, in order to maintain SHORT, it must fall below the 142.88-143.91 range.
Therefore, it is recommended to respond briefly in the 142.88-145.0 range.
If it falls below 142.88, it is expected to fall to around 137.8-139.03.
If it rises above 145.0, it is expected to rise to around 147.15-147.55.
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To sum up, since it is within the box section, short section trading using the top and bottom of the box section is in progress.
If you do not want to trade in a short corresponding zone, it is better to wait for a break out of the box zone on the 1D chart.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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XMR: Possible Retest of an Older Bullish AreaXMR: Possible Retest of an Older Bullish Area
XMR broke down like all the other ALTs during August 17 and the price proved that it is holding very strong.
It is accumulating more than one month and the price is getting ready to break through the
old structure zones.
However, for the moment, I would like to focus on the first and the zones for taking profits
considering that the market is not stable yet.
Thank you and Good Luck!
XMR Trading PlanHorizontal supp/resis yellow lines
2 ascending support lines
2 descending resistance lines
DAILY horizontal RSI support at 19.2
WEEKLY descending RSI resistance
