XMR/USDT LONGXMR has completely broken its resistance zone based on classical analysis and has started a strong upward movement.
XMRUSDT.P trade ideas
XMR next leg upRecently broken through a key resistance level on the 4-hour chart, signaling potential for further upward momentum. After several attempts to breach the resistance, the price has decisively moved above this level, confirming a bullish breakout. This presents a solid opportunity for a long position, with the expectation of continued price appreciation in the near term.
I prefer simple lines.
Monero (#XMR) Monero (#XMR)
CRYPTOCAP:XMR Monero has successfully broken above a long-term downtrend resistance line.
This breakout signals a shift from bearish to bullish momentum.
The 0.618 Fibonacci retracement level has been reclaimed, confirming the breakout’s validity.
The current support zone lies between $160-$200, providing a strong foundation for further upside movement.
Targets:
Target 1: $284.31
Target 2: $359.72
Target 3: $445.65
XMRUSDT.PMEXC:XMRUSDT.P BUY
EN: 143.53 / 140.83
Sl: 136.33
TP1: 219.63
TP2: 288.93
RR: 1:20
Entry type: Limit Order!
Not a financial advice, DYOR!
XMR/USDT - Monero/USDT - Swing PositionDate: 06/12/24
Name: Monero/USDT – XMR/USDT
Market cap
$3.69B
3.96%
Volume (24h)
$169.95M
9.18%
FDV
$3.69B
Vol/Mkt Cap (24h)
4.61%
Total supply
18.45M XMR
Max. supply
∞
Circulating supply
18.45M XMR
Daily Time Frame – Swing Position – Long!
Reasons to be Bullish Case:
1) Structure: Range Breaking out
2) Current phase: Strong Bullish momentum, +Low market Cap, Low Circulating Supply
3) Overall trend: Range.
(4) Internal: Structure Shift towards upside, Pull Back done, uptrend continuation, internal Shift, ready to sky rocket.
(5) Important Key notes: .
- 910 of Range break out, Prior higher low (support) hold, did not invalidated its previous structure, still bullish
- Currently testing its Range highs, (Resistance & Supply area - key level on Daily Time frame range. )
Worst case Senerios:
4) Bitcoin is currently at All time high, liquidation flush remaining ($75k – $80k)
5) Due to liquidity generated and Demand zone sitting below.
6) if $184 is not hold, then we can see further buying opportunities on marked point of interests.
7) Invalidation below $128
8)
Trade Plans:
BUY CMP: $198.10
DCA: $178-$145
Invalidation: $128
Trend Based Fibionacci Targets:
Target 1: $ 576
Target 2: $ 865
Target 3: $ 1044
Target 4: $ 1334
**This is not a financial advice, these are my personal trade journals, Do your own research before taking any action. **
#XMR/USDT took the liquidity and tapped to the 1H FVG in 1-Hour #XMR/USDT took the liquidity and tapped to the 1H FVG in 1-Hour TF!
Expecting a move towards Buy-side Liquidity.
IRL => ERL
Monero will shock the crypto marketLook I like Binance cartel very much. I've been talking very bullish about BNB non-stop. But they couldn't defeat it. Monero stared at death and didn't even blink. It will run no matter what the boomer coin does. Monero's next macro move and the move after that is bullish. Talking about years. This is probably my last idea and update for a long time. Just wanted to remind you about Monero.
$XMR BULLISH OMXSTO:XMR
hey crypto fam !
do you still remember ?
i guess this is about send hard as well 🚀🚀
$XMR BULLISH OMXSTO:XMR
hey crypto fam !
do you still remember ?
i guess this is about send hard as well 🚀🚀
MONERO Risk-reward ratio: 1/5#MONERO #LONG
Let’s talk about Internet Computer Protocol (ICP)! Today, I’m reviewing this promising cryptocurrency and sharing my updated strategy and key levels with you. 📊 ICP has been gaining momentum, and I believe it offers great opportunities for growth. Below are the details of my trading plan.
🟢 Buy Zone: $150 - $160
📈TP1: $194
📈TP2: $243
📈TP3: $312
⛔️ Stop-Loss: $124
🔥 Risk-reward ratio: 1/5
Don’t underestimate the importance of risk management! The crypto market is highly volatile, so always conduct your own research and analysis before making trades.
🆘 Recommended trading volume: Allocate no more than 5-7% of your deposit for this trade. 📝
Good luck with your trading! 🚀
XMR/USDT BULLISH 1DOnce XMR breaks that resistance, easy 2-3x this bull run, it's been dancing between those support levels since 2022. Also one of the few coins that have actual utility and that doesn't have better alternatives, like BCH/LTC etc compared to SOL
Catch the XMR short to $0This thieves coin is going to the pit. Get your chance at 100% gains if you act quickly.
Ya boi,
-Ant
XMRXMR appears primed for a breakout, completing a two-year Wyckoff accumulation phase. Despite Binance's delisting, this resilient cryptocurrency has shown remarkable strength, unaffected by the platform's actions.
XMRI am a long term Monero bull and been buying and holding throughout most of the sideways accumulation zone seen in the above chart . In my opinion XMR is the only "true cypto" . You may consider this funny if you have been conditioned to believe "BTC is it" in which case you couldnt be more wrong . Think about what the word "CRYPTO" actually means . "Cryptographic security" "Privacy" "Anonymity" . There are only a handful of coins that qualify as "true crypto" , XMR being the best example . A couple others are zcash and zano but are inferior to Monero in my opinion . The original developers of btc were in fact cryptographers that probably had a much different vision for btc than what it actually turned out to be once it became too big for it's own good .
Many think XMR may die, i disagree and the fact it's been around this long maintaining a high price speaks volumes of it's longevity . I doubt it will ever see the insane markups that btc did but i think it can 10x from here for long term holders . Monero has a far superior mining emission strategy as compared to bitcoin's "halvings" which will become a big problem in the future that will need to be addressed . The technical picture screams bullish to me and "under accumulation". My strategy is to buy, hold and wait for the markup . Good luck .
www.getmonero.org
Monero - taking profit from a swing!Hello, traders!
This is my analysis on Monero (XMRUSDT).
Monero is a crypto that was first lunched in 2014 with the price of 163 and market cap of over 3B US dollars, I think it is a reliable crypto to trade on. Also the community is very active.
1️⃣ Analysis
The price has shown steady wing movements for last 5 months. Of course, this does not mean the swing would continue forever. However, with the right strategy and proper acknowledgement of the risks, I think we have some opportunities here. The price is currently inside the trend moving upwards toward the resistance line.
2️⃣ Expectations
If the price is to keep its momentum and reach the resistance line (green line), we might see a reversal and starting downtrend. HOWEVER, we always want to enter after the confirmation. The resistance line will not hold forever. If we see any kind of sings of breakout near the line such as consolidation and volume spike, we will have to be careful.
3️⃣ Key approach
Our first strategy is to enter short if we see the price touching the line and show reversal. However, we want to make sure the reversal happens even if that means lower profit. If we confirm the reversal, we may enter with final target price being 135.27.
4️⃣ Other approach
There's no other approach for this analysis. Some might think we could enter long now and take profit at the resistance line, but I disagree. Granted, the current movements look promising but we never know what happen. Trading on assumptions is very dangerous. You might say, 'Why enter long for Voxies, then?' That's a valid point but Voxies is different. The reversal was confirmed just yesterday meaning we still have time to enter. Monero, on the other hand, rebounded almost a month ago.
5️⃣ Considerations
There are few things I want to point about. First, swing period for Monero is long. You might have to wait few months for the price to reach the target. Second, there's always a possibility of breakout. We are not to assume that the trend will continue. Look at the orange box in the chart. The price touched the line, dropped, touched again, dropped again, created a doji star, rose, then started a downtrend. This is very confusing pattern. We want to make sure we confirm the reversal! Third, price might decline again before touching the line. This is why we do not want to enter now.
💡 There is one other thing I want to mention in this post. Breakout trading is one of the most profitable strategy there is. It can earn you a lot of money in short period of time if you are right. However, it's very, very stressful and requires strong mentality. Profit is high but so are the risks because there are so many variables to consider. Breakout also requires proper reason: unless there's a totally justifiable reason to change the trend that has been continued for months (like this election for example), I think it's too dangerous to trade on breakouts.
So I narrowed down my strategies - I am looking for (relatively) safe and reliable swing trades where price is moving inside the trend. This gives us less opportunities and requires a lot more patience, but is safer and will grant you big profit in long term.
Monero is one good example. The crypto itself is trustworthy, the price is within the trend, both the resistance & support line are reliable. And we will only enter after confirming the reversal.
I hope this analysis gave you some idea of deciding your own strategy and I hope you make some profit from Monero.
React, don't predict! Stay disciplined and patient. Don't get greedy and be thankful.
Luke 1:78-79
MONERO TRADING PLAN: Can XMR Will Pump from Here?Following the latest announcement by Kraken to delist the KUCOIN:XMRUSDT pair from its exchange, the coin experienced massive price action in the last 30 hours.
What led to the dump;
1. Iran's missile attacks on Israel and
2. Kraken announcement
We are likely going to have a bounce from here.
What are your thoughts about this analysis? Share them with me in the comment box.
Like, share and follow me for more.
Disclaimer: Manage your risk, this is my trade, so be responsible for your actions.
XMRUSDT SHORT IDEAhi everyone, monero stays around upper resistance zone of its channel structure. so i will setup short position
entry : 172.44
stop : 183
target : with 50x levearge at least %500 profit
New ATH In 2025? Monero Is Ready To Grow!Monero is something different, and yet it is the same.
Monero is Bitcoin but private. A private Bitcoin.
Here we have a really, really long consolidation phase. We are looking at 959 days where Monero (XMRUSDT) has been moving within the same price range.
This price range, between 190 and 120, was actually first activated in November 2021, so this consolidation is older than 1,050 days.
The overall conditions are good. This pair has been good to retain value lately but not much action when it comes to strong growth.
The chart is very similar to Bitcoin, with some exceptions, until June 2022 when the price patterns changed completely.
➖ What does the future holds for Monero?
We can only speculate, but we can do so based on real world data so this speculation can end up being accurate.
➖ Can Monero produce a new All-Time High in 2025?
With the way the world is going and how the whole financial and geopolitical drama is developing, I think this project can, in the next bull-market.
Between December 2017 and May 2021, we have a double-top.
No new ATH in 2021 when everything else did, is a strong variation. This opens the doors for a new ATH in 2025 based on how strong this pair have remained over the years.
I think the ultra long-term accumulation is enough for a new All-Time High.
Volume has been rising long-term and the upper range of the accumulation zone has been challenged many times. It seems only a matter of time before XMRUSDT breaks into bullish territory and starts a new, major long-term uptrend.
The first and easy target is set at $358 and this can be hit mid-term (within months).
The first ATH projection is within the same range as the last one based on Fib. proportions, and that is $618 for 262% potential from current prices... But we can go further.
Below is the chart with the ATH projections not shown on the main chart above.
Monero 2025 New All-Time High Potential:
1) $779 (356%)
2) $1200 (600%)
I don't know why, but I am sure Monero will not stay behind in 2025.
➖ Summary
The longer the consolidation phase, the stronger the bullish wave that follows... Monero has been consolidating for years. It produced no new highs in 2021 and no bullish wave in 2023/24. But the project remains active, valid and viable. This is not a weakness but a signal of strength. Since it survived all this long and continues to hold strong, higher and higher is the most likely outcome next.
I might sound too optimistic, but this is my experience after 10 years of tracking the Cryptocurrency market.
It always does better than anything we can think of or project.
The mistake is always aiming too low... But I think most of you agree when I say: Monero is ready to grow!
Namaste.
XMR PriceIt formed a rounding bottom pattern and exhibited an impressive recovery of over 23% in the last two weeks. It eyes to breach the ongoing neckline hurdle of $180 and is looking to cross its 52 week high barrier.
XMRUSDT - In Bullish trendThe chart is analysed on hourly basis. The trend in bullish in 4H as well. To get a refined entry I chose 1H time frame. No divergence, simple HHs and HLs (Dow Theory). Taken an instant entry. The trend is testing the trend line.
The Signal is:
EP: 168.93
SL: 160.88
TP: 176.90
#XMR/USDT is heading towards the Diagonal Trendline in 1-Hour TF#XMR/USDT is heading towards the Diagonal Trendline in 1-Hour TF!
OMXSTO:XMR needs to clear the Trendline to turn bullish. Wait for BO/retest to open a long position. The local support level is PWL $140.52 and the resistance level is PWH $166.14.
XMR Technical Analysis: A potential breakout awaits!Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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Now, let’s dive into this chart analysis:
#XMRUSDT is showing signs of a potential bullish reversal. The price is supported by the 50 EMA and is approaching a significant resistance level.
A successful break and close above this resistance could lead to further upside, with potential targets around $283. Conversely, a failure to break the resistance might see the price retesting the support levels.
Key Observations:
- Long-Term Resistance: The price must break the long-term resistance level, marked around $178.92, to signal a strong bullish trend.
- 50 EMA Support: The 50 EMA (Exponential Moving Average) currently acts as a dynamic support level of around $149.62.
- Lower Support: The support level is established around $117.75.
- Price Action: The price is currently trading above the 50 EMA, indicating a short-term bullish trend.
The chart shows a potential bullish breakout if the price manages to sustain above the resistance level.
- Stochastic Oscillator: The Stochastic Oscillator is in the oversold territory, suggesting a potential upward momentum.
DYOR, NFA.
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#PEACE
Monero - Golden Pocket + Range Point of Control Support AreaThe current massive range lends us a sweet confluence area below where the 618 and 786 wrap the range Point of Control nicely.
Lets see if we can retrace down to get a healthy bounce from here.
Not ever financial advice.
