XMR Long (D1)After selling climax occured in the middle of March, 2020, XMR started to slowly climbing towards the 2-year-range's upper boundary.
The majority of coins were distributed within that range. Why?
1) Selling climax
2) 2-year-long consolidation
3) quick retrace from a pullback at 120 price level.
Why long?
1) BTC already hit ATH. ETH has 2x way to go. XMR still has 3.5x room to grow towards ATH
2) strong PA near upper boundary: slowly but steadily climbing through resistance. Stronger than of BTC's!!
3) Selling Volume is declining while XMR is drawing ascending price structure and steadily scraping through...
4) R/R = 4 (first target). Nothing in between 120 and 280 levels
5) 2nd target's R/R = 6. 3d R/R = 8
Looks like a great opportunity to flip BTC to XMR. Or just Long XMR/USD.
Btw, orange curve line was drawn in Nov'19 or earlier. Don't remember exactly. But I don't have any proof. So, you can just believe me or not.
So, I was waiting for this trade 1.5 years. Patience is a virtue. But I should practice it to get that skill.
Have a nice ride!
XMRUSDT
Monero XMRUSDT - The most bullish altcoin in December- Monero is definitely the most bullish altcoin in High-Cap category
- We can see Head and Shoulders, cap and handle or Ascending triangle on the daily chart
- The coin is currently breaking out the previous swing high established in October
- 280 is the next target and we can reach all time high next year in 2021
- Monero is one of the best coins, that will survive long term
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XMRUSDT - own gameThe asset has its own game.
Pressing the level 140.
Global trend up.
Need consolidation under level.
And should expect a breakthrough up.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
POSS. XMR BREAKOUT! (XMR/USDT)XMR is trying to break out from what appears to be a macro bull flag pattern. If it can hold above the trend line & 200SMA, we could see significant upside and a retest of previous yearly highs.
happy trades ~
CD
DON'T SLEEP ON XMR/USDT!!! Nice Consolidation period...XMR Chart is beautiful right now. We broke back into the ascending channel that XMR has been trading in for months since breaking out from macro downtrend.
It would be nice / easy to assume it will *stay* in the channel, break through recent resistance and move higher... But I have a feeling that with the uncertainty around BTC right now, we may just as easily see another dip down, weeding out the weak hands and allowing for more consolidation before the next move higher. There's a naiiiiice curve forming that I have a feeling we may stay within during this period.
XMR has the advantage of being one of (the?) oldest privacy coins in the market. Like most USD pairs, it generally trends with BTC, and being a large cap, it takes more volume to really move the price, but as we've seen with everything, there have been some really nice upswings that usually easy to spot.
Guys, I like looking at charts, but I'm really not that successful at trading because i tend to overtrade. XMR is one that I find fairly easy to trade, and has been so faithful to it's high-TF patterns that it makes for a great mid-term hold.
DON'T SLEEP ON XMR!!!
XMRBTC_DailyPrice:0.006754 BTC
TP_LVL I: 0.0079 BTC
TP_LVL II: 0.0090 BTC
SL: 0.000058 BTC
Expected Return: 35 %
Risk/Reward: 2.3
XMR/USDT (1D) - Midterm Plan - Accumulation Hi Traders,
Finally got back to trading, and prepared few analysis for you.
As you can see, I expect that Monero finished First impulsive wave and now we are in the middle of Correction = Accumulation phase.
My buy positions are stacked from 120-104 USD (About 8 levels every 2 USD) to get as best price as possible.
In case of 1to1 extension of Wave 3 - Target could be around 210-230 USD... In case You are willing to Hold that long. (Several months). On Short term scale you can follow 4H chart and count partial waves inside of Wave 3.
Good luck and trade safe. BTC is near ATH so anything could happen ;)
✳️Monero/USDT (20/11) View + Trading Plan #XMR $XMRXMR has risen very strongly since September and is in the correction phase. But it looks like XMR will continue to climb further to the 150-160$ zone in December. However, XMR needs to conquer the 125$ zone, and that will be the moment we buy XMR.
If the XMR fails to rise to that zone, we will buy at lower price zones.
📈BUY- LONG
-Buy: 100-102$, SL if B
-Buy:: 125-127$ if B, SL if B
📉SELL-SHORT
-Sell: 134-136$, SL if A
-Sell: 154-156$, SL if A
♻️BACK-UP
-Sell close to 100-102$ if B, SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
XMRUSDT(Falling Wedge)XMR/USDT currently trading at $120
LONG Entry Level:$ 117 to 120
STOP LOSS ( support): Below $112
Resistance Level 1 : $138
Resistance Level 2: $153
Resistance LEvel 3: $300
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
WILL BITCOIN GO TO 16.8K. THESE ALTCOINS CAN MIN 10X YOUR MONEY.Welcome back everybody, I am expecting the altcoins to follow up with Bitcoin this weekend. I am also buying some insurance names for my stock pics. Be careful out there.
If this video gave you some ideas, make sure to smash the like button, break it and destroy it.
And like always, dont bet more than you cant afford to lose.
See you later.
~Bo
XMR/USDT (3rd Retest of Support)💎Technical Analysis Summary💎
BINANCE: XMRUSDT
-Monero is back at a key area of support for the 3rd time
-This is technically not good in terms of Bullish price action
-The support becomes weaker the more it gets tested
-If you are holding XRM, please be cautious
-But if you are looking for a Selling opportunity
-Wait for the support breakdown before entering a short position
-Next strong support is around 95 dollars
A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉
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Please Exercise Risk Management 💱
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Monero short opportunity.Monero - Intraday - We look to Sell a break
Short term MACD has turned negative.
Posted a Double Top formation.
Our outlook is bearish.
Trading has been mixed and volatile.
Daily signals are mildly bullish.
We look for a temporary move lower.
EMA's 200 and 50 are about to give a sell signal.
Our profit targets will be 108.52 and 104.20
Resistance: 118.50 / 120.00 / 125.00
Support: 115.00 / 110.00 / 104.00
MONERO - $XMR - Activated TOTHEMOON.exe and RELOAD BOSTER.exeWAVE 3 in progress! The best time to buy is now!
#XMRUSD: I'm LONG / BULLISH position. I expect that $XMRUSD will rise up.
This would mean that MONERO will gain more 300% of its current value against the DOLLAR.
What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION.
No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong.
If you want to win in this market, you need to be COLD and CALCULIST.
To the moon is too close, go beyond
Well, keep you updated as this timely issue evolves.
Good luck!
#CRYPTO $XMRUSD #XMRBTC #XMR #ALTSEASON2020
$BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP
#altcoins #bitcointrading #BuyTheFear #BuyTheDip
XMR Correction of the previous rapid growth is necessary.Essentially, this idea is a corrected fragment of our global vision presented in the previous idea.
Most likely, the rapid growth of XMR was caused by the news about the hardfork, which took place on 17.10.20. The Monero update was successful and as a result increased the transactions speed when compressing information, as well as increased the level of users anonymity.
And even earlier, there were rumors on the Internet that when Bitmex started having problems with the lawsuit with all its consequences in early October, users withdrew from the BTC exchange, and other exchanges began to block them. T hen users switched to anonymous XMR , which increased the demand for it and, accordingly, the price.
Although, it is time for Monero to work according to the technical analysis rules. That is, to correct this rapid growth.
We see the first target from below in the zone $97-100
The more global target below is around $75
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
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