MOONEROShort term expect some big moves here - looks to be in wave 3 - let's see if it can bust our channel to confirm wave 3.
XMRUSD trade ideas
XMR HikeHTF Structure is bullish Price has recently pulled back into retracement levels this presents great opportunity for calls on monero
Wave Forecast...MOONERO! Rise of the OG's - Real utility will shine in the future - smart $ is accumulating.
XMRUSD Middle Band Long Term SupportXMRUSD has fallen to the Monthly middle Gaussian Channel Band
This has been proven as a support level since 2015
This area is a great candidate for a strong reversal
XMR LongMy short position TP nicely, thank you Market! (link below)
Now Descending structure for the pump
Bid filled. Watching for retest to add more, otherwise adding on pullbacks as it pumps.
If price drops in the red, will add 2x more positions with tight stop.
Moreno DipsPrice Was Currently in a end. It pulled back into retracement levels and met a key supply zone making it ideal for a short position
XMRUSD Intraday Price Action analysis building long term hold position in Monero. Weekly chart is performing ok, planning to hit my idea's sell price target by 2025.
Monero HikeMonero looks to be heading to the upside. a double bottom break seems to be forming on the DAILY and structure with in the 4H and the 1H correlate in a bullish trend. The 1H is moving into Fibonacci retracement levels providing a great opportunity for a temporary long position on XMR.
XMR DropQML + Waiting for price to pull back into the retracement level and further confirmation to commit to the short
Rubles! :)Hey Traders,
As you can see the pattern says everything. Sorry if you get offended, just trying to be a helping hand.
Safe Trading,
-Pulkanator
Basic Day Trading: EMA 12/20/50 + MACDThis chart offers the basic indicators necessary for day trading, best used for minutes to days.
XMRUSD ❕ declining volatilityAfter Monero fell in the liquidity zone, volatility decreased and then the price reversed.
Main MAs show bullish sentiment (30m TF)
50MA break up 200MA (1H TF)
Price is above liquidity.
XMR ignored the reversal signal from the TD Sequential indicator (1H TF)
Volatility is declining.
I expect that the price will correct to the support level and after fixing above it may continue to bounce.
$XMR - Diagonal for Macro wave 1 primed for its 5
There are not many ways we can count this. IMO this is the best count.
Wave 1 was really sharp , wave 3 as well (slightly longer, but barely).
I really don't know what to target here, but I think a double top could be the way to go (it is a conservative target all things considered).
I do however see a few more downward candles after some relief.
Happy trades to all.
XMRThe price is moving in a falling channel to the global uptrend line and the 23.6% fibo level. If these support levels are breached, the price may fall to the POC level or the 38.2% Fibo level.
XMRUSDXMRUSD
The chart was in an uptrend. The trend line has been broken
Target-price 1 - 173
Target-price 2 - 158
Target-price 3 - 141
XMR, the descending channel.The following are machine translations:
On the daily chart, the formation of a local double top decline, continuous callbacks form a falling channel, and the lower support is expected to be around 170.
Indicator macd dead fork has become, bearish trend. The RSI indicator fell to a neutral 50, in bearish territory.
In terms of operation, it is currently a rebound in a downtrend, and an empty order can be placed on rallies. The upper downtrend line is the resistance, and pay attention to the support near 170.
