XMR/USDT bearish signs — XMR DOWNMonero is up +36% from last swing low, now making correction to previous swing and I am expecting price to reach zone of 240 before breaking down towards 210-s
Best regards
Artem Shevelev
Xmr
Monero sell the breakdown.XRMUSD - Intraday - We look to Buy a break of 237.1 (stop at 230.9)
Daily signals are bullish.
Short term bias is bullish.
A break of bespoke resistance at 237.0, and the move higher is already underway.
We can see no technical reason for a change of trend.
Our profit targets will be 254.2 and 258.2
Resistance: 237.0 / 245.0 / 250.0
Support: 229.0 / 225.0 / 220.0
Monero buy the dip.XRMUSD - Intraday - We look to Buy at 191.4 (stop at 186.9)
Dips continue to attract buyers.
A bullish reverse Head and Shoulders is forming.
Pivot support is at 191.3.
We look to buy dips.
Our profit targets will be 203.9 and 206.9
Resistance: 200.0 / 205.0 / 210.0
Support: 195.0 / 190.0 / 185.0
Is Monero bound to reach 160$? Here is a my simple trend analysis on Monero, the leader in private fungible transaction. I try to demonstrate how XMR could reach 160$ soon based on trend analysis.
What is your short term expectation and chart pattern? Let me know in the comments below.
XMRUSDT🌟this alt has a great potential to give profit to holders
🌟if you take a good look at its fluctuations you will find out the sequence is repeating itself and therefore you can follow the rhythm of the chart
👉This idea has the confirmation of "advanced price action" 👍
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XMRUSDT facing strong resistance, supp trend faced multiple timeThe supporting trendline has been touching multiple times, if it couldn't close above Tenkan on a 1hr TF, we're expecting a continuation of a downtrend. on a 4hr TF, MACD and TDI have crossed.
Area of Resistance
227.75
224.80
Area of Support
206.10
203.37
Monero XMR - Short term short I am short until $145. We should see a rejection at $211 and a bounce at $145. At that point, I’m looking for an aggressive re-test of all time highs.
BITCOIN DAY TRADE POSSIBLE RECOVERY TREND IF... - DAY TRADERHello trading friends,
Our last update of 33800 did hit exactly as we did add before here below
Depending on the day trade market show - Bitcoin can get a recovery trend if we don't hit the power volume zone 34K+ with confirmation trend.
The trend can go into breakdown trend with possible small recovery trend. ( possible 33500 USD or below trend)
Have a great coffee time
If you like our work, give it a like, thank you!
BITCOIN ON IMPORTANT ZONE TO BREAKOUT WITH TIME FRAME!Hello trading friends,
We are now exactly on an important point BTC, the point of time frame, if this time frame is confirmed, bitcoin will increase huge, as this are the history and TA whale trend place.
Know depending on TA is this an important level for a breakout from 32370+ as the trend gets confirmed, there is only a need to wait time frame, when this happened, know that bitcoin can get an increasing trend.
And about SKL we expecting an increased trend coming time
Manage always your risk, and don't invest with all in. as this is crypto.
Have a good time, and we will see or this time frame will be done, on way to breakout! if not use good SL.
BITCOIN ON WAY TO SECOND GOLDEN CONFIRMATION 32370 + IF YES TO..Hello trading friends,
Bitcoin has confirmed the first target 30800+ with an increasing trend, and we looking now for a second confirmation for 33900+
Before we can enter that point BTC should confirm the Important Zone 32370 .
We know this zone from before updates. as we did last time not confirm it, but this trend can change as we have the first confirmation on 30800.
Coming time it's important to follow the bitcoin trend.
Bitcoin is at this moment with this TA study green, same time know always that this is BTC and crypto, and all can just change in small time.
For us its important that bitcoin will confirm 32370 to get the long term confirmation, and then on way to the target 33900+
Have a great trading time.
Follow/like for more trends, thank you
XLM clears the way.In my humble opinion, Not a financial advisor.
Please do tell me if I'm being delusional.
I don't have a specific timing of when this is happening, but I do believe that an answer is due pretty soon.
When we do get an answer, whether it is bullish or bearing. I think it will represent how the Altcoin market is heading in the near to medium future.
My confirmation for a long is 28 cents and 19 cents on the short.
XMRUSD analysis (request for jreback)This was more of a request from another member @jreback Just to be clear I'm not trading this market right now.
First thing I see is the ascending wedge that formed back at the start of July, this is one of the only types of Break out patterns I trade to the Upside as it generally offers great Risk to Reward and fast price action with very little market structure to clear to the left. How ever the failure on the squeeze saw selling pressure take over and win this battle so more downside coming.
Current market structure is a slow bleed as we find new lows, the support level marked is formed from structure back on the uptrend a few months ago.
One thing i noticed is the large volume spike over the last few days didnt really have the price action you woul expect and noticing 5 short candles with large wicks to the upside tells me a lot of that volume spiking is sellers pushing price down as there is obviously a large supply at that level.
Im assuming this may continue to bleed lower over the next week or so and would look for a new reaction on the candles when coming to that support level around 171.
Watch those 2 small circle areas from the lower support of this range, an early break could see a much faster drop imo.
XMR volatility coming soon to an exchange near you!
Monero currently in an ascending triangle, given current downtrend the expectation is for this to be a consolidation period before proceeding downwards
Possible upside movement should be accounted for
Either way, wait for a breakout to either side with a safe SL just under broken trendline
Set TP at 50$ deviation from broken trendline (Derived from measuring triangle at widest point)
Next levels - XMRIn Orange ball, untapped supply zone
Grey box, strong resistance,
Black line, descending trendline
🆓Monero (XMR) July-7 #XMR $XMRXMR just broke out of the $220 resistance area and is heading towards the $270 and $360 areas. However, if the selling comes back and makes it lose the $220 area, it will fall back to the $180 zone
📈BUY
🔴Buy : 215-225$. SL if B
🔴Buy : 265-275$ if A. SL if B
📉SELL
🔴Sell : 265-275$. SL if A
🔴Sell : 355-365$. SL if A
♻️BACK-UP
🔵Sell : 215-225$ if B. SL if A
🔵Buy : 176-184$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Monero on course for big bullish breakout!Chart: XMR/BTC (Daily)
Monero has been pushing up gradually and consistently, the 0.5 Gann Box price/time line has been hit. If Monero pushes past this convincingly, this line will turn from resistance to support and we can expect more bullish action.
Monero took a big hit from the recent crash and could be a very good time to buy back in.
Next resistance points include: (a) 0.011475 (b) 0.019546 (c) 0.027618 (d) 0.03569. Depending on how bullish you are would determine your targets.
Let me know in the comments what you think!
Disclaimer: NOT professional advice, invest at your own risk.
💡Don't miss the great buy opportunity in XMRUSD @monero
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (199.27).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 222.66
TP2= @ 244. 05
TP3= @ 274.92
TP4= @ 307.92
TP5= @ 344.90
SL= Break below S2
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💡Don't miss the great buy opportunity in XMRUSD @monero
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (199.27).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 222.66
TP2= @ 244.05
TP3= @ 274.92
TP4= @ 307.92
TP5= @ 344.90
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️