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PolarHusk
Oct 1, 2020 12:51 PM

XMR/BTC (New Daily Higher High?) 

BINANCE:XMRBTC1D

Description

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💎Technical Analysis Summary💎


BINANCE: XMRBTC


-Monero breakout and confirmed new Higher High
-After a long period of consolidation
-This is a strong signal of a potential trend change
-It would be healthy if we can see a Resistance flip to support
-A good pullback and another leg up is a Bullish new trend
-The next upside target is 0.0116





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Trend AnalysisChart PatternsTechnical IndicatorsXMRBTCxmrusdXMRUSDTXMRETHXMREURxmrbitcoinxmr
Comments
InkyGrip
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nice chart! thanks for sharing! 🚀🦐
Idogun_Nyerhovwo
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it retraced to previous resistance now acting as support, just as you said. let see if it have some consolidation before it breaks out again.

though I plan to buy the break out.
PolarHusk
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@Rehoboth2001, we saw a good bullish reaction at previous resistance. XMR needs to consolidate for a few days before attempting to break higher
Idogun_Nyerhovwo
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👍
ProjectSyndicate
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perfect overview and overall strong presentation. good deal!
PolarHusk
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@ProjectSyndicate, thanks mate! :)
Mahtab_Tradia
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Good job
PolarHusk
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@Mahtab_sh, thank you! ;)
KlejdiCuni
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Great setup. Thanks
PolarHusk
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@KlejdiCuni, thanks too! :)
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