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Rumdig

XMR possibly finding a new trend soon

Long
Rumdig  
BITTREX:XMRBTC   None
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Looking at the 4H chart, XMR just broke into a major structure area which has resulted in huge price bounces in the past. This major resistance level also shows a bullish hidden divergence within the RSI indicator as well as a double bottom.

Entry - around 0.00620 after price action has broke the the falling trend line.
Stop Loss - 0.00560
T1 - 0.00789

3:1 Risk ratio
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