XMRBTC looks like it has broken resistance of a symmetrical triangle to the upside.
If this is the case, we can expect an upward movement towards the "black" resistance line of a larger triangle.
Short term target can be set as shown on the diagram.
Stop Loss can be set below the dashed line of the symmetrical triangle.
If this is the case, we can expect an upward movement towards the "black" resistance line of a larger triangle.
Short term target can be set as shown on the diagram.
Stop Loss can be set below the dashed line of the symmetrical triangle.
Trade closed: target reached:
First target easily reached in short term