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gamall1987
Sep 29, 2022 9:42 PM

XMRUSD should be on the watchlist  

Monero / U. S. DollarKraken

Description

I have come across this particular coin and can't decide for sure if it is bullish as more analysis needs to be done here. For what is worth, it has completed the C-wave of a corrective trend (hopefully) so now it is on the motive wave completed 1-2-3-4 and wave-4 has respected the supply zone of wave-2 and bounced back up. Well, wave-5 is on the run and could be a continuation wave-3 (Elliot's always subjective - that's one demerit of the theory) . Next few days or wks will confirm.

Trade active

Stop-loss 133

Trade active

Now penetrating the resistance after a long unusual flow momentum. 152 is a confirmation. 133 is a stop-loss.

Comment

Such a turtle!
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