The_111_Quants

ALTCOIN OF THE WEEK: XMRUSD 1H ASIA UPDATE

Long
BITTREX:XMRUSD   None
Every week, for one particular altcoin, in addition to the charts that I upload on TradingView, I will put the comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 15/04/2018-21/04/2018, I propose XMRUSD


XMRUSD 1H ASIA UPDATE - 20/04/2018
Monero is proposing some action this morning with break of 239.12 as expected. RSI divergence is intact. Expect to reach at least 243.48-247.80, possibly 254.78 or higher.

215.99 is soft support in lower time frame to complete the cycle from 188.15 low that is our invalidation level to the upside for now.

For those not long from lower, I would rather now wait for the pull back and would buy any pull back in corrective 3 waves and as per method. Looking forward to next week for more action.
Be on the right side of the market!

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