The_202_Quants

ALTCOIN OF THE WEEK: XMRUSD 4H 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 4H UPDATE - 20/04/2018
Since last session, monero continues higher. From current level, I expect XMRUSD to break higher to complete third leg of cycle from 07/04/2018 low. I would be careful for break out strategy here as cycle from the low is mature and there should be some discussion between bears and bulls soon. I don't like to sell from current level or higher even though at the moment we are in a corrective 3 waves up from the lows and technically, bears should appear to pusher lower. Next week is going to be interesting

This has been an amazing week for monero. Next week I will review in detail another crypto in the same format as this week. If you have suggestion or preference, please leave in comment. Thank you so very much! Wish all a great weekend ahead.

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Comment:
difficult to better show the path! anyone in the green 4?
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