Can Monero break the U-MLH of the yellow Fork to stop the down-drift?
In the last post we see that Monero has the potential to reach the white Centerline at around $240. At least this is the view on the weekly Chart.
On the other hand we see support at the U-MLH in the daily Chart.
Until the U-MLH of the yellow Fork isn't breached by a open and close outside, the weekly short projection is in play.
In the last post we see that Monero has the potential to reach the white Centerline at around $240. At least this is the view on the weekly Chart.
On the other hand we see support at the U-MLH in the daily Chart.
Until the U-MLH of the yellow Fork isn't breached by a open and close outside, the weekly short projection is in play.
Note
Pheeew, what a drop.Here comes $240 as projected?
Hang on, hang on §8-)
Trade closed: target reached
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🔱 Follow The Fork 🔱
👉 Free Newsletter
👉 Join free Mini-Lessons
👉 Avoid subjectivity. Embrace rule-based trading
👉 Free yourself - Create your own profitable Charts
🔱 howtochart.com
👉 Free Newsletter
👉 Join free Mini-Lessons
👉 Avoid subjectivity. Embrace rule-based trading
👉 Free yourself - Create your own profitable Charts
🔱 howtochart.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.