dawn996

XMRUSD seems ready to take off in a big way!

Long
BITFINEX:XMRUSD   Monero
Last week I wrote about the broke out in XMRBTC. Today I sighted the break out in XMRUSD. EMA are all trending higher implyign sustainability in this move up. It has broken the resistance level that has capped this pair since Mar 2020. This break up only signified a greater move. When you compressed the chart to see the longer timeframe, I cant help but get excited about the long term prospect of this pair.

Looks technically viable to trade beyond 100. Enter at current market 70.85 for 96 with stop loss at 59.50
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