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ForecastCity_World
Jan 7, 2021 2:52 PM

💡Don't miss the great buy opportunity in XMRUSDT  Long

POLONIEX:XMRUSDT60
Monero / Tether USDPoloniex

Description

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Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (136.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. XMRUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 71.

Take Profits:
TP1= @ 153.5
TP2= @ 161.3
TP3= @ 170.1
TP4= @ 182.4
TP5= @ 202.0

SL= Break below S2

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Be sure to leave a comment let us know how you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️
Trend AnalysisChart PatternsTechnical IndicatorsxmrmoneroUSDusdtxmrusdXMRUSDTmonerotether
Comments
Sophi2018
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Very well done, thank you
ForecastCity
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@Sophi2018, You're welcome!
ForecastCity
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@Sophi2018, We appreciate your positive feedback.
DenizKilicDeniz
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👍
Josef_anderson
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I believe buy zone should be higher. So I set my orders @144.7
Anyway, It's a perfect charting!
ForecastCity_World
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@Josef_anderson, Thank you for your comment.
Kamryn
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It's the right choice traders!
ForecastCity_World
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@Kamryn, Thank you for your comment. We appreciate it
Kristalyn
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You always manage to create the most beautiful and detailed charts.💐
ForecastCity_World
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@Kristalyn, Thank you for your comment.
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