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julio24albert
Jul 15, 2020 3:35 AM

Binance Hot list coin July 15, 2020 : XMRUSDT #3 Education

Description

Looking similar with the other 2 coins IOTA and BNB. Currently the price is trending slightly below the resistance zone of the ascending triangle pattern for short term perspective. But, for longer term perspective there is a small gap for the price to test the resistance trend line that is a strong resistance zone. Breaking above this resistance trend line will lead the price to the new up trend bias in long term. The hidden bullish divergence is occurring and I think the take off will take place soon.
Comments
karmichwile
Wow, i was looking for advanced education about triangle pattern and here is! You using RSI to additional confirmation. What's else may be usefull? Last time i analyse triangle enters, popular concept to break-retest-enter drive to losing money, smart money people know that and they like to manipulate chart at break time.
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