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ForecastCity_World
Jul 5, 2021 10:09 AM

💡Don't miss the great buy opportunity in XMRUSD @monero Long

POLONIEX:XMRUSDT240
Monero / Tether USDPoloniex

Description

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Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (199.27).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.

Take Profits:
TP1= @ 222.66
TP2= @ 244.05
TP3= @ 274.92
TP4= @ 307.92
TP5= @ 344.90

SL= Break below S2

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Trade well, ❤️
ForecastCity English Support Team ❤️
Trend AnalysisChart PatternsTechnical IndicatorsxmrusdxmrUSDmoneromonerolong
Comments
financialflagship
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Solid TA, thanks. 🙌
DenizKilicDeniz
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@financialflagship, 👍👍👍
ForecastCity_World
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@financialflagship, You're very welcome!
YMGroup
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bro great work
ForecastCity_World
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@YMGroup, Thank you for your comment. We appreciate it.
AtlasTrades
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Your idea seems to be pretty accurate
ForecastCity_World
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@AtlasTrades, Thank you for your feedback. We appreciate it.
MMBTtrader
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Strong support here
ForecastCity_World
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@MMBTtrader, Thank you for your comment.
davidgolandak
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I really appreciate your work.
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