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ForecastCity_ME
Jul 5, 2021 10:04 AM

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

Monero / Tether USDPoloniex

Description


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 45.

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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Comments
Megan_forex
Good analysis .
ForecastCity_ME
@Megan_forex, Thank you for your comment. We appreciate it.
carefulOwl22772
Thanks for this chart. Very helpful.
ForecastCity_ME
@carefulOwl22772, You're very welcome! We're happy to help!🌹
Sophi2018
Very cool view, thanks for sharing .
ForecastCity_ME
@Sophi2018, You're very welcome! We hope you enjoy it.
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