- It is a right time to buy Monero, because of the cup and handle formation!
- Target is 1:1 fib trend-based extension - in next leg up, so be prepared.
- RSI is ready for a pump and once we reach all time high, we should accelerate in speed.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR...
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Today we analysis 6 chart and publish it for anyone that can take position and can take profit from market
In here we a key in some candles ago and we need a pullback to the minor resistance to accept the key after that it can fall down until the 1st tp reach
Dont forget stop loss and money management
Be with us and slepp comfortably
". There is a possibility of temporary retracement to the suggested support line (275.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Monero has recently broke above a key resistance level & closed above the level on the Daily Timeframe .
A small pullback & retest of the key resistance around the 275 price mark has happened & is currently in accumulation.
RSI on the Daily Timeframe is 57.28, indicating an uptrend whilst still having lots of room before entering overbought territory.
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(XMRUSD 1W Chart) - Mid-Long-Term Perspective
Above the 93.02191270 point: the uptrend expected to continue.
Above 140.80749648-160.228881 section: It is expected to create a new wave.
KRAKEN:XMRUSD broke two important technical resistance levels: diagonal resistance line and 200 DMA. Now is consolidating under the HTF resistance of 288.
Considering the general crypto bullish trend and that also BINANCE:XMRBTC has fallen to the HTF support of 0.0502 (where we should see a bounce) it is likely that the trend in KRAKEN:XMRUSD should resume...
Monero is seeing a price movement uptrend with a retest and 269.5. I am forecast a bullish market wiith entry points before the break of the second resistance, with a SL. Tell me what you think about this pair going Long
While forex market is sleeping after yesterdays' rallies,
here is a very peculiar potential trend following opportunity for you on XMRUSD.
The crypto pair has recently retraced and now is trading within a supply zone.
240 - 250 is our potential reversal zone.
You confirmation to short will be a neckline...
XMR to $800+ in the cards
contiuation of decrease in volume as channel trend lines converge confirms pattern.
Usage metrics bullish as ever. XMR is long overdue for a real pump imo.