XMR is accumulating above an important resistance level, and if we break this resistance on the uptrend direction, we are going to have a possible Bullish momentum.
For now, we must watch the price testing this resistance zone and see if the bulls can take control of that area.
Push the like button and follow us on Tradingview!
XMRBTC seems to be bullish after that the price broke a daily dynamic trendline.
The price founds the support on previous resistance and now According to Plancton's strategy, we can set a nice order
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if...
Moneiro is crossing an important downtrend line on the weekly chart. It maybe is an good opportunity for a swingtrade.
If we analise the daily chart it show us an ascending triangle what is also very bullish for the price. This ascending triangle can be a good protection for our stop.
Please push like buttom...
XMRBTC looks like it has broken resistance of a symmetrical triangle to the upside.
If this is the case, we can expect an upward movement towards the "black" resistance line of a larger triangle.
Short term target can be set as shown on the diagram.
Stop Loss can be set below the dashed line of the symmetrical triangle.
Today we will talk about XMRBTC and its price action from Elliott Wave perspective.
XMRBTC is sideways since 2019 and it's ideally forming a big bearish triangle pattern in wave "iv", which means that we should see even more weakness and sooner or later we may see new 2020 lows that can send the price down to 0.0060 - 0.0050 area, if not even...