Things are turning interesting here.
Decreased volatility for the last few days is an indication of volatile price change is in the near future.
We are more likely to have a rally, than a decline, as we are finishing what appears to be a micro 1-5,abc pattern.
If the price continue to stabilize, this will lead for the price action for Alt coins accumulation,...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (86.00). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
They hit it at the historical level, bought it off just like it did last time (marked by blue ovals)
The next target zone I see is $ 61
Now we are showing the market that we are holding the level of $ 85, and the big players are unloading about traders who come in on kickbacks.
We lie on the support of the MA100 will rebound, how much?
holidays with no internet for 5 days and you guys dump the market 40%, that's not cool. Back on internet but no mouse. Quick look at $XMR which looks good if it doesn't go any lower than that. Still on holidays until monday. Will look at the rest later
XMRUSD formed triangle and soon we will break up resistance line of triangle.
MA 50 and MA100 aready cross - signal for buy
Also you can see how MA100 and MA200 soon cross
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