Fibonacci Cluster and Support Zone:$50,76 / $48,10
We have also long tern Trendline Support in the same area.
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Expect a downturn in the price of a particular currency, which is influenced by the movement of the bitcoin price.
Every investment and every trade is a risk, so you should always do your own research before making any decisions. We do not recommend investing money that you cannot afford to lose.
I wanted to share this beauty of a chart by the team at Monero.
I love geometry, shapes, waves and everything else in between. I wonder where it will head to next...A, B or C? ;)
At Purple Crypto Premium, we have had a ripper of a month in September of precision trades with on-point signals.
Total trades: 3
Profiting trades: 3
Losing trades: Nil
Monero (XMR) has started to make a breakout from the bullish chart pattern called "Falling Wedge". The bounce came from the upwards trendline and hopefully, it guides the price to the higher levels.
The trade gets confirmed after the Daily candle close above the upper orange trendline and the first target should stay around $85. Second and a bit riskier...
XMR/USD NOV- DEC - Possible bearish and bullish pattern
This graph will take long and medium hold for XMR traders
For this graph, We use Elliott Impulse Wave (12345) with eclipse tools and MacD
Remember TECHNICAL ANALYSIS is all about probabilities and based on previous market performance(not all about certainty)
Disclaimer: This is for educational...