XMR is in 4h cup and handle bullish pattern, as you can see in this 4h chart,
XMR is in continues strong uptrend and has a strong potential to see another strong spike up to $170, before seeing a small correction.
If XMR daily candle closes above $132, it will be a clear daily bull signal.
MACD is giving a daily bull...
We have price testing major trend line resistance and also discovered potential ascending broadening wedge setup.
RSI returning from overbought zone and oscillating indicator showing major bear incoming.
Do follow the short idea with your stop loss intact should incase price breakup from here.
Do know that I appreciate you taking the time to read my posts and...
XMRUSDT is testing the ascending scallop.
If the price will break the parabola and break the daily support According to Plancton's strategy, we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h...
BTC is pulling these large cap alts higher, but many of them are hitting resistance right now. This strategy could probably be copy/pasted to a few others.
Buy the breakout of this falling wedge / bull flag, or wait for a retest of support.
Bullish MACD cross on 4hr TF may indicate a breakout... We'll see :)
This is complete market structure on 4h chart. But if you take a look at weekly candles, there is a big shooting star / topping tail candle, which is of course a bad sign. Blue trend line should be defended for smooth continuation of the trend to the upside.
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price broke the upper line of the channel so after a good pullback to that line it starts to go up and you can open a long position (for short term traders).
stop loss: just under the upper line of the channel
take profit: first target is the middle line of upper channel (green channel) and second target is on upper line of that channel
Guys I'm watching Monero for a long time waiting for short this, Bulls and Bears are really fighting the range between 133 and 124, in the last BTC running Monero pumped also but I thought that could goes really higher but had not power. I left a order in 135 and it was trigged in the last stick, this is the second huge rejected stick. All say that this will go to...