XMRBTC , Monero would probably resume its uptrend against. !!
Technical analysis:
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.0270
TP2= @ 0.0304
TP3= @ 0.0320
TP4= @ 0.0356
TP5= Free
- MONERO/BITCOIN is in a range bound and resumption of up trend is expected.
- The price is below the 21-Day WEMA which acts as a dynamic resistance.
- The RSI is at 41.
Trading suggestion:
*The price is in a range bound, but we forecast the uptrend would resume.
*There is possibility of temporary retracement to suggested support zone (0.0242 to 0.0217), if so, traders can set orders based on Price Action and expect to reach short-term targets. - Beginning of entry zone (0.0242)
- Ending of entry zone (0.0217)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.0270
TP2= @ 0.0304
TP3= @ 0.0320
TP4= @ 0.0356
TP5= Free
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🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007
FREE Telegram 👉 t.me/forecastcity_com
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