Long
XMR possibly finding a new trend soon
Looking at the 4H chart, XMR just broke into a major structure area which has resulted in huge price bounces in the past. This major resistance level also shows a bullish hidden divergence within the RSI indicator as well as a double bottom.
Entry - around 0.00620 after price action has broke the the falling trend line.
Stop Loss - 0.00560
T1 - 0.00789
3:1 Risk ratio
Entry - around 0.00620 after price action has broke the the falling trend line.
Stop Loss - 0.00560
T1 - 0.00789
3:1 Risk ratio
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.