XMRUSD LONG opportunity

XMV hard fork coming up on the 30th of april and a nice little inverted head and shoulders, also we can see price bouncing off extremely long term support , couple this with the presents of BTC LONG in the coming month we may be in for a ride here, targets at 280 300 320

We also have Stochastis crossing with bullish divergence on the Weekly chart

I personally have been Long from 162.XX

DYOR

best of luck ladies and gentlemen

happy trading!

the trading tradie...

Note

Marginally profitable H+S trade, dont fret if long, looking accross at the XMRBTC chart with alot of bullish DIV on the 2HR chart, i think price action on BTCUSD and XMRUSD will squeeze until XMR breaks out against BTC

Note

IHS on the XMRBTC

Note

and again

Note

we are in what is known as 'exhaustion' or 'accumulation' you see this before big movements as price is suppressed and big money begins accumulating at low volumes. this happens because it is very easy to push the price down after each order ensuring that the buyer gets majority of his / her buys in at low desired price.

right now on XMRUSD a different upside potential, possibly see a major higher target if this is an ABCDE corrective triangle coming to an end. Airdrop on the 30th and whispers that US Gov are planning on buying up privacy coins to shadow shady dealings...

im in this for the long haul, may need a hair transplant at the end of it though

Note

XMRUSD backed into a corner with no way out, if turn down happens all time support not far below so honestly risk of downside is minimal.

i see only up

Note

this could be indicative of market turn across the board, keep a watchful eye on BTCUSD breaking the 7100 -7300 mark with confirmation on retest. the bears may finally hibernate leaving only bulls to frolic in the green pastures the lay before us!

Trade active

BABY BABY BABAYYYY

Trade closed: target reached

sold all holdings at 295 area i would be looking to exit now!

Note

tradingtradefortading

Also on:

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.

tradingtradefortading

Also on: