Hello guys,
XMR has reached it's bottom and if 150USD stays unbroken, we can clearly assume it. It may move to the upper downtrend line in few days.
Target date is around June 15th. As you can see, there is always 50 days between each high.
Let's see if this pattern plays out again ! If so, there is a nice 20% to make ! :)
BUY : 150 - 160
SELL : 200 - 220
STOP : 145
Feel free to comment and follow.
Cheers,
XMR has reached it's bottom and if 150USD stays unbroken, we can clearly assume it. It may move to the upper downtrend line in few days.
Target date is around June 15th. As you can see, there is always 50 days between each high.
Let's see if this pattern plays out again ! If so, there is a nice 20% to make ! :)
BUY : 150 - 160
SELL : 200 - 220
STOP : 145
Feel free to comment and follow.
Cheers,
Trade active
On a smaller timeframe (1H) we have several bullish signs : - XMR is evolving in an upward channel
- A MACD bouncing on the 0 line, about to cross.
- Ascending RSI that crossed the 50 line
- EMA 10 (fast) above EMA 70 (slow)
- EMA 70 (short term) crossing with EMA200 (long term) : potential reversal
Trade closed: stop reached
Too bad :'(
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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.