XMR/USDT : Breaking below the channel !
BINANCE:XMRUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
XMR has formed an ascending channel and now it's breaking below the formed channel.
Based on the current volatility of the market; We might have more false break-out or rejections!
So in that term, I just marked an S/R line on $245, Which is going to give us the Short trigger after a close below and we can have our Short on the proper retest of mentioned line.
I would adjust a secondary for those who trying to have passive trades :
Trading setup :
🔻 Entry Pointes : $250 - $255 - $260
📍Targets : $241 - $233 - $217 - $206 - $190
🟥 Overall stop-loss : $285
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
Helical_Trades
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
XMR has formed an ascending channel and now it's breaking below the formed channel. Based on the current volatility of the market; We might have more false break-out or rejections!
So in that term, I just marked an S/R line on $245, Which is going to give us the Short trigger after a close below and we can have our Short on the proper retest of mentioned line.
I would adjust a secondary for those who trying to have passive trades :
Trading setup :
🔻 Entry Pointes : $250 - $255 - $260
📍Targets : $241 - $233 - $217 - $206 - $190
🟥 Overall stop-loss : $285
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
Helical_Trades
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TELEGRAM :
t.me/Helical_Trades
Instagram ( Persian - فارسی ) :
instagram.com/helical_trades/
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