XMRUSD; 3 Possible Options; All of Which Look Good to Me Over...
...the course of the next 5 to 10 days.
Expect a LOT of resistance at $13.75 to $14.25. We will have to bust through $14.25 quite soundly [Like $14.50 or higher] in order to see us NOT fall back down to the $12.55 to $12.75 range again.
In any case, I don't see much chance of losing on XMRUSD at the moment. My opinion.
I'm not responsible for any trades made by anyone based off my analysis. I simply report [My opinion] likely events to occur in the near future.
DASHUSD and XMRUSD both seem to be going along with BTCUSD. However, one important thing to point out: DASHUSD is "ahead of" both BTCUSD and XMRUSD. Meaning, DASHUSD may hold the key to events to come with BTCUSD and XMRUSD.
I believe DASHUSD is being used as a dry run for what is intended for BTCUSD and XMRUSD.
This chart is XMRUSD 2h TF:
This chart is DASHUSD 4h TF:
This chart is BTCUSD 4h TF:
Expect a LOT of resistance at $13.75 to $14.25. We will have to bust through $14.25 quite soundly [Like $14.50 or higher] in order to see us NOT fall back down to the $12.55 to $12.75 range again.
In any case, I don't see much chance of losing on XMRUSD at the moment. My opinion.
I'm not responsible for any trades made by anyone based off my analysis. I simply report [My opinion] likely events to occur in the near future.
DASHUSD and XMRUSD both seem to be going along with BTCUSD. However, one important thing to point out: DASHUSD is "ahead of" both BTCUSD and XMRUSD. Meaning, DASHUSD may hold the key to events to come with BTCUSD and XMRUSD.
I believe DASHUSD is being used as a dry run for what is intended for BTCUSD and XMRUSD.
This chart is XMRUSD 2h TF:
This chart is DASHUSD 4h TF:
This chart is BTCUSD 4h TF:
Note
I know I currently have BTCUSD taking a fairly big dip (dump) after a pump up. It's a rather large dup taking place over the course of 5 to 10 days. That is subject to change. I'm basing that moving off of past movement.Note
Simply pointing out my horizontal lines from top left; going downward to the right with pale green colored arrows. Those lines have been a "hit," so to speak, in terms of "where" we tend to have small consolidation events before taking a leg up. Note
Yes, we had a price drop down to $12.40. However, that does not affect my "long" term analysis for general overall scope of the direction I believe XMRUSD is heading.Note
When I post my "long" term analysis charts, it does not mean "buy" or "sell" that very moment. I'm not saying to ignore possible good entry point in a "shorter" TF based off my "long" term analysis.Note
The yellow path remains the same. I fine tuned the red path and blue path a little...Note
The further we come down along the our current aqua blue line, that means we are closer to following the red or aqua blue path and making the yellow path more rejected.Note
2h: Note
The 6h w/H-A Candles in Purple Haze Gold Theme...Note
Price Down Pick Up: youtube.com/watch?v=lEBP9dpVM70
Note
boy, was that wishful thinking... heheNote
It went up but came back to a test... Note
Still not a bad call after where it ended up...Note
Note
$13.52 may be our next adventure...Note
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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.