XMR Reversal Wedge/TriangleXMR has just confirmed a breakout (both BTC and USD pair) out of a trend reversal wedge/symmetrical triangle. My first target is around 164. Beware of the red trendline, though I'm feeling pretty bullish about the move.
I'd put a stop loss at 1356
XMRBTC trade ideas
XMR MoneroSlowly but surely Monero is coming back. Weekly volumes turning good.
Don't think about fast gains in XMR but it's a Safe Long invest.
Buy now 12900ish or little less.
First Sell 14000ish.
if break up Second sell 16000ish.
Big resistance 17500ish.
Stop Loss 12400.
And as Always follow BTC trend.
Happy Tr4Ding !
$XMR Trying to break out from Symmetrical triangle and crossing
UCTS buy signal on the 1D
Volume increased over the last week.
Both RSI & MACD rising
Breaking above the EMA50 with volume can trigger the trade with 1st potential target at ~15300sats...
#XMR
XMRBTCLots of activity this morning. If it breaks nearside resistance then it looks like the next resistance is the target at 13576.
A good bounce to clear 50 rsi which shows some good energy.
XMR alternate BAT patternOn the chart you can see alternate BAT pattern with XA projection 1.13. First target for this pattern is 0.382 fib. retracement A-D and the second is 0.618. I chose 0.618 as a first target, because it´s the highest propability that monero found bottom. Second target around 40% and than hodl.
IF YOU WANT STOPLOSS, PUT HIM BELOW LOW.
Monero: Wait for limit priceXMR is accumulating capital in this triangle. Q2 and Q3 are gonna be awesome. This is middle-term coin.