Technical Analysis: The clear historical pattern and the risk-reward it offers will undoubtedly attract a lot of selling pressure. In a trade based on probabilities, this would be a good opportunity.
Technical Analysis: MACD crossover on H4 Momentum Mean reversion on the daily chart
Technical Analysis: Engulfing candle with high volume on the daily chart Support at the Ichimoku Cloud on the daily chart Momentum
Technical Analysis: Bullish hammer candle with high volume on the weekly chart at the 20 EMA Accumulation on the daily chart MACD crossover on the daily chart A bit of faith
Technical Analysis: Accumulation Daily 50-200 EMA Crossover MACD Crossover on H4
Technical Analysis: Accumulation Breakout of engulfing candle with volume and ceiling test Tenkan and Kijun crossover on H4 Daily MACD Crossover
Technical Analysis: Accumulation Daily 20-50 EMA Crossover Daily MACD Crossover The daily gap might act as a technical magnet
Technical Analysis: Accumulation Progressive increase in volume on the daily chart Double crossover (MACD and EMAs) on the daily chart Momentum
Technical Analysis: Rounded bottom accumulation and compression Increase in bullish volume Crossover of EMA 20 and EMA 200
Technical Analysis: Weakness in bearish candles Increase in volume may indicate a reversal Engulfing candle on the daily chart A reversal towards the mean on the H4 chart is likely MACD on H4 indicates a probable inflection point
Technical Analysis: Accumulation Increase in volume Presence of large bullish candles MACD crossover
Technical Analysis: Diamond formation indicates a likely reversal The risk-reward ratio is good enough to take the opportunity
Technical Analysis: False lows indicate bullish strength Compression at the upper limit of the range announces an explosion of volatility Tenkan-Kijun crossover on the daily chart 20-50 EMAs crossover on H4 MACD aligned on the daily chart Additional Note: The behavior of Monero is always unusual, but it tends to respect price ranges and compressions. Another...
1. Trading systems do not yield the same results in all markets (or across all timeframes). 2. All markets have their own characteristics. For example: XMR moves within ranges and experiences strong volatility spikes, while the S&P 500 is highly trend-driven with a strong upward bias (since 1984, it has closed bearish only 7 times). 3. Effective trading...
Technical Analysis: False bottom on the weekly chart Continuation gap on the daily chart Momentum
Technical Analysis: Accumulation with a rounded bottom and compression on the daily chart False bottom on the daily chart Tenkan and Kijun crossover on the weekly chart MACD crossover on the weekly chart Trendiness Additional Note: The issue with this trade is the very tight stop loss to meet the 1:1 risk-reward ratio. Let's hope it holds.
Technical Analysis: Bearish formation with compression Bearish breakout gap MACD crossovers on Daily and H4 charts Momentum Behavioral pattern
Technical Analysis: Accumulation with compression in a vertical trend Breakout gap Additional Note: In a market with so many gaps, gaps are not as effective, but considering the context, I believe this is an opportunity not to be overlooked.