Monero XMRUSD Idea
As many other altcoins, Monero follows BTC movement.
If we see a upward reversal for BTCUSD, the following strategy might workout. Place tight stop-loss order after going long.
If we see a upward reversal for BTCUSD, the following strategy might workout. Place tight stop-loss order after going long.
Note
Wait for bar to close above resistance level for extra care and go longTrade active
Trade closed manually
It seems like XMR found resistance at 50.3. We could see support at 47.3 to consolidate last resistance levelNote
Current level according to 36.4 resistance level. But double top was formed, may head slightly north to further decline later
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.
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.