XMRUSD Channel Break upwards and going to 350-375
Hi Guys,
Monero was consolidating above the upward channel and now it has taken support from the channel and looking for an upward target
Underneath it has strong Channel support as well as horizontal support.
350-375 would be a good target
Macd Also crossed bullish
Monero was in downtrend for 3 years below horizontal support. Then it broke horizontal resistance and turned it into support
Enjoy trading.
Just my thoughts not an investment advise
Take care
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Also you can scroll to my other charts which i recently published
Monero was consolidating above the upward channel and now it has taken support from the channel and looking for an upward target
Underneath it has strong Channel support as well as horizontal support.
350-375 would be a good target
Macd Also crossed bullish
Monero was in downtrend for 3 years below horizontal support. Then it broke horizontal resistance and turned it into support
Enjoy trading.
Just my thoughts not an investment advise
Take care
Like and subscribe for more analysis.
Also you can scroll to my other charts which i recently published
Note
And Xmr hits its first major target as mentioned in the idea
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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.