Is there a Long Term Trend starting on XMR usdtHello Traders,
A very Good evening. Just wanna share an observation that XMR set to create a New Highs. 10,20 & 50 DMA is getting seprated from each other.
Price haa started respecting the nearest 10DMA.
RSI 14 readings above 60 on Monthly charts.
RSI 14 got an hidden bullish divergence on weekly chart & given breakout.
Indicating a Next Xrp like move.
Keep on watch the price has already came into trending zone. Long term holders can place their orders & start creating a Position.
A very good R:R on monthly time frame.
Thank You
Monerousdt
💡Don't miss the great buy opportunity in XMRUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (458).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
Take Profits:
TP1= @ 492
TP2= @ 518
TP3= @ 555
TP4= @ 608
TP5= @ 662
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️