Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (144.8).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
1. HH is broken, creating a new HH (BOS)
2. HL couldn't hold the uptrend, creating a new LL (CHoCH)
3. The price will now test the 4H OB and supposed to bounce back from the OB.
4. This creates a good Short opportunity from the 4H OB.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (226.7).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (149.67).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (191.9).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (280.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (275.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Monero forms a Descending triangle in daily time frame near it's major support zone. Respecting the above trend-line as it's resistance, breakout of the pattern with a good buying volume can give a healthy move.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (199.27).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
As we can see XRMUSDT has been moving in an ascending channel for a month and is not going to slow down. This trend will continue until the price breaks the channel up or down. For now, the price is approaching the support level of $ 450. Since the price bounced off it many times, it is possible that it will rebound even now, but a breakdown of the level is also...
Trading 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.
...
Om Namah Shivay
Monero Tether is possible long. Looks so much up down and spikes. Some rare expanding triangle patterns seen.
Still the target looks upside now.
Om Namah Shivay
BINANCE
