XMRBNB Neutral with Short Bias
1. XMR/BNB 4-hour chart.
- A descending triangle has formed. Not a good sign. Bearish sign.
- But on RSI, we are seeing higher low. Good sign.
2. XMR/USD 4-hour.
- A descending triangle has formed. Not a good sign. Bearish sign.
- But considering we are in bull market, this descending triangle has less impact.
3. Historically XMR/BNB has strong support at 3.2. If that doesn't hold, the next support is 2.8 (-12.5%)
IMO,
- the near future outlook for XMR/USD isn't bad.
- Just that the likely hood of BNB overpacing XMR is higher.
- A descending triangle has formed. Not a good sign. Bearish sign.
- But on RSI, we are seeing higher low. Good sign.
2. XMR/USD 4-hour.
- A descending triangle has formed. Not a good sign. Bearish sign.
- But considering we are in bull market, this descending triangle has less impact.
3. Historically XMR/BNB has strong support at 3.2. If that doesn't hold, the next support is 2.8 (-12.5%)
IMO,
- the near future outlook for XMR/USD isn't bad.
- Just that the likely hood of BNB overpacing XMR is higher.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.