Monero XMRUSD: Bullish Setup to Catch a Swing Move

XMR dropped nicely to a major daily support cluster.

The price was nicely rejected and now we see a classic bullish accumulation on 4H
with a sequence of equal highs and higher lows.

To catch a bullish continuation, wait for a bullish breakout (4H candle close above) of 227.0 resistance.
Then buy aggressively or on retest.

Your goals will be:
251
272

In case of a formation of a new lower low on 4H, setup will be invalid.

Commentaire:

Check my new analysis on AUDCAD: