Commencez
Monero
Short

XMRUSD Burnout Push

Par FenixCapital
Mis à jour
XMRUSD using the lasts of its jet fuel to push $85

Descending volume + ascending triangle = down

1H Stoch making its way to the bottom will probably pull price with it
Note
1D
Target: 200D EMA @ 70 + 50D EMA&MA @ 67
If it bounces there parabola stays intact for move to $150 (previous ATH)
snapshot
Note
See related for main analysis
Note
Pushed higher with unanticipated force - primarily suspect to the correlation between ethereum which as shown was forming a ascending wedge (not triangle) which it was pushing up out of.

Shown clearer on ehtereum are
A) Hitting horizontal resistance of ascending wedge
B) Break upward
C) Evident consolidation on top of resistancee turned support

snapshot
moneroTrend Analysisxmrusd
FenixCapital
Aussi sur:

Publications connexes

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.