Monero

Potential breakout upwards

72
My quick two cents: Inverse head and shoulders drop in dotted blue line, shown at the breakout showing a potential target of 350. Currently moving along the EMA 20 in orange, potential breakout of triangle and continue to 350 targer if there is momentum, otherwise if MACD drops below 0 we can see a reversal until 200 SMA as support.

snapshot
IF it breaks under the EMA 50 in orange, we can see the bearish trend set in, but at the moment it's bouncing off of it.

*disclaimer: this is for educational purposes only and not financial advice*

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.