Monero(XMRUSDT) SL-$212,29 TP-$240
Technical Analysis:
False lows indicate bullish strength
Compression at the upper limit of the range announces an explosion of volatility
Tenkan-Kijun crossover on the daily chart
20-50 EMAs crossover on H4
MACD aligned on the daily chart
Additional Note:
The behavior of Monero is always unusual, but it tends to respect price ranges and compressions. Another detail is that it's the only altcoin to have independence from BTC movements, and it continues to grow despite governmental persecution.
False lows indicate bullish strength
Compression at the upper limit of the range announces an explosion of volatility
Tenkan-Kijun crossover on the daily chart
20-50 EMAs crossover on H4
MACD aligned on the daily chart
Additional Note:
The behavior of Monero is always unusual, but it tends to respect price ranges and compressions. Another detail is that it's the only altcoin to have independence from BTC movements, and it continues to grow despite governmental persecution.
Trade fermée manuellement
I see a possible diamond formation, which could indicate a strong reversal. To get out now is to get out with little profit, but to get out unscathed.
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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.