XMR Ichimoku basic analysis - a Run on its end.
Updated
Kijun-sen ,Tenkan-sen both crossed and moved straight.
Cloud is getting thinner and XMR could test that 280 area real soon. If it can't fight its support, XMR might be going deeper in the 260ish area.
We are also below the chikouspan which add to the bearish sentiment.
I believe XMR is looking for consolidation next.
Cloud is getting thinner and XMR could test that 280 area real soon. If it can't fight its support, XMR might be going deeper in the 260ish area.
We are also below the chikouspan which add to the bearish sentiment.
I believe XMR is looking for consolidation next.
Trade active
Kijun-sen and Tenkan-sen broke off Cloud have been crossed and we sit now under it, it was our support area that got eat with big volume market buy.
XMR have confirmed is momemtum switch, and I believe this is the confirmation of the end of that run.
Trade closed: target reached
TP1 reached at ,0280 with a perfect exit.
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