XMRBTC - Agreeable Signs Showing Breakout Potential
We saw a huge bullish rally with a significant retracement. We've hit the 0.786 Fib level and showing a downward bullish trend. The daily candle is forming a reversal doji but we're only half way through so the formation can change. Also, we're at a significant resistance level from previous points and it's acting as support. Let's wait for a confirmed breakout with volume before entering.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.