Here are some details. We are possibly in a Wave 1 for XMR. We are having a possible W formation on the weekly chart.
Short term i see a retracement...
Trap Zone for Fomo fishers : 89.60$ to 103.57$
Buying zone : 74.55$ to 56.77$
1st Target to reach 206.30$ at the 0.382 fib
2nd target to reach 306.81$ 0.618 ... (if o.382 fib confirmed a support on a daily close) (Counter trend rally).
Short term i see a retracement...
Trap Zone for Fomo fishers : 89.60$ to 103.57$
Buying zone : 74.55$ to 56.77$
1st Target to reach 206.30$ at the 0.382 fib
2nd target to reach 306.81$ 0.618 ... (if o.382 fib confirmed a support on a daily close) (Counter trend rally).
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.
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.