Updated

XMR - Possible move down to 77 and 65

XMR - Possible move down to 77 . if 77 fails to hold as support net move down will be to 65.

Note

XMR monthly also shows there is an incoming extended move brewing

incoming extended movement

Note

This extended move could be up or down and should be a substantial candle size move

Note

I nicknamed these the triple doji showdown because they often proceed a large move or a large direction change .
As is the case with everything in trading they dont always playout , but when I see them appear on a chart I usually take them as a sign to proceed with caution.
- Below is an example from the BTC chart

tds

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Also on:

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.