Monero
Long

Monero Cup & Candle Potential 🦬 💥 🦬

Updated
Hi everyone 👋🏽

🕊 Wish y'all have a profitable lifestyle 🍀

📌 XMR /USDT - WEEKLY Tme-Frame - Heiken Ashi

📌 Fibonacci Channel - CUP and CANDLE Pattern - Cycles

📍MONERO / USDT is looking so bullish based on its possible cup and candle pattern along with cycles it has made

📍Monero is a privacy coin which is one of favorite of those who value their privacy and anonymity

✍🏼 In daily time frame we have created a very precise triangle which I am going to share in the next comment, with breaking this triangle it could be really a good opportunity to have Monero in our bags :)

✍🏼 RSI is in a great position (near 50) in weekly time frame

TO BE CONTINUED
Note
Triangle in Daily time-frame

snapshot
Note
THIS IS NOT A FINANCIAL ADVICE

PLEASE MAKE DECISION BASED ON YOUR OWN

I JUST TRY TO SHARE MY IDEAS WITH YOU GUYS

GOOD LUCK

NP TRADER
Note
Double Bottom is to be seen in weekly time frame

snapshot
Trade active
The price has seen a very long wick to the 140s level

Which can be a good sign of buyer taking positions

Although we have a sharp bearish momentum, I think with larger risks we are able to STILL HODL this privacy coin

We can also see a beautiful bullish flag in addition to the cup and handle itself

This TA means a lot to me
Bitcoin (Cryptocurrency)CryptocurrencyCup And HandleEconomic CyclesfibonaccichannelsmoneroParallel Channelprivacycoinxmrusdxmrusdtlong

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