XMR has been on a bull trend for almost a week now, but we've seemingly broken that bull trend.
However, I personally believe that this will act as a pretty massive bear trap for panic-sellers as we're still well above the support of the new region we've broken into.
NOTE: This is not financial or trading advice. Please take everything you see here with a grain of salt, and make informed decisions when deciding whether to commit yourself to a position or not.
However, I personally believe that this will act as a pretty massive bear trap for panic-sellers as we're still well above the support of the new region we've broken into.
NOTE: This is not financial or trading advice. Please take everything you see here with a grain of salt, and make informed decisions when deciding whether to commit yourself to a position or not.
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We're seeing massive market pullback from the support line @355!Looks like the situation where we moon is VERY possible.
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Support line broken. Let's see how the market reactsTrade closed manually
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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.