MoneroLong
XMRUSD Bullish Short-Term & Long-Term
Updated
Monero is showing strenght during the last weeks, compared to the general crypto market.
So Macro looks strong for XMR even during these times of Crisis.
As for the short-term price, we could easily reach 300$, before consolidating sideways for a period.
The price-target for the next 4-6 months should be around 500$, since we clearly broke out of the Falling wedge and thus indicating 500$ as probable Target to complete the larger breakout of this Pattern.
I have tentatively and roughly drawn a line with several swings, at different Key FIB levels (just for the sake of the larger picture)
So that's it, just press the Buy button, take your coins of exchange and Relax this Spring & Summer!
So Macro looks strong for XMR even during these times of Crisis.
As for the short-term price, we could easily reach 300$, before consolidating sideways for a period.
The price-target for the next 4-6 months should be around 500$, since we clearly broke out of the Falling wedge and thus indicating 500$ as probable Target to complete the larger breakout of this Pattern.
I have tentatively and roughly drawn a line with several swings, at different Key FIB levels (just for the sake of the larger picture)
So that's it, just press the Buy button, take your coins of exchange and Relax this Spring & Summer!
Trade closed manually
Short-term target Reached.Remaining levels didn't play out yet, and breakout got invalidated.
Long-term Target of 500$ still holds
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