XMR - Monero is gonna explode soon
Updated
#XMR/USDT #Analysis
Description
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+ The price has hit the resistance level and appears to be rejected from it (confirmation will come once the candle closes).
+ We can consider entering a long trade once the price retraces.
+ There is good potential in the bull run if the price bounces back after reaching the support zone.
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VectorAlgo Trade Details
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Entry Price: 170.1 - 152.88
Stop Loss: 95.96
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Target 1: 183.27
Target 2: 240.56
Target 3: 295.61
Target 4: 370.83
Target 5: 469.02
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Timeframe: 1M
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Description
---------------------------------------------------------------
+ The price has hit the resistance level and appears to be rejected from it (confirmation will come once the candle closes).
+ We can consider entering a long trade once the price retraces.
+ There is good potential in the bull run if the price bounces back after reaching the support zone.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 170.1 - 152.88
Stop Loss: 95.96
------------------------------
Target 1: 183.27
Target 2: 240.56
Target 3: 295.61
Target 4: 370.83
Target 5: 469.02
------------------------------
Timeframe: 1M
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Note
Price is moving exactly as per the analysis. Lets see where this weeks candle closes.
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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