XMRUSDT $BINANCE:XMRUSDTBreaking down out of a bearish channel after a major rising wedge breakdown, buy areas below (support)
Because this is a renko chart I'll update manually in the updates
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Bottom of channel held long enough to close a bullish reversal brick, however still stuck in local range
No decisive momentum at this current moment
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Bearish breakdown confirmed on the daily for nowNote
First buy was hitNote
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Intra-day local double bottomNote
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Looks like a local upswing is on the cards before the macro trend likely continues
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Brick printed
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Buy area 1 holding as support for now on daily chart
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Added BTC Pair support region & resistance levels to watch out for
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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.