Updated
XMRUSDT possible breakout
XMR is closing to the resistance on 163. After breakout it can go to 171 and keep the triangle upeer line as resistance.
Bouncing from 163 resistance may result in going to test support on 147 and forming the head-and-shoulders on 1D chart.
Breaking 147 means the price may go to trend support line visible on 1D chart.
Bouncing from 163 resistance may result in going to test support on 147 and forming the head-and-shoulders on 1D chart.
Breaking 147 means the price may go to trend support line visible on 1D chart.
Note
XMR tested the 147 support and now plays with lower triangle line as resistance, when go back there is a possibility to continue the scenario.
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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.