Long
XMR potential big move
XMR formed an ascending triangle and seems to have broken out the pattern.
To have a safe trade, it is better to wait for a clearer breakout (with a 4H candle closing above $25 for example) and with/without successful retest, depending on your trading style.
To have a safe trade, it is better to wait for a clearer breakout (with a 4H candle closing above $25 for example) and with/without successful retest, depending on your trading style.
Note
XMR slowly move but as predicted (for the moment)Note
TP1 $152.8 hit. +15% profit
Note
It is recommended to move SL higher (for example 130$) to secure the profit.Note
At the moment, XMR is trying to break the major resistance, the wickless weekly trendline (black line)Note
XMR broke the black line ressitance and was very close to the TP2.Note
TP2 $167.1 was hit. +26% profit so far.
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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.
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.