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Monerobearish

XMRUSD - Do not expect this one to turn bullish any time soonYou may have noticed the market standing still. Bitcoin is really capable of going in either direction at the moment. But the direction for XMRUSD is pretty clear. As mentioned in the last trade, XMR lost its uptrend. Furthermore it closed the monthly candle in a hammer candle, taking that downtrend / triangle resistance. Be prepared for further downwards movement. Happy Trading!
BITFINEX:XMRUSDShort
by Thierry88
XMRUSD - Monero fell out of the trendBroke the trend. Hit triangle resistance. Bearish
BITFINEX:XMRUSDShort
by Thierry88

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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