ForecastCity

💡Don't miss the great buy opportunity in XMRUSD @monero

Long
POLONIEX:XMRUSDT   Monero / Tether USD

Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (199.27).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. XMRUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.

Take Profits:
TP1= @ 222.66
TP2= @ 244. 05
TP3= @ 274.92
TP4= @ 307.92
TP5= @ 344.90

SL= Break below S2

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Comments

Please explain about break below S2...tnx
+1 Reply
ForecastCity shafiee835
@shafiee835, Thank you for your comment.
SL= Break below 182.99
+1 Reply
Thank you so much.
+1 Reply
ForecastCity Megan_forex
@Megan_forex,   You're very welcome!
Reply
A very useful analysis! Thanks .
+1 Reply
ForecastCity carefulOwl22772
@carefulOwl22772, You're very welcome! We hope you enjoy it.
Reply
Clear analysis.👍
+1 Reply
ForecastCity Sophi2018
@Sophi2018,
Thank you for your comment. We appreciate it.
Reply
It has not yet reached the predicted targets Do you think it costs $ 300?
Reply