Chibuike_Odoh

XMRUSDT - Accumulation phase 🔼

Long
BINANCE:XMRUSDT   None
XMRUSDT is testing the parabolic support as shown in my previous position.
RSI is printing a bullish divergence signal.
Price has been consolidating rectangular pattern ( accumulation phase ) at the support level.
Buy entry ⬆️ - breakout above the rectangular pattern resistance.
Target 🎯 - resistance levels.
Setup invalidation ❌ - breakdown below the rectangular pattern support.

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.