Its been 23 Days since #XMR decreases in price.
Expect continuation of the downtrend with further increase of the price, because on D TF we can see RSI almost oversold. And the price is coming to very strong support where we can see Weekly FVG, Weekly 50 ema cross and 200 ema cross on D TF
We can expect bounce from that level - 148.8$
If the price wont stay above 1st Target, that I mentioned on the chart, after the bounce from 148.8$
Then probably, coin will continue its descending move towards to Support line that you can also see on the Chart, where I will set a Limit order to buy.
You can Open:
Shorts until the levels I mentioned in the chart and set Limit orders to long when the price will reach the levels.
Long Position invalidates only if the price will stay below the support line.
Expect continuation of the downtrend with further increase of the price, because on D TF we can see RSI almost oversold. And the price is coming to very strong support where we can see Weekly FVG, Weekly 50 ema cross and 200 ema cross on D TF
We can expect bounce from that level - 148.8$
If the price wont stay above 1st Target, that I mentioned on the chart, after the bounce from 148.8$
Then probably, coin will continue its descending move towards to Support line that you can also see on the Chart, where I will set a Limit order to buy.
You can Open:
Shorts until the levels I mentioned in the chart and set Limit orders to long when the price will reach the levels.
Long Position invalidates only if the price will stay below the support line.