This privacy focused coin is showing short term confirmation that’s about to expand to higher time frames and is about to reach the targets in upcomming weeks, i am bullish on XMRUSDT. My setup for it is as follows:
ENTRY: 116 - 139
OneTime Entry: 133
Short Term: 144 - 147 - 156 - 176 - 210 - 219
Mid Term: 255 - 305 - 360 - 470 - 530 - 584
STOP LOSS: 104...
Throughout the whole year, every time XMRBTC broke above both the MA50 and MA200 on the 1D time-frame, the price rose by +9.50%, +27% and +60.50%.
When the MA200 broke last, we saw the strongest rises while then the MA50 broke last we saw the +9.50%.
This time it broke the MA200 last. Can it deliver a +27% or +60.50% rise?
Previous XMR signal:
**...
Pattern: Head and Shoulders on 1D.
Signal: Bullish as the price hit the 0.006150 Support and should rebound to form the Right Shoulder.
Target: 0.0075 (right below the Neckline).
Monero is on a 1W Channel Down. There is no reason to be bullish as long as it trades inside this Channel. Although it seems to be supported since the December bottom it is safer to go long once this Channel breaks upwards. I will go long above 64.700 and target 90.000.
