Monero / Bitcoin
Long
Aggiornato

XMRBTC - Monero potential bullish cypher pattern

Potential bullish cypher pattern on the daily chart shows a long entry around 0.011217777. Pattern completion coincides with a retest of broken resistance.
Trade attivo
Looks like a compelling place for a Monero long to me.

istantanea
Nota
Buying Monero again here
istantanea
Nota
Weekly chart trendline
istantanea
Nota
Bullish 4-hour candle
istantanea
Nota
Weekly chart also shows a beautiful 0.618 retracement complete
istantanea
Nota
Monero having a go at another resistance level. A break & close above should mean another buying opportunity on the pullback/retest. A breakout of the triangle could be a big deal. Waiting patiently

istantanea
istantanea
Nota
I was focused on NFP and the BTC ETF decision on Friday and missed the prime buying opportunity on Monero at support. Now that it's broken out of the triangle I'm watching for a pullback to the trendline/support to buy again. Looks to me like the next big target is 0.014
istantanea
Nota
Breaking above, but still respecting the original structure on the 4-hour chart. Price is not random.
istantanea

Declinazione di responsabilità