Long
XMR possibly finding a new trend soon
Looking at the 4H chart, XMR just broke into a major structure area which has resulted in huge price bounces in the past. This major resistance level also shows a bullish hidden divergence within the RSI indicator as well as a double bottom.
Entry - around 0.00620 after price action has broke the the falling trend line.
Stop Loss - 0.00560
T1 - 0.00789
3:1 Risk ratio
Entry - around 0.00620 after price action has broke the the falling trend line.
Stop Loss - 0.00560
T1 - 0.00789
3:1 Risk ratio
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