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Monero XMRUSD: Bullish Setup to Catch a Swing Move

Long
Monero (KRAKEN:XMRUSD)  
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KRAKEN:XMRUSD   Monero
Trend Analysis Chart Patterns Wave Analysis monero xmrusd Bitcoin (Cryptocurrency) BTC BTCUSD Cryptocurrency crypto cryptotrading cryptotrader
51
10
trendanalysis chartpattern waveanalysis monero xmrusd bitcoin btc btcusd cryptocurrency crypto cryptotrading cryptotrader
snapshot

XMR dropped nicely to a major daily support cluster.

The price was nicely rejected and now we see a classic bullish accumulation on 4H
with a sequence of equal highs and higher lows.

To catch a bullish continuation, wait for a bullish breakout (4H candle close above) of 227.0 resistance.
Then buy aggressively or on retest.

Your goals will be:
251
272

In case of a formation of a new lower low on 4H, setup will be invalid.
Commento:
Check my new analysis on AUDCAD:
AUDCAD: Classic Trend Following
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