XMR is heading to 160$ zone after a strong dump from 170$ to 130$. What we need to be aware of is that yesterday's 1D candle volume is stronger than previous strong dump and closes above the MA50, which is a sign of strong buying pressure at 130$ zone.
We need to watch 160$ zone because I think it will breakout and move up to 220$ zone
However, if the XMR loses this 125$ area, it will fall back to 110$ to retest the MA200, where there will be some recovery, but I think the situation will be pretty bad for the future.
📅NEWS
15-1 : Bittrex Global Delisting
📈BUY
-Buy close to : 125-130$. SL if B
-Buy : 160-165$ if A. SL if B
📉SELL
-Sell: 220-230$. SL if A
♻️BACK-UP
-Sell: 125-130$ if B, SL if A
-Buy : 105-110$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
We need to watch 160$ zone because I think it will breakout and move up to 220$ zone
However, if the XMR loses this 125$ area, it will fall back to 110$ to retest the MA200, where there will be some recovery, but I think the situation will be pretty bad for the future.
📅NEWS
15-1 : Bittrex Global Delisting
📈BUY
-Buy close to : 125-130$. SL if B
-Buy : 160-165$ if A. SL if B
📉SELL
-Sell: 220-230$. SL if A
♻️BACK-UP
-Sell: 125-130$ if B, SL if A
-Buy : 105-110$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
