Long
XMR: Breakout Alert vs. USD and BTC!
XMR, the top anonymity coin has sustained a breakout from its downward channel with USD and BTC.
We target a 50% fibonacci retracement from its end of April high. Use small leverage and capital. BTC is hovering along the edge zone of a downward channel, and a small movement in BTC could impact the price of XMR substantially.
Buy: 120-125
Target 1: 135 (11.25%/8%)
Target 2: 156 (30%/24.8%)
Target 3: 178 (48%/42.4%)
Target 4: 205 (70.8%/64%)
Stoploss: 105 (-12.5%/-16%)
We target a 50% fibonacci retracement from its end of April high. Use small leverage and capital. BTC is hovering along the edge zone of a downward channel, and a small movement in BTC could impact the price of XMR substantially.
Buy: 120-125
Target 1: 135 (11.25%/8%)
Target 2: 156 (30%/24.8%)
Target 3: 178 (48%/42.4%)
Target 4: 205 (70.8%/64%)
Stoploss: 105 (-12.5%/-16%)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.