Short
XMRUSD ❕ upward channel
XMR continues to maintain bullish sentiment and reasoning, but the asset is overbought on small and large timeframes.
The price has approached the upper boundary of the upward channel.
I expect a correction and sideways movement before the next impulse.
The price has approached the upper boundary of the upward channel.
I expect a correction and sideways movement before the next impulse.
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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.