Long
XMRUSD ❕ held the uptrend line
XMR exited the downward channel, formed an uptrend line and formed a bullish takeover.
Price has fixed above 50EMA (4H TF)
50EMA has broken up 200EMA (1H TF)
The RSI chart is moving in a buy zone (4H, 1H and 30m TFs)
I believe the asset may continue to rise after fixing above the resistance level.
Price has fixed above 50EMA (4H TF)
50EMA has broken up 200EMA (1H TF)
The RSI chart is moving in a buy zone (4H, 1H and 30m TFs)
I believe the asset may continue to rise after fixing above the resistance level.
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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.