Monero has tested several times resistance on the $47 region.
for long-term positions. A close above resistance, will lead to an immediate target of $52
However, price has been in range between major support and resistance zones for over a month.
Moreover, there seems to be a timecycle we might take advantage for some trades. Bands in red and green are very narrow, to avoid risk.
ATR is low, market on downtrend. Wait for a bounce back up around the cycle, and confirm with RSI, candle pattern and DMI.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
for long-term positions. A close above resistance, will lead to an immediate target of $52
However, price has been in range between major support and resistance zones for over a month.
Moreover, there seems to be a timecycle we might take advantage for some trades. Bands in red and green are very narrow, to avoid risk.
ATR is low, market on downtrend. Wait for a bounce back up around the cycle, and confirm with RSI, candle pattern and DMI.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。