Update For XMR/USD Analysis đđ
Hello traders ,
In the past analysis that I posted for Monero , it was almost successful and finally reached my target and even a little went beyond.(đŻ~ 340%đ°)
so now!
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đTechnical
As you can see on weekly timeframe for XMR/USD , since reaching its major resistance zone ,it has been declining and correcting
so far . but after 6 bullish candle it reached the pivot zone , so today according to bar pattern we are witnessing a new attempt to attack higher price and even reach previous ATH , if only if it be able to maintain the current pivot zone , then it can continue its uptrend . but otherwise it can drop on lower supports.
đresistance level: $258 -268///$486-536
đpivot zone: $217- 226$
âïžsupport levels: $120-130///$60-100///ascending trendline
--------------------------------------------------------------------------------------------------------------------
đThis analysis is my personal opinion ,not a financial advice ,so do your own research.
đ if you're a fan of my analyses PLZ follow me and give a big thumbs đ OR drop comment đŻđ
In the past analysis that I posted for Monero , it was almost successful and finally reached my target and even a little went beyond.(đŻ~ 340%đ°)
so now!
-------------------------------------------------------------------------------------------------------------------
đTechnical
As you can see on weekly timeframe for XMR/USD , since reaching its major resistance zone ,it has been declining and correcting
so far . but after 6 bullish candle it reached the pivot zone , so today according to bar pattern we are witnessing a new attempt to attack higher price and even reach previous ATH , if only if it be able to maintain the current pivot zone , then it can continue its uptrend . but otherwise it can drop on lower supports.
đresistance level: $258 -268///$486-536
đpivot zone: $217- 226$
âïžsupport levels: $120-130///$60-100///ascending trendline
--------------------------------------------------------------------------------------------------------------------
đThis analysis is my personal opinion ,not a financial advice ,so do your own research.
đ if you're a fan of my analyses PLZ follow me and give a big thumbs đ OR drop comment đŻđ
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von RatschlÀgen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.