XMR Rally after retrace?
We broke through then up the 50% fib. Entered the 4h cloud, which is showing a tiny amount of strength. Stoch is heading lower it seems so perhaps more weakness ahead.
I like the R/R on 4hr, the daily is still technically bullish using Ichi. Weekly is a jagged mess that could be read in any number of ways.
Another factor is more bullish action in BTC could put downward pressure on XMR.
Regardless in euro terms we've had consistent strength for at least a couple of weeks since the sell offs. Then would have been the best times to go long truly.
Will stop out on a red HA on the 4hr and daily, if Ichi tells me I'll stay away from XMR.
I like the R/R on 4hr, the daily is still technically bullish using Ichi. Weekly is a jagged mess that could be read in any number of ways.
Another factor is more bullish action in BTC could put downward pressure on XMR.
Regardless in euro terms we've had consistent strength for at least a couple of weeks since the sell offs. Then would have been the best times to go long truly.
Will stop out on a red HA on the 4hr and daily, if Ichi tells me I'll stay away from XMR.
Nota
Looking a little weak, but we are still within the cloud.Operación cerrada: precio stop alcanzado
Stop reached but will be keeping an eye on this crypto going forward.
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.