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.(ðŊ~ 340%ð°)
so now!
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ðTechnical
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.
ðresistance level: $258 -268///$486-536
ðpivot zone: $217- 226$
âïļsupport levels: $120-130///$60-100///ascending trendline
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ðThis analysis is my personal opinion ,not a financial advice ,so do your own research.
ð if you're a fan of my analyses PLZ follow me and give a big thumbs ð OR drop comment ðŊð
In the past analysis that I posted for Monero , it was almost successful and finally reached my target and even a little went beyond.(ðŊ~ 340%ð°)
so now!
-------------------------------------------------------------------------------------------------------------------
ðTechnical
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.
ðresistance level: $258 -268///$486-536
ðpivot zone: $217- 226$
âïļsupport levels: $120-130///$60-100///ascending trendline
--------------------------------------------------------------------------------------------------------------------
ðThis analysis is my personal opinion ,not a financial advice ,so do your own research.
ð if you're a fan of my analyses PLZ follow me and give a big thumbs ð OR drop comment ðŊð
