Short
XMR - 18 month falling channel
Since its massive drop in May 2021, Monero has been grinding downwards in a well defined channel.
My current bias is that we should still see at least one more leg down ("higher probability" scenario on the chart).
A break of the mid-channel line could give bulls hope for a test of the top of the channel.
For now, I´m looking for short trade opportunities.
My current bias is that we should still see at least one more leg down ("higher probability" scenario on the chart).
A break of the mid-channel line could give bulls hope for a test of the top of the channel.
For now, I´m looking for short trade opportunities.
📈 Experienced Crypto trader
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🧠 Trading psychology hacks
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👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
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Disclaimer
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📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
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.