XMRBNB Neutral with Short Bias
1. XMR/BNB 4-hour chart.
- A descending triangle has formed. Not a good sign. Bearish sign.
- But on RSI, we are seeing higher low. Good sign.
2. XMR/USD 4-hour.
- A descending triangle has formed. Not a good sign. Bearish sign.
- But considering we are in bull market, this descending triangle has less impact.
3. Historically XMR/BNB has strong support at 3.2. If that doesn't hold, the next support is 2.8 (-12.5%)
IMO,
- the near future outlook for XMR/USD isn't bad.
- Just that the likely hood of BNB overpacing XMR is higher.
- A descending triangle has formed. Not a good sign. Bearish sign.
- But on RSI, we are seeing higher low. Good sign.
2. XMR/USD 4-hour.
- A descending triangle has formed. Not a good sign. Bearish sign.
- But considering we are in bull market, this descending triangle has less impact.
3. Historically XMR/BNB has strong support at 3.2. If that doesn't hold, the next support is 2.8 (-12.5%)
IMO,
- the near future outlook for XMR/USD isn't bad.
- Just that the likely hood of BNB overpacing XMR is higher.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.