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Monero XMRUSD: Bullish Setup to Catch a Swing Move

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Monero (KRAKEN:XMRUSD)  
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KRAKEN:XMRUSD   Monero
Trend Analysis Chart Patterns Wave Analysis monero xmrusd Bitcoin (Cryptocurrency) BTC BTCUSD Cryptocurrency crypto cryptotrading cryptotrader
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trendanalysis chartpattern waveanalysis monero xmrusd bitcoin btc btcusd cryptocurrency crypto cryptotrading cryptotrader
snapshot

XMR dropped nicely to a major daily support cluster.

The price was nicely rejected and now we see a classic bullish accumulation on 4H
with a sequence of equal highs and higher lows.

To catch a bullish continuation, wait for a bullish breakout (4H candle close above) of 227.0 resistance.
Then buy aggressively or on retest.

Your goals will be:
251
272

In case of a formation of a new lower low on 4H, setup will be invalid.
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