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XMRUSDT is creating an ascending channel

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BINANCE:XMRUSDT   None
XMRUSDT is creating a descending channel on the daily timeframe.
On the 4h timeframe the price is creating an ascending channel inside it.

The price is above the weekly support on 185$.
How to approach on it?
IF the price is going to lose the support, According to Plancton's strategy, we can set a nice order
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Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Komen:
the price bounced exactly on the daily support.
Bearish if the price is going to lose it
Komen:
The setup is still valid.
The price needs to create a new breakout from the 4h support
Komen:
The price created a double top on 208$ and now the market is testing important support on 180$.
waiting for the breakout
Komen:
15% after a double top
Komen:
Amazing trade here.MTB and 24% so far
Komen:
the price had a breakout from the weekly and retested it.
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.