bizmark

XMR triangle breakout

Long
BINANCE:XMRUSDT   None
Please 1st of all click the boost🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.

Have this draw for week or so just didn't post but now is the time I guess! Orange trendline added. Monero broke up this triangle📐 and now still backtesting it's upper edge. I just bought as I think there is chance to reclaim the previously broken triangle lower edge and then the price could surge to 203.5 target and even higher.
  • ENTRY: local high @ 174.2
  • STOPLOSS (SL): local low @ 167.0
  • TARGET (TP): height of the triangle projected from midpoint of the local range @ 203.5
  • REWARD RISK RATIO (RRR): 4.0
  • INVALIDATION: when SL level hit

Check my other stuff in related ideas.

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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.

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