$63.25 to $66.45 May be the Peak of This Simple Rally

Monero / Tether USD (POLONIEX:XMRUSDT)

업데이트됨

POLONIEX:XMRUSDT Monero / Tether USD

trendanalysis indicator beyondta

XMRUSDT also appears to potentially be I an ascending channel pattern similar to ADAUSDT and LTCUSDT.

코멘트:

You'll note where I have Phase C and D in this chart implies we find bottom of "support" in late May and we see a "Sign of Strength" with an "Up Thrust" in June. I'm aligning this TA with what I'm seeing in BTCUSD Analysis of a potential Wyckoff Spring occurring in May/June instead of August/September.

코멘트:

Support may end up being around $49.25 but we'll see. My TA could be totally wrong and we continue climbing. But if we do end up turning back down from $63.25 or $66.45, "support" may likely be around $49.25.