BINANCE:XMRUSDT.P   Monero / TetherUS PERPETUAL CONTRACT
Hi,

Here is a possible long trade for XMR on the 4H. Maybe...

An ascending triangle has formed. With a lower highs and nearly flat top.

On the 1H, the RSI is above 50. it has bounce on it recently (06.07.2021, 01h00).
On the 4H, the RSI is also above 50. Relatively neutral. I see higher high and lower high on the RSI (Maybe it is a sign of bullishness)

Stoch is also bullish on the 4H, just cross up.

I think it can be a possibility to buy around the trend line, joining the lows.

This is not financial advise.

Kommentar:
Re draw of the base trend line on the 4H.
similar setup for a long :
Haftungsausschluss

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