Hi all! New to this, just trying to publish some (very) amateur TA thoughts and review/reflect in a couple of days/weeks. My thoughts for XMRBTC as follows:
- Potential E2E trade on the 4HR Ichimoku Cloud.
- This could also make for a breakout of the current trendline, likely around 0.016.
- Bullish TK Cross ~1 day ago.
- Bottomed out on the StochRSI (4HR).
- If we zoom out, we can see that it has a tendency to retrace to the 0.5 Fib on the daily. I expect this to happen should we pass the 0.236 Fib level.
- Very strong buy side.
Taking a long position on XMRBTC and going to see if this plays out. Any feedback would be appreciated :)
- Potential E2E trade on the 4HR Ichimoku Cloud.
- This could also make for a breakout of the current trendline, likely around 0.016.
- Bullish TK Cross ~1 day ago.
- Bottomed out on the StochRSI (4HR).
- If we zoom out, we can see that it has a tendency to retrace to the 0.5 Fib on the daily. I expect this to happen should we pass the 0.236 Fib level.
- Very strong buy side.
Taking a long position on XMRBTC and going to see if this plays out. Any feedback would be appreciated :)