Monero XMRUSD: When to Buy

Hey traders,

I already have a long position on Monero.
The first long was opened at the end of February.

Now I am looking for opportunities to add more to my position.

XMR is currently trading within a horizontal trading range.

I am waiting for its bullish breakout (8H candle close above) to buy.

Taking into consideration that the market is trading in a strong bullish trend,
chances will be high to see a continuation all the way up to the current structure high.

Remember, that in case of a bearish breakout of the range, setup will be invalid.

تعليق:

Check my new idea on EURGBP: