🔥 XMR: Waiting For The Perfect Trade

٢٨ نوفمبر ٢٠٢٢

Over the course of 1.5 years, XMR has been trading bearish inside this well-defined bearish channel. All touches on the top resistance have been sold, all touches on the bottom support have been bought.

There's little volatility in XMR ever since the bottom of June 18th (6 months ago), so there's little reason to scout for longer-term entries.

I'm currently in a mode of patience. Set alarms for when the price hits either the resistance or support and wait for the alarm to hit. By then we can decide whether it's a good time to enter or not.

Targets are the middle two dotted trend lines.