Monero XMRUSD insight analysis for November 18, 2017
- Monero XMRUSD is traded at level 120.
- Signals indicate the presence of a bullish trend for Monero
- Earlier, a strong signal was received to buy Monero
Log chart,accurately showing the bottom. TP at middle line, depending on hype/news/btc
Monero XMRUSD insight
CURRENCY TRADERS Monero XMRUSD insight Monero XMR/USD is traded at level 120. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Monero. Ichimoku Kinko Hyo Cloud near the level 118 is expected to be tested near the level 118, from which it is expected to rebound and continue the growth of the cryptocurrency with a target at 140.
Earlier, a strong signal was received for the buy of the Monero cryptocurrency, by crossing the signal lines at level 120. Cancellation of the variant of the growth of quotations Monero there will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below area 110, which will indicate the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations XMR/USD stands with the breakdown of the upper limit of the model «Triangle» and closing above the level of 125.
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