Elliott Wave Analysis TradingLounge Daily Chart,

Monero/ U.S. dollar(XMRUSD)

XMRUSD Elliott Wave Technical Analysis

Function: Counter Trend

Mode: Corrective

Structure: Zigzag

Position: Wave C

Direction Next higher Degrees: Wave (2) of Impulse

Wave Cancel invalid Level: 138.262

Details: Wave C may end and the price of the five-wave Increase in Wave (3)

Monero/ U.S. dollar(XMRUSD)Trading Strategy:

Overall, Monero remains in an uptrend. which the rise of the third wave It is likely to test the 243.44 level, so look for opportunities to join the trend from the correction.

Monero/ U.S. dollar(XMRUSD)Technical Indicators: The price is below the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.

Elliott Wave Analysis TradingLounge H4 Chart

Monero/ U.S. dollar(XMRUSD)

XMRUSD Elliott Wave Technical Analysis

Function: Counter Trend

Mode: Corrective

Structure: Zigzag

Position: Wave C

Direction Next higher Degrees: Wave (2) of Impulse

Wave Cancel invalid Level: 138.262

Details: Wave C may end and the price of the five-wave Increase in Wave (3)

Monero/ U.S. dollar(XMRUSD)Trading Strategy:

Overall, Monero remains in an uptrend. which is the rise of the third wave It is likely to test the 243.44 level, so look for opportunities to join the trend from the correction.

Monero/ U.S. dollar(XMRUSD)Technical Indicators: The price is below the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.

Technical Analyst: Kittiampon Somboonsod

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