Trade Idea: $XMR

Trade Idea: $XMR
Trade Setup
šŸ·ļø Name: Monero
šŸ’  Ticker: $XMR
šŸ“ˆ Direction: Long
šŸŽÆ Entry: $420
šŸŽÆ Target: $1700 or trailing stop
šŸ›‘ Stop Loss: $315
āš–ļø Risk / Reward: 12 : 1
šŸŒŽ Exchange: Kraken or Bybit

Monero (XMR) has a multi-month cup and handle it is attempting to breakout from. Targets are $1700 to as high as $3700 in a blow off scenario. Look for entry on a confirmed daily or weekly close above $420.

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