Monero XMRUSD: When to Buy
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.