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 crypto currency with a target at 140.
Monero prediction & analysis XMR/USD on November 18, 2017
Earlier, a strong signal was received for 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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