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In this video, I analyze Monero (XMR) on the weekly chart, focusing on current market structure, support and resistance, and how accumulation forms over time.
I explain:
How to identify long-term floors and ceilings
What an accumulation zone looks like and why it feels uncomfortable
Why price often breaks resistance and comes back to test it
How to read wicks, pullbacks, and volume on higher timeframes
Three possible market scenarios without making predictions.
This is not a trading signal and not price forecasting.
The purpose of this video is to slow things down, ignore news and short-term noise, and understand what the chart is showing about market psychology on a weekly timeframe.
Accumulation takes time.
By Ancient WarriorIn this video, I analyze Monero (XMR) on the weekly chart, focusing on current market structure, support and resistance, and how accumulation forms over time.
I explain:
How to identify long-term floors and ceilings
What an accumulation zone looks like and why it feels uncomfortable
Why price often breaks resistance and comes back to test it
How to read wicks, pullbacks, and volume on higher timeframes
Three possible market scenarios without making predictions.
This is not a trading signal and not price forecasting.
The purpose of this video is to slow things down, ignore news and short-term noise, and understand what the chart is showing about market psychology on a weekly timeframe.
Accumulation takes time.