Oscillator MACD and RSI are at the bottom and ready to go up. The RSI did the cross. And ADX confirms that bears are becoming weaker.
I noticed a bullish divergence. Also, the price on the chart recently rebounded from the Fibonacci level 0, and most likely will move in the coming days to a level of 0.236.
If we add here the wave analysis, we will see that we are on the correction of the ABC after the fall.
If everything goes according to my analysis, we will probably reach the level of 0.382 Fibonacci, the price of the monero at which will be 0.02 BTC.
In the 0-0.23 Fibonacci area, you can also notice an upside-down "head and shoulders" figure, the of which is yet to be formed.
Buy 0.012
Stoploss 0.01
takeprofit 0.0166-0.02
here you can see my idea https://www.tradingview.com/chart/XMRBTC/tlLs87c0-Monero-buy/