Technical analysis by MB2020MB2020 about Symbol XMR: Buy recommendation (6/4/2025)

The XMRUSDT 1-hour chart on TradingView shows a promising setup for a buy position. A clear trendline break and retest pattern is visible, with the price breaking above a descending trendline and retesting it as support before moving higher. Additionally, the wave structure supports the bullish outlook, forming an N-wave pattern—a key formation in Ichimoku wave theory—suggesting a strong upward impulse. The combination of the trendline break, retest, Ichimoku cloud confirmation, and N-wave formation makes this a solid setup for a buy position.If you like the analysis, don't forget to like, share, and comment, and I'm looking forward to your constructive feedback!