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Monero / Bitcoin
Short

Xtreme Mega Rekt

By CoinMajesty
Updated
This is your last chance to SHORT. This H&S will play out as it happened in September 2016 and we'll go all the way down to 0.011. Don't make the mistake I did at that time. I bought at 0.023 in September and became a bagholder until this month. I finally sold at 0.024 and took a very small profit. I did learn TA meanwhile so bagholding was definitely worth it, but very tough. So if you're ready to take that chance and baghold until the next comeback, I wish you good luck in that endeavour.

Comments are more than welcome!
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The big picture

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Last chance! You've been warned!

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Trade active
Hasta la vista, Monero.

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Trade active
Haters gonna hate but I still insist this is going down.

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Trade active
We've reached the top of the right shoulder. Don't forget to SHORT! Monero to get rekt from now on.

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XMRUSDT also ready to plunge

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Trade active
Nicely dumping!

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Trade active
XMR still getting REKT. If you haven't jumped out of this ship yet, I strongly recommend you to do it now!

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XMRUSDT it's heading there even faster!

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Yep, Monero finally went down in a Head and Shoulders pattern. Not exactly the one I portrayed, but a very similar one. I just had to put the right shoulder a bit higher.

Anyways, I'm about to close this trade, although I'm going to open a new one with a clearer vision of what awaits for Monero in the following weeks. Expect it in the following two days.
Trade closed: target reached
I have created a better version of this chart here:

Xtremely Mega Rekt: The Downfall


Thank you for following up to this!

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BTCCNYBTCEURBTCUSDETHETHBTCETHUSDTXMRBTCXMREURxmrusdXMRUSDT
CoinMajesty
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