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A lot of leverage for an upside move
Monero / Bitcoin
Long
A lot of leverage for an upside move
By ZenTrader111
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Feb 7, 2020
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Feb 7, 2020
XMR-BTC is showing the same pattern as ETH-BTC, the price is looking like it will close above the Alligator at 0.0079999 this week.
The most recent fractal above the Alligator is 0.032! Meaning there's high leverage for an upside move, could be slow could be quick.
First target is the point of contorl at 0.016 - roughly double the current price.
Technical Indicators
monero
Trend Analysis
xmr-btc
ZenTrader111
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ETH-BTC Above Weekly Alligator: First Time Since June 2018
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