long monero
i made this chart a while ago and took a look at it today.
we have two options
1. head and shoulders reversal
2. correction until longterm trendline
currently we have good buy support on the right shoulder so it´s worth a try with a tight stop below the head line @ 0.015. This is only -3%
if btc does some crazy 10% upside move it might break to the lower point where we should enter again
we have two options
1. head and shoulders reversal
2. correction until longterm trendline
currently we have good buy support on the right shoulder so it´s worth a try with a tight stop below the head line @ 0.015. This is only -3%
if btc does some crazy 10% upside move it might break to the lower point where we should enter again
Note
wow it didnt took long for BTC to do crazy moves. i exited this trade
Note
too bad support held. it wasnt necessary to sell it. i´m back in that tradeNote
trend is turning green
Note
after we break the neckline it should pull back. that´s were we will buy the dip and sell it on the neckline again to reduce our base priceNote
i decided to stay in monero for the longer term.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.