Long
Is the All Time High Retracement over for XMR?
XMRBTC is looking to reverse its downward trend from its all time high. It's already had a good amount of retracement and its on the 61.8% fib retracement level.
Good entry point in my opinion seems like in the .023btc area.
Trade expected to last 3-4 days in my opinion.
Disclaimer:
This is a hypothesis trade that I'm testing on. Do not follow unless you have other confirmations to join in.
Listed are two buy zones. Buy 1 is for aggressive trade and Buy 2 is for more conservative. The higher you are in the green box, the more conservative the trade.
Listed are three take profit zones. TP 1 is for quick profit and conservative strategy. TP 2 is for middle range and TP 3 is for degenerates.
Stop loss zone is also mentioned for safe trading.
Good entry point in my opinion seems like in the .023btc area.
Trade expected to last 3-4 days in my opinion.
Disclaimer:
This is a hypothesis trade that I'm testing on. Do not follow unless you have other confirmations to join in.
Listed are two buy zones. Buy 1 is for aggressive trade and Buy 2 is for more conservative. The higher you are in the green box, the more conservative the trade.
Listed are three take profit zones. TP 1 is for quick profit and conservative strategy. TP 2 is for middle range and TP 3 is for degenerates.
Stop loss zone is also mentioned for safe trading.
Note
Please keep in mind again that I'm testing some stuff out in this chart.Refined a bit.
Trade active
Please use the edited chart above for reference. Might have to publish that one =.=Trade closed manually
Symmetrical triangle formed. No reversal.
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.
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.