Long
MONERO: Bullish Divergence & Swing Position Entry?
Monero has been moving sideways in a 30% equilibrium pattern since December 2018.
This price movement is abnormal compared with other ALT Coin price actions since the beginning of the 2018 Bear Market.
We are beginning to see Bullish Divergence on the RSI. The RSI is currently in the 40 range and beginning to move upwards.
There could be a Bullish trade on the table.
Of course, all Alts move in accordance with BTC. BTC health status should ALWAYS be your primary indicator before entering positions.
This price movement is abnormal compared with other ALT Coin price actions since the beginning of the 2018 Bear Market.
We are beginning to see Bullish Divergence on the RSI. The RSI is currently in the 40 range and beginning to move upwards.
There could be a Bullish trade on the table.
Of course, all Alts move in accordance with BTC. BTC health status should ALWAYS be your primary indicator before entering positions.
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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.