Short

MONERO retrace to the 200 SMA before next leg up.

Updated

I think XMR takes a trip down to test the 200 at around 7300 sats which also has strong support. Still bullish on this but think we go lower for now.

Note

Target almost reached. Will we find support and bounce from around 7300 sats? I'll be watching closely and will go long from this region if we do find support.

Note

Target hit. What now? BTC possibly looking like it wants lower so this may affect us here. I do expect at least a bounce from here though. A daily close above this region would give me confidence.

Note

Hit target but dropped straight through. Want to see it reclaim before i can be bullish. All eyes on BTC though.

Trade closed: target reached

Closing this as target reached.

Trader_Bean

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