XMR - WATCH MONERO AS IT CAN BE AHEAD OF OTHER CRYPTOS
I am short BTC as indicated in the linked idea below, but if wrong at 7200 I will open a LONG to 8000 (where all MA are).
It is very tough to decide a direction for cryptos, volatility decreased dramatically and BB are really narrow on the hourly TF, meaning that the market will pick a direction soon with an "explosion" as only crypto can do.
Today just XMR as of now is showing good upside among top 15 coins. It is also the one that is on the "upper" half of the bollinger band because of a good spike and not by staying stationary while the 21MA being negatively sloped. It is also one of the few reaching the first main resistance.
Every phase has a forward indicator coin, few months ago it was LTC, now it is XMR that will drive all the others?
Let's pay attention to Monero in the following hours/days
It is very tough to decide a direction for cryptos, volatility decreased dramatically and BB are really narrow on the hourly TF, meaning that the market will pick a direction soon with an "explosion" as only crypto can do.
Today just XMR as of now is showing good upside among top 15 coins. It is also the one that is on the "upper" half of the bollinger band because of a good spike and not by staying stationary while the 21MA being negatively sloped. It is also one of the few reaching the first main resistance.
Every phase has a forward indicator coin, few months ago it was LTC, now it is XMR that will drive all the others?
Let's pay attention to Monero in the following hours/days
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Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Related publications
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.
Are you a good trader but you lack the capital?
Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Related publications
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.