MONERO SHORT IDEAin btc pair monero weekly around overbought area for stoch rsi, also as you see in channel we can try short position for upper resisitance area of channel. i believe it could give us good profit.
Xmrbtcshort
XMRBTC DIVEAfter out performing BTC,XMR has finally lost dominance. A Head and shoulder has been formed and the principle of Buying low and Selling high demand that we wait for a pull back/retest before taking up any more short positions.
XMRBTC tecnicaly based forecast
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I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 XMRBTC technicaly based idea, we can see price is bounce from FIBO 0.6 which is in many cases strong support, candels formation good bearish, exepcting hihger bearish market continuation possible till last trend line will update with time.
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#XMR MONERO #LONG - Bearish Butterfly Pattern - Harmonic Pattern#XMR Monero has given point C for a possible Butterfly Pattern (purple) that plays stronger than formed triangle (blue), good for #long. Dropping below 88.6% retracement fib. bookmarked at red will invalidate pattern, so it's a good area to place stop-loss.
After reaching Point D we should see a reversal and the possibility to #short. TP (Take Profit) on the short side would be Point A for a more aggressive approach and Point B for a more conservative one.
Monero XMR 17 % !!Monero Making Expanding Triangle if Price Dropped on the Support Level 0.015800 then we have a Long Position Opportunity.
we Can Place Sell Order 0.018500
Let See , What Will be Next Move.
I hope that Price can fly From Buying zone.
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Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
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