XMR/BTC: I smell an uptrendGreen X: Candlesticks are inching higher than the respective hulls MA: Nice golden cross indicated by KIA's Hull MA! Black line indicates theat the previous dipping was a fakeout
Green Smiley: Encouraging green volume
MACD: Crossover
I smell an uptrend for XMR. Conservative traders can wait for the candle to close above the HMA 55(Blue Line)
AS USUAL, aim for 10-30% profits.
1. Set stop loss(Stop limit SELL) at 90% of your entry price
2. Use blockfolio/delta/trading view to set alert to the following targets(Note: you can adjust target prices and % to sell according to your risk appetite):
Target 1: IE when price reaches 105% of your entry price, sell 30% of what you bought
Target 2: IE when price reaches 110% of your entry price, sell 30% of what you bought
Target 3: IE when price reaches 115% of your entry price, sell 30% of what you bought
Remainder: Open target. Set trailing stop loss(Stop limit SELL at 5-10% below market prices) and let ride/sell when comfortable