I've been trying to figure out why Monero has looked so good over the past few days but hasn't made any real moves since the last spike. In my last chart I thought it was forming a pennant, but now with more data it looks more like a flagpole and flag pattern.
RSI is strong. Stoch is oversold. Lagging span is way above. Everything looks good. Just need volume. Let's be patient.
P.S: If you want an entry, a custom chart, or any investment advice I am happy to help out (for a small fee). If you're interested, PM me.
I has bought at the top price 0.2436btc, so now I lost alot of money. Should I cut lost or continue to keep it?
SammyNoden
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@luckygirld85, XMRBTC is staying above support at around .0186 BTC, so looks like it is good to hold on to for now. If it drops below this level you could sell and re-enter at a lower price.
goldbug1
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@luckygirld85, Depends if you think it will recover at this point. Always have an exit point and stick with it even if you think otherwise. You are right some of the time, the market is always right. Good luck trading.