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XMR/BTC possible re-entry

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The setup: A possible reentry has showed itself for XMR. For detailed analysis please see previous XMR breakdown
XMR Monero Update

Crazy XMR Trade 11-1 Risk Reward Ratio


After closing our position due to uncertainty, XMR downtrend has reversed on the .236 and rallied above our previous target 1 again. Currently it is in falling wedge(Bullish). We look for reversal and breakout of the wedge around the .382 reversal fib. The market is likely to retest the fib and we look here for it to continue uptrend. The fact that we have maintained the position above .382 for 3 days is another bullish sign.
We look to place order at .0187 - .183 with 5% of our total balance.
Stop is placed at .016656
Target 1 = .0228 (previous target 2)
Target 2 = .0260
Target 3 = .03
Dagangan aktif
Dagangan ditutup secara manual
Nota
closed at 0.01752

Penafian

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