Watching monero closely for a breakout of a long-term pennant. Movement and a close above 0.0193 signals a possible move to new highs. All indicators hinting towards bullish sentiment with room to run. Watching closely today, and planning to add on any dips.
Trade active:
we got a breakout followed by support at the previous resistance line. now is time to starting thinking about target prices. short term profit looks to be around 0.0208, with a second target price around 0.022. this is likely a longer term move however, so look to add on any dips if you decide to scalp.
Trade closed: target reached:
Some bearish divergence appearing on 5 and 15 min chart (in red below). Trade closed while leaving profit to run. I am planning on buying back in on a dip (hopefully).
Trade closed: target reached:
target price 2 reached, waiting on dip now.
must.. not.. let FOMO take hold...
must.. not.. let FOMO take hold...
Comment:
new analysis
