rjmacarthy

End of XMR ABCD Open Long Position.

Long
rjmacarthy Updated   
POLONIEX:XMRBTC   Monero / Bitcoin
XMR has just ended a large ABCD pattern and has hit long term up trend line from last high.
Comment:
Looks like we bounced off the trend line, holding long here. Daily RSI also looking oversold.
Comment:
Watch out at 0.012 for breakout of triangle.
Comment:
Hit 0.012 no break out likely back down for a short while to test again in next few days. It could go either way after that.
Comment:
Looks like we might break out here, be careful.

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