JoE
Long

XMR Monero a quick inverse H&S long.

BITFINEX:XMRBTC   Monero / Bitcoin
*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY***
We just noticed abnormal trading volume increase on Bithumb. You can check it yourself on coinmarketcap.
Technically we are seeing an inverse head and shoulders chart pattern on 1D chart, which gives us 42% potential risking only 6%, the risk/reward is pretty amazing here.
We purchased a new self-made indicator yesterday to better visualize whale accumulation, the indicator is also showing bullish .
The only problem here is the lack of liquidity is preventing me to trade heavily on it. We'll collect as much as we can before breakout.
Nice find mate. Hope the right shoulder is deep enough.
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