Based off of historical resistance trends and my applied indicators, it seems intuitive that at Monero vs. Bitcoin will rebound favorably for long positions!
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I'm relatively new to charting. Feel free to chime in and contribute your two cents - seasoned traders and novices alike.!
Trade closed manually
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Long position reached a level I was comfortable with - near a resistance area I had not marked in this chart.
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Fib Stop Reached
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WalkAboutCreek
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Was thinking a 0.0180 buy in, how long do u think this will take to bare down to that, based on last trough should be 4ish hours (0.0191 - 0.0180 was 4hr 45 min) do u think the support is there to get to .0180
Mob_Boss44
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@WalkAboutCreek, it could continue the downtrend until it makes a significant rebound; there is a the fib line @ ~ .0181 that seems like a possible rebound location.