ZenTrader111

A lot of leverage for an upside move

Long
POLONIEX:XMRBTC   Monero / Bitcoin
XMR-BTC is showing the same pattern as ETH-BTC, the price is looking like it will close above the Alligator at 0.0079999 this week.

The most recent fractal above the Alligator is 0.032! Meaning there's high leverage for an upside move, could be slow could be quick.

First target is the point of contorl at 0.016 - roughly double the current price.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.