hwph
Long

XMR Late Bloomer

BITFINEX:XMRBTC   Monero / Bitcoin
Description: Altcoins that aren't dead crashing up to november levels, fluffypony is too rich to let BITFINEX:XMRBTC die.
Timeframe This week.
Indicators used: Fractals, support, and resistance.
Shout out to: The Drug War, Richard Mille
Trade active:
pretty normal bullish continuation patterns
Trade active:
200 day sma breakout and retest. Low volume retests pretty standard across the board so im not really concerned considering we just yeeted into htf extremely bullish territory.
Trade active: if you arent in already, this is your opportunity.
Trade active: cucked by btc lmao should have longed xmrusd, will figure out what to do in a bit
Comment: full retrace of the rally but climbing back up, will wait to see if i wanna stay in or not
Trade active: Letting it ride
Comment: looks like dog shit now, set a stop at 12435 in case of emergency. waiting for weekly and watching zcash horizontal support closely.
Comment: Removed stop, new range formed, reduced position size
Comment: yeeted through range but now at previous lows, perfectly in line with my pretty green box so i guess im obligated to bring back original position size. new stop below nov 17 lows.
Comment: also fuck stops amirite?
Trade closed manually

200 day sma breakout and retest. Low volume retests pretty standard across the board so im not really concerned considering we just yeeted into htf extremely bullish territory.
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