HITBTC:XMRBTC   Monero / Bitcoin
1156 6 15
Long Monero after 2month of consolidation. Take partial profits at 0.013X to reduce risk.
Timeframes could be different.
first target reached (+20%), partial profit taken, so that stop loss is break even.
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I dont see this going down to the lower line anymore, more likely xmr will continue its rise. Old resistance should turn into support here.
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snapshot

Updated chart.
There is a tough battle for the teal line, the ma50 and maybe also the old resistance line (yellow). When it holds 0.0019 should be no problem.

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ma150
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trade closed, target reached.
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snapshot


Interesting moving average cross for monero. MA15 X MA200, MA50 X MA200 Golden cross on the way. 4h EMA50 breakout. I took a small position back in.
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