CoinMajesty

Monero: still going down

Short
CoinMajesty Updated   
POLONIEX:XMRBTC   Monero / Bitcoin
I personally believe this coin is going down under, to 0.012-0.013 as I've stated in my previous posts. Fractal logic and fibs don't lie, so we'll be getting to that number at some point. I have improved the chart so let's see how this plays out in the upcoming weeks.

Weekly also looks set up for it:


Good luck!

Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting updates as I have been doing in my previous posts. If you earn good profits, please donate some to keep me motivated! You can find more info at my signature.
Trade active:
XMR is hitting some support. Could go up but I still think the general trend is to go down.

Trade closed manually:
I think this is it for now. I expect a bounce in the following days so if you opened a short position I'd recommend to close it now. The profits would have been 9.3%.
Comment:

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