i made this chart a while ago and took a look at it today.
we have two options
1. head and shoulders reversal
2. correction until longterm trendline
currently we have good buy support on the right shoulder so it´s worth a try with a tight stop below the head line @ 0.015. This is only -3%
if btc does some crazy 10% upside move it might break to the lower point where we should enter again
we have two options
1. head and shoulders reversal
2. correction until longterm trendline
currently we have good buy support on the right shoulder so it´s worth a try with a tight stop below the head line @ 0.015. This is only -3%
if btc does some crazy 10% upside move it might break to the lower point where we should enter again
Comment:
too bad support held. it wasnt necessary to sell it. i´m back in that trade
Comment:
trend is turning green
trend is turning green
Comment:
after we break the neckline it should pull back. that´s were we will buy the dip and sell it on the neckline again to reduce our base price
Comment:
i decided to stay in monero for the longer term.
i exited this trade