tradingwithanthony

$XMR short set-up on Poloniex

Short
POLONIEX:XMRBTC   Monero / Bitcoin
Heres my case for a short on $XMR/$BTC Monero a few moments ago. Price testing major resistance, bear trend on a higher time frame, bearish divergence apparent on oscillators. I give this a 55/45 favoring a move to the downside. I could be wrong hence risk management in place with a stop loss above resistance. Targets at support levels and 2:1 r/r ratio. Lets see how this plays out. Not financial advice, trading crypto carries a high degree of risk.
Comment:
Got stopped out on this one

🚀 ENHANCE YOUR TRADING!! 🚀

✅ Join our FREE Telegram for Daily Signals and More Content:
t.me/twa_forex_signals

✅ Linktree:
linktr.ee/tradingwithanthony
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.