XMRBTC is looking to reverse its downward trend from its all time high. It's already had a good amount of retracement and its on the 61.8% fib retracement level.
Good entry point in my opinion seems like in the .023btc area.
Trade expected to last 3-4 days in my opinion.
Disclaimer:
This is a hypothesis trade that I'm testing on. Do not follow unless you have other confirmations to join in. Listed are two buy zones. Buy 1 is for aggressive trade and Buy 2 is for more conservative. The higher you are in the green box, the more conservative the trade. Listed are three take profit zones. TP 1 is for quick profit and conservative strategy. TP 2 is for middle range and TP 3 is for degenerates. Stop loss zone is also mentioned for safe trading.
Comment
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Please keep in mind again that I'm testing some stuff out in this chart.
Refined a bit.
Trade active
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Please use the edited chart above for reference. Might have to publish that one =.=