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CoinMajesty
Nov 24, 2016 10:38 AM

XMR long oportunity Long

Monero / BitcoinPoloniex

Description

- Inverted h&s
- There is a strong inverted correlation between XMR and BTC. I think BTC is about to break down to $670-690. This will definetely pump xmr to monthly highs.

I expect it to pull back very quickly so better short around 0.014 - 0.015 and long again around 0.012

(i'm a noob)

Comments
TahirKhan2a
I knew about this but kept quiet :P
skip123
I'm new to tradingview and trading language.You said " short around 0.014 - 0.015 and long again around 0.012". What price are you saying to sell at? I don't really understand shorting and longing. Thank you very much.
CoinMajesty
@skip123, Short is pretty much sell some/all of what you've got and long means buy more of what you already have
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