TradingView
JustinCode
Sep 15, 2016 2:09 PM

Bearish Descending Triangle Short

Monero / BitcoinPoloniex

Description

see chart

Comment

Current SRT and XRP pumps may accelerate breakout for XMR

Comment

Breakout sucess, Short term target 0.015 long term target 0.01

Comment

If you missed the entry before, now is good time to set up new short order

Trade active

There is a 50% fib support at 0.0152 but I think we will break it because pressure sell volume pressure is quite high.
Also the old support at 0.0162 has became a new resistance.

Trade closed manually

short term target reached, long term target fail.
Comments
veryevilone
When ETH chart looked like this after it pumped hard it pumped again for another 100%
CoinMajesty
can you show where exactly?
Diea
is this can work with yobit
veryevilone
CoinMajesty
thanks
JustinCode
I would not consider this the same pattern.
JustinCode
I would like to see that too, I think it broke out of the pattern going up not down like XMR did.
More