CrackingCryptocurrency

Getting close to bottom, prime for tiered buying!

Long
BITTREX:XMRBTC   None
#XMR
TD counts could still complete with continued momentum downward, and MACD/fisher still diverged, but trading below EMAs and the ichi cloud so high, definitely prime for on sale purchasing in plan of impending breakout upward to start trading close to or through that Kumo cloud. CMF dropping a bit again still, bit diverging from pRSI too. Oh, the 8 went away just now on the current doji candle. See how that plays out.

Like al solid crypto projects right now, def lookin tasty to buy these lows if not just for swing quicker money trade, but for rest of year HODL til moon.... IMO, still could complete those TD counts. So I agree with this as a keep watch, or start little buys now, with plan of buying larger trades as price goes lower tho to position yourself with a lower dollar cost average.

Trade active:
Alright, looks like we got our bullish reversal, and currently just completing an upward Sell Setup on the 9. Blasted through R1 target, then R2, and stopped half way to R3 with a current candle wick. This price action is testing the bottom Senkou B line trending downward, with increasing pressure from this slightly widening resistance Kumo Cloud. With MACD trending up and full diverged, Fisher trending up still diverged, CMF topside and building still a bit along with accum/dist, if volumes stays or keep scoming in we may see some continued movement upward. Hope you were able to tier buy the dip before this breakout! We'll check back on this one in a few. Happy Trading!

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