XMR's TA has been pretty formulaic for the last couple weeks. predicting a fall through this head and shoulders.
Trade closed manually
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took some profits around 90, reshorted when it bounced off 110, closed with a profit on this last leg down.
Comments
The_Blind_Dog
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wrecked..... lulz
bccog
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@The_Blind_Dog, took some profits around 90, reshorted around 110 with some tight stops. just closed that short
TahirKhan2a
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If btc is going to $720, get ready to be liquidated. These charts are of no use because XMR depends on whales and whales look for profit and if btc goes down, they want to get into xmr for profit.
bccog
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@TahirKhan2a, it's been downtrending despite heavy buy side. also, good luck being bearish on btc.