XMRBTC ANALYSIS:
XMR has broken below the major moving averages and faces a small triangle. Typical triangles, such as the ones in this chart, can easily swing either way. Therefore, its best to wait for further confirmation. In this case, there is new resistance band at 200MA in the red box near 7100 sats. Its possible to see a quick wick up the resistance, where it is then rejected back down to support. Look to stagger short bids up to short term resistance block. The key profit points are T1 at 6860 sats, T2 at 6660 sats, and T3 at 6420 sats. There shows a heavy line of support and buyers near the support and I expect this to hold well. Signal is invalidated if XMR pumps above short term resistance.
Possible Short Entries: 6950-7150 sats
XMR has broken below the major moving averages and faces a small triangle. Typical triangles, such as the ones in this chart, can easily swing either way. Therefore, its best to wait for further confirmation. In this case, there is new resistance band at 200MA in the red box near 7100 sats. Its possible to see a quick wick up the resistance, where it is then rejected back down to support. Look to stagger short bids up to short term resistance block. The key profit points are T1 at 6860 sats, T2 at 6660 sats, and T3 at 6420 sats. There shows a heavy line of support and buyers near the support and I expect this to hold well. Signal is invalidated if XMR pumps above short term resistance.
Possible Short Entries: 6950-7150 sats
Trade closed: target reached:
WIN!
XMR/BTC SHORT Hit Target 1!
+1.37% Profit.
XMR/BTC SHORT Hit Target 1!
+1.37% Profit.
Trade closed: target reached:
WIN!
XMR/BTC SHORT Hit Target 2!
+4.24% Profit.
XMR/BTC SHORT Hit Target 2!
+4.24% Profit.
Trade closed: target reached:
WIN!
XMR/BTC SHORT Hit Target 3!
+7.69% Profit!
Nicee
XMR/BTC SHORT Hit Target 3!
+7.69% Profit!
Nicee