xxxwhitevaderxxx

Will XMR run this weekend? Monero looks good!

Long
POLONIEX:XMRBTC   Monero / Bitcoin
Zooming out, make sure to look at the weekly, daily and 4 hour chart before looking at the details on this 30 min chart. The uptrend will continue.....
You will see that the trend is your friend. XMR is set to run this weekend.... I am looking,waiting to see if the 50 day average is going to hold support. I think it does here and the channel becomes valid. The trend is our friend. No need to rush a buy, It will go all weekend long if Bitcoin continues sideways and or down a little. And I think it does. Bitcoin has had 7 days up in a row. Awesome run, but IMO we will need a day or two of calm action. Not necessarily a downward swing, but calm sideways action is possible as well so the moving averages can catch up. Of course I could be completely wrong and Bitcoin may turn up to 20k by Sunday. Never the less, this is My Monero Plan this weekend so far. Updates to come. Comment If you wish. I appreciate your taking the time to look me up. Best wishes to you all, trade safe out there. xxwhitevaderxx
Trade active
Trade active: A possible entry here. Trade at your own risk. Set your stops. Lets ride. x
Trade active: Happy Sunday! This support may hold from overnight. Stop has been moved up. No risk. Best of Luck whatever you decide. xx
Trade closed: stop reached

Comments

Homie nailed it. Rounded observation. Good call.
Reply
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