Expect Monero to move up above 370 vs Euro Long

Monero / EuroKraken

Description

⋅ Jan 20, 2018 11:07 AM

In line with the expectations for Monero/Dollar anticipate a move above 370 after a retrace below the 300 level.

Given the marketstructure the retrace might even go to 250.

Look for swelling volume as an early indicator or the next wave up.

For now volume is drying up, so expect more downside first.

Comments

dedalo

⋅ Jan 29, 2018 11:38 AM

Sorry, I did not read your comment.
Thank you

dedalo

⋅ Jan 29, 2018 11:36 AM

I could update your idea.
Thank you

dedalo

⋅ Jan 26, 2018 5:32 PM

Could you keep it updated please?

xtrader1

⋅ Jan 27, 2018 1:47 PM

@dedalo, I have exited my position for now. Also with BTC-futures expiry date yesterday (26-1-18)
Also looking at seasonal pattern we see that last week of Januar is bearish for BTC and thus other crypto's since most of the other coins are funded with (profits from) BTC.
Looking to buy back around 150 level, at least after the stops have been run on the 190 and 180 levels.