JJFF21
Long

XMR USD bounce on higher low, best entry ever

BITFINEX:XMRUSD   Monero / U.S. Dollar
We have fundamental context, oscillators are divergent, BTC about to make a move and risk/reward is godlike. If the candle close like this i take the trade.
This is the most bullish alt so it's my pick for a long.

TP at 100 and 120 are mandatory.
Trade active: Sorry guys i did enter few days ago and not updated this thread, my average entry was around 93, i did TP 25% at 100$ and i TP now other 25% at 105.
I'm planning to buy with short Stop at 0.236-0.38 retracement

Good luck
Trade active: Hi guys, took another profit at 133$, i put my stop at 122$ for the rest of the profit, 145$ is my last target in case wave 5 is shorter than we think.
Trade closed: target reached: Trade obviously closed as planned for a massive gain.
Loving this, thanks.
+1 Reply
Nice analysis! If you guys use rsi divergences in your trading, this tg channel might help you.
Bot detects both bearish and bullish rsi divergences in all trading pairs on Binance.
https://t.me/relative_strength_index
+1 Reply
Agreed but I wouldn't take profits even close to that level. I bet if there's a real bounce it's going to unprecedented levels. It's a perfect time to buy with a tight stop though.
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That25RGuy jaronfitz
@jaronfitz, when xmr goes, she goes, though this market is hella tough atm
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