XMR has been on a bull trend for almost a week now, but we've seemingly broken that bull trend.
However, I personally believe that this will act as a pretty massive bear trap for panic-sellers as we're still well above the support of the new region we've broken into.
NOTE: This is not financial or trading advice. Please take everything you see here with a grain of salt, and make informed decisions when deciding whether to commit yourself to a position or not.
However, I personally believe that this will act as a pretty massive bear trap for panic-sellers as we're still well above the support of the new region we've broken into.
NOTE: This is not financial or trading advice. Please take everything you see here with a grain of salt, and make informed decisions when deciding whether to commit yourself to a position or not.
Comment:
Support line broken. Let's see how the market reacts
Trade closed manually:
LETS GOOOOOOOOOOOOOOOOOOOOOOOOOOO
Looks like the situation where we moon is VERY possible.