JoE
Long

Alts are coming back, look for high R&R enter here.

BITFINEX:XMRUSD   Monero / U.S. Dollar
534 views
6
534 1
Another altcoin chart here, monero has been performing well compared to other coins like ZEC, here we have a super strong support that would make it safe for us to enter long positions.
Also as momentum shifts I think we could see 10%~20% sudden jump easily.
Look for 61.8 fib and potentially full retracement on this one in terms of price target.

#position sizing is very critical, consider your risk tolerance and since the risk is over 10% you should only be trading 10% of your whole capital on this pair to limit your risk to near 1%.

*THIS ISN'T INVESTMENT ADVICE, YOU ARE RESPONSIBLE FOR YOUR OWN TRADE.
Trade active: immediately up 3.7% after posting it here.
Comment: We still need to break $105 to confirm trend change, so don't be too optimistic and keep your stop loss order open.
Trade active: I've underestimated almost everything LOL, crypto is killing it!!!!!!
Trade closed: target reached
great analysis !
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out