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angelsmfg
Oct 12, 2018 12:58 PM

MONERO GANN FAN Long

Monero / DollarBitfinex

Description

MONERO is like my chart of BTC and hasn't fallen from the Gann Fan line yet and still holding strong. If ever it will reach the last line of the fan it's around 89 and it BTC thinking that if BTC will fall up to 6K or 5,900 Monero might reach around 68 or 69. So far BTC is last gann fan line is acting as a strong support. If it will break I'm looking at the base of around 5,700 if it breaks 6K and for Monero around

Comment

Monero reached the higher trend line of the small channel. if it will follow the channel, it might reach the lower line( green line) but also watch out for supports.

Trade closed: target reached

it reached the lower line
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