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UnknownUnicorn2239932
Jun 22, 2019 8:56 AM

XMr Breaks Out of a Bull Flag 

BITFINEX:XMRUSD1D
Monero / DollarBitfinex

Description

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  • The length of the breakout is on its way to equaling the legnth of the bull flag's pole.
  • XMR at 1 on the Fib, which can act as resistance.
  • RSI is overheated
  • MACD is bullish
  • I am going to buy the dips as close to 0.5 as possible.
  • Target $150
  • Stop $81


Cheers!

I am not a financial advisor, and this is not financial advice. Please do your own research.

Comment

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The length of the flag pole did give some buyers the confidence to skim above the 1. Fib before a slight breather.
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