CeoCodes

Monero XMRUSD Suprise Price Action

Short
BITFINEX:XMRUSD   Monero / U.S. Dollar
The news reads "Monero Shoots Up 10%"

Price action on the chart is forming a retrace to the major Psychological level of 150.
For Monero to resume it Bull Ride, we need to see consolidation forming aroun this 150 level before a stronger move up.

PRICE ACTION
Retrace Target intra Day to around 152.50
Consolidation Zone for longer term trading 149-152, will re-assess when we get there.
Comment:

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Not Investment Advice, Trade at your own risk.