Im taking Monero long here at 83.22.
Usually it's not prudent to try to catch a falling knife... but sellers are showing signs of short term exhaustion on Bitcoin and Monero. Also, there is a notable bullish divergence on RSI.
I'm doing a small risk trade, risking only $25
Plan for now...
Entry $83.22
Target 1 (40%) $85.68
Target 2 (40%) $88.45
Stop $82.22
Usually it's not prudent to try to catch a falling knife... but sellers are showing signs of short term exhaustion on Bitcoin and Monero. Also, there is a notable bullish divergence on RSI.
I'm doing a small risk trade, risking only $25
Plan for now...
Entry $83.22
Target 1 (40%) $85.68
Target 2 (40%) $88.45
Stop $82.22
Trade active:
If this already started moving before you see the trade...readjust the R to see if it's not too late to enter.
Trade closed: stop reached:
Stopped out on that nasty candle.
I may do the same type of trade...as the RSI still out in a higher low.
I may do the same type of trade...as the RSI still out in a higher low.
