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jamestp96
May 10, 2018 11:09 AM

Monero/USD Short

Monero / DollarBitfinex

Description

Looking to short XMR around this $233 mark as is a resistance level. Recently broke out of downward 'channel'. Expecting a retrace when nearing the resistance level, to retrace and use the top of the 'channel'(for want of a better term) .

Comment

First 'proper' touch of resistance line. Hoping now for a RSI fall and the price to follow suit & follow description above.

Trade closed: target reached

Trade planned out as wanted.
Comments
cameronw210
Got lucky with the bitcoin drop, otherwise would've gone to 4900000USD per XMR
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