SlavicChartist

XMR/USDT (4H) - Wait for Ideal entry area

Long
BINANCE:XMRUSDT   None
Hi Traders,

Last days we can see huge sell-offs. If you sold the top. Now will come time to increase amount of coins for Corrective wave UP.

Watch marked green zone. Entire move depends on BTC so consider entry at first box (48-46USDT) and use stop-loss.
If we reach a second entry zone, this should be much safer. I will enter llong position with much higher position. At least for é.382 Fib retracement to make some profits.

Also wait for some reversing structure at the end of wave v of (v) like we ad in wave v of (iii).

Have nice day, be patient and take rest with entire market or short some sh@tcoins like XRP :D

Ciao....
Comment:
actually we can see sideways move and hesitation (triangle). SO I expect one more lg down.

This will make a Convergence on RSI 2H-4H wht is our entry signal. But still with Tight stop-loss. ;)

Have a nice profitable day.
Comment:
Trade active:
So finally target reached: But considering behavior of BTC im sill hesitating with long position. In this moment BTC could fall another 10-20% (4,6-5K) area.

So for monero it means price below 30USD.

Be carefull.


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