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Godly
Jul 14, 2017 7:44 AM

Monero is slipping [Market Geometry/EW] Short

Monero / Tether USDPoloniex

Description

Looks like XMRUSDT could be facing the same dilemma as a lot of the other altcoins; although it is proving a bit stronger compared to a numerous amount of other coins; it might not be enough. For a safe short, wait for a close below the white line with breaks in it or a bounce off of the cyan line and through the white line with breaks in it. For a safe long, wait for the price action to close above the cyan line.

Buy: $35.63
Sell: $33.2, $11.6
Stop/Loss: $41.5/$39.8
Timeframe: Approximately 1 week to 2 months

Trade closed: target reached

Take profit reached.

Trade active

Enter yet another short position at the green box marked.

Trade active

Uptrend broken
Comments
Bull4Life
Btc Terms please we on polo...
Godly
@DanielBela, haha so used to doing it in USD but next ones will be in BTC friend.
Bull4Life
@Godly, You the best ! See you On The MOON
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