XMR has been very quiet lately, the coin seems to be inside of a rising wedge, and its movement seems to be inside two upward channels, the big one might be able to reach with some positive news regarding the coin, the tiny one seems able to be reach within days if the coin keeps repeating its ups and down so my strategy is the following: entry at 21,1 take profit at 24,8$ (17% increase) and stoploss on 19$ for a risk ratio of 2:1 approx. Please comment your opinions good or bad, and if you have any suggestion for another coin with probable break out, ill be more than happy to hear about it
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Seems like the breakout finally happened, but damn It was a crappy decision anyways because eth, etc, and nxt all of them gave out a bigger profit.
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trade closed at 24,7 USDT thank you XMR for everything :)