Great classic breakout in MONERO here. after consolidating for a couple months.
A lot of charts breaking out now that Bitcoin momentum fever has taken hold.
Long above 92 (breakout candle)
Target old highs at 150
STOP under 86, bottom of pattern
A lot of charts breaking out now that Bitcoin momentum fever has taken hold.
Long above 92 (breakout candle)
Target old highs at 150
STOP under 86, bottom of pattern
Comment:
Well we are under 86, that was my stop, so Im out. We are holding this 80 level which is incredibly important, but it looks like it could crack. On the other hand, we could see bitcoins flowing into monero after the fork in November. There are better charts out there, so I´m just watching this one for the moment.
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