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WyckoffMode
Jan 5, 2017 2:02 PM

XMR USD going down for people selling to buy more BTC Short

Monero / Tether USDPoloniex

Description

Could buy it low in USD IF YOU HAVE USD and sell the XMR for BTC if it's still at a good price in BTC

Just saying... Worth a look.

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Here's XMR BTC currently

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No movement with XMRBTC

Still the same

Something is in play. For sure.

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Or, If you would rather hold your USD and wait to see if you can buy BTC with USD on a potential dip.

Your choice. Hard to say at the moment.

I'm definitely going to LEARN from this for sure.

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By the way, this idea was for those interested in making up for missing a short with BTCUSD.
Comments
TahirKhan2a
I made 1K in a day same like this but lost 1.1k after the market reversed, better to analyse than to tap sell/buy button and panic.
TahirKhan2a
@TahirKhan2a, This is a long liquidation, the bears wanted this to happen and they achieved this.
TahirKhan2a
It is actually not what you are thinking, they are adjusting it with there btc price, which is $15.
WyckoffMode
@TahirKhan2a, Trying to figure it out.
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