optictropic

XMRXBT buy zone

Long
KRAKEN:XMRXBT   Monero / Bitcoin
Looking for XMRXBT to spend about a week in the buy zone.

I just noticed the RSI isn't visible on this graph, but if you take a look, you'll notice the RSI is lower than it was the last two times price visited these areas, and the potential for bullish divergence if price does not make a new low along with the RSI .

XMR's next meteoric rise might be realized as BTC pulls back in the short-term future, seen as either a healthy correction or perhaps more than that (spooky fork-related FUD goes here).
Money pulled out of a correcting BTC may find refuge in alts like XMR, but this is not guaranteed.

Comments