Living in The European Union and holding some cash, I like to diversify.
Should the Silver market reverse who knows what could happen...
Not that I'm pointing out too strong DXY or #trumpregrets
Maybe, just MAYBE, this could be the beginning of a reversal of sorts, so let's wait and see if the price manages to consolidate above the broken trend line.
It's just impossible to keep inflating the stock market infinitely.
Monero has completed a patter and it will surely look for something else to do. Even though I'm slightly biased towards downside, let's follow the trend once it's established.
Looking back at the 47 day range before the last run-up, there is clearly a pattern to creating a new high. We could see something around 825-920€ if this goes something like the last time.
I wish to buy around 525€
Maybe anotber leg up?
If RSI manages to break out of the oversold area, I would consider shorting.
first targer: 0.144
second target: 0.0073
Did it come too high?
This might be a shorting opportunity