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FutureAmericanExpat
25 мар 2022 г., 18:04

XMR in the dangerzone, neutral day 

Monero / TetherKuCoin

Описание

A little accountability from me, as well as a brief run-down of Monero's gradual rise.
Also quickly discussing:
-thoughts on how I place my sells
-thoughts on how I look at the aftermath of a large pump,
----and why Monero has created a nice asymmetric, rising triangle; as opposed to how it could have gone if Monero had continued to pump hard. If it did, we would have had a descending triangle much like ZEC is suffering from in the historic sense right now.

XMR is within a triangle now that could very well break up or down within the next two or so days.
I am still long on all privacy tokens in general; in a historic sense. However, when XMR did not break past it's resistance trend yesterday, it has now gotten itself pinned down under fire from both sides.

Be careful and remember to stay conservative on your stops/sells. I highly recommend staying below a daily or weekly pivot by small margin, as not to get stuck with a bag.
--Especially after all us savvy day traders leave right before the two or so drunk XMR 🐳's, drive a proverbial Hummer through the back door of the party, and everyone scatters. 💥

Сделка активна

HUGE cross about to take place for XMR in the strength index.
This could be it, however I'm thinking we may fall all the way down to the bottom of the channel before our big push!

Сделка закрыта: достигнута тейк-профит цена

Target hit at 207.44
Quick update to XMR. I believe we will continue on this upward channel for a bit.
More to come later..
Комментарии
Merica-Trader
I'm loving it. thank you for your updates!

I'd love to get your opinion of SLP if you get around to it!
FutureAmericanExpat
@michigantss, Sure thing! Let me look into that...
FutureAmericanExpat
As you all can tell, I am figuring out how to do updates and all that as i go along. I have never posted videos of myself charting and trading before so bear with me. However, I believe you all will hopefully like what I have to say!
FutureAmericanExpat


Let's see if we can push through this resistance... otherwise its back down to test at basement level (bottom yellow positive trend line, bottom of channel) ...c'mon Monero you can do it, baby.
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