Watching monero closely for a breakout of a long-term pennant. Movement and a close above 0.0193 signals a possible move to new highs. All indicators hinting towards bullish sentiment with room to run. Watching closely today, and planning to add on any dips.
Trade active
we got a breakout followed by support at the previous resistance line. now is time to starting thinking about target prices. short term profit looks to be around 0.0208, with a second target price around 0.022. this is likely a longer term move however, so look to add on any dips if you decide to scalp. Trade closed: target reached
Some bearish divergence appearing on 5 and 15 min chart (in red below). Trade closed while leaving profit to run. I am planning on buying back in on a dip (hopefully).Trade closed: target reached
target price 2 reached, waiting on dip now.must.. not.. let FOMO take hold...
Note
new analysis
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.