Monero looks good today. Spiked up with good volume and corrected appropriately. Correction is holding at 0.5 Fib with bull divs on RSI and %R. On the Ichimoku front, the Kumo has twisted to bull, with TK and Chikou on the top side of the Kumo. Flat kijun may act to attract prices to it for a bounce.
Target is now set to previous top 0.021 if price action breaks out to the topside. A close below 0.5 Fib will signal a further drop.
Target is now set to previous top 0.021 if price action breaks out to the topside. A close below 0.5 Fib will signal a further drop.
Comment:
Some sideways movement on the 0.382 Fib. Still ok to go. I'll wait it out to see where it breaks out to.
Comment:
XMRBTC is still moving sideways with OBV rising. Accumulation is in progress. Trendlines are still respected so we may yet see a break to the upside.
Trade closed: target reached:
Close enough. Time to take profit.