Monero is a great coin and it seems to have formed a double bottom (red lines) and a inverse H&S.
EMA lines are turning bull with 50 crossing over 100 and soon the 200 on 2hr frame.
It should go to the first target before February 17th
Targets
320 Based on the W bottom
350 Based on the H&S
Stop loss 245-240max
EMA lines are turning bull with 50 crossing over 100 and soon the 200 on 2hr frame.
It should go to the first target before February 17th
Targets
320 Based on the W bottom
350 Based on the H&S
Stop loss 245-240max
Trade active:
Looks like it's all clear to 320$
Trade closed: target reached:
1st target reached
Trade closed manually:
Things have changed... sentiment has turned bearish it seems, 2nd target has to be delayed now.
Comment:
Still bullish on XMR but i see a range of 290 and 320$ we need to break above 320 to continue the uptrend!
