Targets hit. Expecting a retrace. Long.
Both TP = 115.494 and 102.00 in extension have been hit for Monero, as the 1D Rectangle broke on the downside (RSI = 33.951, MACD = -9.930, Highs/Lows = -10.6465, B/BP = -23.8378). As explained the price was always geared to follow the long term dictating bearish trend of the 1W Falling Wedge and the most optimal strategy always is to short every Lower High (Highs/Lows = -31.2469). We now expect a nearly 50% (118.30) Fibonacci retracement so will go long to the previous support and TP = 115.494.
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
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Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.