long monero

i made this chart a while ago and took a look at it today.

we have two options

1. head and shoulders reversal
2. correction until longterm trendline

currently we have good buy support on the right shoulder so it´s worth a try with a tight stop below the head line @ 0.015. This is only -3%

if btc does some crazy 10% upside move it might break to the lower point where we should enter again

Yorum:

wow it didnt took long for BTC to do crazy moves.
i exited this trade

Yorum:

too bad support held. it wasnt necessary to sell it. i´m back in that trade

Yorum:

trend is turning green

Yorum:

after we break the neckline it should pull back. that´s were we will buy the dip and sell it on the neckline again to reduce our base price

Yorum:

i decided to stay in monero for the longer term.