Monero moon or doom

30 thg 8, 2017

it is funny to see that monero pumped like this in the same way like last year and it was also the same month.
both trades are interesting so choose your side wisely

30 thg 8, 2017

Giao dịch đang hoạt động

i am entering long gradually in 5 positions sizes stop loss 0.025

1 thg 9, 2017

Ghi chú

closed my position with very little profit.

reasons:
1. first trend line broken
2. MACD bearish
3. Volume very low
4. Bitcoin is bullish

re-enter on strong channel bounce or other bullish signal.
XMR Fiat chart also does not look so good.
If the daily changes to green with good volume i might reenter

1 thg 9, 2017

Ghi chú

bounced near the channel
looks like sideways

breakout on xmr fiat might provide a valid bull signal - waiting for it

1 thg 9, 2017

Ghi chú

XMR channel bounce and supported on the fiat chart.
adding back a smaller position

2 thg 9, 2017

Ghi chú

Monero looks like shit.
holding it till tomorrow maybe it will go at least sideways

2 thg 9, 2017

Ghi chú

Monero FIAT bounced on the daily EMA.
There is at least a chance that it will consolidate for a further move up



the bearish waves are rather weak and typical for EW 4
You can see that the impulse is loosing strenght on the MACD

Total coin market cap decreased by -13 billion USD short term but i think this is the bottom

The Bitcoin panic dump was more or less random and was rejected by the Daily EMA

3 thg 9, 2017

Ghi chú

Dumped to buy more ETC