It is bordering insanity to buy now. We are right at resistance and the VWAs are coming to meet us from above.
If you are out, a much better bet is buy when the resistance is cleared (let's say 0.012) or we descend to the last week lows (0.0058) or the support (0.0042).
I don't usually consider shorting XMR but this is one of the rare occasions.
If you are out, a much better bet is buy when the resistance is cleared (let's say 0.012) or we descend to the last week lows (0.0058) or the support (0.0042).
I don't usually consider shorting XMR but this is one of the rare occasions.
Shorting when we just broke out of the exponential downtrend of 2 months seems a bit unwise. In addition, the daily MACD flipped to green.
So we are really in a long-term bullish set-up.
That 3-pushes to a high, then revisiting the 1st push confirms continuation of that long-term bullish view. XMR FTW!
