XMR Monero Update

If you followed me into previous crazy trade(linked Below) wit XMR congratulations. we are in profit of 24% BTC wise, 32%usd wise . Average buy in price at 0.0125 or $86 USD. Hence we are going to profit on trade. Stop loss can moved to 0.0130-0.0133(or below support) for free trade and profit. Alternatively if you prefer USD alot of markets offer xmr/usd trades. We can set stop at $97 if that is preferred. Target 1 is 0.0182. We will take some profits there 25%-33%. Either we reach our target or get stopped out but still gain money. I expect turbulence around 0.0160 but do not get shaken out. Happy Trading

https://www.tradingview.com/chart/XMRBTC/C8AzuJ6B-Crazy-XMR-Trade-11-1-Risk-Reward-Ratio/

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we move stop to 0.0139. Target 1 set at 0.0182. You can unload 25-33% of position here. We are likely to get rejected by the 300 sma(Blue Line) right below it for the time being

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Alternatively if against USD. Move stoploss up to $106.00

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moment of truth

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stop has not been hit, but likely to break. Ive switched my stop from USD stop at 106 to BTC stop at 0.0139

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stop loss moved up to 0.0141. We can take 20% at target 1, depending on how price reacts

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we blown past target 1, with no signs of slowing down. Hence we do not take profits. StochRSI and MACD are running on full steam.

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Target 2 now in sight at .023. If we get rejected here we can take 33% of trade of the table. However we will watch price reaction

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Target 2 is in sight, keep watch on price action. We can sell 25% of position if we place stoploss on .0191 if you feel nervous. .618 is strong reversal fib, we will need good momentum to break it.

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Stop moved up to .159
We were strongly rejected by the .618. We will need lots of momentum to break this resistance. Expect further downside and bounce off hard support, in order to pick up momentum. We are still doing great USD wise 40% up or $35 per monero

Trade closed manually

Price has not reacted well to the .618 fib, and has broken our hard labeled support. We can close this trade at 38% profit. We will look for new opportunities when the market presents them.

ecicic

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ecicic