This is your last chance to SHORT. This H&S will play out as it happened in September 2016 and we'll go all the way down to 0.011. Don't make the mistake I did at that time. I bought at 0.023 in September and became a bagholder until this month. I finally sold at 0.024 and took a very small profit. I did learn TA meanwhile so bagholding was definitely worth it, but very tough. So if you're ready to take that chance and baghold until the next comeback, I wish you good luck in that endeavour.
Comments are more than welcome!
Comments are more than welcome!
Note
The big pictureNote
Last chance! You've been warned!Trade active
Hasta la vista, Monero.Trade active
Haters gonna hate but I still insist this is going down.Trade active
We've reached the top of the right shoulder. Don't forget to SHORT! Monero to get rekt from now on.XMRUSDT also ready to plunge
Trade active
Nicely dumping!Trade active
XMR still getting REKT. If you haven't jumped out of this ship yet, I strongly recommend you to do it now!XMRUSDT it's heading there even faster!
Note
Yep, Monero finally went down in a Head and Shoulders pattern. Not exactly the one I portrayed, but a very similar one. I just had to put the right shoulder a bit higher.Anyways, I'm about to close this trade, although I'm going to open a new one with a clearer vision of what awaits for Monero in the following weeks. Expect it in the following two days.
Trade closed: target reached
I have created a better version of this chart here:
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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.