Probably
XMRBTC pullback from recent high at 0.016 is finished. Monero price closes near 50 days EMA and lower BB band. Unlike many other altcoins Monero price was affected by today's Bitcoin surge. Candles also look bullish.Opening long position is very risky at the moment. Let's wait for volume and candle confirmation to make sure that we are in uptrend again.
Trade active
Opened long at 0.01335, first target 0.016 stop loss bellow 50d EMA
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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.