XMRBTC Heading up - Target 0.021
Updated
Monero looks good today. Spiked up with good volume and corrected appropriately. Correction is holding at 0.5 Fib with bull divs on RSI and %R. On the Ichimoku front, the Kumo has twisted to bull, with TK and Chikou on the top side of the Kumo. Flat kijun may act to attract prices to it for a bounce.
Target is now set to previous top 0.021 if price action breaks out to the topside. A close below 0.5 Fib will signal a further drop.
Target is now set to previous top 0.021 if price action breaks out to the topside. A close below 0.5 Fib will signal a further drop.
Comment
Some sideways movement on the 0.382 Fib. Still ok to go. I'll wait it out to see where it breaks out to.Comment
XMRBTC is still moving sideways with OBV rising. Accumulation is in progress. Trendlines are still respected so we may yet see a break to the upside.Trade closed: target reached
Close enough. Time to take profit.
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