Monero: still going down

By CoinMajesty
Updated
I personally believe this coin is going down under, to 0.012-0.013 as I've stated in my previous posts. Fractal logic and fibs don't lie, so we'll be getting to that number at some point. I have improved the chart so let's see how this plays out in the upcoming weeks.

Weekly also looks set up for it:

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Good luck!

Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting updates as I have been doing in my previous posts. If you earn good profits, please donate some to keep me motivated! You can find more info at my signature.
Trade active
XMR is hitting some support. Could go up but I still think the general trend is to go down.

snapshot
Trade closed manually
I think this is it for now. I expect a bounce in the following days so if you opened a short position I'd recommend to close it now. The profits would have been 9.3%.
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