Detri_Mantela

Monero is too overextended

Short
Detri_Mantela Updated   
BITFINEX:XMRUSD   Monero
Touched the upper limit of the yellow channel. Though there still is a posibility to go to the upper resistance of the red channel (about $170). The RSI doesn't look good and the volume reached its peak a couple of days ago and since then started to decline. So it is better to short a little bit here and a little bit there if that happens. The target is around $125-$135 zone. I think XMR is going down either BTC is going up or down.
Trade active:
Still looking for the downward movement
Comment:
Touched the upper trendline
Comment:
Monero just refuses to go down :)
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