My first quick glance at Monero (XMR), shows a 510% increase after the bullish pennant comes to completion and the new rally begins. Long term (60 day) target is $2100, or just over 500% from today's value.
Monero looking like a very nice long position right now, puling out of consolidation phase and presenting some new signs of additional volume out of the channel. Watch these Fib levels closely, but looks to me like this would be a very nice time to go long. Entry at the long position position, but be aware of possible bear traps as always. Happy trading!
Tom Demark count gave a green 2 on the daily chart. This is a clear buy signal. I expect up to 7 days of bull run. Here is my trading idea: Long at: 121 Take profit at: 148 Stop loss: 110
After adding on @ 85 and 80, the median price is for this postition is @ 82,5 with a soft target @250 and stops @28.
Our retest of 76 was not reached but i added on a position @ 85 and am now waiting for final signals for the beginning of wave 5. Long term looking for a first soft target at around 231 and ranging all the way up to 357. Our retest of 76 was not reached but i added on a position @ 85 and am now waiting for final signals for the beginning of wave 5. Long term...