verborg
Short

XMR shorting op.

POLONIEX:XMRBTC   Monero / Bitcoin
Hey guys,

First time posting on TV, so bear with me =)

Figured I'd share this good, slightly obvious short-spot on xmr/btc. Technically it's interesting as there is quite some resistance in the 115 area, whilst hardly any support in the 100-110. A double top here would likely mean re-testing 65-75 range, possibly even the local low (depending on btc's movement). As the entry is around 108-112, and the s/l around 115, it's seems a very solid +EV move to me. Downside of around 5%, whilst a potential upside of around 35%. 7/8 to break even. Since XMR is tightly inversely correlated to BTC             , I guess it's fair to say that this is good value for money. A break upwards in btc             is almost guarenteed to push XMR down towards target area. BTC's current triangle is closing on Sunday Nov 27th, so the trade would need to be entered rather quickly.
this chart makes me want to put a long order in.
Antworten
The_Blind_Dog traderjoess
@traderjoess, Long is the play... this guy will get rekt
Antworten
Madofff The_Blind_Dog
@The_Blind_Dog, Double profit since yesterday on monero, why this bad behavior mate ? :)
Antworten
Put a double ichimoku cloud and see the behavior of XMR, its not easy
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden