bagofXMR
Short

Short targets/Buying levels

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XMRUSD daily chart is looking awfull. I expect a correction at the very least to the trendline . Maybe even further.
26 usd and 33 usd would be the buying targets/short take profit targets.

We have a 1 month old trendline broken, a bearish divergence in both RSI and MACD histogram, and last but not least, a MACD bearish crossover.

Weekly chart, with the Stoch RSI bearish crossover and with that MACD allowing a huge correction, allows even further correction, though i consider it unlikely unless massive bear market in bitcoin .



I don't use any exchange offering leverage on xmrusd pair, so i'm only playing this as buying targets to rebuy some of my monero
Trade geschlossen: Ziel wurde erreicht:
cover longs/reopen shorts. Trade completed.
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