Monero. Signal for sale. 50% potential of reduction.

BITFINEX:XMRUSD   Monero / U.S. Dollar
A New Year special technical analysis from the ICEX team ;)

Monero. Signal for sale. 50% potential of reduction.

XMRUSD yesterday couldn't hold on the slow moving average of the daily chart , and sank fairly lower.
If today the price does not return to $ 350 by the end of the day, the trend indicator of "Crossing the moving averages" will give a sell signal. The purchase signal of this indicator was about $ 100
The reduction targets range from $ 150 to $ 200. Also, at $ 150, the minimum of the previous "black cryptofriday" was fixed.

We recommend closing long positions on XMRUSD.
Those who want to buy Monero, can place their bids on the level of support at $ 150
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