farzinsabbagh

Monero at support

Long
BITFINEX:XMRUSD   Monero
monero is a great crypto currency and has great potential for trade right now. because we have a clear downward trend line and also a horizontal support that has a lot of significance. it acted as resistance back in april and it is also the 61.8% fib level from 38.620 bottom to 121.524 top i suggest to buy with one quarter of your capital and put a stop sell order at 65usd price. after breaking up, trail stop-loss until stopping out.
**trail stop loss: move your stop-loss higher as price moves higher.

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