XMR Showing Significant Weakness

20 nov 2022

XMRUSDT.P

XMR has shown significant weakness in the last week.
- Breakdown of ASCENDING WEDGE
- Could not hold .618 Fib level
- TSI (True Strength Index) crossing indicating continuation of the downtrend
- CCI is in the oversold area however we believe the trend will continue

Stop Loss: above $134.35
Take Profit 1: $129.20
Take Profit 2: 127.45

20 nov 2022

Nota

Reached TP 1 !

21 nov 2022

Nota

Trimmed a little bit, still expecting tp2

21 nov 2022

Nota

Take profit 2 Hit, letting the rest run, moved stop loss to entry

22 nov 2022

Nota

Closed position last night! BIG BAGGER! congrats if you followed another day another dollaaa baybeeee