XMRBTC: Buy on a sharp spike down to 0.025
Actualizado
XMRBTC has been showing a "V" pattern along an uptrend and on key support levels. The next convergence between the trend line and a support is at 0.025.
Comentarios
In about 2-3 days, this trade should be in playComentarios
Given that the whole market is down, I'm waiting for a full capitulation in BTCUSD before entering this trade. If that is the case and we see a bullish reversal candle in XMRUSD, I'll go long. The worst-case scenario is that XMRBTC might go lower to 0.022, which is the next level.
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