i like XMR on continuing its trend of bouncing off both, its 55ma on daily AND the uptrending channel.
Both of which happen to be converging right around 286 area. Was a quick pullback on BTC selling and test of 340 highs.
I like this for a bounce off channel/ma and another run at 340.
i jumped in around 294, after first pullback off 285-286 support.
stops in low 280s.
4% max downside risk
15% upside potential at 340
30% upside potential at 380 , if it can b/o
Both of which happen to be converging right around 286 area. Was a quick pullback on BTC selling and test of 340 highs.
I like this for a bounce off channel/ma and another run at 340.
i jumped in around 294, after first pullback off 285-286 support.
stops in low 280s.
4% max downside risk
15% upside potential at 340
30% upside potential at 380 , if it can b/o