$XMR Monero) small LONG @ $354
Big drop, I’m taking a long in several tranches, first one averaged at $354, second potentially around $332-333, so the average would be $344.
Stop loss: 3 consecutive 4-hour candle closes below $318, not an automatic Stop Loss because there could be a wick in case
BTC
drops to $70k (I’m expecting a rebound).
$420 is the key level to break in case of a bullish reversal. Very oversold on the 4-hr timeframe, around 10 RSI.
With a SHORT stop loss it’s probably worth trying to play the bounce, but with a small position size.
