CRYPTANALYSIS - HOUSE VIEW ON KEY ALTCOINS

For general questions, please read our F.A.Q.
Disclaimer: Cryptomover is not a licensed financial advisor. The information presented in this piece is an opinion, and is not purported to be fact. Cryptocurrency is a volatile virtual commodity and can move quickly in any direction. Cryptomover is not responsible for any loss incurred by following this advice.

 

24.TECHNICAL ANALYSIS: XMRBTC (Published: 17th Jul, 2017)
XMR/BTC had a bounce recently and then fell again to the previous low. It would probably face some support at that area and have a smaller bounce again. Traders can look for oversold signal on RSI and long the bounce with take profit around the consolidating area at 0.0160. We can also wait the price to reach that level and go short, expecting a profit at a lower low, at least lower than 0.0150. 

© 2017-2018 Cryptomover.com