XMRUSD +++ Quick update and follow-up to 'The only true crypto currency.' from Jan 13 2025 +++
🗺️Macro-mentals
What the f* is going on?
How is it effecting Crypto overall as 'an alternative to FIAT-Money'
↗️ Dollar-debt getting slowly out of control (Moody's honest down-grading from 'Aa1 to Aaa')
⬆️ Trade-Wars are de-escalating lately
↘️ ongoing geopolitical risk (ME/Israel/Iran, EU/Ukraine/Russia, ...)
🚀 Pumpa-mentals
How far can Monero pump in this cycle?
1) BTC has to top and stay there for a full-on alt-cycle
2) No black-swan this time (Israel-Iran Attack, etc.)
--
Entry : 200 USD
Profit-taking : 550 USD and above -> that is already 2,75x (175%)
Profit-taking : 600 USD and above -> for all greedy degens
Stop-Loss/Repositiong : 165 USD
So, to sum it up:
I hope you went long, and are flying with Shen-Long 🐉
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.