Hi there. Obvious bull div, large one, but price just do not show the strength. I think XMR must test at least one the black trendlines, and i just dont think the support is there. Will be interesting to follow.
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longing at ~645k due to strong support, stop loss is small because we can slip deeper
Looking for continuation of bull run.
So monero should retry the breakout and either hit the 100% fib and go down or fomo again to next target which is ~161%
XMR Bull penant + Hidden Bull Div
Hoping it falls into trending channelsIf it does, entry at .0057 stop loss at .0054 and if it goes up just readjust stop loss, hope to get out around .0065 to .70
Looks like its peak is gonna form at 738853 short target
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I think XMR will either go sideways above 400k or drop 60% in the next few days/week Just wait it out if it goes sideways buy if not short the life out of it
Still same target, but may move soon. Both offer similar things and the recent Dash and XMR anon coins got me thinking Zcash may have something to do with both of these pumps. Above 004 will be crazy if it gets there.
Monero is in the middle of a correction that is almost completed. If the long term rising trendline holds i'm expecting a new wave to the uspide. A strong breakout of the rising trendline invalidates this setup.
If trend line and horizontal support can hold we might move up a bit. Long term (ie weeks), if we can break .004 or so convincingly, we might hit the ridiculous 0085-01 level.