tiger_rag
Short

Levels for buying

POLONIEX:XMRBTC   Monero / Bitcoin
526 1 5
24 days ago
In my humble opinion price will go down.
13 days ago
Comment: for now everything goes by plan
Si vis pacem, para bellum.
verborg
11 days ago
Thanks, I had/have more or less the same expectation.

The slightly lower double top seems in now, so I expect a retest of 0.0095 soon. In my mind the scenario after will depend a lot on what the King will do the coming days. If it continues the rally/keeps above 5k cny, 95 will not hold and it will seek to test the lower resistances. Potentially even the 60's again, that will need some incentive from btc there (5.4k+).

This scenario reminds me a lot of the early 2015 rally monero had (this was to 0.0045 back then). The bounce double topped, and xmr was in a bear-hibernation for half a year. With the big rally so fresh in everyone's mind, people tend to be over optimistic. In seems to be a central-theme in crypto almost. Interesting times ahead. GL trading
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