Monero has just completed one of its famous pumps. I believe this is just a signal of things to come. As you can see I have placed the entire history of Monero in a pitchfork, and it fits incredibly well. The majority of the time has been spent in the yellow channel with four big reversals coming at the bottom of the blue channel. Furthermore, the RSI is strong, the Stoch allows for growth or consolidation and the MACD is bullish. I believe Monero is a $1000+ coin. This pitchfork paints the road to that target. Strap yourselves in, the next year is going to be a pretty amazing ride!
PM me for entries, targets, and custom charts.
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0.02 is a supper key point for Monero. It's been big resistance for a while now. If we manage to build support here it will be the strong foundation for more upside in the future.
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Interested to see where we close today...
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Killer reversal!
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Monero loving these bearish flags at the moment
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One Line To Rule Them All
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Key long term support
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Looks like Monero wants to join the litecoin party!
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I wonder...
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Zoom in, definitely possible
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Update on double bottom pattern
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Flag possibilities
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Long term view
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Went with the first option on the flag
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If you're still on the sidelines I suggest you get in before it's too late
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In order to break through the resistance of the ascending triangle (1d chart) we need to get through the 36 btc sell wall @ 0.0210. Up for the fight fellow comrades?
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At the top of the middle pitchfork channel. Could be a bit of a pullback soon
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Rocket is waiting
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This macro pattern is still playing out nicely!
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Price just crossed into the upper blue channel for the third time in Monero's history. If we can build some support up above 0.03, big things await!
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Back up above 0.03 again! Looking to build support up here. As of yet XMR has been unable to close above the top of the yellow channel in recent times.
I want it to stay cheap for a long as possible! :p