virtualmonkey

XMRBTC to break out?

Long
virtualmonkey Updated   
BITTREX:XMRBTC   None
This one is a bit messy but there are a lot of seemingly technical hit points in this chart.
You may not agree with the elliott counts (and ignore the degrees that I have used) but we do appear to be finishing a triangle.
If this turns out to be the 2 of the current higher degree then we are about to see wave 3 of 3 and a price explosion. Target i think is the 1.618 of 1 as measured from 2.
Comments welcome but I am a HODLer here so am not trading on this advice and I urge you not to either unless your own research leaves you happy with my analysis.
Comment:
If we're seeing an ending 5th wave diagonal then my target for the subwave 2 is shown here
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