XMR Correction before another Bull run?

Monero / BitcoinPoloniex

Description

⋅ Oct 11, 2016 5:39 AM

According to this chart it Looks like we could see a double bottom in the coming months before another major price rise.

Dont trade on this idea. You probably will lose.

Comment

⋅ Oct 16, 2016 8:05 PM

Price hit the pale line bottom. Let's see if it bounces towards .013 or we fall below to .008

Comment

⋅ Oct 6, 2018 8:36 PM

All targets hit. New Low. Buy TIme!

Comment

⋅ Oct 10, 2020 5:38 AM

Shape was good just took a while to get there

monero

Comments

movethebeerdownstairs

⋅ Oct 11, 2016 6:15 AM

MACD on the 1D makes me think the peachy colored bounce from 0.01 soon is reasonable. However, if you look at ETH, its first rise was similar, and sellers suppressed price for even longer, so the orange route to (2) is also a possibility. RSI makes me think we may see the bulls gain some traction and take price to 0.014 or so.

oldstout

⋅ Oct 11, 2016 5:47 AM

1300% big ath rise as a first wave? Lol :) So greedy :)