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WyckoffMode
Mar 5, 2017 9:27 AM

Those thinking of getting into XMRBTC need to keep in mind... Short

Monero / BitcoinPoloniex

Description

...BTCUSD will be going up soon. When it does, if the price of XMRUSD remains the same [And I believe it will or possibly lower Than current $14.13 as I write] the price of XMRBTC should go down.

I said that to say the following: Don't panic buy right now. I believe it's going even lower when the price of BTCUSD goes up. So, you will be able to get in XMR at a lower price in BTC. How low? I'm not sure. That is yet to be determined.

There will be several pauses on the way down while Composite Group waits for "buy" orders to fill. Once this dump concludes, I expect BTCUSD to go up in price.

This chart is a 15m TF.

I'm not responsible for any trades made based off my TA.

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I wasn't quite patient enough on my short. I sold on the way up at 0.0134414 and 0.0134413. There were two big buy walls at the time that were enough to fill my sell. So, I took it.

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Price of XMRUSD on this 15m TF is remaining pretty much the same.

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XMRUSD in the 1h TF shows downside:

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XMRUSDT 4h TF:



XMRUSDT 12h TF:



The RSI with BB's I added at the bottom of the 12h TF is indicating "over" bought.

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Remember to pay close attention to the price of XMRUSD. If it remains the same, we're in good shape [in regard to "when" to make entry] to buy back in AFTER THE PRICE OF BTCUSD GOES UP.

Think about it... If the price of XMRUSD remains the same and BTCUSD goes up [It will] the price of XMRBTC should go down even more. That's why I'm saying to be patient and watch both the price of XMRUSD and BTCUSD.

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This actually may be going up, Y'all. Seriously. After looking at both XMRUSD and XMRBTC. We may finally be going up.

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Text bubble: I hope my message got to y'all in time...

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by the way, I've been in the troll box giving advice on XMR. Don't be surprised if this goes down more from China waking up and taking profits they missed while sleeping.

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Previous was 1h TF. This one is 15m TF:

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MEANING:

I"M NOT posting this in the troll box, twitter, youtube, etc...

Just STAYS HERE...

If someone just happens to STUMBLE across this publication, they may feel fortunate IF they actually take the time to read it.

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THE ONLY ONE's PRIVY TO THIS INFORMATION

are those who follow me... UNDERSTAND?

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I would PREFER everyone LEARN these technics as well...

WHY?

THIS IS NEW TO ME AS WELL.

I just happen to stumble across PATTERNS when setting the INPUTS in the FORMATTING...

FROM: 9, 26 & 13

TO: 9, 6 & 3

LET US SHARE WHAT WE LEARN TOGETHER...

OPEN SOURCED YOU MIGHT SAY... ; )

But only for those who stumble across this publication!

The same way I stumbled across the patterns.

Keep in mind...

MORE PATTERNS TO COME AS WE CATALOG AND SHARE PATTERNS TOGETHER IN A PLETHORA OF TF's.

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This would mean we get ORGANIZED like DEV's... NO?

CREATE GROUPS:

GROUP: 1m TF
GROUP: 2m TF
GROUP: 3m TF

and so ...

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4h

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The 4h (ABOVE) was giving a clearer picture of approximately when to exit than the 2h here:

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1h:

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approaching time for entry for short or long position... MAYBE

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GHOST has come up and close to entering going out the right side of GHOST THAT IS COMING UP.

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This is to give an example of price action.



More info on that price action in this publication:

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3h TF SHOWING PRESSURE

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DOTS IMPLY PRESSURE

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150m EVEN MORE PRESSURE TO THE UP SIDE more than likely.

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130m TF: red line and white line approaching.

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3m TF

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1h TF

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Comments
miquael
yes, i got into XMR about 12 hours ago. thanks for the tip
Ramirez
People who bought Dash, should come back to xmr. Some that are in btc will also come back for some days to xmr... Just enough to let Xmr go to 0.135
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