AndresThomasShirakawa
Long

Waiting for Monero recover, like old times

POLONIEX:XMRBTC   Monero / Bitcoin
525 8 8
For the third time XMR tried to break the resistance at 0.382 fib without success. After solving the figure of the triangle, they may go and reach towards the next level of 0.236 fib to accumulate volume and finally go upwards forcefully.
We can not ignore manipulation, being the key factor and which is a strong influence on the price.
Greetings to all and thanks for your time
Comment: The price not only reached the level of fibonacci how I mentioned in the chart, but also had drilled him.

If XMR don´t increase the volume soon, XMR HAS NO FLOOR!
I don't think so: https://www.reddit.com/r/Dream_Market/comments/57aw4e/dm_going_to_implement_sdc/
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Free will, all comments are welcome, provided they respect us not be weary. The question is: what is the source where you got that data and that excel with them?
Greetings N-rG
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N-rG AndresThomasShirakawa
well actually i should write more when i write something :D cause in long term i agree to you. But the period you painted is to short i guess. I think we will dip a bit more down, stay there maybe a bit longer and than recover. The recover period is highly depending on AlphaBay. I checked the history of Nucleus exit scam. They bought some DASH, introduced the implementation, made profit of the hype and than did an exit scam. I'm a bit concerned that AB may copy this strategy. I wish that XMR receives more acceptance and finally a GUI.
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Now I like the answer. I agree with what you say, but a lot of good news are comming soon. I said that the XMR price is going to the next fib lev (downtrend) SDC can not think with XMR at all, instead Zcash can weaken because it by completely anonymous 100% .
And what is the source to bring the excel data?
Thanks for your analysis and sharing @N-Gr
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Looks like the price is building up for a recovery now, slowly increasing to above 0.011
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It goes downward to the fibonacci level at which I mention.
But must take into account the clarification made about excessive manipulation.
Thanks for your time Adolf512
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N-rG adolf512
welcome at tradingview buddy :)
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The price not only reached the level of fibonacci how I mentioned in the chart, but also had drilled him.

If XMR don´t increase the volume soon, XMR HAS NO FLOOR!
Reply
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