Keep in mind lots of dots located here so still a chance of coming back down a bit here. This could be people shorting.
Other charted TF's coming shortly:
Other charted TF's coming shortly:
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4h TF:
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6h TF has 38 minutes remaining before a GOOD confirmation of reversal to the upside with a red line entering into the LEFT side of a WHITE line that NEEDS TO COME UP.
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The 4h, 2h and 1h REVEALS the current FIGHTING occurring where we are seeing this potential reversal.
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You see the actual fighting in TF's lower than 1h
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A pulled back view to allow you to see forecast in 6h TF:
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As you can see... The 6h TF has yet to confirm anything.
I'm going by the lower TF's to TRY to find confirmation and entry before KNOWING if the LONG is actually confirmed.
I'm going by the lower TF's to TRY to find confirmation and entry before KNOWING if the LONG is actually confirmed.
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Before KNOWING if it's actually confirmed IN THE 6h TF.
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The 2h is the main reason for my current LONG position:
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I like the 2h on XMRBTC cause it usually gives better turn arounds . I'm going to post a couple of sweeps across the 2h range for one to see the arrows and vertical time lines:
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PULLED BACK VIEW for better understanding of price movement:
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could very well be the blue circles that play out:
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I wrote in a recent publication how my health went down from lack of sleep last night. I would have seen the drop coming that we had IF I HAD BEEN AWAKE. Even I took a hit on this as well. However, I'm not worried. This is only a consolidation period or phase. Monero is a very good coin to own. It will be back up. No worries...
We are getting close, in my opinion, of finding a "support" bottom.
We are getting close, in my opinion, of finding a "support" bottom.
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42m TF looks good thus far. However, one must still stay on top of this with a "Swing Trader" mentality. Meaning, buy in at right times WHILE keeping tabs on a potential turn down again.
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If you have installed and set up this indicator as I have instructed, you should do quite well at entry and exit.
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I instructed in previous publications.
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The green line inside the indicator is my "TREND" line. It's still down for the most part. It's a good sign seeing the red line beginning to come up but not sure how long it will last. This is the 238m TF (close to 4 hours).
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Also notice the red line moving to the right and the white line coming down to meet it. When the red line goes to exit outside to the right of a white line coming down, that means downward move in the price. How much? Who knows...
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The 77m TF shows the green trend line as TRYING to turn up. That will not be reflected in the higher TF's until confirmed in the lower TF's.
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But definitely trying to confirm reversal. May just be another pause but I don't think so.
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A look at the 90m TF to see the green trend line trying to reverse upward now.