XMR gonna test all time high

POLONIEX:XMRBTC   Monero / Bitcoin
666 16 13
Monero has made a bottom imho.
My strategy here are the RED Flags with the ultimate target around 0.019
The blue flags are the sideways action that can happen

The yellow is my stop,just below the cloud.

Hola Alex            
Comment: I think between today and tomorrow we decide if we go through the blue or yellow options. Because if we don't pump above 0.011 by today or tomorrow it will start to dip...
Comment: Looks like we are going to do the first blue flag and then carry on the uptrend.
Comment: Will buy at 0.0097-99 if it holds.
Trade active: Got in again at 0.0102 First target 0.0125
Order cancelled: Seems like the market has turned a little bearish, huge sells at the moment.
Trade active: Seems like chart was right after all, got back on this at 0.0114
Too much attention on BTC at the moment for any alts to take off imo. We'll see.
+3 Reply
rexlomax PRO phlogistax
@phlogistax, i've seen previously XMR not giving a fuck about what bitcoin is doing. But most of the time it does the opposite of bitcoin as you said.
@rexlomax, the inverse correlation between btc and monero is overwhelming. In my opinion, the only reason why xmr would go up or down depends 99% on what bitcoin does in the following days.
rexlomax PRO phlogistax
@phlogistax, Also thanks for the comment.
And it has pumped, some whales are trying to short it and thinking to grab more cheap moneros before there final push.
rexlomax PRO TahirKhan2a
@TahirKhan2a, Yes, i think we will test the support of the cloud, before going real high
I dont see 0.008 comming but lets see
rexlomax PRO TahirKhan2a
my blue arrow pointing to 0.008 its a lil bit exaggerated, i think we're gonna test 0.0096-0.0098 more likely. Because going below 0.0090 will break current trendlines.
@rexlomax, Yea, thats what i am think as of now but to be very honest and not throw your work on to the wall, if btc goes to 4900, this chart wont be of any use as xmr will break the resistance at 0.0118 and breakout hard.
rexlomax PRO TahirKhan2a
Yeah if BTC decides to dump we will go straight to superior targets, i'm just analyzing it this way in case BTC decides to sideways or even pump...
@rexlomax, 0.0095 might come but everything depends on BTC, if BTC gets exhausted and is dumped then we are going up breaking bones of resitance and shorters
rexlomax PRO TahirKhan2a
Im talking about the Black line as support
@rexlomax, i like that .0097 suppourt zone.. lets hope some my bids there get filled.. got a few higher bids 990s filled last night
rexlomax PRO The_Blind_Dog
@The_Blind_Dog, you probably got in a good price then because this morning we just retest that level, im still thinking we can go there or sideways around 0.01 before pumping.
@rexlomax, I hope so... want till fill up more... made 80 btc off last pump.. so loading up for this one again
You and I both have similar number on that: approximately 0.019.
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