kokopuffs

XMR - Downtrend to next fib zone. Mark your calendars for this!

Short
BITTREX:XMRBTC   Monero / Bitcoin
A lot of people including myself were duped in figuring out Monero's next uptrend.

After looking at things in a different perspective, I believe it will fall to the next retracement zone.

Monero has a specific retracement pattern that I am not willing to share on here. If following that pattern, XMRBTC -0.97% should go down until 3rd/4th week of October.

Keep on the lookout for the price to reach around 0.017. After that, I'll publish a new chart for the uptrend.
Trade closed: target reached: Retraced nicely. Will post new chart for uptrend when I see a potential breakout.

Comments

Yes, this is due to people FOMO buying BTC.
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