POLONIEX:XMRBTC   Monero / Bitcoin
In my opinion, we are about to fly to the moon and there are several confirmations.

Oscillator MACD and RSI are at the bottom and ready to go up. The RSI did the cross. And ADX confirms that bears are becoming weaker.
I noticed a bullish divergence . Also, the price on the chart recently rebounded from the Fibonacci level 0, and most likely will move in the coming days to a level of 0.236.
If we add here the wave analysis, we will see that we are on the correction of the ABC after the fall.
If everything goes according to my analysis, we will probably reach the level of 0.382 Fibonacci, the price of the monero at which will be 0.02 BTC .
In the 0-0.23 Fibonacci area, you can also notice an upside-down "head and shoulders" figure, the of which is yet to be formed.

Purchase 0.012
Stoploss 0. 01
takeprofit 0.0166-0.02
Trade active
Trade active
Trade active: the first target was achieved. stop loss can be set at 0.015
Trade active
Comment: we almost touched on the second goal)
Trade closed: target reached

Related Ideas


what do you think about all these posts about XMR/USD bull trend and your prediction of a bear market? your thoughts seem correct btw, but this analysis does not correlate with XMR/USD analysis.
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