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jamiecassels
Nov 28, 2017 12:49 AM

Freakishly Long DI+ Domination LONG XMRBTC Long

Monero / BitcoinPoloniex

Description

Point : I've never seen a DI+ remain overtop DI- as long as I have here. Almost 2 years and going strong. Why get in the way? 2017 hasn't given great returns to Monero, which is really a good coin based on fundamental merits. Price rallied to highs in Sept 2016 and has been consolidating since. The upwards consolidation looks bullish to me and since DMI is rolling I'm guessing there's been a lot of accumulation here and we should move up to the next price zone soon.

Counterpoint : Bitcoin is rolling and it might be smart not to get in the way.
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