For all of us who followed this coin, after an inverse of head and shoulder pattern, XMR achieved a strong boost driven because that currency had been included in a Korean stock exchange. Then it entered into a downstream channel and culminated in a consolidation channel for 50 days. These last two days there were upward movements, calling attention for being one of the main altcoins. If it breaks the neckline that I marked, it can end up giving surprises in a bull run and reach target prices without any problem.
For the XMR believers, we hope that they will show us their power once again.
Nice analysis! Do you think the second target of $220 would be pretty easily achieved, or do you reckon we'll have lots of resistance at that first target?
FRXMACHNE
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Thank you:)
CoinDreamer
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So? So, if btc continue the bull(for example goes over 10k till Christmas) all alts (even xmr) going down and down..thats all.
AndresThomasShirakawa
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@CoinDreamer,
It is a waste of time to put me in detail to answer your proposal. Good trading bro!
Sabibaby
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@CoinDreamer, The ENTIRE market cap is sky rocketing, EVERYTHING is going up!
CoinDreamer
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atm Btc rules, all alts went up because btc hardfork cancelled...