BITFINEX:XMRUSD   Monero / U.S. Dollar
THIRD WAVE IMPULSE OF PRIMARY WAVE FAILED. SO WE WILL BE HAVING AN EXTENDED CORRECTIVE WAVE.

A SMALL BOUNCE BACK TO 0.5 FIB LVL 0.09% IS POSSIBLE THEN FOLLOWED BY THE LAST CORRECTIVE WAVE WISH LANDED AROUD THE 0.786 FIB LVL 0.09% .

NOT FINANCIAL ADVICE. STAY CAUTIOUS
I'm betting the same thing with ETHUSD. Good luck!
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DesWong dangolbery
@dangolbery, ETHUSD bounce to ATH again can happen anytime. Have been accumulating eth around 490-500USD ;)
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I don’t think XMR plays by the rules in the XMRUSD pair.

It has its channell in relation to BTC and now it just came down and bouncing back.

How much it will grow in dollars just depends on how will be relation of BTC to USD at the time.

The behaviour in relation to BTC is very predictible :-)

Next high may be corrective as well as higher. Just depends if BTC starts to be bullish or bearish.
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DesWong petrreo
@petrreo,

Hi, petrreo. I'm glad you take your time to reply to my chart and I really appreciate your feedback. However I still stand by my point the 3rd impulse wave has failed and now we have a WXY corrective wave going on. Peace.
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