I'm pretty sure that if there are no clearing red bars around the white 800MA , the green 200 will cross over the ORANGE 3200 MA on the 1 hr
so about 187$ or so or higher is my target
This applies like virtually market wide - XMR C waves are super direct nowadays and will more or less glide diagonally to that fib range
My lower target still stands, I think the Z wave is not done on a larger wave degree, which is unfortunately sub 50$ with the rest of market movement
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with the prices on chart
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inverted, when the green crosses the white, it will pull to orange with no clearing red
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While we are in a subwave of C wave to wherever, we are inside of a "Z" wave or C wave however you label waves, so there will be downside closing a actual trade after/around the 200 (or close to 3200 on higher tf) is never a bad decision
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110% of the above 1.618 range is also a valid sell point (294$)
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trade to the 1.61 is around 3.8:1
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The build up can always develop into something longer! For now it will float around this price average
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Y/Z may also not be done yet, which is why i point out this as an X in the main interactive chart
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Around September 12th, we will begin to be within the 200 MA average cut off for what was a down trend, so as we lose the previous red bars, it will begin to average with the X wave that sent it through the 800 and 200 on the daily tf
Alot of these measurements just happen to line up with previous adjustments and placements... Look into Fibonacci in relation to time not just up and down price action
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Looking for a break of the orange circle level to confirm more downside, but we will revisit a local high