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WyckoffMode
Oct 21, 2018 9:52 PM

Looking Like Monero may have a significant move upside by... Long

Monero / Tether USDPoloniex

Description

...First Week of November if you look at the current trek of the Blue LSMA, its current level and the "probability" of where it may be heading in the near future.

Pasting the chart again below in case Trading View's platform scrunches up my chart on the cover page of this publication.



Monero/USDT seems to be a bit more "revealing" into current market sentiment. I usually try to look at the indicators in the "major" cryptos to see if any of them show a clearer picture within the indicators as to what the market will "probably" do. In my opinion, Monero seems to show a "clearer" picture within the 2-Day indicator compared to other crypto pairs.

Comment

Bull run to begin on or around November 1st appears to be on schedule:

Comment

Looks like this is dragging out to "around" November 12 before reversal to upside pressure. Again, I said, "...around." It may not be till around November 13 when looking at current trajectory of the lines within Godmode and the lines for Phoenix ARI merged with Stochastic RSI in this 12h (720m) TF:

Comments
Andbcoin
Hi, ProwdClown! How are you doing? :)
I wanted to warn you about NVT ratio. Be careful with BTC and the rest of Altcoins.

WyckoffMode
@Andbcoin,

Appreciate you sharing this, Andbcoin. Very interesting for sure... I must confess; you do have the 1 Month TF on your side. The 1 Month TF is going against what I'm saying. However, the 2 Week TF supports what I'm predicting. Only time will tell...

Here's the 1 Month TF:

WyckoffMode
@Andbcoin,

Here's a look at the 2-Week TF; which looks promising for an upside move in my opinion:

WyckoffMode
@Andbcoin,

I'm "hoping" a bullish move in the 2-Week TF will provide enough momentum for the Phoenix ARI to reverse back to the upside in the 1-Month TF.
WyckoffMode
@Andbcoin,

21-Day (3-Week) TF:

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