Monero is currently in subwave 3 of wave 3. After completing the first wave and its correction, we had a perfect 1-2 setup, which was fully fulfilled. Now we are in wave 3. For some, it might appear as if wave 3 is failing or rejecting at the 0.618 level for a longer correction—but it’s not. Keep your eyes open.
This is a typical 3-4-3-4-3-4 setup, which is common for an extended and long wave 3. We can expect some significant moves in the coming days. Monero is also still a privacy coin, which generally doesn’t get pumped. Monero is what many call the “real Bitcoin.”
This is a typical 3-4-3-4-3-4 setup, which is common for an extended and long wave 3. We can expect some significant moves in the coming days. Monero is also still a privacy coin, which generally doesn’t get pumped. Monero is what many call the “real Bitcoin.”
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
