This 4-Day Candle Is The Candle We Find Bottom for XMRUSDT
I'm posting the chart below for easier viewing. Trading View's platform always scrunches up my cover charts in these publications.
More charts with lower time frames coming shortly to give us an idea on potential entry.
Disclaimer:
The information contained herein - which includes ALL charts I provide on Trading View or any other platform - is for information purposes only. None of my charts and/or comments should be construed to be financial, trading, legal or tax advice. The content in my "ideas" and the comments provided by others in visitors comments section is solely "opinion" or "ideas" of the writer/speaker who may or may not be a licensed or registered advisor.
Purchasing crypto currencies can pose considerable risk of loss. I nor those who comment herein do not guarantee any particular outcome. Past performance does NOT indicate future results. The ideas presented in these charts by me or visitors is NOT an offer to sell securities. It's simply giving "ideas" on how a particular crypto currency and/or token may or may not perform.
NEVER invest more than you can afford to lose. Feel free to consult professional advisors in the event you wish to invest in crypto currencies.
More charts with lower time frames coming shortly to give us an idea on potential entry.
Disclaimer:
The information contained herein - which includes ALL charts I provide on Trading View or any other platform - is for information purposes only. None of my charts and/or comments should be construed to be financial, trading, legal or tax advice. The content in my "ideas" and the comments provided by others in visitors comments section is solely "opinion" or "ideas" of the writer/speaker who may or may not be a licensed or registered advisor.
Purchasing crypto currencies can pose considerable risk of loss. I nor those who comment herein do not guarantee any particular outcome. Past performance does NOT indicate future results. The ideas presented in these charts by me or visitors is NOT an offer to sell securities. It's simply giving "ideas" on how a particular crypto currency and/or token may or may not perform.
NEVER invest more than you can afford to lose. Feel free to consult professional advisors in the event you wish to invest in crypto currencies.
Comment:
By the time the Stochastic RSI reaches 20% level or lower in the 180m and 360m TF's, we will more than likely see a reversal to the upside.
Comment:
We "might" turn back down to test the lower boundary (support) one more time before lift off.
The Purple Ghost in the 360m and 720m are both appearing close to exhaustion. The Green Line in the 1440m (Daily) is getting close to 80% level already. We'll see soon enough if we come down to test that lower boundary (support) before reversal is in the bag.
The Purple Ghost in the 360m and 720m are both appearing close to exhaustion. The Green Line in the 1440m (Daily) is getting close to 80% level already. We'll see soon enough if we come down to test that lower boundary (support) before reversal is in the bag.
Comment:
Outlook for Monero in the 2-Day TF from now until October 1st, 2018.
Comment:
Here in this 2-Day TF you are seeing the lines I drew within the indicators on July 1st and how the Blue LSMA has progressed. Along with the progression of the Phoenix ARI and Stochastic RSI.
In this 2-Day chart (below) you will see I've drawn "possible" future track of the Blue LSMA in accordance with where I have the price action going to on the chart. Also notice where I've identified the location of a brief dip on the way up.
In this 2-Day chart (below) you will see I've drawn "possible" future track of the Blue LSMA in accordance with where I have the price action going to on the chart. Also notice where I've identified the location of a brief dip on the way up.
Comment:
It's beginning to look like this COULD be our TEST after a SPRING. We'll know more as this progresses. This would also mean my assumption of a POSSIBLE combination of Accumulation Schematic #1 AND #2 may be rejected and it end up only being a Wyckoff Accumulation Schematic #1. But that's a good thing.
Comment:
Monero, also looks like July 15th or 16th for reversal when looking at this Daily (1440m) TF. The Stochastic RSI is getting close to bottoming out to offer increased odds for reversal. As for Godmode, we need to focus on the Red Line; NOT the Blue LSMA.
Comment:
Have a look at the Blue LSMA on this 12h (720m) TF and you'll see why I'm forecasting July 15th or 16th as where we should find bottom here and potentially see reversal.
Comment:
It's beginning to look like XMRUSDT may not begin to make a significant move upside until October 13th to 17th date range when looking at this 7-Day TF:
The Daily (1440m) TF looks like we could see a bout of downward pressure until that date range (October 13 to 17). Yes, I could be wrong on this. I'm simply posting what I'm seeing at the moment. It looks like we will float around the $95 to $120 price range for a couple more weeks before we see a significant rally to the upside.
The Daily (1440m) TF looks like we could see a bout of downward pressure until that date range (October 13 to 17). Yes, I could be wrong on this. I'm simply posting what I'm seeing at the moment. It looks like we will float around the $95 to $120 price range for a couple more weeks before we see a significant rally to the upside.
Comment:
Daily (1440m) TF:
2-Day TF:
2-Day TF: