A very volatile market, one day you have BTC engulfing the market with dominance raising fastly, another day you have alts catching up while BTC is also raising. This parabolic, now vertical BTC rally would most likely end is tears when it corrects. Looking at the altcoins, I couldn't help but notice this XMR symmetry. Currently sitting at support from a long time...
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Xmr 240 candles need to escape from the arc pair resistance without crossing down thru the red 1x1 ascending fib ray - The whole movement is i a similar position caught between the 2 major downtrends above the gann square - a breakout from the arc pair and downtrends would open Xmr up to meeting strong resistance around 0.0064
XMR usd pair has done really well, but the BTC pair now looks in trouble. Weekly bullish engulfing candle with rejection of the RSI trendline. A fall under support of 6384 will send to 5230 followed by 4000.
Back test of almost 800 day resistance.
Confirming now as support.
Follow the fibs on the way up.
The pump before the pump is done. Next one will pierce the stratosphere. Free parking on the moon. Monero citidel bound.
Surveillance state will be tracking all $BTC wallets. Worse circumstances for individual sovereignty than before bitcoin. You will now be...
XMR pumping via bot
Up signal on Poloniex (www.cryptoping.tech)
+529%, buy vol. incr. by 13.81 BTC
+1.07%, price: 0.00473341 BTC / $162.7346
Market Cap: $2,857,449,491
Possible arbitrage after tp