History doesn't repeat, it rhymes. Will the market rhyme for Monero once more? If so, target of 0.1 may come to pass.
Was just checking up on the chart of AEON, Monero's little brother.
According to this chart we are in the beginning of a long term impulsive bullish move. A move to $190 looks doable, crypto is a wild market indeed! FYI GBTC has been the best performer in my brokerage account the last couple of years.
I've made wild predictions in the past about Monero. When it was worth pennies I made estimates of it's value reaching well over $1 into the $10 range. This absolutely happened. I then speculated that Monero could further increase from $10 to over $100 given the tremendous updates and growing community making it the best form of Money anyone has seen. This...
According to this chart we will revisit the $6k range around April 2019.
If so, this might be the pattern we see play out.
Privacy is a big deal. What's the price for the best private and fungible blockchain based money going to be in the next couple of years? I think the potential for appreciation is dramatic. Log Term Long.
Anyone care to speculate on the basis of this monster short?
According to this chart we can expect to see increased volume in the coming months. If this is buy volume and given the lack of daily supply we could see a float up to the low $1000 by early 2017 and then FOMO up to $6k and in the case of a major financial catastrophe in 2017 we might even see big numbers (above 15k). Could this future move be the rest of the...
According to this 1M Chart, Monero is in the end of it's distribution phase. The accumulation phase is starting/on going.
The previous model was using a support line that has been breached and could very well stay breached, creating a new trend.
Playing with the idea of a symmetrical line reflecting the inverse price movements of the btcusdshorts/btcusdlongs ratio. I'm interested in seeing how this chart plays out.
According to this chart the bottom is in. 2019 will be a sideways year of accumulation and slower growth relative to 2017 but with a greater upward trajectory as compared to 2018. In 2020 the block reward halving and continued interest from institutional investors will have us break out of 20k resistance into new uncharted waters.
Thinking about a forecast using the BETI.
Winter brings new opportunities.
This is what we could expect to see given a reversal in the xmr/usd market
Not much to say that hasn't been said. Shorts at an ATH and this is Bitcoin - What could possibly go wrong?