Hopefully this triangle is about right
Maybe a larger triangle would be useful?
Feeling is that 0.019 is the turning point
The breaking point for downwards motion, otherwise, it will bounce off 0.018-0.019 and continue oscillating
Thanks @veryevilone:
Not sure about how this fits into the big picture quite yet:
Inevitable BTC bull run incoming
XMR is due for a...
Weekend warriors like to put money into XMR, but
BTC price is in bull run and XMR price seems to move inverse proportion to BTC movements
Slight symmetry
Approximate estimate of movement shapes
looks like a cup and handle, and you can see the elliot wave forming
dip to 18 makes me think this might be an uptrend
but it also feels like it could just be a free fall to my previous estimate of 15-17
and BTC is supposed to be bullish
so I'll decide after looking at BTC activity and if this trend bounces back like a handle
probably safer to wait to see if it...