XMR/BTC - Roaring 20's Five Wave Impulse
Potential uptrend beginning versus Bitcoin.
If you are looking to add a position, I'd personally wave until this wave 1-2 completes so you aren't buying during green candles (i.e. Exposure to higher levels of risk).
I don't know if Monero will make a higher high this cycle versus Bitcoin, but if it did, I'd look at the 1.618+ Fib Levels as potential tops for the 5th-Wave. We've seen Monero make a higher low on higher timeframes versus Bitcoin. Time will tell whether its a higher high this cycle.
If you are looking to add a position, I'd personally wave until this wave 1-2 completes so you aren't buying during green candles (i.e. Exposure to higher levels of risk).
I don't know if Monero will make a higher high this cycle versus Bitcoin, but if it did, I'd look at the 1.618+ Fib Levels as potential tops for the 5th-Wave. We've seen Monero make a higher low on higher timeframes versus Bitcoin. Time will tell whether its a higher high this cycle.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.