Monero / Bitcoin
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xmr ew analysis

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Follow up idea to find targets for related idea (Trade entry: breakout of red trendline):

My view of the current price action is that we are in wave 3 of wave 5 of the uptrend.

Usually wave 5 extends wave 3 but in some cases its truncated and the rally ends earlier.

So the very bullish case here is a new all time high near 0.04 with a cup and handle before.

BUT there is the possibilty that wave 5 is truncated and not making a new high then we might looking for a target near the fib levels.


Not
20*4h consolidation bars about to expire soon

anlık görüntü
Not
next events to watch:

2017-01-06: Fluffy talking at Coinbase
2017-01-09: Hardfork for ring confidential transactions

both dates start with a fresh 3day candle opening, which is my favorite timeframe for monero. (check 3day chart with ma20/bb20)
Not
increasing position here 0.0152
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scaling out a bit, take partial profits to have ammo for potential etc rally
Not
ABC with adjusted wave count vs Wave 5,
anlık görüntü
Not
ltc and etc stealing the show, secure positions in case of people swaping xmr to other coins
İşlem kapandı: hedefe ulaştı
sideline here, gl everybody

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.