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Monero Is A Trader's Paradise - Targeting $175 in 2020

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Hi Traders,

Monero is one of the most technically sound charts out there. I love respect these traders give to trendlines, fibbs, moving averages and structure breaks. The symmetry in this chart is a thing of beauty, and I expect it to continue going into the future. I also think Monero is very undervalued relative to bitcoin right now, and the pumps we have recently seen in Dash, Litecoin, Zcash and a few other direct competitors justifies this setup for a monster rally.

We can clearly see a textbook descending wedge pattern, I mean come on..perfect fractal version of the bigger wedge spanning the FY 2018...It really doesn't get much better than this folks.

Hope to see you at the next check point - looking at that major 38.2 for initial take profit. $178 - $200 levels (200% ROI)

Best of luck, hit thumbs up
Not
anlık görüntü checks out Vs. BTC
Not
decent look vs. ETH anlık görüntü

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.