Gentlemen, every time we saw MA200, MA100, MA50 on a top-bottom sequence forming over the chart, it has produced a strong bullish move; it happened before in Jan/Feb ’15, Jan/Feb ’16 and now it’s happening again.
When we look back to Jan/Feb ’16 MA200, MA100 & MA50 we see a very similar scenario. The chart starts ascending breaking both MA50 & MA100 till it hits back when meeting MA200, onwards while its descending both the MA50 and the MA100 form a crossing support giving a stronger attempt to break the MA200.
Targets are:
0.0194
0.0214
0.0253
0.0326
-- small request: Like the chart to receive updates and provide me with insights as i don't usually make Monero charts :)
Good luck with your trades
When we look back to Jan/Feb ’16 MA200, MA100 & MA50 we see a very similar scenario. The chart starts ascending breaking both MA50 & MA100 till it hits back when meeting MA200, onwards while its descending both the MA50 and the MA100 form a crossing support giving a stronger attempt to break the MA200.
Targets are:
0.0194
0.0214
0.0253
0.0326
-- small request: Like the chart to receive updates and provide me with insights as i don't usually make Monero charts :)
Good luck with your trades