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Brisben
21. Aug. 2017 23:08

Possible Monero pennant signals another trip to Mars Long

Beschreibung

Monero boomed hard last night. This is why I have bags in XMR, not only is it one of the best cryptos, it just has soooooo much room for upside. In my last Monero chart I called a bounce at 0.0130. I was VERY wrong, but I believe this was mostly due to the craziness of the BTC spike. If you look at the chart, my outlined support zone is actually where it started to boom again once BTC had calmed the fuck down.

Anyway, pennant forming in Monero. Stock is overbought. RSI is good, but needs a bit more upside. Looks like trigger @ 0.0201.

Craziest thing about last night's spike is that the volume wasn't even that big. If we got anywhere near the volume of NEO or BCC have had recently we could absolutely boom.

Anyway, wait for confirmation of the upwards movement.

And if you're making money off any of my charts, consider sending me a tip (ETH): 0x6189E7219c51456F117CD4E4483Ba36Aa1a69f6E).

Thanks, and happy trading!

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fineregex
hi:) Right now i wouldnt want to cause anyone buying above $100. Technically the risk looks mcuh smaller than the potential. Why you have a Long-preference now, when you didnt post such hours ago at~50% consolidation 0.0178 for example or yesterday?

Monero is yet a currency of annoymity, botnets, crime, pump and dump.
we have to assume crypto bubble is very near to burst all together. It may only go up shortly if bitcoin crashes first. And only if X million $ get stolen somewhere again then annoymity coins may go up i assume.
fineregex
fineregex
fineregex
Brisben
@fineregex, I didn't post yesterday because I was busy watching other coins, such as ZEC. Thanks for your perspective. But like your ideas, mine are just thoughts. It is not financial advice. People have to make their own decisions.
fineregex
@Brisben, yes:) i just find it risky and wrong even if should works. Got any update already?
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