Long
Monero: The Grand Design

Monero has just completed one of its famous pumps. I believe this is just a signal of things to come. As you can see I have placed the entire history of Monero in a pitchfork, and it fits incredibly well. The majority of the time has been spent in the yellow channel with four big reversals coming at the bottom of the blue channel. Furthermore, the RSI is strong, the Stoch allows for growth or consolidation and the MACD is bullish. I believe Monero is a $1000+ coin. This pitchfork paints the road to that target. Strap yourselves in, the next year is going to be a pretty amazing ride!
PM me for entries, targets, and custom charts.
PM me for entries, targets, and custom charts.
Note
0.02 is a supper key point for Monero. It's been big resistance for a while now. If we manage to build support here it will be the strong foundation for more upside in the future.Trade active
Killer reversal!Note
Looks like Monero wants to join the litecoin party!Note
In order to break through the resistance of the ascending triangle (1d chart) we need to get through the 36 btc sell wall @ 0.0210. Up for the fight fellow comrades?Note
At the top of the middle pitchfork channel. Could be a bit of a pullback soonNote
This macro pattern is still playing out nicely!Trade active
Price just crossed into the upper blue channel for the third time in Monero's history. If we can build some support up above 0.03, big things await!Note
Back up above 0.03 again! Looking to build support up here. As of yet XMR has been unable to close above the top of the yellow channel in recent times.Related publications
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.