Monero / Bitcoin
Long
Updated

$XMR Next market cycle beginning

3 347
XMR is starting to turn around. They year long cycle it has been respecting is starting over. It should move into a new price zone with the next push, which could last a few months. The price is breaking out against USD and has move over the 4h 200 SMA which is a buy signal for me. .04 -.07 are not unreasonable targets, especially with all of the new institutional money that is expected to flow into crypto over the next year. It may even go higher, but we'll see when we get there.

snapshot
Note
snapshot
Absolutely loving this fractal. If this plays out we could see 2x gains within a few days.
Note
snapshot
Can it be done???
Note
snapshot
With hope, the fractal continues.
Note
snapshot
Trend holding strong, Weekly Stoch RSI flipped. Just tagged the .5 fib level before a quick pullback.
Note
Raising my target for the finale run.
snapshot
Note
XMR moving into its endgame for this cycle. Target 1 XMR = .1 BTC
snapshot

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.