Hi TV Members,
My apologies for those who do not like seeing all the text bubbles. However, I'm doing this only when posting the HISTORY of a coin for followers to be aware of what took place in the past to get an idea for the future. I'm sure everyone has heard the phrase, "If we do not learn from history, IT WILL (most likely) REPEAT itself. Just saying...
I made an important note in a purple text bubble for current and yet to come events. We can see from history, it's quite common to have a Double Breakout; followed by a Double Throwback with a Markup. Especially, in a bull market; as we are now. It's also common for shakeouts just before breakout lines and throwbacks just above breakout lines. So be careful. That's also food for thought for you shorter's out there. hehe...
I want those NEW to trading crypto to focus on the value of each trade and NOT the perceived value of each coin! The Composite Group is counting on others to focus on perceived value while he profits off their perception that's focused in the wrong place.
Could XMR go to $20.00 ??? Who knows... THAT should NOT be our focus. So what if it goes up to $20 in USD. This is XMRBTC; not XMRUSD. There is very little [If any] data from "history" provided for what could very well occur, where it (price) will occur, when it will occur and why it will occur. I will also post a copy of the Daily for XMRUSD in comments to show you we do not have much to go buy in terms of history. XMRBTC is a better bet to assist in answering the questions I mentioned previously.
I'm going back in history in 2015 later on with two other coins to see what may play out in the very near future. I will try to get it out sometime tomorrow evening. I still have a lot of other coins to analyze first to have peace of mind before getting to that.
Comments are welcome to encourage discussion to assist one another in what positions could be taken under what circumstances for those looking to short at the right time, possibly swing at the right time, etc... That's the reason for the publications; to share thoughts.