Long
XMR MOONero Ready For More Gains -- Go LONG
XMRUSD is a cozy place to be. I strongly consider XMR to be the best altcoin in the top 10 market caps to perform in 2018. The reason being the fundamentals match the amazing technicals it's had for so long, building up pressure to this point where it's ready to truly breakout.
We have 3 individual bullish patterns it could track right now. There's no technical sign of XMR pulling back whatsoever. We're crossing into major blue-sky breakout territory here.
After BTCUSD hit 10K, there were several selloffs. You may have noticed that most alts took a major dive when this happened as well. XMR quite obviously wanted to breakout more than anything else, and finally did when nothing else would, totally disregarding what BTC and other alts were doing. This was exaggerated into even higher gains to $300 when news was announced that many major musicians would be selling thier albums for Monero, due to, in their words, the strong technicals of the coins and "privacy" being a major highlight to them.
Monero doesn't get endless Twitter bumps or marketing. It's simply a solid coin, with solid code and a solid team of devs behind some pretty solid fundamentals. It simply grows, and news like this that pushed it is about to become more and more common-place as more "smart money" starts investing into the true privacy crypto.
That word, "privacy," cannot be said enough. I strongly expect this to be the leading fundamental of the future, for both honest and Libertarian reasons and even some nefarious ones. XMR I project is going to have an incredible run in 2018, and I also believe it will make 4x gains to $1,000 before BTC makes it to $40,000.
Go long and sleep comfy with XMR in your bags.
forbes.com/sites/laurashin/2017/12/05/cryptocurrency-monero-to-be-accepted-by-musicians-such-as-mariah-carey-g-eazy-sia-for-holidays/
We have 3 individual bullish patterns it could track right now. There's no technical sign of XMR pulling back whatsoever. We're crossing into major blue-sky breakout territory here.
After BTCUSD hit 10K, there were several selloffs. You may have noticed that most alts took a major dive when this happened as well. XMR quite obviously wanted to breakout more than anything else, and finally did when nothing else would, totally disregarding what BTC and other alts were doing. This was exaggerated into even higher gains to $300 when news was announced that many major musicians would be selling thier albums for Monero, due to, in their words, the strong technicals of the coins and "privacy" being a major highlight to them.
Monero doesn't get endless Twitter bumps or marketing. It's simply a solid coin, with solid code and a solid team of devs behind some pretty solid fundamentals. It simply grows, and news like this that pushed it is about to become more and more common-place as more "smart money" starts investing into the true privacy crypto.
That word, "privacy," cannot be said enough. I strongly expect this to be the leading fundamental of the future, for both honest and Libertarian reasons and even some nefarious ones. XMR I project is going to have an incredible run in 2018, and I also believe it will make 4x gains to $1,000 before BTC makes it to $40,000.
Go long and sleep comfy with XMR in your bags.
forbes.com/sites/laurashin/2017/12/05/cryptocurrency-monero-to-be-accepted-by-musicians-such-as-mariah-carey-g-eazy-sia-for-holidays/
Note
If you feel the chart is even remotely helpful, please say thanks by hitting the thumbs up button. BTC: 1AbAna1NhKCg3BqQjuheAmSLNLKAm39DbC
ETH: 0xdd702677258CD46268a5A5443ea033959899845b
EOS: 0xdd702677258CD46268a5A5443ea033959899845b
Thanks!
Note
Corrected my red trajectory and commented on how XMR reacted during the major BTC pump. XMR looks even better than it did yesterday. Go long and leave it alone.
Note
We are testing the boundry of Ascending Wedge #2. If it holds here, we're clear to make another leap upwards above $300. If this fails, we need to reevaluate the position. Market news and shifts in BTC could swing the price, but if it falls out of this wedge on its own, this would be negative.
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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.
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.