Long

Monero next target 306$

Monero in a Strong uptrend and building on its next market cycle. In a previous post i have swing high of 2017 as wave 3 top meaning we are building a MACRO 5th wave which will take us above ATH towards 3000$ level long term. That idea is further complemented by the wave count we are seeing now; where wave 3 looks extremely extended, current wave structure being a 3rd of a 3rd of a 3rd; hence we can say there is much upside and long term growth to be seen in Monero which is a potential long term hold.

Current micro wave 3 target is 306$ which is a weekly orderblock resistance level that has great confluence being a 1.618 extension at that level also.

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