Long
Will a historical pattern once again offer support for XMR?
$BITTREX:XMRBTC finds itself in a similar spot as the last few times it found a bottom (see clouds).
$BITTREX:XMRBTC very rarely makes it to a completed "TD Buy Set UP" for the weekly time frame. In fact, it has historically bottomed in week 7 (which we're in currently) just as it makes a bearish fall beneath the 50MA.
The last 2 weekly 7s (had you bought the bottom) returned 200% and 250% respectively from top to bottom.
Below is a snapshot of the same chart for daily time frame. If you look closely...you'll see that each of the clouds (weekly 6/7 bottoms) contain completed daily TDBuy Set Ups. What did Monero just complete a couple days ago? A TDBuy Set Up.
tradethe9s.com
$BITTREX:XMRBTC very rarely makes it to a completed "TD Buy Set UP" for the weekly time frame. In fact, it has historically bottomed in week 7 (which we're in currently) just as it makes a bearish fall beneath the 50MA.
The last 2 weekly 7s (had you bought the bottom) returned 200% and 250% respectively from top to bottom.
Below is a snapshot of the same chart for daily time frame. If you look closely...you'll see that each of the clouds (weekly 6/7 bottoms) contain completed daily TDBuy Set Ups. What did Monero just complete a couple days ago? A TDBuy Set Up.
tradethe9s.com
노트
Made slightly lower lows this week (week 8 of 9 in TD Buy Set Up).Good news:
The TD Buy set Up on weekly chart is now "perfected".
XMR holding up against BTC better than almost all other alts.
Bad news:
BTC chart looking not so good. :[
노트
액티브 트레이드
Monero has been one of the strongest alts since this post(people likely seeking refuge in the most stable of coins in this current Bear)
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.