MONERO (XMR) Update: Korean Exchange Debut? I prefer Technical Analysis.
Apparently, there is an upcoming event where MONERO will debut in a Korean crypto exchange and so it could be bullish. IMHO (In My Humble Opinion), perhaps but I don't know. I do know that my TA shows the following: Waves 1,2,3 are in place and we are now churning prices to place wave 4. Then one more push to wave 5 to newer highs. It'll take maybe a few more hours for the MACD to turn bullish.
Can the wave 5 rise be due to the Korean exchange debut? Absolutely! It's just that Elliott Wave analysis states that an event or a reason shall arrive to justify the projection. So, yes, the Korean exchange could be that reason or event. But to me, it matters not because TA begets the fundamentals and not reverse.
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BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Definitely keep us in the loop on this one, XMR probably has a ways to run in the future. Looking for good entries.
You really are marvelous and have a fabulous skill. I'm trying to memorize what you always say,"an event or a reason shall arrive to justify the projection." I guess I could apply this to my life is well. By the way just had a curiosity and not to pry but where are you located and what country. Thanks again for all your inspiration. I think I want to be a TA.
One can actually take their annual salaries from beginning of their career and EW count it. That way, one can peak around the corner to see when perhaps a lay off or a salary set back might be probable.
My location is USA, EST.