MONERO (XMR) Update: No big change

in #bitcoin7 years ago

Even with today's downdraft, the call for one more higher high wth wave 5 has not been invalidated. The chart shows that prices rose out of an ending diagonal (a,b,c,d,e white), very typical of wave 4s, and so I remain that wave 5 is expected. If anything, today's drop is working on wave ii (white) of wave 5. What's key is that prices stay above $96.41 to maintain validity. If so, waves iii,iv and v should complete wave 5.


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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.

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