MONERO (XMR) Update: One more wave to go?
This chart shows a and b waves complete and waves i,ii,iii are in and wave iv now in progress and should complete soon. So, with wave v left, does that mean the bottom? How would it coincide with the Bitcoin Bear? I'm thinking that perhaps wave v could be extended to keep the possible correlation. Let's see what happens.
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BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
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Are you sure no Wave iv and i overlap? iv went up to $125 I think.
Close. Bottom of wave i is 118
So if top wave iv is 125 and bottom i 118, it is supposed to be an overlap no?
(I really need a tutor, I'm just starting to learn, and trying to understand the basics first.)
I'm using Bitfinex prices. Wave i bottom is at 118.53 bounce price high has been 117.62; you can't comingle prices from different exchanges. Pretty close I know. Now, if wave iv exceeds $118.53, I'll send an update with revised EW count. I know this, the bottom isn't even near and correction has just started.
Aw ok I see. I'm on Kraken and I saw that the spread was huge today!!
If spread gets huge what do you do? Play the arbitrage!
Bitfinex price just crossed the 119 top!
I posted an update just now:
https://steemit.com/bitcoin/@haejin/monero-xmr-update-can-it-be-bullish