MONERO (XMR) Update: Tentative EW Adjustment

in #bitcoin • 7 years ago

If this scenario where c wave of abc (red) is correct as measured using the sub waves (a),(b),(c); then the uptrend should resume. This is tentative as usually, abc retrace deeper....but not required. Let's see what happens.

NOTE: Bullish calls could be dampened by the potential Bitcoin Bear.


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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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7 years ago in #bitcoin by
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     7 years ago 

    MACD has reached signal on 2h and we are starting to move upwards. Could that be the beginning of 5th wave? Also do you think we could get a truncated 5th wave because of the bearish situation?

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