MONERO (XMR) Update: When will trend resume up? I show a probable scenario in this blog!
I had blogged earlier regarding the alternation between the wave 2 and 4 for XMR. The expanded flat is coming to play pretty nicely. I believe the MACD shows oversold conditions and the c wave is almost in, if not already. A turn should happen anytime to complete the wave 5.
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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.
Hi Haejin, i think it's great how you keep following up. Your posts have been helpfull to improve my trading and i follow you on a daily basis.
I got a question on the XMR graph you posted above:
-wave b as a corrective wave turns up to be higher then wave 3 top. I marked the white V top as III, the red a as IV, setting your red b as white V / 3.
off course, only because i thought corrective waves should/ have to be lower than an upward wave. Looking forward to your feedback.
An expanded flat has Wave b higher than prior uptrend Wave and c is lower than a
These expanded flats are rare in stocks but I'm seeing a lot of them in cryptos