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RE: MONERO (XMR) Update: When will trend resume up? I show a probable scenario in this blog!
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