Happy ETH/XMR/ZEC/LTC Day!
Get ready for liftoff!!
All 4 charts look very similar, and some have already blasted off.
Dash
Inverted head and shoulders formation below, broke through resistance at .0565, shot through the next resistance at .068, settled in around .071 for a ~30% gain.
XMR
Inverted head and shoulders formation below, broke through resistance at .0139, shot through the next resistance at .0165, settling in around .0185+ for a ~30% gain.
Edit: It appears there were two pieces of news about Monero today which may have contributed to the rise in price:
- A computer scientist discovered an algorithm which will greatly increase Monero's ring signature size
- Bitthumb (largest Korean exchange) will be adding Monero
ETH
Inverted head and shoulders formation below, broke through resistance at .076....will it break through the next one at .094?
ZEC
Inverted head and shoulders formation below, hitting resistance at .06...will it break through, then break through the next one at .077?
LTC
Inverted head and shoulders formation below, hitting resistance at .0115...will it break through, then shoot upwards as well?
The symmetry is undeniable.
All the charts are similar, and they are a similar grouping of coins so I'm approaching them the same way: like they will shoot up a bunch.
I didn't buy Dash, but I got in on ETH at .0765, buying ZEC a little preemptively, and waiting on LTC to hit .0116 before I buy, but I like my chances for some 30% jumps today.
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Update:
Bought ZEC at .593 preemptively, but sold half of it at .061 because the volume is unconvincing. XMR volume went through the roof, while ZEC only increased slightly, so combined with the lack of news that XMR had I fear this is a false breakout.
My stop-limit order on LTC just executed, and entered a stop limit sell for 6-7% lower in case this isn't a real breakout. LTC volume is a bit better than ZEC so we'll see if either are real, but given the bullish group of coins they are associated with, both could still rise a fair amount even on false breakouts.
No stop-limit sells on ETH: feel better about going long on it.
hi
it's interesting
I am following your account every day { 🤝 }
@haji
what about doge ??? should i stop investing in doge... and start investing in one o these coins ??
Doesn't have the same setup. I probably wouldnt sell it, I doubt it drops much more as it is just above a support level, but I never really buy joke or complete shitcoins that don't have value.
If you approach it as a gamble, short term speculation, then you can do either.