xmr ew analysis

٢٨ ديسمبر ٢٠١٦

Follow up idea to find targets for related idea (Trade entry: breakout of red trendline):

My view of the current price action is that we are in wave 3 of wave 5 of the uptrend.

Usually wave 5 extends wave 3 but in some cases its truncated and the rally ends earlier.

So the very bullish case here is a new all time high near 0.04 with a cup and handle before.

BUT there is the possibilty that wave 5 is truncated and not making a new high then we might looking for a target near the fib levels.

٣١ ديسمبر ٢٠١٦

ملاحظة

20*4h consolidation bars about to expire soon

٢ يناير ٢٠١٧

ملاحظة

kraken adds xmr to its exchange
blog.kraken.com/post/155126375697/kraken-launches-monero-trading

٣ يناير ٢٠١٧

ملاحظة

next events to watch:

2017-01-06: Fluffy talking at Coinbase
2017-01-09: Hardfork for ring confidential transactions

both dates start with a fresh 3day candle opening, which is my favorite timeframe for monero. (check 3day chart with ma20/bb20)

٦ يناير ٢٠١٧

ملاحظة

increasing position here 0.0152

٨ يناير ٢٠١٧

ملاحظة

scaling out a bit, take partial profits to have ammo for potential etc rally

١٠ يناير ٢٠١٧

ملاحظة

ABC with adjusted wave count vs Wave 5,

١٠ يناير ٢٠١٧

ملاحظة

ltc and etc stealing the show, secure positions in case of people swaping xmr to other coins

١٠ يناير ٢٠١٧

أغلقت الصفقة: تم الوصول للهدف

sideline here, gl everybody