xmr ew analysis

28 déc. 2016

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.

31 déc. 2016

Note

20*4h consolidation bars about to expire soon

2 janv. 2017

Note

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

3 janv. 2017

Note

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)

6 janv. 2017

Note

increasing position here 0.0152

8 janv. 2017

Note

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

10 janv. 2017

Note

ABC with adjusted wave count vs Wave 5,

10 janv. 2017

Note

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

10 janv. 2017

Trade fermée: cible de profit atteinte

sideline here, gl everybody