$63.25 to $66.45 May be the Peak of This Simple Rally

POLONIEX:XMRUSDT

Monero / Tether USDPoloniex

설명

⋅ 2019년 4월 1일 오후 9시 36분

XMRUSDT also appears to potentially be I an ascending channel pattern similar to ADAUSDT and LTCUSDT.

코멘트

⋅ 2019년 4월 1일 오후 9시 41분

You'll note where I have Phase C and D in this chart implies we find bottom of "support" in late May and we see a "Sign of Strength" with an "Up Thrust" in June. I'm aligning this TA with what I'm seeing in BTCUSD Analysis of a potential Wyckoff Spring occurring in May/June instead of August/September.

코멘트

⋅ 2019년 4월 1일 오후 9시 58분

Support may end up being around $49.25 but we'll see. My TA could be totally wrong and we continue climbing. But if we do end up turning back down from $63.25 or $66.45, "support" may likely be around $49.25.

코멘트

W3rN0tAl0n3

⋅ 2019년 4월 1일 오후 10시 4분

Boy, I REALLY hope the "Wyckoff spring" happens as we are expecting.....I will be devastated if it simply bypasses it, that will be unfortunate....

WyckoffMode

⋅ 2019년 4월 1일 오후 11시 1분

@jeremy.jacques79,

Could be a late bloomer as this time and not begin shooting up until mid to late June instead of mid May to early June.

W3rN0tAl0n3

⋅ 2019년 4월 1일 오후 9시 44분

You think it's going hit those December highs? I'm thinkin' she may be out of steam here, however that may just be the pessimist in me, ;-).

WyckoffMode

⋅ 2019년 4월 1일 오후 11시 0분

@jeremy.jacques79,

It will likely go higher than the $112.00 I have shown in December. Could go as high as $150 or $160 then come back down to $100 for new "support."

W3rN0tAl0n3

⋅ 2019년 4월 2일 오후 6시 37분

@ProwdClown, I didn't see that you had responded bud- when do you see XMR hitting $100+, not this rally here do you? That would double it's current price. I'm thinking personally that BTC will have a short pullback to previous resistance before re-igniting- perhaps we get our "Wyckoff Spring" here in the coming month(s) as you have been speaking about, that's what I'm banking on!