Oops_I_Charted

Monero XMRBTC - Rounding bottom / Inv H&S / Cup & Handle ideas

POLONIEX:XMRBTC   Monero / Bitcoin
85 0 6
It's unclear which way this is going to go as I imagine it will have a lot to do with where BTC             goes - but here are some ideas I'm seeing & things to watch for (see chart).

If it goes in this direction and ends up forming a bowl, LOOK OUT! Because this would be the handle on a large cup that started with the last ATH             around 0.0270 and would point to a pretty huge upside.

I'll post a chart for that if it looks like this is playing out in some way.

It's also possible that we'll form a downward channel , which would also eventually be bullish but would mean downside for the next couple weeks.

Let's see where it goes!
評論: Double Bottom:

評論: Bullish Divergence:

評論: Lots of signs of a reversal, so I'm a lot more confident about this idea.
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