@btc_joe, nice timing:) I'm a believer with a solid hold over 0.019
jbmack
⋅
@btc_joe, so XMR hit your Wave 5 target of $450 (above link). Do you think wave 5 is over on XMRUSD and if so, how do you reconcile with potential .18 move over next 1-2 months on XMRBTC? The latter chart still looks intact IMO...
ltc-joe
⋅
@jbmack, Good question...feel more confident about the xmr/btc chart (its a longer term chart as opposed to the zoomed in view of hte usd chart). Given that, I guess I would say this entire market cycle on usd was just a 1 and a 2:
Anyway, love EW, but who knows, I could be totally wrong. We'll see : )
minwootree
⋅
awesome! how about take profit?
jbmack
⋅
You pretty much nailed the 1, 2 and 3 -- Nice work! How do you play early hits on a Wave 4? Shorten timelines? Buy @ $150 area and hold?
Rektitude
⋅
Not 100% certain wave 3 has ended. What do you use to determine it’s over?