Monero (XMR) Update: Another Bullish Head and Shoulders? A BREAK OUT? Where?

in bitcoin •  7 years ago  (edited)

Here is a quick update. The chart shows head and shoulders even in the MACD signal (green dotted circle!). You don't see this everyday! Also, note the neck line break by the price. This is a strong and decisive bullish break so let's see if we get our upwards, orgasmic price surges!


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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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  ·  7 years ago (edited)

Thanks for sharing

What a beauty! Upvoted my friend steem on!

This post received a 1.5% upvote from @randowhale thanks to @erodriguezc11! For more information, click here!

Great post and nice job identifying the pattern. The accompanying volume spike is reassuring. I do feel we need to see a break above the $55 - $60 range and make new highs though to confirm a new uptrend and higher highs. Let's hope we get there! What are your thoughts?

Liking your posts! Monero is a long term crypto for sure.
What do you think of EOS at its current levels?

EOS is a 12-16 month investment for me and an ETH killer. If it hits $300 by then, and you have 5k to 100k coins, your future generations will bless your name for such wealth inheritance!

Wow. Bought a few today. I'm learning charts and EOS to me seems to scream buy to $2
Going to be adding more soon, used all my btc today on eos.

Haejin, how about a DASH update? How much upside is there on this run? Thanks!

Here is the DASH analysis. Please use only to augment your due diligence.
https://steemit.com/bitcoin/@haejin/dash-update-last-dash-for-cash

Hi Haejin, could you do an update on XMR today, we didn't see any high $70's, would be great to see your analysis on current levels and to see if there are any indications for it going up again.

The call is same and $79.11 will not be overnight. I'll update with a bit more price history. Thanks for the read! I have deep skin in in the game with many of these calls like XMR.

Thank you Haejin! I guess I've got a lot to learn when it comes to patients as a newbie!

This is a masterpiece.