MONERO (XMR) Update: $200 possible? My analysis shows the probable scenario!

in bitcoin •  7 years ago 

The RS (Right Shoulder) of the pattern is developing very nicely and should finish any moment. How will the RS finish? When prices bust out of the white Neck Line. Then it'll be a mad dash to $190 or so. So, is $200 out of the question? Nope! It's well within, especially if wave 5 extends as I've shown now in many charts, that is the tendency in cryptos.

NOTE: The caveat to any bullish posts is that BTC topping needs to be watched closely!


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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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i hope it takes 200

Just some really excellent analysis. I've learned so much in the last 2 months. I'm actually getting much better at this, thanks to your direction and help. Hope you don't get snatched up by some company soon. :)

Glad for your success! I wish you MASSIVE profits!
PS: I've been approached for commercial work..but haven't accepted anything.

I sure will send you some % if your analysis help me gain some $$$ ;)

If you'll shoot me a reply on twitter, I'll do what I can to help make it worth your while to not accept those offers. Of course, I would always want you to do what's best for you, every man should. What I've learned already, adapting to the EW model, and pattern recognition....my calls have gone through the roof...of course they never match up to yours....except maybe spotting that PINK call, which I believe is gonna take another run today if it hasnt started, or in the next day or so.

great work and keep it up

Very good news, thanks for the update !

monero is a coin with great future, but still because they are coming out many based on their codes, in addition to being one of the best in terms of anonymity, hopefully see a faster evolution in the coming months. Thank you very much for your work and for sharing, regards.

Thanks Haejin, your analysis are always precious and I appreciate your state of mind.