Monero (XMR) - Daily TA

in xmr •  7 years ago 

Daily-07.03.2018.png

It looks like we are slowly approaching the end of wave5. There are two possible scenarios here:

  • Monero will not be able to break resistance at 0.034 and this will be the end of wave 5
  • Monero will break the resistance at 0.034 and continue going higher.

In case of the optimistic scenario 2 we could start looking at profit targets at 0.035 and 0.04. Those profit targets are taken from the current sell orders set on Binance.

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