WyckoffMode

XMR Looking Very Bullish After Breaking Out above...

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WyckoffMode Обновлено   
POLONIEX:XMRBTC   Monero / Bitcoin
11
...the 0.01104719 Resistance line. The downtrend has been broken in my opinion and we're heading up towards the next breakout level at 0.01543717. I expect us to reach it no later than March 10, 2017. Again, that's my opinion.

This could go "Hyper Bull" to the 0.02029597 Breakout level similar to the way ETH has done. Time will tell.

More updates to come.

Happy trading everyone!

Cheers


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A look on the 12h:
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A look at XMRUSDT on Poloniex to allow one to see we're very bullish: 12h TF

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We took a hit here of course. Consolidation will occur on the way up. Big Players getting some USD to fuel up for BTC.
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PRESSURE BUILDING in the 1h TF on XMRBTC. It's also about to touch the LEFT side of a green line. This means it's about to go up. Buy NOW if you haven't already!

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XMR going UP; How much? More charts to come:

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going down"
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Well look what happened WHILE I was typing and teaching:
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This will EXPLAIN WHY a lower TIME FRAME:
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So you can ANTICIPATE with the Caution dots not only but what else? The fact that we were at the bottom at 0% (ZERO). If that's not a time to buy I don't know what is when the red line went through the right side of a white line at 0% after a LOT of pressure was there especially. Meaning definitely up.
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Patying attention to the 4h TF gives one a good idea of where price is heading in a particular DAY of 8 x 4h candles. Which see:

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NOW YOU SEE HOW TO HAVE A PLAN OF ACTION FOR A PARTICULAR DAY BASED OFF YOU TA:

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I used XMRBTC as an example and I used WHEN TO SELL as an example. Then we also need to know WHEN TO BUY... RIGHT?
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I circled a few in GREEN this time to give you an idea of WHEN TO BUY.

NOTE how the red line entered into a white line FROM THE LEFT SIDE this time NOT the right?

I'm explaining HOW TO ANTICIPATE and make entry. OF COURSE WE CAN GO TO LOWER TF's TO GET MORE ACCURATE ON ENTRY IN THIS CASE BUT YOU GET MY JIVE.

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SO, right now I'm WAITING for confirmation we have hit bottom by a WHITE LINE TURNING UPWARD and the RED LINE ENTERING THE LEFT SIDE OF THAT WHITE LINE: LOWER TF's FOR BETTER ENTRY>

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IS THIS making sense to anyone following?

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