Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
ArticMine
on 11/04/2015, 22:53:55 UTC


I do not see a 0.0028 to 0.0045 trading range, rather I see an upwards trendline channel with very strong support at 0.0028 with two scenarios. 1) Continuation of the trendline channel with a test of 0.0050 and a possible test of 0.0058. A break of the upward trendline would be very bullish and could lead to a test of 0.010. 2) My second choice is a breakdown of the bottom trendline and possibly a break below 0.0028.