Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
BTKC
on 19/01/2016, 20:18:14 UTC
To go back to some price speculation, the weekly MACD has flipped to green, which is pretty exciting. It flipped 3 times in our history, all 3 times it was precedent to, or during, a (major) rally.

Since bitcoinwisdom doesn't have all the data available crypttrader seems a broken for the last few days, I'll use two charts.

First, crypttrader, so the start is also observable:

http://i.imgur.com/eUCWf4P.png?1

Second, bitcoinwisdom, for the current trend:

http://i.imgur.com/eWHzZNm.png?1

The long downslide also seems to be broken:

http://i.imgur.com/JApStbA.png?1

FYI: I use log scale on all the charts, because it gives a more appropriate image in my opinion. Certainly in high volatility markets such as crypto.


Thanks for the analysis. Added a few thousand xmr to my stash the other day. Glad i did, lookin fairly bullish right now.