Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
ztrader2016
on 22/05/2016, 02:58:09 UTC
Back OT..

Looks like we're going to pull back to 19.5k-20k, then I think the 4-week cup and handle will complete, and next leg (next weekend?) will push up to 33k.


I don't think so there is 300 BTC between us and 200k.

A slow day doesn't signal a trend reversal. We are still in uptrend but until volume picks up we may slow our ascend or go sideways until volume picks up.

Personally I wouldn't sell I'd just be patient. The sell side hasn't increased and the supply is quite limited compared to the demand.