Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
rpietila
on 03/09/2016, 16:32:28 UTC
This leg is not finished. 0.04 is the target. From there I am not sure.

I thought you were expecting a correction to 0.004 first?  

Yes, after the multi-year double top at 0.01, I said that it's only 30% likely that we go up before visiting 0.004.

So I was wrong at a 70% call.

After that I have been both wrong and correct, but can hardly give better than 60-40 as the situation is so interesting. For the reader that might sound being in the complete darkness, but for the trader, even 55-45 are nice odds if you can forecast them correctly.

Now it is not in the cards to go to 0.004. The lowest realistic retracement is revisit to the 2014 ATH, about 0.01.