Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smoothie
on 10/11/2016, 15:27:30 UTC
Sorry for posting the personal info here. If you want to discuss it further, there is another thread for it now, and you easily find from my post history.


As for Monero speculation, almost everything reinforces my belief that the downtrend is still upon us. The pattern of lower highs and lower lows continues.

The only thing that gives some light is the high-ish volume in the last dip (to 0.0058). If in the next dip, the volume intensifies near that level, we might form a double bottom there instead of 0.004 (which still is my primary projection, as a capitulation range, not as a target price).

0.004 would clean the air and establish the trading range to 0.004-0.010 for the time being (spring rally is only a few months away Wink ).

If no 0.004 now, then there just remains the risk that the capitulation will come later, and what is the fun with that  Cheesy

I fully agree with you. The BTC Capitulation will indeed be around 0.004-0.006 XMR.

Lol epic reply.

But.....when?  Tongue