here you go, freebie thoughts. catch more of these wonderful free thoughts
Komen
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i still havnt rebought. waiting to see if this bottom holds and we start going up, or go down a bit more first. lots of alts looking great, this one is meh-ish
Komen
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bought at end of consolidation but not enough, bought more 030x, currenlty down a bit but ill wait. imo weve had the correction here and on the way to ath. under 026 is danger mode.
You got nicely the level of support from which it bounced.
Noobincrypt
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@petrreo, thx, i still think its going lower, some other alts that went lower and trying to move up now, and others that were strong and moving up during the dumps are what im watching now
Nice analysis. I'm 50/50 on the drop. Monero is so promising a currency, in my opinion, that it might break some of the rules. This could depend on greater darknet adoption or other factors. I treat Monero slightly differently than the rest. Anyway, I do agree that we may see a temporary correction. I'm extremely bullish on XMR long-term and perhaps even short-term.
Noobincrypt
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@netrin, thanks for your comment on this idea, its true i am not sure where we are going, but the sentiment on the break above 03 and the lack of bears had me thinking this was done. also all other alts died so why not this one? i wont rush back into xmr without new highs, but will try to buy the fib retraces. good luck
netrin
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@Noobincrypt, I think that's a fair assessment. I'll be waiting and eyeing the 0.5 or 0.382 levels.