papadiotis

Monero for the next 3 Months

KRAKEN:XMRUSD   Monero / Dolar A.S
Monero as an alt coin its price in terms of USD is highly correlated with BTC/USD.
Generally I see Monero reaching the top at around 20-25 of December. With a bullish btc             resistance at 500+ is the target and with a bearish btc             the price can fluctuate.
No matter what, the XMR/BTC ratio will maximise at the around 20-25 of December.
Perdagangan tutup: sasaran tercapai
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Great analysis.

2 questions :

what's the blue and red line?
when do you expect to see $500?
Balas
papadiotis tonymontanaru
@tonymontanaru, I am expecting XMR to top at around 20-30 of December. I will sell my positions at the red box and buy back at the green box. Since btc is going up, I think that the blue lines are more accurate.
Balas
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