Just to "emphasize..." I'm NOT LONG YET till $75 to $78.
Some, may believe we have reached bottom now and it's a good time to get in. If that's what one believes, one can get in now and simply wait. Or, one can buy a little here and wait to see if it goes lower to buy the rest on one more potential dip I'm speaking of.
Another way to look at it....
Buy now to "short" at $100 or $105 and go long at $75 to $78. Yes, it's gutsy but probable...
These are the normal Spring/Up Thrust (Pump) Months: April/May and October/November.
These are the normal Major Consolidation (Dump) Months: June/July and December/January.
In particular, the months I listed as "Dump" months means the dump will begin in the later part of the first month mentioned or in the beginning of the second month mentioned after the forward slash (/). For example, the December/January Dump Months means the Dump will begin the later part of December or first part of January.
And a look at the Daily. The Ghost on the Daily shows more "potential" downside. However, the BLUE line is already at 0.0%. This means we are coming close to the end of Supply over powering Demand. Could be 20 to 44 hours before Mark Up begins.
360m, 480m & 540m TF's:
Comments coming shortly.
Nothing wrong with selling here if you're "trying" to accumulate more XMR.
Let me emphasize this is XMRUSD. NOT XMRBTC. It may not move not one bit if you trading XMRBTC.
I'm about to look at potential price points.
The blue line on the TOP indicator in each TF still shows more room to go down.
Let me also say this. $84.00 price point has been stubborn of late. Meaning, it doesn't not want to give it up. Time will tell.
There is no reward with risk. That's why we have stop loss.
Let me also say this. It would have been better to get in on this short at the top of course. It was quite obvious if using the right indicators and staying on top of it.
I've been involved chatting and teaching in a chat room .
I still say it looks like it's going down more even though it doesn't appear so YET.
Also, I have a "red" SELL dot on the "middle" indicator of the 90m AND 120m TF's respectively.