I tried to see if the trend of XMR could be represented by sine waves, which reduce their period and amplitude at each contact or approaching the edges of the two triangles in which I have confined the graph. Comparing the net flow, volume and MACD, I have noticed a reduction in the approach to the summit of the triangles, in particular the smaller one. This correlation could be confirmed if the next two points of contact occur (respectively, 25/9 22:00 and 26/9 14:00 UTC2 +). Is The trend expected to have an increase of movement in the next two days, after hitting a low of flow?
Comment:
I begin to believe that there is a possibility that the trend in the coming hours will remain confined to the top of the blue triangle, using the side of the yellow one as a support / limit.
Comment:
It would seem that the first point of contact confirm the use of larger triangle side as a support/limit line.
Comment:
both ideas are wrong.