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kerstjens

XMR going for line 3

Long
Monero / Euro (KRAKEN:XMREUR)  
kerstjens Updated   
KRAKEN:XMREUR   Monero / Euro
Trend Analysis Wave Analysis Technical Indicators XMREUR long-term mid-term midterm
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trendanalysis waveanalysis indicator xmreur long-term mid-term midterm
It seems that XMR had a healthy pullback which could possibily be the second Elliot wave (0.618 retracement) and is now going for its 3th wave.

Based on Fibs and previous highs, strong resistance expected at at the blue box area. If break through previous high (132), 147 EURO would be next target for XMR.
RSI seems ready to support upgoing trend.
Comment:
After some resistance at Fib 0.500, XMR broke through and will soon test the Fib 1. level with some resistance expected.

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kerstjens
XMR preparing for wave 5
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