XMRUSD 1d: End of Consolidation in Nov? 70 > 100 > 145 > 200 USD

We've already seen Fibo 0.23. The question is whether the consolidation at Fibo 0.38 has been completed. According to the trend lines, Fibo 0.23 could be tested again before it goes up. New trend channels and a new basic trend line (black) can be seen in principle. If we fall under Fibo 0.23 (70 USD), the whole situation must be re-evaluated. Therefore currently I would wait and see what the trend really is. Posts from the development will follow as usual.

Let's see what happens. Happy trading. :-)


See also:

Chart Aug 21

Comment:

monerousd xmr (8h) update: interesting info. monero stopped at fibo 0.38 for the third time, exactly now, which means that the long-term upward trend could begin earlier. and the consolidation phase should be over.

Comment:

monerousd xmr (8h) update: let's check and see if we have a first sign of a trend reversal.

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XMRUSD (1d) update chart: that's the way it goes.

Comment:

XMRUSD (1d) update chart: strong resistance ahead. be watchful! fast retrace possible.