I think XMR will either go sideways above 400k or drop 60% in the next few days/week
Just wait it out if it goes sideways buy
if not short the life out of it
This may have power to run to 0.007.
Wait for confirmation before you go long!
I believe this will explode in the next couple of days (more analysis later)
XMR is in an interesting juncture right now.
We have low volume profile support below at 0.001355, but the weekly signals are of a strong downtrend aiming for 0.000913 as first target, and 0.0007 as second one, by January 25, 2016 or earlier.
As long as price doesn't move above 0.001978, then this forecast is viable, and also validated by rgmov, which is in a 44...
This is an update to my XMR downtrend chart.
The bearish daily downtrend has expired, and we see that there is a low in place, matching an area of low volume profile support (refer to Tim West's charts to learn more about this time at mode technique).
The other bullish signals are a daily time at mode uptrend signal that lasts until May 26, but which has already...
