Synbits

Synbits

#Monero #XMR $XMR held the lower boundary of a 21-month rectangle (yellow) that will serve as the Handle for a massive C&H. The bull market has started. Prices head north. Target headed to $3,000+ over next couple of years

Synbits

Target 12-13k.

Synbits

Current uptrend should have us testing the multi-year resistance around March 2020. A breakout of that will have us test 16k (, where I would imagine we reject back to retest the multi-year support one final time (around midyear 2020), before we continue upwards to test the previous ATH around the end of 2020, or first half of 2021.

Synbits

Just saving to see how it plays out.

Synbits

The charts never lie.

Synbits

Bitcoin 3 day death cross on Dec 21, 2014: - 51% drop, in 23d + 89% rise, 180d - 48% drop 36d + 210% rise 78d Same scenario applied to today yields the following results (see chart). Total duration from death cross to golden cross was 406 days back in 2014.

Synbits

BITFINEX:BTCUSD Rallies and dips charted with Fibonacci retracement tool to show potential future price levels. Fib retracements have accurately forecasted at the 0.618 fib level for price dips since March 2018. New rallies top at the 4.236 fib level, where a new retracement is then charted to forecast a new price level. Alternating line colors (green, pink)...