I have loved $XMR charts so much recently, and now they’re getting even more BULLISH despite the latest crypto sell-offs.
First of all, my favourite HIDDEN RSI divergences — I talk about them a lot for sure, but they tend to add to high-probability set-ups, by a lot, in my experience.
Have a look at the DAILY — out of the previous five cases, four led to immediate pumps, and #Monero has one of those active right now.
I had three ways to enter a long position in the quoted post published on Oct 28, one of them being buy-the-dip orders below $315 — that missed by literally $2 as the price dipped to fib 0.5 ($317), a perfect bounce that could signal a new ELLIOT WAVE structure (waves 1 + 2 done?).
Another strategy was to enter this old-school #PrivacyCoin after a retracement and rebound, so I did at $339, and that was a half-size trade. Another half will trigger as per my main strategy, which is a BREAKOUT ABOVE $355, entry around $360.
Horizontal lines on the chart show previous behaviour of price post-HIDDEN BULL RSI div’s.
They precede my best buy signals — and there have been plenty of these as well, also a rarity.
👽💙
