MY UNBIASED ANALYSIS ON MONERO PRICE MOVEMENT(SELL/BUY BREAKOUT)

21 בספט׳ 2017

Monero/Bitcoin is now trading in a
range within the rectangle. From
technical point of view, price
will visit 0.024 satoshi.
If price touches 0.024 sats,
bulls will buy again and
take profit at 0.028 Sats
So the range of price is from
0.024(buy[ green arrow ] region) to 0.028( sell
or take profit region[red arrow]).

If positive news surfaces around
Monero, price will try to break above the
rectangle which is the supply or equilibrium
price zone indicated with a
blue arrow.This signals that the bulls
are more now. A break above the
blue arrow lead to massive buy which is
indicated with the green arrow
provided there exist
a strong enough positive news, otherwise
Price returns to the rectangle range .

If negative tive news surfaces around
Monero, price will try to break below the
rectangle which is which is the demand
or equilibrium
price zone indicated with a
pink arrow.This signals that the bears
are more now. A break below the
pink arrow lead to massive sell which is
indicated with the red arrow
provided there exist
a strong enough negative news, otherwise
Price returns to the rectangle range