Long

XMR/BTC PATTERN

Updated

Bouncing back to support lvl. If it hits support, XMR will rise halfway. Bounce another time back to support lvl's direction. This is the W pattern. After the W pattern, big rise.

Comment

For now I expect a W pattern for Monero. As you might see, the W doesn't really fill in the trend, as I expected. Anyways, the future of Monero seems bright. Like all alt coins will do for 2018.
If that 'W' pattern occurs, we will see a big rise. Ofcourse, it is according to Bitcoin what it will do. A bitcoin analysis, which I agree with, is made by Mkhaytman

BTC locked in with June bear market. Will we see 10k BTC again?

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