Total anonymization is a powerful tool! It attracts money.Hiding monies, doing illegal stuff, cover up identity etc is something a signifcant amount of people wants to do. And what is the best financial tool to do so? That old horse Monero!
Fundamental
Maybe Monero isnt the best financial tool? There is a lot more anonymous coins out there, Zcash and Dash for example. Though it's not Dash's selling point anymore, it actually started out as Darkcoin and back then it was.
It's my belif that Monero is the best, and my knowledge about the subject is probably higher than average, but many know much more so don't take my word on it. Research if interested :)
What I am certain about though, is that Monero is the go to coin when you want to be 100% anonymous today.
Monero has been around a long long time and still going amazing.
That's what I believe will attract buyers. The fundamentals are good and people are using XMR.
Cryptoland is on fire and getting money poured in, there is big reason to think that a large portion of that will go towards Monero.
It's a coin you just need to have a portion of in a cryptoportfolio.
Technical
Right now I believe we are looking at the fifth wave, and that it can go as high as 430 USD. Though I don't like that last bit of risk outside of my pitchfork so looking to get out at 355 USD.
There we have the 3.618 from wave 4. Including the edges from pitchfork.
I've had Monero for a long time, but I think it's time to add a little bit more.
50% here at current prices (185 USD) and 50% if it gets back down to the support between the 3.618 from wave 2 and last ATH, let's say 150 USD.
Stop Loss below 135 USD, should be good support there :)
Numbers
Buy - 185 & 150 USD
Sell - 355 USD
Stop Loss - Below 135 USD.
