XMRUSD Can it? Could it? Would it?Ok here is some fundamentals:
Monero outperforms the crypto market as its dark web use rises - Source -Invezz
Monero leads privacy-oriented coins in year-on-year growth, up 249% in 2020 - Source: FXStreet
While the dark Web has really lead to the use of more Cryptocurrency, due to its untraceable characteristics. We must ask then, what is Crypto mainly used for? Can it be for Adrenochrome harvested from the innocent? Child trafficking? Illegal matters? Red Rums? etc.
Yes it Sure can! and Being that those services are not cheap; some cost fortunes, we can at least draw a correlation between the increase of price and usage.
Now, going off on a tangent, can you only image the wealthy pigs who primarily use Crypto for such purchases.. ? Yaa A LOT.
As I digress, we can see inflation resistant assets, has moved many investors to adopt crypto as a safe haven. Being Covid as A catalyst to say the least.
Furthermore, I wanted to address the elephant in the closet, that being, I notice many people with cult like mentalities on here, whom are very emotional about others who hold opinions contrary to them. In only to advance their infatuation with an intangible currency.
Ellioteave
ELLIOT WAVE AUDUSD, 4HThis time AUDUSD is pretty simple and clear to identify that it's going up create wave C following the trend. However, just for information be aware as the USDINDEX get stronger
Bitcoin 9k put option viewHere is using Elliot wave to determine the logic of the 9k put option. We do have a CME gap. Timeframes aren't 1to1 and could happen over a period of time
