Favourite count Running Flat Minute (Brown count) Inside Double3 Minor (Blue count)
Expected the second part of the Double three to develop. Could be a Running Flat, Regular Flat or Expanded. The other scenario is that a 3rd wave already begun.
Looking for the BO of the descending TL for a Running flat pattern
We will use 2 entries, one at previous day's low, and the other on the daily structure just broken at 39180. SL near yesterday's high.
Looking for a reversal sign for a long oppurtunity. Just from at least 1-2 daily close above trend-line. Looking for a test of 2.65 and re-test of trend-line for a short opportunity. Must be coordinate with bitcoin sentiment.
After the strong reversal correlated with Bitcoin today, we're looking for: - a consolidation above S and his re-test for a long opportuniy. - a breakdown of violet trending channel, the support at 226.4 and his re-test for a short opportunity. Correlation with Bitcoin not to consider since XMR still little correlated.
Watching closely for: signs of reversal with closures above 0.02172 area for a long position towards the other side of the channel. signs of trend-line break-down and re-test for a short position heading towards new lows (0.0150, 0.01). Always consider Bitcoin sentiment.
End of a triangle. Watching closely to find out where we gonna heading. 2.60 strong support seems gonna hold. No sellers here. Looking for a retest to jump in.