TrendlineNoob

TrendlineNoob

We can see a giant bull flag on Monero's weekly timeframe with of course an overshoot of the pole, according to the pole size without the overshoot the price targets could reach or exceed previous ATH of around 500$ depending on the breakout zone also coinciding with the completion of the giant cup and handle patern, if we were to take the overshoot into account,...

TrendlineNoob

Most likely a fake down at the end of the triangle before going up (if it does).

TrendlineNoob

Anyone got the same idea ? Descending broadening wedge is normally a trend reversal. Idea would be invalidated if the 54k resistance line is not turned into support!!

TrendlineNoob

Just a simple elliot wave, target could be more or less 2$, with BTC reaching 75k~ and BATBTC roughly at 3200sats

TrendlineNoob

BAT's correction could be near the end although rather long compared to the first pump, not expecting it to go below 1900 sats, the next leg up could be interesting !

TrendlineNoob Updated 

Leave your thoughts in the comments ;)

TrendlineNoob

Let me know what you guys think, could be just wishful thinking then again who knows ? PS not trading advice!!