Monero could be in the final stages of forming the handle for the cup. The falling wedge must hold. Overshooting wick allowed. Support at 200MA and fib levels.
This chart represents a repetition of the bullcycle from 2016. A double exponential move with corrections. It looks like the W bottom may have been tested (is it enough?). We now need to break up out of the falling wedge and enter the ichimoku cloud before EOY. The light blue line then needs to crossover the purple and we're bull above the ichimoku for the 1st...
Several trendlines, pitchfork and 88.2% fib level come together at this low around 62 just above june 2017 top. Is XMR at the bottom and will we see the start of a wave 5 now?