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WyckoffMode

$63.25 to $66.45 May be the Peak of This Simple Rally

Monero / Tether USD (POLONIEX:XMRUSDT)  
WyckoffMode Uppdaterad   
POLONIEX:XMRUSDT   Monero / Tether USD
Trend Analysis Technical Indicators Beyond Technical Analysis
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trendanalysis indicator beyondta
XMRUSDT also appears to potentially be I an ascending channel pattern similar to ADAUSDT and LTCUSDT.

snapshot
Kommentera:
You'll note where I have Phase C and D in this chart implies we find bottom of "support" in late May and we see a "Sign of Strength" with an "Up Thrust" in June. I'm aligning this TA with what I'm seeing in BTCUSD Analysis of a potential Wyckoff Spring occurring in May/June instead of August/September.
Kommentera:
Support may end up being around $49.25 but we'll see. My TA could be totally wrong and we continue climbing. But if we do end up turning back down from $63.25 or $66.45, "support" may likely be around $49.25.

snapshot
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