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XMR (MONERO): Analysis: Culmination of Pattern & Waves are Signaling a Bullish Breakout in Price! by hahajin

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· @hahajin ·
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XMR (MONERO): Analysis: Culmination of Pattern & Waves are Signaling a Bullish Breakout in Price!
**SUMMARY**

A redraw of the correction into a bullish downward symmetrical triangle is quite impressive because of near termination status. It's almost done. This is significant because it confirmed the depletion of sellers to the extent that basically not a seller could be found. Still, there is a scenario for a one more slightly lower low if price wanted closer proximity to the Apex. 

The red ABC correction is a FLAT with subwaves showing the 3,3,5 in precision.
<center><img src='https://s17.postimg.org/4epcbngov/Screen_Shot_2018-03-06_at_11.20.27.png'></center>
***
 IF price goes below the upper white trendline and stays there, then we have a different scenario and analysis will be updated. Even into this upward wedge; the seller repletion just was not enough to fulfill the wedge price travel guidance.

 A full label of waves, subwaves and pattern is showing a culmination of technical events that is signaling an impending trend reversal.
<center><img src='https://s17.postimg.org/78shp2vpr/Screen_Shot_2018-03-06_at_11.20.21.png'></center>
***

**Legal Disclaimer**: This post is for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this post has been researched and is thought to be reasonable and accurate, I cannot and do not guarantee any rate of return or investment timeline based on the information presented herein.
<center><img src="https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV"></center><center><img src="https://steemit-production-imageproxy-web.s3.amazonaws.com/U5dt8BFauhjGURqh8Rn38guHXV9gmrZ"></center>
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@cryptoindex ·
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It is during our darkest moments that we must focus to see the light
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