XMR/ETH Fib Level Support and Repeat Pattern LONG

7 thg 6, 2018

XMR making a similar albeit not exact pattern to November of 2017. The leading indicator I am looking at is the leveling price on the 0 fib level + the bullish divergence in RSI. As you can see in November/December of 2017 XMR rose all the way to the 78.6% fib level before taking a break and then making another move upwards towards the 161.8% level. I don't think it will be as bullish this time around but I am looking for it to move up towards clear resistance at the 50% level which would be around .366 ETH for a nearly 33% gain.