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RE: MONERO (XMR): Riding High, BULLISH!
What do you mean by "MACD not even close to overbought" ? It sure is overbought if you watch RSI. Thanks!
What do you mean by "MACD not even close to overbought" ? It sure is overbought if you watch RSI. Thanks!
At time of my post, 1 he MACD was at mid point. I posted the blog 8 hours before your comment. Overbought right now? Yes.
I've been watching most of the night, and I feel like the MACD is not telling the whole story. These spikes keep happening. If you put those huge spikes in the anomaly category of the wave, I think we're still in wave 3!
We are in wave 3 but I count that sub waves i,ii,ii,iv are in and we might be working on v. It's possible that wave v can become extended and be longer than iii...but I don't care. I take my profits during wave v and cast my ladder with the rungs.
Thank you @Haejin, any chance of another update on this. Still hold?
I've cast my profit net with ladder rungs. Wave v always means profit taking for me since an abc correction cometh. Then buy back in at bottom of c. But, this is just me. Please use your due diligence.