30 August 2016
Yes it wasn't a fall off a cliff.. maybe my little knowledge of MACD and Bollinger are proving useful
29 August 2016
This is on the 1 month view, if I use a smaller view like 1 day; it shows peaks and valleys so rapidly that profit margins are too small. I feel the 1 month view is a good range; it even allows me to see real peaks and valleys in the hour by hour time frame.
29 August 2016
Attempting to apply the methods taught in the above video, you can see that I can't apply step 2 where I need to retrace the previous high. Not sure exactly what that means, but perhaps it means that this isn't a true long position. Maybe some other methods can be applied to see where Monero is headed. According to the MACD, you can see the lines are starting to converge.
According to the below video you can see that there was an expansion, which appears to be a bullish expansion just below where I've denoted 1B.