Some time ago I realized this insane structure as someone hardly knew about Monero. Yes nothing happened since then. But look at this weekly chart. If you have enough experience with trading you know that this is not a dead chart. I just wanna say "pay attention". Buy and forget. It's cooking. For some reason I don't even know.
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This is 3 fucking years. Show me another chart like this.
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I compared gold to monero at the time. You see what gold is doing. This is a chart I can trust.
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People will laugh at me but crypto is really like this for me: "Monero, DOGE and other bullshit." I believe in charts. Sometimes.
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I don't do ltf trading on Monero but this dump was interesting. It's on a weekly uptrend now.
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Think like this about Monero. What will make the holders sell who did not sell 3 years ago or a year ago *at the same price*. What could possibly happen? What can be worse than Binance unlisting so to speak. Binance unlisting is really a catastrophic event for a coin. Because Binance has huge volume in crypto and other exchanges tend to follow them. But here we are. Same price.
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This is the trend I mentioned btw. I like this diagonal sfp patterns. Plus we have a curve that suggests bottom.
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And that curve is almost 4 years old. Absolutely mental chart.
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It seems like Monero holders are only enjoying delistings :D Seriously there is nothing like this insanity.
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Even if every one of them delist it, people can just buy something else and swap on DEX's. If Monero is useful, it'll survive. I think it is. I think the chart will prove. It's flat in times of great crisis.