...monkey thinks XBTUSD is going to trend up for a couple of hours, so XMRBTC should see a low before midnight GMT before continuing up as XBTUSD resumes a downtrend.
EDIT: As he often does intraday XBT, monkey just changed his mind and is now bearish XBTUSD intraday. I should just give up on his intraday crypto calls for good and all.
EDIT: As he often does intraday XBT, monkey just changed his mind and is now bearish XBTUSD intraday. I should just give up on his intraday crypto calls for good and all.
He flipped again shortly thereafter, and stuck with it, so his bearish turn was very short-lived, and his more consistent bullish bent proved fairly predictive overall. I could wish he were more decisive, but not at the expense of predictive F1. The consequences for XMRBTC were as expected.
I would note that XMRUSD is now at the lower end of its recent range, and hence it might be a good time to add moneros if you are using dollars - certainly if you are using euros, i would waste no time!
Edit: That was true. It is no longer true: XMRUSD is now toward the upper end of its recent range. It is not a very wide range (so it probably won't last very long). Here's hoping you got while the getting was cheap.
It is still cheap in btc terms, however.
